Best Ideas 2020 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.

Travel And Share

Stage of Idea conceptual stage

Explain your idea in details:

Travel and share is an online travel agent startup which trying to accelerate development and improve the economy of the community in villages and underdeveloped areas through the tourism sector by integrating every tourism stakeholder, so that it can maximize the existing potential. These potentials will packaged and promoted in the form of tour packages using a barter system (knowledge, ideas, or skills with quality experience). This barter system will decide the total of tour packages that will obtain by members of Travel and Share (the total of discounts or free travel packages) and it is calculated based on certain criteria. Since the locations offered are villages and underdeveloped areas, this tour package is for potential tourists both domestic and foreign (Timor leste, Malaysia, Cina, Philippines, Singapore) aged eighteen to fifty years old. The villages and underdeveloped areas which are the objects of Travel and Share tour package offers will be categorized into three groups according to the results of the analysis of the research team that has been done. The results of this analysis will update every three months to evaluate the economic development charts of these locations because it is one of the points of product and business evaluation to improve user experience. This group is red (embryonic tourist attractions), yellow (developing tourist attractions) and green (advanced tourist attractions). Besides offering tour packages with a barter system as an innovation in payment methods, travel and share also develops a share feature to offer a higher quality experience for potential tourists by providing opportunities to do volunt tourism and charity activities in villages and underdeveloped areas, because this is to realize the goals of national development agenda, and SGDS especially point eight.

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Expected impact of your idea on sustainable development

Travel and Share provides smart solutions to accelerate development, and economic improvement of the community in villages and underdeveloped areas in Indonesia, because Travel and Share will facilitate and integrate tourism stakeholders with maximum and better, so that they can explore every potential that exists and help its development through the tourism sector, which is suitable with SGDS point eight that is decent work and economic growth, because the tourism sector is regard as an easy to implement, inexpensive sector and has multiplier effects. Therefore, to evaluate the impact of this products and businesses, we use a measurement of the impact of tourism on economic conditions proposed by Cohen. However, because the scope of products and businesses is only at the villages and underdeveloped areas level, from the eight impact measurement categories, we will only use six categories, including: impact on community income, impact on employment, impact on distribution of benefits, impacts on community ownership and control (economy), impacts on development in general. Before conduct an impact assessments we will analyze the demographic and sociocultural profile (village profile, level of education and age, level of welfare) of local communities, because the demographic character is crucial to the adapt of community change as a result of tourism development (Waseh and Rahmawati, 2015). Then we will analyze the economy of the local communities, what kind of village or underdeveloped areas development effort, and how the local community will prepared as tourism actors. After we get the results of the analysis, we will apply our products and business for a certain period then measure the impact using a simple matrix.

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Plans for implementation and sustainability

To implement this business idea, we will use a roadmap system that will implemented during the three-year planning and start with idea validation (analyzing vilages and underdeveloped areas then making a first prototype and testing it to the target market that is potential tourists both domestic and foreign (Timor Leste, Malaysia, China, Philippines, Singapore), product development (developing product features that have launched), market penetration (launching our products to target markets), advanced product development (Evaluation products and businesses and analyzing charts of developments in Travel and Share offer locations), and finally expand markets (expanding markets to Australia) To realize this roadmap we need first capital for validating ideas until first prototypes. This capital will obtained from private funds, fundraising by crownfunding, angel investors, prizes from entrepreneurial competitions, and bussiness incubator. In addition, we will also cooperate with tourism stakeholders such as local communities in villages and underdeveloped areas, business incubators, POKDARWIS, Local Government, Ministry of Tourism, Ministry of Maritime Affairs and Fisheries, Ministry of Villages, Development of Underdeveloped Areas, and Transmigration, Tourism Academics, HPI, PHRI, GenPI, Traveloka, Indofood, and Telkom. Our business model is selling tour packages in villages and underdeveloped areas by using barter system as an online payment method for potential tourists. We will combine two business models, including franchising (the benefits of this partnership will allocate for travel and accommodation funds for tourists who get free travel packages, or discounts) and subscription (this membership will be the main source of profit for the company). And the funds to help development of villages and underdeveloped areas, will obtain from tourism stakeholder contributions through the share feature offered by Travel and Share.

