I really feel like I learned a lot from our last group project. We did a lot of work and I focused on the financial part, which I might have gone a little overboard on, but one thing that I learned from both Matt and Mr. Boyer is that financials are what people care about. After presenting our idea about creating a website like e-harmony I realized that it actually had legitimate possibilities to be the next big thing, it is kind of innovative and it is just so simple I don't understand why it hasn't been done yet. Merging the highly successful internet dating technology with the profitable job placement searches would be kind of difficult, but no where near impossible, as a matter of fact I would consider it one of the more plausible ideas I heard this semester. Anyways, this project taught me a lot about the storming stage. Prior to this I don't think I ever actually experienced it, but it was constructive in this case. I know it isn't supposed to be, but it honestly was. Picking apart each idea and showing why it doesn't work only strengthens your teams ideas.
Now about the personal projects, I am still not sure exactly what I am supposed to do. All I know is that it needs to be creative. I think what I am going to do is make a video and show some of the things that I have learned this year in ENGR, for instance how to effectively communicate to team members, how to crash and burn, how failure isn't bad, and how to try to create my own guidelines. The lack of structure of this course really killed me. I never knew what was expected, what was allowed, what counted, or anything. The ambiguity kind of bothered me, but I guess in a way it is preparation for being an entrepreneur since they don't have too many guidelines.
Sunday, April 25, 2010
Monday, April 5, 2010
New Ideas
So working on this project has really inspired me I would say more so than the other two projects. Building a profitable business is what I strive for being that I am a business major. The restraint of making it a profitable business within three years and the cloudiness of whether or not R&D is incorporated into those three years make it a little harder, but it is still a great project. My group is thinking about a way to make international business easier and less costly to conduct since there would be such a high demand for a product that would assist with this. Right now we are trying to find a way that would make communication for technical people who don't speak the same language easy and fast. Efficiency is everything in big business and I think that if we can make something that will advance this aspect of business we could defiantly make some real money.
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