Not just another WordPress.com weblog

Business Idea: college prowler

As a high-school student in Marin County, Calif., Luke Skurman wanted to attend college in the East but was disappointed by the lack of information available in university brochures, college guidebooks, and magazine articles.
While a sophomore at Carnegie Mellon, he launched a book-publishing venture to offer the inside scoop on everything from cafeteria ratings to fraternity parties — all the info missing from traditional guides — at 200 campuses around the U.S.
On the College Prowler Web site, students vote and rank schools, offering an alternative to the U.S. News & World Report lists. Consumers can also order directly from the site, which offers excerpts.

Skurman raised $130,000 in capital through four angel investors within the first two years of operation. Today, he has a team of eight full-time employees and 214 student-authors nationwide. Skurman says 2005 revenues from book sales have grown tenfold since 2004.

Lesson learned: “I can’t emphasize enough how important it is to have a solid team. It’s the only way a company achieves success.”



website: www.collegeprowler.com

source: http://freeonlineschool.manila.ph/entrepreneur/entrepreneur-luke-skurman.htm

July 9, 2008 - Posted by | Business, Entertainment, Entrepreneur, invention, Life, Million dollars Idea, Millionaire, News, Television, Youtube | ,

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s