Wednesday, April 13, 2016

Very Short Interview Part 2

I revisited the owner of the Cymplify coffee shop here in Gainesville for part 2 of this interview. My impression of the initial interview was that I really didn't know much about entrepreneurship, especially based on the questions I asked. I felt a lot more comfortable interviewing this time because I felt that I was more confident in my knowledge about entrepreneurship and was able to ask more intelligent questions. 

This is the set of questions I asked:

How do you see your business growing in the next 5 years?
He said that in the next 5 years he sees his business growing more. He hopes to keep on putting on more special events in the lot near his business, such as more food truck rallies and small food and music festivals. He also thinks that partnering with local businesses would be a good idea for word of mouth advertising. 

That being said, where do you see yourself in the next 5 to 10 years?
He said that he sees himself still running his business in the next few years, and hopes that business continues to grow and more opportunities for growth come about. He loves what he does and loves that everything in regards to his business are in his own hands, that is what he loves most about being an entrepreneur.

Do you have an exit strategy for your business?
He does not have an exit strategy for his business yet because he is still so dedicated and involved in its progress. But he says he will most likely sell the business when he gets too old to take care of it. 

I feel I have definitely grown in my abilities to understand entrepreneurship and what it takes to manage your own business. The entrepreneur did not really convey that I had progressed, but I believe he felt more comfortable in this interview than in the last when I was more hesitant to ask follow-up questions.

3 comments:

  1. Hi Jennie,

    Great post for this assignment. I completely agree with you in regards to the growth of entrepreneurial knowledge. I think this course helped to take a majority of the principles that we are learning in other courses and weave them together to give us a better understanding of what it takes to start and run a business. I love your interviewee’s ideas for local food festivals and food truck rallies. Good food done right is always hard for me to say no too! Good luck going forward. You can view my blog post here if you would like. http://jww3.blogspot.com/2016/04/very-short-interview-part-2.html.

    Thank you.
    Jim

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  2. Hey Jennie!
    First of all, I can definitely agree that the types of questions asked in these interviews can really have a huge impact on what you get out of the time. I think these are great questions and it is good that the person you interviewed has a strong idea of their future. I think that knowing what you want to do is very key to success. I hope you were able to learn a lot from this second interview! Great post!

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  3. Good evening Jennie, This is a fantastic write up for this assignment. I really enjoyed reading it, and thought the questions you asked were good to go. I hope he is able to expand his business, or he will have to figure out an exit strategy. The entrepreneur I interviewed did not have one either.

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