Friday, November 15, 2019

24 B

My venture was was created by the realizations of an opportunity that there was a lack of e-scooters in the Gainesville area which is a trend appearing in a majority of other large cities and college towns. I noticed this by visiting other college towns and noticing that they all had a bunch of e-scooters around them so I took this idea and realized that there is a market that is basically guaranteed and open.

The innovation aspect of my venture I realized is that I will source stronger and faster scooters than other companies and by starting off with a good relationship with the school which will lead to better deals with working with the school.

My venture concept is to source stronger and faster e-scooters than competitors for the Gainesville area. With a large customer base (50,000+ students) combined with a good relationship with the school my venture with not only be successful but better than the competition.

2 comments:

  1. Hi Ethan!

    I felt that your Venture Concept seemed very well-thought out and straight to the point, making it easy for me to rationalize and understand your thought process behind identifying your opportunity. I feel that working directly with schools to market to students can definitely lead to success through leveraging a connection that not many other competitors can have, and truly solving a problem the same way that this course encourages us to. I feel that going forward, you might be able to improve on your concept by detailing how customers might be interested within your product from a pricing perspective.

    Thanks for sharing!

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  2. Hi Ethan,

    I think you have some really big, awesome goals for you company. I think that you have a good foundation, with your relationships with local business owners, to be able to have a successful business. Overall, I think you venture concept was easy to understand and well-written. Good job!

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