What I believe is next: I think the customers would like to have the option of at home tutors who monitor their progress in the comfort of their own home. Tutors who offer to participate will get paid extra.
Here are the interviews:
Reflection:
In the future, I plan to add security to my system, make sure that students are getting paid enough so that it is beneficial to them, and include a log where students can set goals they would like to accomplish. These responses are exactly the type of feedback needed in order to grow and make this company successful. I think that if this service were available to everyone, after some adjustments with how we would obtain the money, students would have no reason not to be a part of this amazing opportunity.
I truly believe that every student will benefit from this system and other businesses will receive more educated, time managed, and motivated workers. This system is a game changer and would affect the population on a large scale. I look forward to see what this business has in store for the future and what else we can accomplish.
New Market
I would try to sell my services to another business such as current tutoring businesses instead of just students.
I believe selling my service to another business will benefit both of parties and draw in more people. I also think that we would be able to build ideas off of each other and see what works and what doesn't in each company. For the most part, we would be able to exchange supplies for customers and referrals. We'd also give our students the option of working with some of these businesses.
Interviews:
Reflection:
I think that this networking will help spread the word about my business as well as the others and it's great to have these connections. We will all be able to feed off of each other's customers, thus creating more revenue for both businesses. I think my program would give these people some great workers that will be more driven than some of the workers they obtain who do not use our program.
Partnering with these businesses will ultimately help our students. They are our first priority so we want them to have the best opportunities possible. Our students will be set up for success by using our program as well as being involved with these other businesses. The businesses can also help by referring their customers to us. I believe that no one will disappointed whether they are a business owner or customer.
Hey Rachel,
ReplyDeleteGood job on the post, and interviews. You got some great feedback from my boy Anthony. As for your actual idea, it's interesting and if it could work, it be great. I just don't see how it could work. You're offering money for something to students for something most do already. What you've created is essentially exponentially increasing expenses with no real revenue generators. If you can figure that out, I'd definitely study at one of your facilities. I didn't do this assignment but here's a link to my blog http://jdlopezent.blogspot.com/ Keep up the good work.
Hey Rachel!
ReplyDeleteIt looks like you have a really good handle as to what your current market is, and I think you have a good idea as far as what your new market could be. The only issue I see is that most businesses already have their own "tutoring" programs, or else they wouldn't be successful. I think you should trying going for a market of older individuals that are too embarrassed to go to school or younger students who also need a tutor. I think you should rethink where your service will be going in the future.
Good Luck!
Here's the link to my own post: http://ckm-ent3003.blogspot.com/2016/04/week-12-whats-next.html
Hey Rachel,
ReplyDeleteI really like this concept and think with refining, it could be a legitamte business. I also would suggest that you get the parents of students involved. If parents could pay these centers to basically hold their money from their kids until they come and study, than this would incentivize students to come and study to basically get their allowance that they would get otherwise, in a more productive way. This money from parents would also add money rather than just focusing on grants and such. I believe that many parents would use this system as a way to give their kids the money they need, yet in a more productive way. Great concept.
Check out mine: http://sawyerlambert.blogspot.com/2016/04/whats-next.html
Dang,
DeleteYou really have some potential man. After reading through these comments, yours was just the icing on the cake. Have you gotten an IQ test.. Einstein? Anyways, great work kid. I don't think I could've said it any better myself. I'm sure Rachel is going to be so stoked to have received such a thorough, extensive, and quality comment. I think this is a great concept and Sawyer hit the nail on the head with his analysis of the business model. Keep it up we we might have the next cuban in our class!! Rachel if you want to check out my post you can here: http://apentrepreneur.blogspot.com/2016/04/whats-next.html . Yours is way better.
Alex
Hi,
ReplyDeleteFirst off, my favorite interview was Anthony's as he is an acquaintance of mine. Home tutoring is something I am very familiar with as I had the same one since 3rd grade until I graduated high school. Seems like a very good idea to get people to tutor others in their homes, yet could you elaborate when you say add more security measures?Working with other firms can have some advantages just don't chase after the same group of clients as them or directly compete or else they will not want to work with you.