13A Reading Reflection

Walter Isaacson "Steve Jobs"

The first time I read this book, I felt a sense of completeness that I had not felt from an autobiography before, the first aspect that surprised me the most was the development and subsequent firing from Apple after the success of the first Apple computer. This surprised me because a big part of the successful entrepreneur is the story society tells, and Steve Jobs was truly a morally bankrupt individual. As Steve Wozniak said " you can make good products and be a good person, the two are not mutually exclusive."

I admired Steve Jobs ability and willingness to turn away from the crowd in order to conduct the orchestra, it is often necessary to be stubborn in order to seed one's dream, initially Steve wanted to give away the computer interface for free, however, Steve Jobs realized and had the business sense to develop it into a legitimate business one that could change people' s lives and make money.

I did not admire Steve Job's mistreatment and subsequent ignoring of his daughter and first wife Chrisann Brennan. He was a man who truly bad an impact on the universe but the way he conducted his personal life often times, verbally and emotionally abusing his coworkers and family caused him far more problems than necessary, in one particular incident he threatened to discredit one of his employees on the stage if the engineer could not fix the broken demo.

 After his firing from Apple, Steve Jobs sought to start a new education company called NeXT although this and built the Cubi-NeXT workstation the entire station costs nearly 3500$ to build but was initially sold at $2000 it was a complete failure the company actually lost money and eventually closed down.  He eventually used that to capitalize on his return to Apple after he realized the difference between a right product and the wrong time and a right product at the right time, when Apple tried to push the Newton as a new cellular pager that failed but Samsung would soon sell out the same item 15 years later with the Galaxy Note 2

Steve Jobs was brilliant at figuring out what people needed before they even did, Henry Ford once said that "if he asked people what they wanted they would have said faster horses"  Steve Jobs developed a technology people did not realize they wanted but immediately came rushing when it was developed.

The dissolution of NeXT, although the company was failing in its R&D it was bought by Apple in 1997 for $429 million, I never understood why Apple bothered to make this sale, Steve Jobs was already on his way to Apple and it was clear that the company was failing so why waste the capital and resources.

If I had to ask Steve Jobs any question I would ask the following, In order to make an Impact upon the Universe do you believe that one would have to sacrifice their personal happiness with family and other interests? Also if you could go back would you change your relationship with Steve Wozniak?

Work is not Hard as long as it is what you enjoy!!! This is what I believe Steve Jobs would believe

10A Elevator Pitch

9A Testing Hypothesis Part 2

Interview 1

Who: Medical Dispensary Owner,
Although this type of business shares a great deal in common with my own style of business they fall outside my opportunity need because medical dispensaries are considered and sanctioned as medical associated business hence many banks provide services to these types of businesses

What: The need here is significantly different from what I seek to offer, because many of these business already have a closely related relationship with insurance companies, and banker in fact, many bankers would provide subsidized loans at lower interest rates because they are aware of the lucrative position many of these dispensaries are in.

Why: The underlying cause of the differences between those within my boundaries and those outside it is the designation of those outside my need as medical businesses.

Interview 2

Who:  KNOX Cannabis Dispensary

This dispensary has found a method in which the fall outside my opportunity need because they haev a completely different need, these types of dispensaries can deposit money within banks that are not associated within federal reserve system and hence are not regulated by the federal reserve, they deposit their money offshore banks.

What: The difference in need here is perception, this dispensary can deposit money however, they can only do so offshore, they're issue is the political administration which has brought on different regulations.

Why: Thirst cannot be mistaken for hunger, and in this case the situation concerning these individuals is political lobbying not a new form of banking.

Interview 3

Who: Dr. Correia, owner of a farming plant for Cannabis and other medicinal herbs, she is a Osteopathic Practitioner, this particular type of business is owned by one person, and its revenue is deposited within her personal accounts. Although she does

What and Why: The need Mrs. Correia has is more concerning regulation although the underlying need is similar to those who are within my boundaries because they are individually owned businesses and such are not subject to the same level of regulation.

Interview 4

Who Pot Entrepreneurs, have run into many different issue when seeking to turn their business into a profitable market, these are individual growers that sell their, product to third party distributors.

What and Why: The majority of the issue many of these people face is similar to the Dr. Correia  situation  they're regulation impeding many individual growers to associate with banking institutions.

Interview 5

Who: Partner Headquarter Credit Union the first form of financial system that began banking with Marijuana industries,
What  and Why: the issue with  this system of financing deals not in its acceptance of marijuana revenue but in its lack of diversification once these funds have been accepted within the financing.

Inside the Boundaries

Who is in: Those dispensaries which currently house grown and sell marijuana to either recreational usage or other medical purposes but cannot establish a banking system with banks.
What the Need Is: The Marijuana Industry is in need of a Banking system that will allow dispensaries to deposit their money.
Why the Need Exist: Many banking institutions throughout the United States is regulated by the Federal Reserve System and acceptance of money is based off of federal regulation which is currently stating that any bank that acceptance money from Marijuana dispensaries could be charged with money laundering.