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Your profile

Khusnul Khotimah is a 20-year-old Indonesian citizen. She is a 5th semester student at the Faculty of Tourism, Udayana University, Bali, majoring in undergraduate tourism destinations. Her hobby in traveling has motivated khusnul to learning about the science of tourism in Bali, because Bali is one of the best tourist destinations in Indonesia. And seeing the potential of tourism in Indonesia is so large and has not been maximized, inspired khusnul to do business in the field of tourism by creating a platform that can help and integrate tourism stakeholders, especially tourists to do tourism activities cheaply even for free and the most important thing is to bring benefits to others (local community). The desire also gets stronger after khusnul success of being the second champion in the 2019 ecoweek national competition with the theme of creative tourism in destination development "millennial tourism towards 4.0 era". Although Khusnul is still a student, she is a person who never gives up before success. This is evidenced by the large number of part-time work done to finance her life in Bali and the competitions that were participated in at both the national and international levels and not all of them brought satisfactory results, but she survived and kept trying to give the best for herself and the people in around her. Therefore, Khusnul believes that she can realize and develop this business idea, because if she is not convinced and is afraid of failure, she will not take the first step by registering and participating in this competition. Even so, she still needs support, and guidance from people who are experts in his field to help realize this business idea because no matter how great she is, she will not achieve anything without others help.

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Comments

October 22, 2020 17:28

Good day friend

At this point, it will be helpful to take another look at the relationship between the terms entrepreneurship and business administration. While the latter describes the organizational and administrative aspects of business, I propose that we use the term entrepreneurship to highlight the creative, innovative components of establishing a new business.

Would really appreciate your vote

October 19, 2020 15:45

Hello!
As teen entrepreneurs, we know how hard it is to find opportunities to earn funds and grants. Struggling with this in the past few months, we researched about databases that can help identify funding opportunities, and we wanted to share them with you! We really hope it helps in funding your Travel and Share idea in the future :)

The Global Innovation Exchange posts competitions and grants for entrepreneurs worldwide, which you can narrow down by country, focus area, and keywords that fit your innovation. Gofundme Creative Fundraiser is also a great platform for earning funds; with users hailing from 19 countries, Gofundme gives you access to a large number of diverse potential funders.

We hope these resources help. If you have time, we would extremely appreciate it if you could 1 comment on our entry here: entrepreneurship-campus.org/ideas/28/18345/

Keep up the great work!

Sincerely,
0-Gap Mask Team :)

October 18, 2020 13:40

Hello! Your project is extremely innovative, but I would like to suggest some specific advice. Some of them require making choices. And often this choice is really baffling.

1. MVP versus Ideal Product
1.1. "When you launch a project, you can never tell in advance how the market will react to it. Your vision for your product is a hallucination. No need for fantasies. Start with MVP (Minimum Viable Product) and then use Lean Startup (a set of short iterations). This is the only way to create all successful companies. As a result, you yourself will be surprised to see the business you have created. "

1.2. "People don't know what they really need. A poll from the late 17th century showed that passengers desire faster horses. Only Ford, the genius of foresight, gave the world a puffing iron monster called a car."
"No user in the world saw an iPhone until the genius of Steve Jobs completely, from start to finish, formed and brought to the market the perfect product. A few months before the iPhone was released, Jobs ordered a complete overhaul of the product. He did this only because the smartphone that was almost gone into production did not suit the only user - Steve. Smartphones existed before the iPhone, and they all failed. The reason for the failures is simple - the electronics weren't good enough. Do you know what these were the firms and models? It is true that no one remembers these names. "
"Clients simply are not able to desire something completely new - they only know the familiar things."
"For a fund like Sequoia Capital to invest in you, you must have a Strong Vision. Your idea should be bold, strong, initially worked out, breaking the established stereotypes. Therefore, initially she will be hostile and resisted. Forget about any user, even a Stanford professor, giving you product advice. People will call your service gibberish. This is normal for a disruptive startup. The new scares people. But you mustn't give up. "
In general, don't listen to customers. Believe in yourself. You must know what to do.
Such is the advice from respected investors, backed up by facts. Very reasonable. Old Steve can't be wrong.

3. Singles versus team
3.1. Alone, you are doomed. The Y combinator (Harvard among accelerators) simply does not accept startups with fewer than two team members. And for good reason. First, if you are alone in a team, then you cannot convince even your friend to believe in your product. Needless to say about the whole market. Second, the to-do list for a successful launch is too long for one person. There will be neither time nor competence. You will have to program, draw designs and sketches, prepare pitches, presentations, engage in networking, accounting, open a company, and understand contracts. Isn't the list too long even for Alexander the Great?
Plus, Bill Gates had Paul Allen. Larry Page has Sergey Brin. Jobs has Wozniak. That says it all. Need more arguments? But:
3.2. Nginx is a complex piece of software written by one person. Dropbox, whose capitalization exceeded 10 billion, Drew Houston launched alone, and then frantically searched for a co-founder. And finally, Nikola Tesla - this name alone says a lot.

