Final Essay ENTR 301

Thomas Bruchu
3 min readDec 14, 2020

I picked up on a couple good tricks in ENTR 301, but creating a Facebook ad takes the cake. There’s no doubt in my mind that someday this will be an important skill to have. Being someone who has aspirations to start their own business someday, the ability to advertise effectively and efficiently is really important to me. Creating Facebook ads is definitely something I can improve upon and become better at. Tying in question 1 and question 2 to kind of the same topic, in the next 10 years I want to launch an app for the stock market. The skill that I would use from this class would be marketing it with Facebook ads. Obviously, conducting interviews and surveys would be good information to collect and our also some skills I have learned from this class.

Now, I really want to go into detail about what I want to accomplish with my app in the next 10 years. I can’t say exactly what the app does because it is an easy idea to steal. Amazingly enough, this app idea has never been created before. I did countless hours of research on the internet trying to find a similar idea to what my app is. I couldn’t find one! This is obviously a great thing and it makes me excited for the future. The app is currently being worked on by software engineers who work at Google (I know a guy). I have also made patents for the idea. The biggest downfall for my app idea is it will cost roughly $100,000 just to launch it. Between hiring a lawyer, paying for live stock market data, and getting all the proper licenses in order to make this type of app, it’s a lot of money. The 2 people who are working on it with me don’t have that type of money so we will probably end up pitching the idea to a company who would either buy us out or invest in us. If somehow, we are able to get a company to invest in us are next goal is to make the app as profitable as possible, which according to some mathematics and research done by us, shouldn’t take more than 3 years. After that, the final goal is to create the app into a publicly traded company. From the day that the app is launched, the goal is to IPO in the stock market 5 years later. This will give time for a proven business plan with convincible revenue. IPO’s have been crazy overvalued in 2020 and this is the quickest way to become insanely rich, super-fast. If you look at Door Dash’s IPO in the stock market, which was just last week. Their company IPO’d 120% over valued. Imagine how much money the insiders made in one day, BILLIONS.

That wraps up my app idea. I know it is vague, but if I told you I’d have to kill you. Bottom line is I have a really good app idea, I will use my Facebook ad skills to market it, and I will be a billionaire in 8 years. Thanks for reading!

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