Posts

Startup.com

                               Startup.com  This documentary was shown at the very beginning of the quarter, this is the story of three friends who want to  start a business with an idea. This is the story of boom and burst govworks.com. This company was founded in 1998  by Kaleil Isaza Tuzman, Tom Herman, and Chieh Cheung. Kaleil and Tom had known each other since they were very young.        There were lots of problems in between three of them. They three struggled and spent a lot of time solving their problems. After some time they noticed that there were some of the documents missing and seemed like they were stolen from the company and later on they noticed that the third founder of the company  Chieh Cheung left the company.   Then , iit was just Kaleil and Tom and they kept working together for some time but then Tom was also forced out. Now, it was just kaliel that left from all of three. The purpose of this company was to let people pay the tickets to government

Elevator Pitch

                                   Elevator Pitch  This is the company that will focus on all STEM subjects with affordable prices. The market for tutoring seems to keep growing from the last few years. The number of enrollment of students is increasing, so the market and financial situation for the next five years looks good. In the elevator pitch is basically explaining about ourselves and our company Elevator pitch : My name  is Anmol Brar  and I am an undergraduate student of Computer Science. I did volunteering as a tutor for three years and since then I want to have my own tutoring company .  My company is tutoring services and our name is Embrace Dreams tutoring and we will be having our own website www.EmbarceDreams.com . We will be tutoring students of primary school, high school and undergraduates.  This company helps students in a variety of subjects. We help students in Math, Science, English, technology and  engineering. My company will be tutoring services and we

Dot.com to Dot.Bomb

                                                Dot.com to Dot.Bomb  It is the personal journey through the technology revolution of the 90’s to today. It was explained in lecture by using the animal  props and horse races made up of plastic dinosaurs. The discussion includes the companies that were leading in the beginnings. The one of the top companies  that mentioned in the short back story and world’s top companies with most users. Prodigy(owned by Sears and IBM) - 1.1 Million CompuServe (owned by H&R Block)-1 Million Genie (owned by General Electric)- 200,000 AOL - 150,000 Delphi -100,000 Prodigy was the top company with the highest followers at that time. In 95 - 97  Boom! In 1995, Netscape under the leadership of Jim Clarke and a student named Marc Andresson went public and immediately became one of the most valuable companies in the world. The period of 1995-1999 was considered as the Boom period, where many new companies were launched and w

How much you will charge ?

   How much you will charge ? Embrace dreams tutoring services will be affordable for every student. Average rates for private or individual tutoring is $30-$85/hour, and certified teachers charge more than that. But our company wants to provide reasonable prices for every student, so they can get best results.  We will be charging according to the number of students. Individual tutoring ($30/hour):  This will be for students who need lessons individually, where they are willing to ask more questions and will not hesitate from discussing their problems, and can ask their homework problems. They will be having a chance to set up a time that will work for both student and tutor. Two person tutoring  ( $18 each/hour) : This be two student classes where they can be friends that can take it together, as this is also cheaper from individual tutoring. They will be students who want to take the same classes and will be having two person sessions, and they can ask a

How to protect your intellectual property?

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How to protect your intellectual property? There are four ways to protect intellectual property: Copyright, Trademarks, trade secrets and Patents.  My company will be a service company which will be tutoring in various subjects and we will be uploading the videos and there'll be some quizzes and some sample papers from previous years. Copyright is one of the important factors to protect intellectual property, as my videos or the sounds used in the might have a chance of getting stolen, so copyright is must to keep  your material safe and original. As my company is about providing services, I think I don’t have any trade secrets for many companies, as this is normal in today’s world to start an online business, I will be proving the tutoring for different courses by creating my own website and anyone today can do that and start a business. The trademark is also one of the important to protect my company's logo, name and my slogan, for protectin

Stephanie McKenzie

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    Stephanie McKenzie February 18,2020 Stephanie McKenzie is the CEO of Metro Coffee at University of  Washington, Tacoma. Stephanie is one of the youngest entrepreneur guest speakers visited this quarter. She  started her career at a very young age, where she had confidence that she could handle a business and in case if she messed up, she could start again. She Started working at Metro coffee when she  was 21 years old. Her boss was a really nice person but he was going through some health issues, so he couldn't work much at the coffee shop. He was diagnosed with the illness, so he had to give up on the illness and he wanted her to buy the business. She learned everything about the store and at the age of 24, so she owned the business from his boss. Her mother helped her to own the business financially. Then, she shared how she chooses vendors  for their business. They do go to different retailers and sample their products and choose what will be best for their

John Dimmer

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                                J ohn Dimmer February 13,2020 John Dimmer is the co founder of Angel Network Tacoma  and also a VIBE mentor at University of Washington. He was the guest speaker in our class which shared a lot  about business plans and how to figure out which business is good for you. He started his lecture with the slide which covers the  financing life cycle and also explained how we start from the idea and following the steps of pre seed funding, Seed Funding, Start-up funding , Expansion/Mezzanine  and operating it. The major questions we ask before a person start a business are : How much money do I need?, when should I raise money? And where do I go to raise money?. He explained how we start from basic thinking and also shows the sources where we can go to figure out our problems. John also discussed some major things we know while entering the business is the critical fundraising  path, where we should be the major shares holder in our company s