You should feel that you can turn the world around even alone. Otherwise, you won't succeed with the whole team.

4. To take or not to take money from investors?
4.1. You will be committing a crime against your project and against your team if you do not take the investors' money at the moment they are offered to you. Paul Graham. Startup guru. Master Yoda Y-combinator.
"Markets move in a sinusoidal manner. From time to time they are in a fever with the financial crisis. Force majeure happens. These are tough times. Even if you are doing well financially now, take the money. Then they will press you, but nobody will give you money. The project may show negative dynamics in the future. A financial cushion made of banknotes will help you survive difficult times and overcome the "Valley of Death". Otherwise, a crisis will break out, and you will die with your 100% of the company. "
As he looks into the water. Valuable advice. We must follow. But:
4.2. "Don't take investors' money. Fight for the project to the last ruble without surrendering to greedy financial tycoons. Develop on your own as long as a crumb of bread remains in the house. The percentage of your company that needs to be given back in return for investment is too valuable. Today you will give 35% for a million dollars, and tomorrow you will be begged to take 100 million dollars for 3.5%.
"You have to be an idiot to mindlessly throw away a share in a project for some candy wrappers that will still go down the drain."
And remember: "The temptation to give up will be especially strong shortly before victory." Indeed, even Buddha could not have put it better.

5. At what age to start?
5.1. "A million dollar business on the network can only be built by a person who does not yet know that this is an unattainable goal." A successful startup is always a step beyond the existing one, it is building a new world. Only young people have a fresh perspective on things. Only young people see problems that people over 25 simply do not have. Can you think of SnapChat at 40? Names like Zuckerberg, Page and Brin, Kalkanis are clearly signaling the market to invest in the young.
5.2. "An old horse will not spoil the furrow." Young people learn from their mistakes for a long time, and this process is costly for the company. Building a successful business requires wisdom that comes only with experience. Examples of Jack Walsh, Larry Ellison, who built a business at only 35, show the benefits of experienced people. Statistics show that people over 40 are 80% more successful than young people.
"When we invest in young people, our money goes to their education. The team fails, the business will collapse. Then they start a new company, using the experience gained. After several similar iterations, the older founders finally have a successful business. The wise investor will only invest at this moment. "

6. Do only what you know well. Versus. Discover the unknown: treasures are waiting for the horizon
6.1. "Launching a startup is like jumping off a cliff and trying to build an airplane in flight." Reid Hoffman (LinkedIn Creator, Billionaire, Investor). Throw yourself into battle, do the incomprehensible. In the modern world, competition is so intense that all known problems have already been resolved. If thousands of people know about the problem, then you do not have the advantage of a pioneer. The largest companies pay millions of analysts to report known issues. After that, the giants cast thousands of their employees to solve these problems. Everyone wants to make money. You cannot compete with Google. Therefore, tackle only those problems that analysts will never know about. How to do it? Only by engaging in a completely new direction in which no one has experience, including you. You will be the first to gain experience in the process.
6.2. Do only what you know well. Successful start-ups are obtained solely on the inside, on a deep knowledge of the industry. Long-term work in some areas gives a person an understanding of problems that others simply do not see. You need to quickly overcome the "Valley of Death" and make a profit. It is an unaffordable luxury to waste resources on experimentation. For every Columbus, there are thousands of seafarers still feeding fish at the bottom of coral reefs.

7. Know your monetization or just attract users
7.1. Before starting the project, decide on how the service will make money. Do you have a ton of users, cool retention (return) and insane growth that Facebook never dreamed of? Wait to rejoice, history remembers a ton of these failed companies. As a rule, they sell a ruble for 10 kopecks. For example, free services for uploading pictures and inserting to forums, services for free uploading files - such projects are rapidly gaining popularity, but, like two-hundred-kilogram boars, they constantly consume the capacity of server disks and the bandwidth of your communication channels. Soon, losses start to amount to hundreds of thousands of dollars. And so it will be until you run out of money. After all, closing such a traffic project for a startup is worse than stepping on your throat.
More examples - YouTube's appetite was reaching a million dollars a day before it started bringing in the first cent. It's good that it was acquired by Google, which had that kind of money. A lot of YouTube's competitors just went broke. Or recall Groupon, which sold other people's services at half price - soon restaurants, whose revenue fell sharply, refused to serve customers at half price.
7.2. The main commandment of Silicon Valley investors is that a project should focus on only one thing at a time. Growth or monetization. The combination is equal to death. Making a profit from a project that has no users is problematic. So forget about monetization and only think about user growth and retention. We will give you the money. Look who has taken over the Internet now - giants like Pinterest, which has reached billions in capitalizations without even thinking about making money. You know, when you're big, they just buy you for that. As was the case with the hopelessly unprofitable Tumbrl (Yahoo bought it for a billion). In our world, it is important to be a big hippo. Nothing else matters. Instagram, SnapChat, WatsApp, Viber and others like them. There is a tendency that is criminal to ignore. The rest of the world just doesn't understand anything about the internet. Just create a project that users will love, and the money will come to you.

