INNOVATION IN BUSINESS ENTREPRENEURSHIP MANUAL

MANUAL INNOVACIÓN EN EL EMPRENDIMIENTO EMPRESARIAL

 Potential customers estimate an average of 17 services per year.

 The optimum price, in the consumer's mind, is on average around €7/hour per service.  A typical service would take 2.10 hours on average to perform.

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In relation to revenge:

 There is a variable potential market which, for the first year of activity, is situated in a community of more than 200,000 students in Madrid. Of this universe, 62% are willing to provide specific services through VenGo®.  Each student would dedicate an average of 12 hours per month to collaborate as I come.  The expected revenues are in line with the price that the claimants are willing to pay.

Therefore, the market study confirms that there is a sufficient number of people in society with a need for more time, who would be willing to pay for it, as well as students interested in sharing their time for a fee.

4. Key Success Factors

As the collaborative economy is still in its infancy, key success factors are derived from market research: (See next page)

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European Open Business School