Friday, August 2, 2019

29A- Venture Concept No. 2


Opportunity

High school athletes see their dreams of playing college sports come to an end every day because they get offered 0 scholarships to play in college. An underlying reason for this is that these athletes aren’t getting enough exposure to even get a chance at a scholarship to play at the next level. When it comes to athletes not getting scholarships, it can be for a variety of reasons such as they’re simply not good enough to play at the next level and sometimes its injuries. However, I’m going to focus on the not getting enough exposure as the main reason why. To combat athletes not getting enough exposure, I planned to create a website in which it allows them to upload they’re high school highlights. First off, they would obviously need their parents or friends to film them during games and practices. However, once this is done, all they would need to do is upload the videos to their respective account. This platform would allow individuals share their accomplishments with the sports world. By having a website that exposes college scouts to these high school athletes, it gives them a better shot at being noticed and ultimately a better shot at receiving a scholarship. In defining who has this need, it’s obviously high school athletes. In defining the nature of the need, its in place to help high school athletes get more recognition. I think this opportunity could be a huge game changer in that in could help so many people out.



Innovation.

So basically, with the website, athletes create a profile and add all their details they want. (Sports they’ve played, position, dreams and aspirations etc.) However, it is 10 dollars a month for an anyone to have a page of their own. I think this fee is more than do-able and if these athletes end up getting significant recognition from the website, I find it to be such a good deal. Furthermore, once athletes make their respective profiles, they can then start uploading all their highlights and game tapes. From simple drills, to full game tape, to a neatly put together highlight real, anyone will be able to show off their skills. Once everything is uploaded, athletes can give scouts a link to their profile and hopefully good will come from it. Additionally, by giving the website link to their head couch, their head coach can then email your profile to all their different connects they have. In turn, this will be very beneficial to the athletes as they will be getting a lot of exposure.



Venture Concept.


As previously stated, my innovation will do the best job possible at trying to solve the problem of high school athletes not getting enough recognition. Customers will buy my innovation as it will give them a great opportunity to gain recognition in hopes of landing a scholarship at the collegiate level. If a high school athlete is already getting recognition from colleges with offers, they won’t need my website. However, the low-key athlete whose very goof but hasn’t gotten much recognition will find comfort in my service. I think they’d use my website in a heartbeat. The only competitor I know of would be the website Hudl. They offer similar benefits to my innovation. My overall business concept is pretty straight forward and simple as everything runs online. I think once a few athletes start getting some recognition from using the website, the customer support will skyrocket as they’ll see the website has many benefits. I hope all customers have a great experience. If they don’t like the website after using it, they can cancel their subscription any time they want. In total, I’d have a few employees in order to keep track of all the new users registered and what not. The other employees would be making sure that the customers are paying with a valid credit card. In total, I’m very excited about my venture concept and I think it could very successful.

Secret Sauce

I think my ventures secret sauce is that it’s the best bang for your buck. If an athlete is struggling to get recognition, and they see my website, for only 10 dollars a month they’ll basically be investing in their own future by giving themselves a great shot at getting some much needed recognition. You cant beat that and they can cancel whenever they want. It’s simply too good of an investment to pass up.



 what’s next for the venture-

My main goal with the venture is too successfully get these athletes the recognition they deserve. I hope at least 35% of my users get offered a scholarship or some sorts to play at the collegiate level.



Next for me-

I plan to have the company for a very long time. I hope I can help many athletes over the years. After 10 years or so, if I receive a lucrative offer, I will probably take it.





2) I didn’t submit any initial venture concept, so I didn’t have any feedback to go off of.



3) This is my first venture concept officially submitted.




No comments:

Post a Comment