It's Business Time...
The E Club is taking a risk this year and putting students to the test... by beginning an E Club business. The business starts with idea generation all the way to club sucess.
We have chosen two ideas!
1) Centralized Coat Check Fundraiser - Centralized coat check near the marshal square bars during
the winter. Could expand into boot check as well. Students can drop off coats so they do not have to lug them into the bars.
2) Merchandising - Club owns patent-> after 5
years owner can buy patent back, creator always gets a portion of
sales from their products, and after 5 years club gives up ownership. This business might overlap with the "Stand" idea by seliing products at various locations around the Syracuse campus.
The ORANGE MERCHANDISING GROUP has a temporary site on the Entrepreneurship Club page. Please check it for upcoming details. <-- Click it
PAST IDEAS:
Dog walking/renting- Provide dog walking service, which could develop
into a dog rental service
Tutoring/student motivators- website where students can see profiles
and choose their tutor right from their room
Lotto- give away lotto tickets, where businesses get advertising spaces
on the tickets, we give the lotto tickets to local businesses that
distribute products, such as lazy bones, delivery serves, etc
Stand- we acquire a stand of some sort and let other groups/people/orgs
“rent” time to sell their products or advertise their group with our
stand, but we take a commission/rental fee
Sleeping device- creating a compact device which can be constructed
into something that provides comfort to people on a plane or train
ride. Something to use as a head rest of leg rest, but can be stored
in a small purse.
Media Kits- people who want to promote themselves(bands) we provide
them media kits, which consist of different mediums such as video
promotions, build websites so that clients can network more
efficiently to promote themselves
Merchandise(general products)- club owns patent-> after 5
years owner can buy patent back, creator always gets a portion of
sales from their products, and after 5 years club gives up ownership
Personalized gift cards/message delivery- students/parents call on our
service to send personalized greetings to the student body. These may
include a card drop off or singing telegram
Can return- there’s no easy, convenient place to deposit cans near campus
Online note sharing- students upload notes and other student download
notesVolunteer services- clean cig butts off campus, to raise awareness for
E Club efforts
CDs from funk N waffles- sell CD compilations of bands who play at Funk
N Waffles
Coat check- centralized coat check near the marshal square bars during
the winter. Could expand into boot check as well
Consulting advice- approach small local businesses who want unbiased
advice from business students. We video tape our conversation debating
the strengths and weaknesses of business and sell to business.
Ratemylandlord.com- website that gives students power over landlords
surrounding Syracuse campus
Sponsor concerts-
Bakery from dorm room- selling cookies from a dorm room |
 |
Weekly Updates
Week 1: Idea Generation
Week 2: Idea sharing with club businesses in mind.
Week 3: Voting. Coat check and merchandising won! Moving ahead with logistics and exec board positions for both businesses.
Week 4: Elected officers for each group.
Merchandise CEOs: Tyler Schapiro, Luis Cadavid, Mike Yormark,Gianna Fultz.
Coat Check CEOs: Koby Brandstein
Week 5: Groups came up with names, mission statements, and clarity concerning the exact layout for the businesses. Coat check is offically named "Check It!" and the Merchandise business is still in determination of finding a suitable name.
Week 6: Businesses are launching soon. Legalities are being debated for Check-It!. Website is under construction for the OMG Store. |
