A day with J3

29A- Venture Idea No.2 “MeanTime” is a web based app that allows college students (over age of 21) to check the lines and capacity of their favorite bars on campus through a live stream update system. Through this system, students can see what the line is like at their favorite bars on campus and make their plan for that night with their friends. Just like surfer use online webcams to check the waves without going all the way to the beach, students can check the live feeds through the app to maximize their time rather than going all the way to the bar and wait in line for a majority of their night. Opportunity: The reason I created “MeanTime” is because it started as my un met need. I found myself way too many times getting to my favorite bar and having to wait for more than an hour to get in. As a college student, I am busy and have a lot of better things to do than sit in lines for hours. Through “MeanTime” students can maximize their time and arrive to their favorite bars when t...

23A-Your Venture's Unfair Advantage ¥ Promotion ¥ Networking ¥ Feasible  ¥ Top notch technology ¥ Customer service ¥ Aiding Time Management  ¥ Capital  ¥ Easy to use ¥ Affordable  ¥ Innovative Promotion- Marketing is key to kick starting your new business on campus but it has to be done the correct way. Students don't respond to flyers or give aways on campus as well as they do when they see their friends use it. The system I've found to work is bringing the most influential people on campus on your team and have them help you spread the word to their friend groups. This way is will start to have a snowball effect and become successful.  Networking- To start a company, in any field, you have to get your foot in the door or have some sort of connection. Networking is key because it allows you to make and pursue those connections to connect the dots of your idea. For instance, in MeanTime I need to know a app programm...

25A- Whats Next? Existing Market: After interviewing with three kids in my fraternity and friends from around campus I have came to two ideas that will aid my existing market idea. I have to expand MeanTime's service to every popular bar on campus so students can fully be aware of their choices on a night to night basis. One aspect to to MeanTime that we pride ourself on is it lets to compare activity from one bar to another and without allowing students to have access to ever bar live video how can the make the best decision for themselves? Nation wide expansion is another idea that came out of my interviews. MeanTime will become very successful and I will one day need to tap into some un touched markets. This will push me to expand to college campus' nation wide. I know that if this idea is successful at one big university it should be successful at most universities with the correct procedure. New Market: My new market would be similar to the first but expanding to...

24A-Venture Concept No.1     “MeanTime” is a web based app that allows college students (over age of 21) to check the lines and capacity of their favorite bars on campus through a live stream update system. Through this system, students can see what the line is like at their favorite bars on campus and make their plan for that night with their friends. Just like surfer use online webcams to check the waves without going all the way to the beach, students can check the live feeds through the app to maximize their time rather than going all the way to the bar and wait in line for a majority of their night. Opportunity: The reason I created “MeanTime” is because it started as my un met need. I found myself way too many times getting to my favorite bar and having to wait for more than an hour to get in. As a college student, I am busy and have a lot of better things to do than sit in lines for hours. Through “MeanTime” students can maximize their time and arrive to their favor...

21A- Reading reflection  For my second reading reflection, I chose to read The Art of Social Media: Power Tips for Power Users, by Guy Kawasaki. This gives advice to how one can expand their social media and grow your brand as a whole. To give you a gist of the book it allows you to dive deep into owning a business and how to use social media to create new business without having to spend a crazy amount of money on expensive advertising. Social media is basically free advertising if used correctly and this book shows you how its done. I feel that this book connects with the course because its all about taking a business idea and turning it into reality. It shows how to be a good entrepreneur and use social media to reach new business all over the globe. If i were to create an exercise for this class I would have students create a separate twitter account on a topic the student enjoys and be a correspondent on the topic to express their hobbies and create...

20A- Growing social capital 1.  Blake Carter- Owner of Top Tier •   Domain Expert •   Ive worked with him for a little over a year now with Top Tier and Twenty  •   Our exchange is mainly business on bar promotions and night life.  •   He has numerous connections with web developers and night life owners to liaison for me. 2.  Kevin Share- Web Developer  •   Expert in my market •   Ive been really close with Kevin for many years and we have a really good relationship  •   We do favors for each other all the time and he's very willing to help me develop my idea as a whole.  •   He will allow the app to be developed smoothly and kept up to speed at all times.  3.  Jon Gold- Owner of JJ's Tavern •   Supplier •   I have a great relationship with Jon and I can contact him over the phone whenever I need.  •   Usually our exchanges are nor...