Outside the Boundaries
Who is in: Many Medical Dispensaries
What the Need Is: Many of these dispensaries are not necessarily under the same regulation which causes many  of these dispensaries to be able to deposit money but they can only do so with a limited number of institutions.
Why the Need Exists: Federal Reserve Banking Regulation is under Federal Law which states that Marijuana is class I drug which means any one looking accepting money from it is money laundering.

8A Solving the Problem

The marijuana business throughout America, is beginning to take off, as more and more individuals have are catching on to the deregulation that many states are now providing its citizens. The issue remains that many banking and lending institutions will not provide many dispensary with a line of credit or even allow these dispensaries or individual sellers to deposit money. What I propose is an online banking system that utilizes cryptocurrencies and cyrptobanking that swaps this cash for crypto, thus allowing marijuana dispensaries and other marijuana manufacturers to deposit their money. This will bridge the divide for many marijuana dispensaries and open up a new mode of banking.

7A Testing the Hypothesis Pt 1

Many Marijuana Dispensaries no longer have a means of depositing their revenue into a reliable bank or even getting a line of credit due to the stigma surrounding the drug that they sell.

If I open up a crytpobank allowing Dispensaries to deposit their saving in the form of cryptocurrencies and exchange goods and credit online, which can then be relegated into cash via Bitcoin many dispensaries will be able to have a means of safely guarding their cash while diversifying their revenue through investments and credit.

Interview 1

Dispensary Owner

Who:After my interview the owner of the Dispensary did tell me that most people roughly 75% were in need of this concept or some permutation of it as there is nothing currently available
What: The downside is that the only people who are actually in need of this idea are those that own dispensaries, farmers and other independent sellers would have no need for this because they are not registered as a business.
Why: The difficulty is not just the lack of banks but most importantly the culture surrounding marijuana if my hypothesis were to work culture must be changed also many cryptocurrencies are difficult to predict in terms of their value often fluctuating violently.


Interview 2

Who: Investment Banker, works for Hedge Fund, although investment is a primary concern for many with dispensaries and for bankers seeking to invest that money many do not have an issue taking dispensary money as it will eventually be diversified and hardly calls for a new mode of banking especially those dealing with cryptobanks
What: The boundaries of the need however, are that some hedge funds need to use cryptocurrencies in order to expand their financial profiles which would bring many dispensaries that cannot use banks to their financial sectors, two main forms of savings exists those which are kept in banks and the other which is invested many hedge funds, although risky, are willing to take money from large groups of sectors and diversify it.
Why: Many banks have regulations that stipulate what they may due with money and hedge funds are not bound by the same regulations which allow them to dabble crytpcurrency and cryptobanks to grow a new financial sector.

Interview 3

Who: Independent Seller of Marijuana After my interview the owner of did tell me that most people within his line of work would love to have a system for depositing they're revenue and also investing it without the hassle of economic regulation.
What: Many banks will not take money founded in Marijuana revenue also many independent sellers are fearful of police and other government agencies that may pursuit their work.
Why: Lack of defined regulation concerning banks and individuals owners as caused a great deal of confusion as to what exactly the premise for investing these types of revue are.

Interview 4

Medical Distillery Owner
Who: Many medical distillery owners about 50% of them would benefit from a system like this because it will allow them to diversify how they save and invest their money while allowing them to change the cultural stigma around weed.
What: They are able to formulate a broad spectrum base on the cryptomedical web, if multiple dispensaries join, the ability to form a chain-block bank would allow credit to be formulated and investments to be made.
Who: Investment challenges associated with revenue from dispensaries specifically those of medical owners.

Interview 5
Who: Law Enforcement Officer, how would an online banking system operate for law enforcement, surprisingly this idea was suggested originally by members of law enforcement,
Whatby having an online banking system built through block-chain for dispensaries and independent sellers, law enforcement could keep track of who what and where these froms of marijuana are being sold and which is legal and which is illegal.
Why: Keeping track of sales throughout the marijuana community could provide real time data as well as keep track of shipments and routes in which this drug travels, and also formulating a more thorough grasp of what the community looks and operates like.

What I found was astonishing, I had never concerned the Law Enforcement Aspect part of this opportunity but also how this opportunity could cause a great deal of unrest within the dispensary lives of patience as many of them may not be aware of how they're money is spend once they leave the vault of their shops.

6A Identifying Opportunities

Dodd-Frank Wall Street Reform and Consumer Protection Act

This opportunity was found in the finance newspaper investopedia, the source of the information clearly analyzes and lays out the new the new regulatory trend of repealing Dodd Frank and the Wall Street Reform act that will allow many business and day time traders to begin trading using different regulatory features. The opportunity exists because the regulation as allowed many traders to trade on stock options and other derivatives previously blocked, the customers for such an opportunity would be the day traders as well as hedge funds and other financial investing firms. This opportunity would be easy to exploit for many investing professionals as it was done prior to 2008 crash and many of these trading practices are well known and utilized before 2008.  I saw this opportunity because I remembered my economic lesson regarding finances and how regulation goes down so investment and riskier financing practices go up. 