8. Is a technical director needed right from the start?
8.1. From the very first day you found a startup, you need a good CTO. Better if it is a genius with Asperger's syndrome. A quiet type, avoiding people and spending the whole day at the computer simply because he has nothing else to do. Such a person can hack the Pentagon network in three days, asking for only two burgers and a two-liter bottle of Coca-Cola.
If you start without those. director, then your project will fail. You just waste a lot of time, initial motivation (fuse is very important), but you can never do cool tech stuff, and your service will go down at the first load. You will have to rewrite all the code, and this is at the moment when the money has already run out, and competitors saw your takeoff and copied your service in two and a half days.
Freelancers will begin to blackmail you, realizing how much you need a new function, and will take the project hostage. One crafty freelancer can suck a hapless startup's wallet dry. As a result, the latter will go around the world with a cart, taken away from the nearest supermarket.
Quality paid development is a utopia. For example, Indians (inexpensive literate freelancers) confuse a footer with a header. Think for yourself, your English is a foreign language and theirs too. Broken phone in a square. Belarusian developers will take money and disappear, realizing the opacity of legal boundaries.
After all, there are many more gifted technical directors than there are good entrepreneurs with ideas. I will tell you exactly. Just look at GitHub - how many talents there are who mold beautiful dummies, and do not find use for their technical genius. They need an entrepreneur with an idea, they themselves are looking for such.
8.2. Why do you need a CTO? You can always hire a freelance student or start a WordPress startup like Groupon did. Jumla to help you. Are you not talking seriously? Are you a serious entrepreneur yourself? Most of the hypotheses are tested with DruPal.
Pinterest was made by non-tech guys. Yes, they changed several development teams, but they knew what they were doing and in the end they won. As the project grows, those. You will need a director, but first you need to do more realistic things. You can't find a good programmer during the day with fire. Skilled guys work for large companies. Headhunters from IT giants are setting up surveillance and round-the-clock surveillance of the homes of specialist coders. As soon as programmers step outside their home, they are immediately seduced by multi-million dollar contracts. Recruiters shake puffy checkbooks in front of them and even show them pictures of yachts that will become the property of programmers after just three years at Google. So don't even dream. Look, the Silicon Valley forums are filled with sobs from founders who can't code. It gets to the point where founders with a design or economics background start learning Ruby or Python themselves. There is nothing to do. The best way out is the friendly guys from India. Take it inexpensively.
Such is the advice. Sounds reasonable. Looks logical, especially if you remember 8.1.

9. Work with or without rest
9.1. Work hard around the clock, otherwise you will achieve a result called "nothing." Bloomberg, who became a billionaire and mayor of New York, early in his career at a brokerage firm worked even during lunchtime, when everyone else went out to eat hot dogs and drink coffee. How many of his colleagues do you think became millionaires? That's right, only he is alone.
In the Y-combinator, it is recommended to close at home and not go outside in the first couple of months of work on the project. Don't go out at all. Order food at home and invite housekeepers. Of course, do it over the Internet.
Do you have a family or a girlfriend? The startup is prohibited from knowing these terms.
9.2. Strike a balance. Mandatory time for rest, family and friends is necessary - this will allow you to collect your thoughts and simply increase your work efficiency.
Do you know the story about the driven horse? Or about sharpening an ax. Two foresters argued who would cut down 10 larches faster. One rolled up his sleeves, and only the chips flew. And the second will chop, chop, and then sharpen the ax. So the second one won. It says a lot.
Not only will you be left without money in case of failure, you will also lose all your friends and family. Think about it. The moral support provided by the family cannot be overemphasized.

