GPS

#T Inst 475  Coming up with new business ideas are really hard and one has to be be really innovative to do that. At first I was struggling to find the right ideas but after a deep thought I figured out 3 good ideas in my opinion. First off, I started thinking about my hobbies. I am a sports fan so I love playing and watching sports such as basketball/football. So my idea is that what if we can rent jerseys. I came up with the idea because there are many people who might find jerseys expensive so renting them at a cheaper price can help them support their favorite team during game days. There also would be a condition that they can only rent for at least 2 days. Don't worry the jersey's will be clean and washed every-time before they are rented. So I was thinking maybe we can make an app where people choose what jerseys they want to rent and we can get them delivered. Plus after two days the customer has to mail back the jersey or we will keeping charging them on their credit

#T Inst 475 After reading the guidebook I feel like chances of getting success as an entrepreneur is quite low because to be successful you need to face many obstacles. If one gets a really good idea eventually it will be hard to implement it because then you need to to think about what kind of team you want to help you grow your business and also you need to find investors that find your idea creative.  Creativity plays a big role for entrepreneurship because if ones idea is innovative and does something that our community is lacking then and only then it may work. First of all one has to think about a strong team that can handle well and work well together. So management is really important. Then I feel another obstacle is money because in order to succeed one needs some kind of push to grow the business and that push is called money. Money is important because in order to succeed you need to get all the equipments to start the work. So looking for investors won't be that easy

#T Inst 475 #Blog post 2       At first it does feel strange that you are discussing about your ideal plan to a group of people who you don't know, but at the same time it feels great when people start admiring your idea. When our professor made groups in class I was a bit nervous to discuss my business idea, but after other people started talking about their plans, I felt more comfortable discussing my idea because my group was giving positive feedback. After getting out of my nervous zone I started sharing my idea about renting jerseys and I thought to myself maybe they won't like or its not a great idea compared to what they had, but they liked my idea and thought its a great idea to help people who can't afford expensive jersey's. Also some of my peers thought it was a good idea because sport events don't happen daily they happen like once a week so just renting a jersey can work because sports fan will wear it for that specific day and just return it and wil