Today, we mainly discussed and performed research. We discussed the two types of research as well. Primary research, which is research done directly while secondary research is carried out indirectly through other existing resources. We discussed the type of primary research methods we could do, such as surveys and interviews. For the secondary research methods, we looked up the different databases and websites looking for information related to our possible business plan. The research I did helped me get more familiar with business and made me confident I could get the right research for it.
We also later watched another episode of Shark Tank. In the episode, we discussed whether we would have made the deals that the Sharks made. The TV show is definitely showing me how creative people can be and that there truly are hundreds if not thousands of business ideas that can see success.
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