So after watching this movie we got to see the perspective of two young entrepreneurs that were trying to reach success. We get to see their journey from when they started and how they started which was really fun to watch. This documentary was involved around two friends one named Kaleil Isaza Tuzman and Tom Herman. In the beginning these two fellows were trying to figure out the name of the company. They were arguing about what should they name the company. Kaleil thought maybe govWorks wont work but after giving another thought he said yes and said that govWorks will be a good choice. After that they tried to find investors. They purposed there plan to many investors where some investors were like go to the west coast because they do internet related stuff, but they didn't give up. They found the right investors and went along, but had to face many obstacles but thats how business works. As the documentary was going along, we as viewers saw how from 8 employees the company was increasing and was becoming bigger because at the end they had about 200 employees which is really hard to get. Their companies motive was to help people do government related stuff on the internet so thats why they made a site to make it easy for them. So this was a new idea which worked and helped Kaleil and Tom grow as businessman, but at the end everything went bad. The market crashed and the co founders separated and had a big argument between them. At the end, both of the founders got 0 money and it was a big lesson for them!
#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...
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