Thursday, January 23, 2014

3 business ideas

Online car shipping.
 My idea is to create a car shipping  website that will offer no brainier, fair car shipping rates with a broker service. Currently there are two types of service in the competition, one is a straight up broker who the customer contacts straight on, gets an estimate for shipping with additional broker fee and then the broker does all the scheduling and contact with the transport companies. That service is very expensive and unfair in pricing, as the brokers give very high estimates, pay drivers dirt cheap and keep the difference along with brokerage fees. The second type is online brokerage where companies either allow you to bid your price or they have shipping companies to post their prices, both of which are not price or time effective, because cheaper or more reasonable bids are ignored.
 So my model is to calculate fair prices to both the shipper companies and the customers based on distance mileage and a pre calculated brokerage fee. So service price will be fair not cheap.

Online language tutors
Online chatting with students of all ages, for a preset price for packaging and finance options. Benefits include having international teachers, or native speakers and available for younger people to teach and make extra after taking qualification test.

Online store of sustainably made merchandise.
 Idea of uniting non profits and other organizations that help women of developing countries sell their  handmade work, like haitibabi and many more. On their own, the websites get limited traffic but uniting them would help raise traffic to all of the causes. As some websites get more traffic and others don't, this will help provide all the possible merchandise to consumers.

Saturday, January 11, 2014

What I want from this class...

When I was looking through the classes that were available for my minor, this one stood out to me like a sore thumb. The reason for that is, when my family came to America and worked odd jobs, they decided to start their own trucking company. So basically I was raised and fed off a entrepreneurship venture that my parents took. So what I want is to get some knowledge on other people's entrepreneurial ventures. I am also curious to learn tools and services that would help a starter. Also I wanted to know a "formal" way to start a business. And also a live example business plan, as I know what it is and made mock ones but making a business plan for my idea and getting feedback would be very helpful. Most importantly I would like to know some insider tips of people who started, had or have a business. As this is a institute of technology class I want to learn some technology that is related to my idea for a new business. Maybe as I go on with the quarter than I will find out something else that I am interested in.