Blog 21: Independent Component 2

LITERAL
I, Alex Madrigal, affirm that I completed my independent component which represents 30 hours of work.”
Saylor.org
Provide a digital spreadsheet (aka log of the 30 hours) here you go
I took an online elective teaching about me about what it takes to run a small business ad the economics that go into it.  
Different Articles:

• Small business in U.S History-
• What is entrepreneurship?
• Business Plan
• Phases of entrepreneurship
• Which legal form is best for the company

Notes: Notes

INTERPRETIVE 
For this elective I was required to take notes on 5 units worth of lessons and then apply them to my project which is specifically a bike shop. With this new knowledge in economics and business I can be more qualified to run a bike shop of my own if I were to ever start one.

APPLIED
Within my research done in this class I found that with certain things i was never aware of, such as the necessity of entrepreneurs to our society and economy. Without competition, our products would never advance or improve and we would stand still with the products of today.

Blog 15: Independent Component 2 approval

(1) Write a description of what you plan on doing for your independent study component.
www.saylor.org/majors/business-administration is an online class that teaches people to be ready for the business industry. It is is designed to give students a range of general knowledge of business common to all business career paths.
(2) Describe in detail how you think your plan will meet the 30 hours work requirement.
This is a very large course of different lessons that should take me a the amount of time needed to complete the hours needed. Having to go through each lesson and really taking the knowledge away from it is a time consuming matter.
(3) How does your independent study component relate to your working EQ?
My working EQ is "What is the best way to sustain a profitable bike shop?" and the core of this question boils down to what economic ideas do I need to know in order to run a bike shop successfully? This course will give me the economic background to really get a better answer out of my research to answer my EQ.

independent component 1

• LITERAL(a)“I, Alex Madrigal affirm that I completed my independent component which represents 30 hours of work.”
  (b) Rich Roth was a great help being my mentor and owner of Covina Valley Cyclery.
  (c)

• https://docs.google.com/spreadsheet/ccc?key=0AkbZdttFlLO2dGVlaFhtUHRyZjM0NXhKNFR6N2VxMVE&usp=sharing
• APPLIED
  By giving me the resources to be able to talk with an actual owner and founder of a bike shop giving me the ability to pick at his brain for what he thinks is the best way to sustain a profitable bikes shop.

Independent Component 1 Plan Approval

(1) Write a description of what you plan on doing for your independent study component.

I was planning on possibly picking up extra hours at the bike shop where I do my mentorship to get a further understanding of what rich does to keep this shop so organized and running smoothly.

(2) Describe in detail how you think your plan will meet the 30 hours work requirement.

I usually will help around the shop from open to close, if the shop opens generally around 10 a.m and closes 5 p.m a few days should fulfill the requirement of hours.

(3) How does your independent study component relate to your working EQ?

My EQ is: What is the best way to sustain a profitable bike shop? So by working alongside my mentor who is the owner of a bike shop he can show me the way to truly answer my EQ.