Monday, September 26, 2011

Week 1: Entrepreneurial Idea

For my entrepreneurial idea I chose to create a software that assists event planners in organizing all aspects of the events they are planning, including the vendors and businesses they work with. Additionally this software program will be able to keep track of all the invoices and payments received.It will also be capable of knowing who is working what events, the people associated with each vendor and the attendees at the events.
By being able to do this you can track which people go to which events, making it easier to market certain events to them. Additionally you can log ratings of the people working the events, helping plan better events in the future. Also by keeping track of the people you are coordinating with at each vendor will make for better communication leading up to, during and after the event. Also it will be useful in  maintaining relationships with companies and planning events in the future.
This software will also be internet compatible so whether you are planning a fashion show, album release party, press conference, sports event or corporate party it will be able to sync and pull up highly rated options for you to coordinate the entertainment, venue, catering and technology. It will also be able to link with your social media such as facebook or twitter and pull up events happening around the same time and location. The software will also have an iPhone application feature so you can have it on you while you're on the go, and all information can be pulled up for you on-site or during the event.