I have voted and made a comment on your idea or project; so please should you come online soon, do consider supporting my idea BioFSM with your votes and comments https://www.entrepreneurship-campus.org/ideas/28/19080/
Thank you for supporting my idea with your votes and comments
Best regards
Dilnaza

October 18, 2020 13:31

Greetings from Kazakhstan! I have found some interesting materials, and I would like to share them with you

1) Undoubtedly, funds will be needed for you (as you already said) to complete this wonderful idea on a full scale. I would like to advise international funds such as The Common Fund for Commodities (CFC), Call for Proposals: Actions to Boost the Development of Finance Markets for Social Enterprises GroFin: Small and Growing Business Fund. You can also take part in contests such as School Enterprise Challenge: Join the movement to build Business Skills!
2) I would recommend you to read a number of books that will contribute significantly to your knowledge about business. They are "The 7 Habits of Highly Effective People: Restoring the Character Ethic" by Stephen R. Covey, "How to Make Big Money in Your Own Small Business: Unexpected Rules Every Small Business Owner Needs to Know" by Jeffrey J. Fox, and "Think and Grow Rich" by Napoleon Hill

I have voted and made a comment on your idea or project; so please should you come online soon, do consider supporting my idea BioFSM with your votes and comments https://www.entrepreneurship-campus.org/ideas/28/19080/
Thank you for supporting my idea with your votes and comments
Best regards
Dilnaza

October 14, 2020 14:15

Dear campus [email protected], As we are gradually coming to the end of this competition, one important thing I want us to consider is that the organizers of this competition will appreciate if we forge ahead to execute and sustain our ideas with the necessary skills acquired from the trainings, others inputs and from campus articles; and that is whether we emerged as the eventual winners or not. In view of this and in addition to my other previous comments on your idea, I am sharing with you the 5 important Characteristics You Need to Sustain Your Startup as enlisted in the one of the campus articles.
While most entrepreneurs will say that passion is at the very core of sustaining every new business. And although it could not be agree more that passion, motivation and will are one of the most pivotal characteristics for keeping a business alive, beginner entrepreneurs should have additional 5 significant characteristics in order to get a startup company on its feet and sustain it.

Abundant Patience
In the early stages of your business, it is highly unlikely that everyone is going to know what you are doing and be very open and supportive of it. With a little bit of luck your business idea is going to reach fame in no time, however, most of the time, you have to become friends with time that is passing by. Patience is key to sustaining your startup. Take some time to stop and smell the roses. Just because your company is not evolving at the speed of lightening does not mean it is failing.
If you are trying to build a brand that is going to provide solutions to people everyday problems, and you are trying to implement this solution into their lives, you have to accept the fact that it will take some time. Your future fans and clients will probably take a while to embrace your new company, and in order to stand the test of time, you are going to need a lot of patience.

Precise Focus
While it is important to remain focused on your business goals and work on pushing your startup in the front rows of the industry, you should be focused primarily on customers. In other words, become customer obsessed. By all means, do not become so obsessed that you will go about changing your brand and doing whatever it takes to please every single person. Stick to your vision, but keep your followers and clients in mind at all times. How do they feel about your brand? How can your unique vision help their lives?

Persuasive Communication Skills
The truth is that communication can either make or break your business, in several different ways. You may have a supervision, an authentic idea, and a business model that is going to hold up no matter what, but if you are not a good communicator as an entrepreneur and do not know how to portray your company to others nobody is going to want to hear about your startup. You need to be able to practice communication and do it on the regular. Whether it is inside of your company, communicating with your employee or partner, or outside of the company, pitching your ideas to third parties, you are going to have to learn to use words to get into people minds.

Envisioning
Now, you might be thinking, who starts a company without having a vision? Most entrepreneurs have some kind of a vision, but we are talking about the kind that is going to push you through the hardest of times because you can see so far, there is no stopping until you get there. In order to sustain a startup, you need to have a vision, not just for the present or close future, but for the next 20 years. Once you reach your first set milestone, you should not just sit around and wait to see where the road will take you. Your vision should be your guide throughout the entire process, and once you reach each milestone you are going to find it all familiar because you have envisioned it from the very beginning.

Cautious Management
No matter what you start off with, pennies or millions, you should be very careful when it comes to your assets. Startups are a gamble to a certain degree, but great leaders know how to spend and when to invest their money. They do not waste a dime, and they know when they should invest millions when necessary. Get educated when it comes to finances and startups in order to avoid making bad financial decisions that will drive your business to the ground.
We consider these five characteristics predictors of future success. They might not always determine the outcome of your startup because there are various other factors to take into consideration, that might influence the sustainability of your business, and that might not always be in your control. But, these five traits are important to have in order to control the situations and aspects of your business that should not be left up to fate.

