Sunday, March 27, 2016

The Amazon whisperer

At this point in the class, we are on our way to starting up our own business and it seems like we are pretty close to doing so. Just as the Amazon whisperer, it is very important that you keep your business moving forward and come up with new products or ideas to keep your business running. The revenue drivers I have already came up with include a couple ideas. First, I will build revenue by billing contractors every month for the work that I have completed. All the work in my field will be build monthly by the percentage of work done that month. Since I am opening a masonry company, I will be billing the General contractor for the completed work. Secondly, I will build revenue by signing sub contractors to help do some of the work. Since the construction industry is so heavy and busy, it is important that you have enough people to do the work. Higher interest a sub contractor will allow me to make money without my specific employees being there to complete the job.

The next thing I am going to offer inside my business is a labor crew for the general contractors to clean up the job site every day. Since my company will be building big buildings such as hotels and stadiums, the job site will be very dirty. I will offer a crew of around 10 people to help keep the job clean and up to date so that no safety hazards will be in play. This will bring in revenue by billing the general contractors by the hour. It is basically free money for my company because we would bring in revenue without doing any type of masonry work and it will benefit my company and the general contractor at the same time.

This next thing or opportunity will complement my business because it will bring in revenue monthly without doing any work in my field. What happens is you take one labor and pay them 12 dollars an hour. Then for each labor the general contractor needs, you charge the general contractor 16 dollars an hour per laborer. If I get ten laborers out on the job site, I would be making 40 dollars an hour and not doing any work in my field. As I currently work for a masonry company, I see companies doing this on every job I have been on. It is a good idea to keep some type of revenue coming to the business at all times. This idea will enhance my business because inside everyone's contract, each sub contractor is responsible for cleaning up the job every day. By hiring this crew, I can have my block masons laying block without stopping to clean up. My labor crew will be in charge of cleaning the whole job but I still can control what they clean up the most. It does increase the user experience because on every job I have been on, the biggest complain that general contractors have is how dirty the job is and how it needs to be cleaned. My labor crew would keep the job clean the whole time and it would make general contractors want me on their future jobs.

Since my business is serviced based, there isn't anything really on Amazon to compliment my next service.

4 comments:

  1. Well done on this post Zach!

    You seem to have brought a very clear understanding to the workings of this business idea. This is exactly what it takes to bring these ventures into actuality! Have you budgeted everything though? How much will your business be retaining after paying out employees and cost of materials and such? What will set you apart from competitors/ what will be your niche?

    Great job as always! Keep it up!
    - Angela

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  2. It is pretty smart to create a service around your already existing one to generate revenue without having any real costs associated with it. Your explanation was thorough which makes me believe that you have thought this through and can easily implement your “next” thing into your venture in the future. I like how you explained exactly how you would make money as well.

    http://blogforclass3191.blogspot.com/2016/03/amazon-whisperer.html

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  3. Cool, Zach. I really liked your approach to this assignment. It was very interesting to see how you wrote this. You clearly thought about this a lot and know what you're talking about. The concepts you were introducing were very well worded and easy to understand. I think that you've got a lot of different ways to bring in revenue for your company and it seems that it should be very profitable for you. Thank you for sharing. I really liked how you did things. Check mine out at summerborges.blogspot.com/2016/03/amazon-whisperer.html

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