Chad Girnun Principles of Entrepreneurship

College Cleaners The opportunity that this venture is based off of is that college students living in dorms have a problem keeping their room straight and clean. Students have this problem because they lack the time to clean their room since a lot of time they have an issue adjusting to a busy schedule. The other main factor that causes students living in dorms to have this need is that they a lot of times aren’t used to cleaning after themselves. A lot of students grow up with their parents or someone hired to clean their house and their room. For this reason, it is hard for them to keep track of all their belongings when they are compiled in one room. This need is required every two weeks and on an occasion of messier students, every week. This statement is based off of asking LaZ Dorm, who offers a cleaning service, how often their services are required. After being in contact with the owner, I am well aware and certain this this need is required every week to two weeks. The f...

My exit strategy is one that I don’t see happening for quite some time. I plan on building this business up for the foreseeable future. This business I don’t believe has the ability to go public, however, I am sure that it can definitely expand past just the UF campus. This exit strategy if I had to assume, would come later down the road. I would continue to run this company and invite top and higher executives if I was able to expand the business. I would bring in more experienced and well-developed professionals to aid me in growing the business, however, I wouldn’t give away too much power as seen with Apple and Steve Jobs. I would then sell the business, most likely to a private equity firm, when I felt that I had expanded it enough and want to go on to other ventures.             The reason that I feel that I would stay on working for the company is because I see that this model could be successful past just the UF campus....