Dear friend, I hope you will derive some benefits from this. Also, please do create time and take the campus online trainings as the trainings are there to help campus members understand what it is to be an entrepreneur.

Finally, I have voted and commented on your idea; please consider supporting my idea with your votes and comments @https://www.entrepreneurship-campus.org/ideas/26/17094/

Best of luck in your implementation.

October 11, 2020 18:37

Dear friend,

It's indeed a long Competition but the journey we have ahead of us is more exciting. Sustainable development should always be our first priority. Let/s all come together, unite and make the world a better place for us and future generations. Your idea / project is just awesome. Being a social entrepreneur requires a lot of sacrifices and your passion and drive will make your business to succeed.
I am inviting you to support me with comments and to also support other entries to get your bar moving before we reach the finish line. Read the Campus BLOG for more details! You can support my idea Building The Infrastructure For African Culture. at:
https://www.entrepreneurship-campus.org/ideas/26/18576

Wishing you all success in your entrepreneurial endeavours.
May your new business flourish, may you reap your rewards and may you reach your dreams.
Good luck with your new business!

Kind regards.

Umar Imam

CEO / Co-Founder
Afrik Designers brand.

October 10, 2020 21:52

As economists we know that the cause or centre of unequal income distribution and unequal wealth distribution is due to commercial activity. That is where the problem starts. Those who are entrepreneurs usually accumulate a lot of money and others do not. So if you can increase participation in entrepreneurship that would be the decisive point to change society and all the inequality.

Would really appreciate your vote, comment and support.

October 9, 2020 14:32

As we were working on our website and our mask packaging design, we discovered a few tools that we thought were worth sharing with you:)

Canva and Visme help users develop infographics and promotional materials with a professional feel. Providing pre-existing templates and generating color combination ideas, they helped us save time in designing our promotional materials. We also found platforms called Wix and Strikingly, which help people without developer experience build mobile optimized websites. Though we do have a team member experienced in CS web design, using this allowed all team members (even without CS experience) contribute their insight to the final website design.

If you have time, we would really appreciate it if you could comment on our project entry at entrepreneurship-campus.org/ideas/28/18345/

Keep up the great work!
Miru, Angela, and Sarah

October 9, 2020 03:32

Dear fellow entrepreneur,

As we are entering the last month of this competition, I want to share with you several things that I learned throughout this whole journey. I figured out that PURPOSE is the only thing that drives a business. When the purpose is gone, that's when growth stops. So I want to encourage all of us to go back to the basics. Ask ourselves, what drives us to start this innovation? What is our deepest desire? And why we want to do it?

I hope that this piece of advice can help you as well in your journey, and wishing the best of luck for you.

PS: We are still looking for some comment and feedback for our project. Perhaps, you could drop by and share your thoughts? As we only have limited voting time a day, We'll make sure we vote one more time for your project if you drop a comment :)

Here is the link to our project
https://www.entrepreneurship-campus.org/ideas/26/17993/

Best regards,
New Revolution

October 8, 2020 22:44

Hello dear Campus member, Greetings from Nigeria.
Happy to meet you through this competition!!! and I have learnt many things by going through your idea.
The efforts you have taken to bring up this idea is stupendous and inspiring many budding entrepreneurs like me. We are competitors just for the sake of this competition, but on a broader picture we all are the future reformers and businessmen/ businesswomen. We shall be proud of ourselves as we are not selfish to think only about money earning, instead we integrate the talent with a Sustainable development goals and
that is really commendable and a rarity in this generation.
As a way of supporting your business idea / project I will like to give you (2) advice! The first one is!
One of the most painful and common mistakes I see many first time entrepreneurs make which I will like you to avoid is that; they fall in love with their own business idea.
They/ll spend months building what they believe to be the next innovative,disruptive, game - changing start-up. Then they launch... and nobody buys, nobody cares, nothing happens.
My dear fellow campus member, do not make the above mistake.
Don/t fall in love with your business idea. Instead, fall in love with the problem you/re trying to solve for your clients, and validate your business idea early on that it is problem worth solving.
And secondly there/s also another incredibly painful mistake I see new entrepreneurs make. It/s painful because it keeps them from success. They feel like they/re working hard, but not making any Progress. The mistake? Trying to do too many Things at once.
If there are 9 Rabbits on the ground, if you want to catch one, just focus on one.
"Focus on just one project and strategy at a time, you/re more likely to succeed".
Wishing you all the best in your entrepreneurial endeavours.
Stay healthy and happy....
For more information please do not hesitate to contact me via my email [email protected] and follow me on Twitter @oneyoungperson / Good luck with your work and wishing you all the success on your journey. Please try to keep in touch.

