Thursday, February 11, 2016

Idea Napkin No. 1

I am someone who devotes 100% to every single thing I do. When I make the decision to commit to something I am not the type to halfway do it or back out of my commitments. This attribute is something that I easily apply to any business venture I pursue. I am someone who is also extremely organized which benefits me greatly. I am often times the one people ask to do tasks that need organization which is something I delight in. This idea I've had for a study company is something I think would be successful. If I chose to attempt making this concept a reality I would devote a lot of my time and energy to making sure this company would be successful. Although I think this is a great concept I don't know if I would be the right person to run the day to day operations because I don't necessarily have the passion for this specific product. There are so many other dreams and aspirations I want to follow, one of which would be pursuing opening my own music store and teaching lessons to all ages. I think a part of entrepreneurship that can sometimes be neglected is passion.

The specific product that I have been conceptualizing and thinking through is my company called Stud-ease. This company offers a variety of services that includes online tutors, videos and study tips for every subject imaginable all of which is personalized to your learning style. I have first hand experience with the struggle students face in finding a way to study for exams, especially in the leap from high school to college. Everyone retains information and learns differently and finding the most optimal way of studying should be evaluated on an individual basis.

This product is specifically aimed at students. There isn't really a specific age range since anyone who is classified as a student can benefit from the study tools my company provides. I noticed a big knowledge gap between my high school and college days but others struggle much sooner when they try to discover a study technique that serves them best. I would say my target group would probably range from middle schoolers through college students.

With the competition that students face today in trying to get into college getting good grades in high school and on pre college tests, ACT/SAT, have become so much more important. Not only is it important for those on their way to college but learning how to efficiently study can help a student throughout their collegiate career as well. Learning how to retain new information can be beneficial for all age groups from the first year college freshman to the student pursuing their doctorate. Although the class subject might change, the way that everyone learns is consistent.

One thing that I believe sets my company apart is the focus that I place on the individual student's learning style. Whether someone is visual, auditory, kinesthetic learner, or a little bit of each the free test evaluation will offer programs and tips that are adapted to how you best learn. For example diagrams and charts, no matter how organized, are not going to connect with someone who understands through listening to someone explain a concept to them. My program will help pinpoint how you learn best and adapt a study plan just for you.

I think that the concept I have created is realistic and something that I have not actually heard of before. I think creating tools and plans for each type of person may take time and research but is something that can be achieved. The only aspect of this company that creates pause is the market I would be attempting to enter. There are a lot of big name players in the studying and education space and if I didn't capture the market quickly they could create something similar to my concept.

5 comments:

  1. Great idea, Stud-ease sounds great, far too I find myself at a quandary trying to get help with my assignments. I like the fact that your product offering provided assistance to various academic levels and most importantly you will offer customizable study packages. I am also intrigued with you choice to facilitate potential clients like myself who may require a little more attention than others.

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  2. Hello Skylar,

    I think your entrepreneurial idea is very important because it has the potential to inspire students and keep them motivated to learn subjects in a way that is personalized towards their skills and knowledge. I am somebody who has trouble focusing and engaging with subjects when they are presented in a classroom-styled environment so I definitely see myself using something like this to make learning new subjects a little less intimidating. I do think you have some competition in this industry but that doesn't mean your idea can't be successful. As long as you differentiate yourself and come up with unique and innovative learning programs people will be drawn to you. Thanks for sharing and here is a link to my blog: http://rodnog95.blogspot.com/2016/02/idea-napkin-no-1.html

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  3. First thought: you might want to reconsider the name (or at least, how you present it). Maybe "studease" instead? As it is, the name conjurs... images you probably don't want associated with your business.

    The second thought is that it's a great idea, since people learn differently.

    How will you know what type of learner each person is? Especially if they don't know themselves... Will there be a quiz or discussion session with a tutor to determine that?

    You can read about my idea at
    http://ufent3003jt.blogspot.com/2016/02/idea-napkin-no-1.html

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  4. Like Jaye said, I think it would be interesting to see how you're going to go about uncovering peoples different learning styles. I do, however, think this is a great idea and could easily become profitable. My favorite aspect is that you would do customizable study packets. I know that I often use Study Edge and sometimes the information in the packet isn't relevant to myself but could be for someone else. Another possible problem I see is the fact that providing this kind of service would take up a lot of time. But overall, great idea!

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  5. Stud-ease does sound like a fantastic and useful service. I agree with other posters that it might be difficult to uncover each individuals learning technique. I do believe if you find an easy way to group students, you will be able to better cater to their specific needs. I like that you made this for students because it shows a sense of understanding and compassion. There are some obstacles to overcome but I do see your service being successful. Check out my blog here! http://ethan2you.blogspot.com/2016/02/idea-napkin-no-1.html

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