Thursday, February 11, 2016

Idea Napkin No. 1

            Growing up in a very entrepreneurial family has definitely shaped much of my perspective in life and my aspirations for the future. Neither of my parents have ever held a paid job and they have never grown comfortable of whatever situation they have ended up in. It is that type of spirit that has been embedded in me growing up. I try to look opportunities in every situation where an unmet need appears or a chance to introduce something new and useful to our lives. One such opportunity I see after having been in college for four years, is the lowering book prices for students. They are often outrageously high and there is system in place that helps them share a resource that by nature is very easy to share. What I believe would the solution to this is a platform where everybody can list the books they have used and no longer need and in return get the books they need for up coming semester. Basically this will create an exchange market space for students, where the company that is organizing this exchange takes a small percentage of the transactions. I believe this platform would quickly become the name of the game because educational costs in United States are overall very high and students are always mindful to ways of cutting cost. I intend to bring together a group of individuals that are similarly passionate about what’s possible, and who have a diverse variety of skills to put in this project.


               I believe the time has come that come together as students and join forces against multi billion industries that use every possible strategy to drain more out of squeezing bank accounts. By sharing what can be easily shared, we not only decrease cost we make this market more efficient and create value by lowering the environmental footprint and creating more room for spending in other areas.

3 comments:

  1. Hi, I totally agree when you say that books are expensive. It really is an outrageous thing that is happening to the colleges and Universities across the nation. I would back your idea if I was an investor. Really any way to cut the cost of books down will be greatly appreciated by the general public. That goes without a doubt. Feel free to check out my page:

    http://phatblogz.blogspot.com


    Ben

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  2. I believe this is a great idea, Lirim. I know I am always asking around with my friends about if they have books for this specific class and what not. A student market place would fix this issue in a heartbeat and as you said, it would be a heck of a lot cheaper. It is amazing how much they’re charging for these textbooks.

    http://tmvuf.blogspot.com/2016/02/idea-napkin-no-1.html

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  3. Hi Lirim,
    I definitely any college student can agree with your idea and can find benefit in your opportunity. It is not the first time I have heard of this idea but it is questioning why the demand has not been satisfied. Overall, it would be amazing if the business idea would come about. Good job!

    Below is the link to my blog post, check it out.
    http://xyzelayax.blogspot.com/2016/02/idea-napkin-no-1.html

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