Opportunity: Sports is a growing entity in America and as
more and more individuals start playing sports and fans become more involved in
the game, people will need a place to et all the information possible. Parents
of high school children need a place where they can get the scores of their
children’s games. These same parents will also enjoy collegiate and
professional sports. The kids that are taking part in the sports will want to
have the ability to see how the sports teams they are playing against in the
following week did during the previous week.
All of these individuals want to have a single place to go to get all of
this information. What else do these people want, to have the ability to watch
all of the collegiate and professional games on the go. Sports have very
strange hours and at times people can’t be at home or at a sports bar watching.
Having all the games on a single app that you can tune in and watch at any time
will ease this for everyone. The window of this opportunity could technically
be year round because there are always sports occurring.
Innovation: Create an app that encompasses all of the
previous stated aspects. From including all high school sports scores, college
and professional sports scores and statistics of players along with a live feed
of the games.
Venture: I have created an app that allows individuals to
see the scores and statistics of collegiate and professional sports and remote
high school sports. There will be no live feed but there are the basic rules
and positions for the sports to help teach individuals about the games.
Secret Sauce: My secret sauce that it will make it difficult
for competitors to copy me is that before I launch I am going to have people
working in the remote high school areas in order for all scores to be up to
date and that way there is never a period where a specific area does not have
the high school scores for the area. This also shows that I do not believe a
specific area for sports is better than any other.
What’s Next: Obviously getting television rights to air the
collegiate and professional sports games will be nearly impossible, the next
thing I hope to make for the venture is writing books about how to play a
sport, the rules of the sports, and the positions. I think this will broaden my
consumer base to people that may want to get involved in sports but feels too
uncomfortable to ask people about sports.
What’s Next For Me: In the future I would hope that I would remain
the CEO of the venture but also work with sports marketing for a specific team.
Hey Leigha,
ReplyDeleteI like your venture, but I feel there are some important aspects that you left unaddressed. Most importantly, how do you plan to make money from this concept? Also, ESPN currently has an app that shows scores, expert analysis, match-up previews and standings and stats. Their app covers the professional and collegiate level, but fails to address high school. My guess is that their are too many high schools to cover. I noticed you mentioned "remote" high-schools so maybe you have already considered the vast amount that would be difficult to cover. How will you choose which high schools to highlight and which ones you will be leaving out? Overall, I do believe this is a great idea with some holes that need to be filled. I have included a link to my venture below and would love to hear your feedback as well.
Richard
http://richardjeffries.blogspot.com/2016/03/venture-concept-no-1.html
Hey Leigha, I think you have a great concept for this app, but I think there are some things you could add to it to really enhance it. i think adding the option for live streaming and charging a monthly fee would be a good idea. Also i think you should provide a way for members to bet on games and you would charge a commission fee for them to place bets so that you would make money that way as well.
ReplyDeleteCheck my concept out here
http://zackmuf.blogspot.com/2016/03/venture-concept-no-1.html
Hey Leigha,
ReplyDeleteI really like your idea. I played varsity soccer and baseball in high school and it's tough for the teams to keep track of your stats. It would be very beneficial for high school athletes and would help them be noticed by colleges. Here's a link to my blog.
http://sirwilson1776.blogspot.com/2016/03/venture-concept-no-1.html