BUS103 Interviews
Zachy:
Zachy found the idea of being a CEO interesting, and so she decided to get into business, and since has found that she enjoys marketing and advertisement. We talked for awhile about the college and the internet as we had been talking about it in relation to business in our other business class, and I got on the topic of what parts of business I enjoyed, specifically, finance. I used to play a good number of online games, and I found that almost all of them had some form of online economy, and instead of playing the games traditionally, I ended up playing the financial investor in online game markets, investing in items and services that I thought would increase in value given the news about future updates that continually flowed from the game development team. She too had played many of these games, and we talked about some of the newer ones for awhile while getting a little off track.
Without too many specifics, I found that her interests lie in the selling and promotion of products rather than their creation, which fits well with my idea later down the page. Hopefully a more specific idea is able to be fleshed out in future, but with our time together we did not get to specific business ideas.
Qin:
Qin and I started out by talking about some of the things that we liked to do, and he mentioned sports, one of the pastimes that I have never really understood, and could not share the experience. However, I mentioned that I did a good amount of programming, scripting and website creation and he, as an electrical engineer, shared some of these hobbies. He preferred the more pure art of C programming while I am a fan of information technologies and Java, but we found that we had much in common related to computers.
We talked briefly about software development and the possible companies that could come of them, as software is a huge industry already, and it grows by leaps and bounds every year.
Sam (Shane):
Sam and I knew each other a little bit because of our meeting earlier in the year. We talked about the classes so far and how each of our professors had unique teaching styles, some being incredibly strict, while others were much more laid-back. Sam is a baseball player here at IIT, and he is a fan of many professional teams. That day there was a game in the stadium that stood in my vision over Sam's left shoulder, and with the end of the class coming sooner than we thought and Sam having to leave for the game, we didn't end up talking about business ideas.
My idea:
With the growth of the internet and my personal interest with computers and business, I think that a great service to set up would be one in which our company creates custom websites for businesses who need a professional, online outlet. Competition in all sectors of the economy is fierce, and it is assumed that businesses must have a website at this point in the internet's lifetime. Many smaller companies cannot afford to hire full-time website development and maintenance staff, so the ability to hire a group to create and upkeep such a service would be invaluable to many small businesses.
Value proposition: [Name TBD] crafts and maintains customs websites to offer small businesses the professional online presence that they deserve.
Pitching resources:
While my idea was not used for out group project this semester, I still think that many small businesses could use expertly-crafted webpages to increase their market capitalization.
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