Monday, October 31, 2011

Week8: Summary of idea

Summary of my entrepreneurial  idea

 Since I started on my entrepreneurship project, I think I developed my entrepreneurship project
product very well. It was just a creative idea that can be possibly realized. During eight week, I am imagining how it has been developed from first week.It would be awesome when my idea really happens. My entrepreneurship project was creating Multi-Media Magazine(MMM),which makes the copy of the page you read by using Hologram Technology.In another word, you can take off the magazine page you want ,creating the same image you took off, and then share it with other people by using Hologram Technology. This will facilitate the sharing information from people to people and preventing us from wasting papers. I thought this idea would affect on different magazine companies because it is very convenient for everyone to share and moving information from one place to another place. For being honest, I still do not know this idea is possible in the future even though I knew about Hologram Technology has been studied and grown up.

Even though this idea has been realized in the future, there is no chance customers want to buy Multi-Media Magazine. One of the biggest reason why this could not be done although it is possible idea is because there are different device (currently Ipad) can fulfill the purpose of the Multi-Media Magazine. In other word, it is unnecessary to buy MMM if there is another device with more functions than MMM.
 Another problem will be cost to develop this device and how it distributed to public. One of the important role of the MMM is facilitate the apps to show more details and informations about the advertisement and columns. To do so, it costs to launch the apps and manage the Application stores.
Consider if people would not buy MMM, it is going to be deficit operation to sell this product. Moreover, the systems is very initial that it will creates a lot of problem such as hackings and viruses or even systematic errors.

 In conclusion, my entrepreneurship idea seems very feasible in close future. The electronic device is to facilitate and helps people's lives. However, if it does not, it is waste of money to invest to create this product. I guess we have technology to make this happen in the current days.But the problem is that we can live our lives without this product or by using different device that currently on selling(or in close future)
If we apply this basic idea to create better object, that will be much more helpful to us.

Here is the list of name I commented on
Peter Costa  http://petec21.blogspot.com/2011/09/entreprenurial-idea-and-first-week-of.html?showComment=1320108845087#c9113653277988083139

Kyu Hyun Kim http://kyukim38.blogspot.com/2011/09/to-use-your-cellphone-world-widely.html?showComment=1320108431790#c3393090332706512647

Kenny Kim http://disasterisopportunity.blogspot.com/2011/09/week-1-post-1-lightbulb-turns-on.html?showComment=1320109144882#c6115261527696315308

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