williamol blog

Halfway Reflection 1)     Behaviors I have used or developed to stay up to date in this course:  Distributing my time accordingly is one of the great behaviors that I’ve used to keep up with the requirements of this course. Also, becoming more creative and having better focus “to put everything on the shelves.” On top of that, analysis and proper time distribution. Sometimes even skipping one assignment in order to compete 2 or 3 others because time is limited while working above than full time. 2) I felt like giving up sometimes when I run out of time that I estimated to spend on an assignment, but I still had to complete them. Some assignments require tons of time.  Another thing - watching lectures. This is a great course, but I think the way information delivered on lectures can be improved. Perhaps it could contain better structured material. I also like to read notes of the presentation/lecture at the end to kind of get a summary and l...

Reading Reflection “Elon Musk” by Ashlee Vance 1) What Surprised me the Most? His life goal - alleviate our dependence on oil and make us a multi-planetary species. Also, amount of challenges Musk faced, how he overcame them and didn’t give up. His capability to set everything aside and focus on his big goal and use all resources to the fullest. In addition, it is interesting comparison - "Apple-like design" "Silicon Valley revolutioner" Iron man, Thomas Edison..  What about Musk did I most admire? I admire that Musk combines in himself both inventor and businessman. Businessman who is willing to go all in, who is chasing his dream for better humanization. I admire his passion to bring improvements and change into our lives, bring progress to human race, and invent new technologies that benefit everyone. As we get used to the life as we are now the world is changing, however not as fast as it can be with all powerful and well-established oil industry....

Idea Napkin No. 1 I’m a real estate investor and broker. My background comes from different ventures associated with IT, sales, and real estate. Years of my experience in real estate consist of retail and wholesale transactions, buy and hold, flips, reassignment of contracts, joint ventures, land acquisition, buying single families and dozens of pieces of land on foreclosure and tax deed auctions, obtaining info from court records, lien searches,  dealing with municipalities and businesses,  skip tracing, overall researching and analyzing deals, and much more. Currently I'm focusing on commercial and residential land development.  I see this business as an instrument of achieving financial freedom and becoming more passive investor.  To my customers I'm offering a partnership where they participate financially in exchange for portion of profit to buy and develop land, having end goals (depending on the deal): ground lease, build to suit and NNN, or simple sal...

Elevator Pitch No. 1 https://youtu.be/XMVX2tFYx-E

Solving The Problem Prior completing 7A, I think the best way  to implement  the opportunity would be to create such database and lease or sell it to medical facilities with licensing - with contract for numerous  amount of years. In this case we are selling product and service to maintain the product.  While this system would be beneficial to the healthcare   entities  and people,  healthcare   entities  would also need to have their employees trained to use it. This would require creating online and in person  training  sessions  and  presentation.    As far as monetization, the system - database can be free for healthcare entities to enter, but there can  annual  service/maintenance fee. 

1)      Pick an opportunity you would like to pursue. ·         Healthcare entities / medical facilities and practices in the United States don't have  united/ central  electronic database with medical history for patients . 2) Clearly state the opportunity you have identified, including the who, what, why. ·         The who: Hospitals, , people - patients. ·         The what: They are unable to store medical record information because there is no such central system- database exist in the US. ·         The why: Competition among healthcare entities and unwillingness to share information between each other.  3) This is your 'hypothesis' about the opportunity. ·         Testing the who: In my opinion everyone in my ‘who’ shares the need and I believe  having such database ...

Economic Trend:  Mortgage rates sink to lowest level in three months  Source:  https://www.washingtonpost.com/business/2020/01/23/mortgage-rates-sink-lowest-level-three-months/ I believe that this means that an opportunity exists because the 30-year fixed-rate average fell  significantly - to 3.6 percent with an average 0.8 points. (Points are fees paid to a lender equal to 1 percent of the loan amount and are in addition to the interest rate.) It was 3.65 percent a week ago and 4.45 percent a year ago. The 30-year fixed rate hasn’t been this low since October .  Low mortgage rates are tempting home buyers off the sidelines and into the market. New data shows that buyers didn’t wait until the new year to find their new home and instead were out in unexpected force last month. Existing-home sales grew 3.6 percent in December, its best pace in nearly two.  The prototypical customers would be mortgage homebuyers and homeowners, lenders?, investors who b...