White House slaps 25% tariff on $50 billion worth of Chinese goods

Trump has added fifty billion dollars worth of tariffs to Mexico, Canada, and the EU.  This information was found after it being released by the United States Depart of Commerce and published on the CNN money financial newspaper, the newspaper highlights the purpose of the tariffs as well as the economic opportunities such as more manufacturing jobs for steel and also an increase in American made Steel and Aluminum being sold across the world. The most likely customers for these new tariffs are to be American consumers as it will be cheaper to buy American steel than imported steel from around the world, it will be harder to exploit this opportunity however because tariffs could make products more expensive thereby negating the reason to by these products. 

Alaska faces serious mental health care challenges. New regulations are unlikely to help.

 This information was found inside the Alaskan Financial Job report, after new regulations on the Health Care Sector for the state went into affect causing many doctors and insurances to provide health care to part time workers, this report detailed how and who would be affected by the new measures and clearly showed that due to regulations they're would be a greater need for more insurance companies and medical profession within the state of Alaska. They're will be significant growth within the medical sector of Alaska, although this opportunity will be hard to exploit because the regulations are very restrictive are not entirely clear on how it will affect current medical businesses. 

Cramer: This jobs report shows we have the 'perfect economy' for stocks

The information provided came from CNBC Financial Advisory and Host of the Investment Firm Cramer INC. The article detailed the new jobs report that came out on May 31, 2018 and the economic trend that reached unemployment to 3.8% the lowest since 1969. Allowing for greater economic stability but also an increase in business development as more banks will now be able to lend at lower interest rates, and the federal reserve keeping interest rates as they are, this will allow a greater number of business to expand and hire more people. the willing customers of this will be the American people, and it will be far easier to exploit this opportunity as it will be readily available for everyone. 

5A Identifying Local Opportunities

As marijuana dispensaries open their doors, Florida registers 5,400 new users per week

http://www.miamiherald.com/news/health-care/article212181799.html

The number of individuals using the marijuana has grown tremendously throughout the years as it has come under increasing positive light. The number of dispensaries selling medical marijuana have also grown since State Regulations have eased the utilization of marijuana for those in pain, however many of these dispensaries are having a hard time with banks to take their money. Many banks will refuse to take dispenssaries money and will not provide any line of credit to these institutions because they fear many of these dispensaries will use their stores as a means to sell marijuana recreationally which is illegal.  Marijuana Dispensaries are the one's with this problem as it means many of these dispensaries will not be able to open a line of credit and must keep their cash in a locked vault within the dispensaries. If someone could open gofundme lines of credit for dispensaries they could become the online bankers to dispensaries through cryptocurrencies. 

Groups, including UF team, outline no-kill shelter idea

http://www.gainesville.com/news/20180601/groups-including-uf-team-outline-no-kill-shelter-idea

DOGS DOGS DOGS. They are truly mans best friend but often times they're are many who do not have any homes and when many of these dogs can not find a home, they are put down. The proposal is to use a portion of government spending to increase the number of shelters and hope that they may also end the legislation allowing for the killing of domesticated animals when they do not have any homes to be placed in. This allows many new homes to be built, veterinarians  to open different practices for caring for these and providing new homes for them. 

Legalizing cannabis divides candidates for governor

http://www.gainesville.com/news/20180601/legalizing-cannabis-divides-candidates-for-governor

The legalization of cannabis is a hotly contested issue throughout the state and federal legislature however due to increase pressure from the public many state legislators are still divide on the issue of legal cannabis, Those whom this may affect are those with medical pain that may not have a medical fur-low to utilize marijuana yet, as it is only prescribed for cancer and limited number of patients. However this divide provides many of the medicinal marijuana to show how marijuana may help the community, those with medical fur-lows may be able to change the cultural climate around marijuana and even provide a new economic sector of recreational cannabis stores.

UF Researchers Identify Patient Factors Associated with Persistent Musculoskeletal Pain

https://gainesvillebizreport.com/uf-researchers-identify-patient-factors-associated-with-persistent-musculoskeletal-pain/

The number of individuals with Persistent Musculoskeletal Pain has increased due to a series of abuses with electronics such as phones and laptops, the increase in these conditions has led many UF researchers to find earlier symptoms in children rather than older adults, causing it harder to detect and harder to find a problem to find a cure because many young  individuals have growing bones. this present an opportunity for many new medical researchers and new medical drugs for young adults. 

Could nursing home horror of Hurricane Irma happen again? Most facilities not ready.

http://www.miamiherald.com/news/health-care/article212321844.html

Hurricane Irma devastated major parts of Miami and caused road closures as well as electrical outages in major parts of the city, these areas became unreachable for quite some time, and many elderly homes were not  checked during the storm an for a week after the storm, many elderly individuals died due to this massive oversight and inability to access the patient. This presents itself as a wonderful opportunity to integrate some sort of cellular app which can alert care takers on the condition of patients when disasters strike and the care taker may be separated from the patient, this issue plagues most ill patients most specifically harmful to babies and elderly if the issue is not rectified.