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Business

Aaron Charles-Rhymes
PLUS
Aaron Charles-Rhymes
Courses Plus Student 8,434 Points

To all the Tech Entrepreneurs can I ask all of you guys ten questions? This for my career class in college.

  1. What products and/or services do you provide?
  2. How long have you been in business?
  3. What is the ownership structure of your business (sole proprietorship, partnership, corporation)?
  4. How did you choose the name for your business?
  5. Who are your direct competitors?
  6. What is the biggest day Rto-day challenge in operating your business?
  7. What is your biggest reward in operating your own business?
  8. What was the most difficult aspect of opening your business?
  9. How much money do need for your start-up, what is the total cost?
  10. Did get a VC or Angel Investor to help you with your start-up?

1 Answer

Zain Abiddin
Zain Abiddin
2,783 Points
  1. RoadAware - an app that uses your phone's sensors to give you feedback on your driving performance

  2. 5 years

  3. Incorporation

  4. The first name that came to mind when thinking of our product

  5. Automattic & other OBD dongle providers

  6. Growth

  7. Not being on some else's agenda

  8. The uncertainty of being able to survive

  9. We didn't need much to start because the founding team had engineering skills - We built the product in a hackathon which we won and got our initial sum of money that way

  10. BMW iVentures

Aaron Charles-Rhymes
Aaron Charles-Rhymes
Courses Plus Student 8,434 Points

Thank You for answering my questions you really helped out sorry for my late reply.