Celebrating Failure

A time this past semester that you failed -- whether in this class, or outside of this class.

A time this past semester that I have failed... One particular occasion comes to mind for me. My first management exam, as I didn't do as well on it as I wanted. I admittedly did not have my priories in check the few weeks leading up to my exam. The moment I received my grade was motivation.

What you learned from it.

I learned that I did not want to feel disappointed again so I made sure to study meticulously for the next exam.

Reflect.

I realized as I started to write this assignment, how truly difficult failure is. At first, I did not want to have to admit to my failures. As I reflected on what I've learned from this class I realized that failure is only a first attempt in learning and it only truly happens when you give up. I love this quote by Michael Jordan, it really sums up the meaning of "failure".

"I've failed over and over and over again in my life and that is why I succeed."

Overall, this class has taught me that perseverance wins over any failure

My Exit Strategy

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Rare Earth Organics is 100% organic, plant-based cafe that specializes in gourmet cuisines. I want to bring a restaurant to the market that offers creative plant-based cuisine that is both rich in flavor and of course, nutrient dense. This cafe will offer a unique environment that focuses on supporting nutritional wellness and sustainability for every person who walks into the door. Rare Earth Organics will ensure to select the finest organic ingredients while also supporting local farmers, sustainable agriculture and environmentally friendly products.

1. In five years I would hope to have Rare Earth Organics all over the nation. I would want to either sell or franchise depending on circumstances. This first venture helps me achieve my vision by giving me knowledge and understanding of what it takes to start up a business.

2. I have selected this particular exit strategy in order to leave my decision open. I am unsure at this time what I would want to do down the road with this type of business venture. 

3. I feel that my exit strategy has not had a direct influence on other decisions within my business, given I am not sure what exit strategy I would like to take at this time. By adding new products into the business, gives me the potential option to keep building a brand!