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.

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