College students and local Gainesville citizens are involved with the hardship of acquiring transportation to and from home from city to city each semester. This is due a numerous amounts of reasons including financial hardship and not being able to obtain a vehicle, guardians not allowing you bring a car to school, or you just don't have the resources that other students may have to get you to where you need to go. This is a major opportunity and has potential through the roof. The market and customers of this issue are Gainesville citizens and students throughout the state of Florida. This issue is supposed be solved by the creation of a service application that allows you to talk with the other people in the area that are traveling in the same areas that you are. This issue occurs in many different locations within the state of Florida so I am hoping to turn the issue around and solve this complex conflict. The current solutions of this are utilizing social media to communicate with other people in your local area to travel but that has never been a working solution for this problem. This is a big opportunity with potential through the roof, all it needs is the right guidance and support cast to make sure this communication application works. The window of opportunity is very evident and something that has been waiting to be solved. I think overtime soon this application can be a realistic solution.
Innovation:
My service that I am establishing is a downloadable application that is used as a communication forum for locals around the state of Florida to coordinate rides to and from home and schools, etc. This has been something that i have wanted to plan for months now as I used to be someone who was a main target for this application. This application is simplify and resolve the issue of students having to take long bus rides back home and or riding with complete strangers. My application is supposed to make those issues go away and to come up with a fixed solution. My application allows you to see full reports on the people you are riding with including different features that benefits both you and the driver. Overall, this creative innovation is something that would be very beneficial for managing these rides in any city.
Venture Concept:
My innovation will directly solve this opportunity and unmet need because it serves as a benchmark and a sense of simplicity as this travel application allows students to communicate with other students to coordinate rides home amongst each other. This service solves many financially discrepancies that many students still encounter with today so I believe that this idea will help solve that and I truly believe that there are many features and incentives that this will be a hit on college campuses in the state of Florida and hopefully across the United States. This concept started as an idea as I was a freshman at UF with no car and nobody to ride with, this idea helps a financial burden as it is too expensive and not simple for kids to get rides home from school anymore. Students will adapt to this service and use it as their number one go to when they are in need of a ride whether that be for a break such as winter or spring or just they need to go home for an emergency and they luckily caught a student going home at the same time as them. Overall, this has potential and room to grow, this service will be of usage in the future to many students.
The feedback that I received from my peers was that this was a realistic business venture and something that had a lot of potential. They think I have the tools to succeed and just need the right people to surround my business around to make sure that everything runs smoothly. Ultimately I have taken these notes and realize from all these past assignments and feedback from them that not everything is perfect in the beginning and that people may need a few attempts before being successful. The feedback was crucial and something that I plan on utilizing in the future. I changed my business venture concept by taking the feedback and really taking it to heart so that I was able to take the notes, plan for the future and then implement them in the future with the correct protocols. I will be bringing in new partners and people who are very qualified in many different segments that I am able to fully accomplish my goal of reaching a top utilized in the application. I hope to spread this app across the United States to make this the biggest application I can.
Alex,
ReplyDeleteI read your second iteration of the venture concept that incorporates suggestions from the feedback you received. The challenge with iterations on a document is that sometimes it is hard to grasp what changed and why. I see you abridged the document significantly and/or left parts out from the original concept. You mention you incorporated the feedback, but not how you did it. I can imagine you wanted a more concise version, which is perfectly fine, but I cannot tell why you decided to leave, take out, or edit the different parts. My recommendation to make this document easier to understand is to explain the changes you made in more detail so your readers can see the rationale behind the edits. Nevertheless, good post!
Hi Alex!
ReplyDeleteAfter reading your second venture concept, it definitely seems as thought you took the feedback from your peers and really enhanced your overall business venture. From what your described above, I think your innovation is one that your specified audience would very much so benefit from due to the sheer benefits you created and its overall organization. I for one would for sure download and make use of your application. Nice work!
Alex,
ReplyDeleteYour original venture concept was solid and had a great foundation. Now, with the feedback you received, you were able to develop your idea further and exploit further opportunities within your business. Feedback is one of the best ways to learn, and you've demonstrated that you know how to use it constructively to your advantage to expand your ideas. It's been cool to see your opportunity evolve throughout this course.
Alex,
ReplyDeleteI thought you did a good job of adding the feedback you received in the first venture concept in to your second venture concept. I agree with the feedback, in order for this to work the people involved have to be people you can trust. You incorporated this information which allowed your second venture concept to be even better than the first.