Friday, March 26, 2010

Ideas

It is crazy how easy it is to improve something, the problem is coming up with something revolutionary. Anyone can think of making a phone with more memory, or a bigger T.V., but the person who first thought of a cell phone, or a t.v. really pulled it out of thin air. For our new project I am trying to think of something completely revolutionary. One topic that I am very interested in is providing food, water, shelter, and security to third world countries. For the security aspect, I think that policy is more important that procedure, but for the rest, invention is exactly what is needed. Projects in the U.S. would be considered great for living in other countries, so what is the cheapest way to build a secure home? Could we cost effectively send materials over and would it be profitable? What could we build the houses out of? What about water? These people don't have enough money to create a profitable business off their funds, but American's would donate enough money if you could provide a house or water for a family for $100. The thought process I am going through right now is scattered, but on track.

Friday, March 12, 2010

Invention to Venture

I went to a conference earlier this year about how to turn an invention to an actual business but I still find this to be the hardest part of entrepreneurship for me. Finding a fault and a solution may not be very difficult, but for a young person to get financial backing, marketing, and a contract for their creation are all hard. So, I decided now is the best time to learn how to do it. It is time for me to take my concepts to the next level and try to make them come to life.

This project has taught me a lot about starting a business. Different people are good at different things and like to do what they are good at. I had no idea how capable our engineering students are. I can just go into the engineering college and find someone that can make me a pair of self timed glasses, or any other type of product that I want. Knowing this I realized that Penn State is the best place to be an entrepreneur. There are so many ambitious, smart people and I have full access to the best students while they arn't making any money before Google scoops them up.

Monday, March 1, 2010

Saving space

Living in tiny apartments really makes you think about ways to save space. My roommate and I were talking about ways to convert the bed to make it more practical and save space. One idea we thought of was to have a bed that folds up and when it folds up the support would turn into a table, but that would be kind of gross being that the table would have been on the floor. You could instead make it so the table pops out. We should design a room like in where's Arnold where the couches just pop out of the walls. I think by looking into ways to conserve space it makes your living area much nicer and it would seem roomier.