Venture Concept No. 1
ENT3003 - Venture Concept
One World Consulting and Financing is a service based venture. Our mission is to connect these new companies with interested financers and/or supporters to better their standing. The plan is to stimulate the growth of companies with groundbreaking research and ideas.
• There is a lot of conflict between companies trying to become more sustainable and older powerhouses that refuse to lose any money over changes they don’t deem necessary.
• The process One World will use is similar to any consulting company but has its own specific requirements.
• To even be considered for a consultation, the new company needs to be referred by someone of high caliber that can vouch for the effectiveness of their product or service. For example, if a materials engineering firm was creating all biodegradable types of plastics and metals then there would need to be a materials engineer, or another high ranked position able to explain the product thoroughly, present at the meeting to explain what makes their products so useful and different.
• Every firm needs to prove their worth, monetarily and economically, before a client can become established.
• Next, due to the reason we are connecting and supporting them, 20 percent of their monthly revenue will go to us in addition to allotted payments for specific types of work asked of. Every contract is different and is client tailored.
The specific venture concept I plan to develop with One World Consulting and Financing is to provide an ease of access to the market for these companies that have the potential to help save the planet a little bit everyday. The way to accomplish this is to provide the best service to the most demanded up and coming ventures. This means hiring experienced and creative professionals that can work well with people and easily build relationships. We would be competing with every top consulting agency out there. Providing financial services definitely adds some dimension to One World. I believe customers would want to use One World over a well-established firm because our mission is to make a bridge between financing and innovation in a simple way. As the world evolves consulting needs to involve with it. A key aspect I have not mentioned about this company is that I plan for it to be multi-national and mainly bring funding from China and Japan. I believe hitting these two markets is crucial due to the fact that China is one of the least green countries in the world and Japan is one of the most sustainable countries in the world. Offices will be opened first in United States and Shanghai. Next would be Kyoto and then from there it would depend on the direction of the company and its clientele. Another advantage One World provides is its freelancing nature. Because we are new and multi-national I plan to be very mobile and client based. Due to this factor One World will have a very open and casual feel to it. Using big companies sometimes means pressure and expectations just because of the name. To add to this company personality, we will have a very creative look and representation. Top graphic designers will tie everything together by visually creating materials that reflect the inventive and modern personality of the company.
The secret sauce of One World will be the employees. Confident and strong-willed individuals that are noticeable smart and easily trusted. Having a strong leader will be the make or break for the company though. I believe my cultural and experienced background makes me a strong leader. My degree in environmental management and business helps me also. I wan to to create legacy that I can be proud of and that the world needs. I am passionate and driven about this and I believe that is One World’s secret sauce. Leading by example is my plan.
If all goes according to plan the I see this venture becoming almost like a consulting agency for consulting agencies on how to make all of their processes more sustainable and environmentally friendly. The next issue I would possibly want to tackle with one world is policy. Maybe expanding into trade and international policy. Hiring lawyers and professionals that believe in pushing all our advancements through the government here in the United States. The company would be a friend to both the environmentalists and the fortune 500 companies. One world would be the bridge between the two and in becoming that could also be a force for change.
Personally if I built this concept and accomplished all the goals I have touched on in this venture, I would never leave it for a better offer. I want to see it become all that it could be. Yet, further than five years down the road, I may have to. Not in a discriminatory way but I do plan on One World being run by a young, creative, idealistic, crowd. Once I get into my older years I would love to hone the skills of a big consulting firm such as McKinsey. I would be hired to teach them how to better serve their clients and such. I would spread the wealth of all my experience and watch my venture take off without me. Even though I was the secret sauce at first somebody else could become the new spirit of the company over time and take it to new heights.
I think it would have been clearer to have bold titles for Opportunity, Innovation, and Venture. This would aid readability. And I suppose going on readability, I’m not fully sure how the venture operates. Specifically, I’m not sure why there needs to be connectors between people who want to improve the environment. I understand how you would generate money; however, I’m not sure why the customer would require the venture’s assistance.
ReplyDelete