One of the Sauder School of Business’s own students, Edward Yan is the creator of a new social networking app for iPhone and Android that makes connecting with relevant people easy. The key word being “relevant”, this app is intended for students or anyone to connect with people in their vicinity and to know about events that may be happening close by. However, this is only one of the many accomplishments by Edward. He is one of the founders of Peoplesapp Network Group Inc., which specializes in mobile application development. He invested in an office in Gastown, Vancouver, and is currently expanding to a more global scale. It is projected that this corporation will become very successful in the coming years.
Being such a young entrepreneur, Edward and many others alike, have to take risks and think opposite of any normal businessperson. Though a normal person’s main interests may be being as profit maximizing as possible, one may have to lose money before gaining money, hence the risk. Many people shy away from the prospect of starting a business because they are afraid of the consequences, because one must live with the actions that they make. Personally, I am one of those people, but then again, it is still possible for anyone to become an entrepreneur if they have an idea that they would be able to develop. The hardest part is taking the first step, which is what I learned from the Comm 101 Entrepreneurship class with the guest speakers.
(Source: http://mingoapp.net/tera/company.php)
One reply on “Mingo: the Newest Addition to the Social Media Family?”
It’s interesting how many of our alumni’s and students are leaning more towards entrepreneurship and being innovative! And I do agree with you that the first step is always the hardest one to take!