Ok I don't know most of the students in this class, but if i had to guess many of you have had several "get rich quick" schemes that never really panned out. Whether time, money or motivation got in your way, many good ideas go to waste everyday. This blog is an excellent opportunity to atleast document your ideas and provide an easy way to look back at them and wonder if they were actually a good idea.
I love watching Donny Deutsch's the big idea. If you haven't seen, i suggest you watch it. It incorporates all the get rich quick schemes you failed to recognize.
My first thought about these schemes..... AWESOME!! Who doesn't want a lot of money now?? I''ve had several ideas, from home ointment to canned peppers, but I've lacked the time nescessary to commit these ideas to great products.
One product that i have to love to hate is UGG's. The designers are gabillionaires!! but i hate the style. My mother bought me a pair of UGG clogs to wear, and I love them. The clog fashion allows for easy wear and does not define a style. Women wearing UGGs over their jeans does define a fashion though, and I am pretty sure I despise it. Walk around campus and count the number of UGGs you see, then multiply that by the number of colleges in the US. Not counting all the older women wearing UGGS, the number is astounding. Not only do I dislike the style (most of them discounting a few "cool looking" styles) but i can not believe the money UGG is making. A complete fashion phenomenon. So not cool but so cool at the same time. Maybe I am just over thinking the situation, but think about it, UGGs dominate the female winter wardrobe. They are making a killing. Why couldn't I have thought of the original UGG design??
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2 comments:
Homemade ointment huh?
SELL OUT.
Speaking of the UGG boot trend being a big money-maker, so is the Crocs trend. I bet Crocs are pretty inexpensive shoes to make and the margin is large. Have you seen the fur-lines ones now? I suspect that lots of people who have regular Crocs went right out and ponied up for the fur lined ones. There are collegiate themed Crocs, Disney World Crocs . . . that has been a very good product line.
It has also created business for other people with Croc accessories! Here's a company doing (apparently) pretty well selling Croc jewelery -- these are "charms" or what-have-you that clip into the holes in the Crocs.
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