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Thursday, October 20, 2011

5 Biggest Problems We are Facing

In class on Monday we discussed the five main problems we are facing in creating our venture. The five we came up with were:
1) Getting enough contacts to create value for businesses
2) Finding a compatible and affordable text service
3) Convincing businesses that we can create value for them
4) Should we create a more specific niche?
5) How/Should we limit companies to the amount of texts they can send?

We are still in the process of solving these problems and haven't decided on any permanent solutions at this time. We are currently waiting to hear back from companies and then we will proceed with a trial (beta) run to help us better adjust to what will work best.

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