Thanks!

With kind regards,

Umar Imam

CEO / Founder
Afrik Designers brand

October 5, 2020 09:20

I hope you are doing well. I just want to tell you that every great dream begins with a dreamer. Always remember, you have within you the strength, the patience, and the passion to reach for the stars to change the world. Your idea is great and very practical. And I suggest to focus more on your business model and plan. Can you vote and add a comment on our idea to help us on developing it, too.

https://www.entrepreneurship-campus.org/ideas/26/18976/?

October 3, 2020 18:06

With the pandemic hindering in-person collaboration, we wanted to share some resources that personally helped our team in working together remotely. Notion is a task-productivity tool that helps you organize tasks as a team and prioritize them by their level of importance. We found this incredibly useful in coordinating tasks and scheduling meetings! We also found the online whiteboard collaboration platforms Miro and Awwapp helpful as well, since they help users brainstorm ideas in a highly visual and customizable manner. Hopefully, this helps!

If you have time, we would really appreciate it if you could comment on our project entry at entrepreneurship-campus.org/ideas/28/18345/

Keep up the great work!
Sarah, Miru, and Angela

October 2, 2020 12:28

Greetings from Nigeria once again.
I hope you are doing great?

Dear fellow campus member,

I find your project highly innovative and needed in such a time as this, and I thought to stop by and check on your progress thus far and must say congratulations for your efforts so far.

We all need to put in more efforts to achieve our dreams. So I just wanted to say that you keep up and be encouraged to do more.

Entrepreneurs make good use of opportunities to create new businesses and turn them into gains.
So they offer new and slightly different things. Such entrepreneurial spirit strongly contributes to the modernization of our economy.
Every year we see new products and technology.
All these products and technology aim to satisfy human needs in a suitable and beautiful way. Your idea Travel And Share is great. It takes just one idea/project to transform the world. As you keep working hard towards your dreams and to add your quota in the improvement of the world, I wish you the very best. Thank you very much for implementing this wonderful idea.

And let\s I forgot, I wanna use this medium to appreciate your immense contribution to the campus and to my idea in particular, I request your continuous support.

So finally before I go I would like to ask you.
How Do You Manage Risk
And Uncertainty In Business?

Suppose you about to launch a new product into the market and your initial survey indicated a 70 percent probability of achieving your desired market share. You conducted another survey and the results indicated only a 55 percent probability. Will you proceed with your initial market entry strategy? Call off the launch? Or Conduct the third survey?

I\m Inviting you to Contact me, on my page to learn strategies for managing risk and uncertainty in today/s business world. Will be expecting to hear from you soon.

Thank you!

With kind regards,

Umar Imam
CEO / Founder
Afrik Designers brand

October 2, 2020 12:26

Dear friend,
Greetings from Nigeria,
I'm very happy to be with you in this competition and I will say to you congratulations and welcome to the campus I wish you all success in this College.
In this fight for a sustainable future, what we need is innovation; something which is not necessarily new, but which makes us look at things from a different angle.
I believe this is one of the major motives of this community which we are a part of. Taking one step together hand in hand towards our goal is the only way we can achieve it. So I wish you the very best in this endeavour of yours and hope to see you together in the new tomorrow.
Today I wanna shear with you some tips on How To Future-Proof Your Business During A Recession.

No business is immune to the effects of recession, but you can take this steps to protect your business.

1/ INVEST IN TECHNOLOGY.
While this depends on the type of the business or product/s, incorporating technology will help you streamline will help your processes and make business more easier.

2/ CREATE A RUNNING LIST OF EXPANSION IDEAS.
The truth is you can/t predict the future, but the more ideas you have the better. Start Now! Create an list of ways your business could adjust to the needs your customers may have during a recession.

3/ CREATE AN ACTION PLAN.
Don/t wait until you notice business is slowing down before you take an action.
Create a go- to- market plan and of course, a financial plan.

For more information please do not hesitate to contact me via my email [email protected] and follow me on Twitter @oneyoungperson / Good luck with your work and wishing you all the success on your journey. Please try to keep in touch.

Thanks!

With kind regards,

Umar Imam

CEO / Founder
Afrik Designers brand

September 22, 2020 12:32

Hey Khusnul! I'm enjoying my time reading your project here. It is indeed very interesting and insightful. The new system that you propose for the tourism sector is actually very comprehensive. I would suggest you think and elaborate, what makes your idea stand out compare to the existing model. But overall, this idea is really inspiring!

