My goal for this course was to increase my understanding of
how to structure my business in terms of employees, finances, and operations.
The employees are structured based on expertise and technical skills. I will
have people managing their specific departments which include a developer for
our online platforms, recording engineers, and marketing representatives. Our
finances are coming from out of pocket and investors among family and friends. Our
operation will largely focus on independent music to create an independent
record label.
I was fortunate to gain insight from Mr. Burhoe’s firsthand
experience with businesses. Through the reading, lectures and assignments I was
able to put things into concrete terms and numbers. This month helped me think about selecting
people that would assist me and I could rely on. Currently I can say I have at
least four people on board who can handle the technical side of the company. I
also was given the chance to start thinking about the company will operate and
make money, along with where our budget will come from and how it will be spent
in order to keeping running. The idea of
being as realistic as possible comes to mind when considering what I’ve learned
from this course and the reading material.
The concepts from the course were relevant for my business
plan for my program at Full Sail University. At I come towards the end of the
program I can see how everything I’ve been taught thus far will be connected
towards my final business plan next month. At this point I will be finalizing
the pieces and reflecting on my time here. After graduation I will see what
resources are available to start up the company, but the route of finding
somewhere I can gain more experience will always be open.
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