Never in my wildest dreams I had thought that I would be making a real business plan/model for any school project or design thesis alike.
A website is going to be a crucial part of my thesis and so writing down a business plan for the same is imperative. Covering details on how the website will operate, what marketing strategies it will embrace and where the resources will come from is going to prove extremely beneficial in the long run. This business model will keep modifying as I move ahead with my thesis but for now I feel pretty confident about it.
Having researched how businesses work and operate for weeks now and then making a model for my own thesis website, I have realized how important it is to take into account every facet and every detail of any taken endeavor.
A special thanks to people at Google News (and their blogs and forums) and my friend Philip Jones, an MBA graduate from Yale University on giving me first hand tips and suggestion on how to approach start up ventures and reading recommendations.