By the way, I'm Indonesian too! Currently, I'm looking for some comments and feedback for my project. Perhaps, you could drop by and share your thoughts? As we only have limited voting time a day, I'll make sure I vote one more time for your project if you drop a comment :)

Here is the link to my project
https://www.entrepreneurship-campus.org/ideas/26/17993/

September 21, 2020 22:54

My dear Campus [email protected], your idea helping people to enjoy travelling is quite awesome. I congratulate you for bringing up such an idea.
To add to your solution, I am sharing with you how to create a winning business model.

What Is a Business Model, Really

Everyone agrees that executives must know how business models work if their organizations are to thrive, yet there continues to be little agreement on an operating definition. Management writer Joan Magretta defined a business model as the story that explains how an enterprise works, harking back to Peter Drucker, who described it as the answer to the questions: Who is your customer, what does the customer value, and how do you deliver value at an appropriate cost.

Other experts define a business model by specifying the main characteristics of a good one. For example, Harvard Business School Clay Christensen suggests that a business model should consist of four elements: a customer value proposition, a profit formula, key resources, and key processes. Such descriptions undoubtedly help executives evaluate business models, but they impose preconceptions about what they should look like and may constrain the development of radically different ones.

Studies suggest that one component of a business model must be the choices that executives make about how the organization should operate-choices such as compensation practices, procurement contracts, location of facilities, extent of vertical integration, sales and marketing initiatives, and so on. Managerial choices, of course, have consequences. For instance, pricing affects sales volume, which, in turn, shapes the company scale economies and bargaining power both consequences. These consequences influence the company logic of value creation and value capture, so they too must have a place in the definition. In its simplest conceptualization, therefore, a business model consists of a set of managerial choices and the consequences of those choices.

Companies make three types of choices when creating business models. Policy choices determine the actions an organization takes across all its operations such as using nonunion workers, locating plants in rural areas, or encouraging employees to fly coach class. Asset choices pertain to the tangible resources a company deploys -manufacturing facilities or satellite communication systems, for instance. And governance choices refer to how a company arranges decision-making rights over the other two should we own or lease machinery. Seemingly innocuous differences in the governance of policies and assets influence their effectiveness a great deal.

Three Characteristics of a Good Business Model

How can one tell if a business model will be effective. A good one will meet three criteria.

1. Is it aligned with company goals
The choices made while designing a business model should deliver consequences that enable an organization to achieve its goals.

2. Is it self-reinforcing
The choices that executives make while creating a business model should complement one another; there must be internal consistency.

3. Is it robust
A good business model should be able to sustain its effectiveness over time by fending off four threats, identified by Pankaj Ghemawat. They are imitation such as can competitors replicate your business model; holdup -can customers, suppliers, or other players capture the value you create by flexing their bargaining power; slack -organizational complacency; and substitution- can new products decrease the value customers perceive in your products or services. Although the period of effectiveness may be shorter nowadays than it once was, robustness is still a critical parameter for effective business model.

Dear campus members, describing our business models is one of the requirements in the Youth Citizen Entrepreneurship competition; Therefore, I honestly suggest that before you submit your idea or project, create time to read this article. If you have already submitted your idea or project, do remember that we still have opportunity to refine our ideas and resubmit.

I hope that you find this useful.

Also, please do create time and take the campus online trainings as the trainings are there to help campus members understand what it is to be an entrepreneur.

Finally, I have voted and commented on your idea; please consider supporting my idea with your votes and comments @https://www.entrepreneurship-campus.org/ideas/26/17094/

September 17, 2020 19:52

Dear @Travel and share, your idea intending to assist travellers as much as possible is an amazing idea. To add to your slution, I suggest you consider the following. Before you submit your idea or project, please write down your idea in a Word Document and ask yourself these questions:

What business model will I follow to implement this idea?
What methodology or strategy will I use during different processes of implementing this idea?
Which are the processes I have to go through until the finalization of the idea?
What means or tools do I need to implement my idea?
Which are my potential collaborators, investors?

If you have already submitted your idea or project, please understand that the campus still have a window for refining our ideas or projects before final submission.
Also remember to take the campus online training as these trainings are to help campus members navigate through the entrepreneurship journey.

Best of luck in your implementation
Please consider supporting my idea Preventing Pandemics with your votes and comments @ https://www.entrepreneurship-campus.org/ideas/26/17094/

Thank you for supporting me.