Venture Concept No. 2

This is my second attempt at the venture concept for this idea. Once again, the opportunity for this concept pertains to those who need this project, and why they need it. Right now, the schedules for all four major North American sports are set up in a way that does not benefit the players. My problem with this is that there can be a change, an easy one at that. The reason these sports will need this program for their schedules is to tend to the players’ needs. There is no reason that it shouldn’t be set up more efficiently to help with player fatigue. I realize that there may be some kind program or development team working on this as we speak, but to have a program with the logic and algorithm set up for each year, will help tremendously.

The reason that this opportunity exists is, once again, because no one else has really thought about it, at least that I know of. I know, of course, that these leagues have been set up for years, and no one has specifically complained about inefficiency of the schedules, but why not change now for the better. It will only benefit everyone in the end. Demographically, the market hasn’t changed, and is defined just by the front offices of each of these sports, and in the future, the front offices of big companies. As for the geographic market would be defined wherever it is needed. Currently, these “customers” are satisfying their need by living without it, and having nothing specific to compare it to. If there was an implication of this program in their everyday lives, or just as an example of what it could do, I really think it would make a huge difference. I would say that this opportunity is a great one because of the fact that no one else has really thought about it. It is a great way to benefit everyone all around, and make things a lot easier for these sports, and big businesses alike. I believe that this opportunity window will be open so long as no one else really gives it much thought. If I came out with a finished product now, compared to a year from now, I don’t know if much would have changed barring any interruptions to this market.

Here is the more defined innovation. This program would be considered as a service that will address the need for a more efficient schedule for the four major North American sports. This “innovation” is not necessarily the most creative, or applicable one, but I really do think that it could make a big difference for a lot of people very quickly. As for a detailed description, is something that will start out as a scheduling application for the four major North American sports, including baseball, basketball, football, and hockey. As mentioned by one of my classmates, this would be somewhat of an impractical first step towards creating a business, as one of this biggest challenges is selling this to the league, without any real reason for them to spend money. I do not have a specific price point because I’m not quite sure how that would work out, but I assume it wouldn’t be cheap.

As a venture concept, the reason that this solves a problem is because ever since the creation of every single one of these four leagues, there hasn't been a system that can create the schedule for years and years in advance with taking into account the season rules for each sport, while also maximizing the efficiency of the travel schedules along with off-days for travel. I have seen too many times, a team go from the east coast to the west coast over night for an afternoon game the next day, and I think I can do something about this. I think that users would switch to this product because it would bring about change for the players, and give them a better schedule, taking into account travel and fatigue from an athlete’s perspective. Right now, there aren’t any competitors per say, but I do think that this is something that I should act on as soon as possible.

The three minor elements: My “unfair advantage” in this case would be my passion for sports, and perspective. I have been through tough scheduling myself, and I understand how hard it can be to recover, play hard, then do the same thing over again the next day, and sometimes that same day. What comes next for this venture is the opportunity to expand into local, or big businesses to help provide an easy solution for clients and employees. In five years, I would like to have an established product for the aforementioned “next step” for the venture.

Feedback: The feedback I received has been mostly positive, and the most helpful ones are those that outline a trial that comes fourth from their perspective, and challenge me to fix it, and/or take it into account for this second venture concept. As a summary, almost all of the feedback I received brought about the issue of getting this product to the league. This is a billion-dollar industry, so why would they stop what they are doing now just to buy a little program to do what they already do? Good question. Another insight I received was about the possibility of the inclusion of this program to collegiate sports, as student athlete schedules are full of travel, and missing class and tutoring sessions really hurts them on the student side of things, so the implementation of this program for this separate realm would be tremendous.

How did I change? I’ve changed the venture concept from the last time very minutely. There wasn’t an insane amount of feedback for me to work off of, so I used almost all of the same stuff from the last one. I did, however, change the opportunity side of things, taking into consideration the feedback I did receive.