Hello everyone,
This is officially the first post for the official iRent2u.com Blog! You should feel very special to be around from the very beginning, and to watch this company grow into the industry titan it is destined to become. =^)
There is so much to say that I literally don’t know where to begin. With that said, lets start at the beginning and do a quick history of the company. A real quick history. Here goes.
The concept for iRent2u.com was conceived when one of its founders, Nils Von Bothmer, moved to UCLA to attend their MBA program. Upon arrival, he needed a drill to put together his IKEA furniture. He didn’t want to buy one for a one-time use, knew there had to be at least 20 within a one mile radius, yet didn’t know how to get his hands on one. At this point, he knew there had to be a better way…
Now let me just stop for a minute and make sure you know what I am talking about. iRent2u.com, the website that we plan to launch this August, is the perfect solution for this kind of problem. We will provide an easy way for individuals to list items online that they own, yet use infrequently enough they could lend them out for a few days and not miss them. Basically an “eBay for Rentals”, we are creating an online virtual marketplace where persons can rent & lend items from their neighbors and neighborhood businesses. A one-stop shop for anything you can imagine, it will be a centralized location for all of your needs. With that said, lets go back to our story.
So after this Nils knew there had to be a way that he could access his neighbors tools, without going door-to-door begging. This concept stuck in his head, so much so that in the second year when he took a business plan class during a study abroad in Spain, he pitched the idea to the class. Immediately a team was formed, among them Tim McCormack (your faithful author), and Roy Bacharach, IT consultant extraordinaire. Together this team, along with the help of countless other students, faculty, and friends, created a plan that not only captured the hearts of its members, but eventually won them the Pepperdine Business Plan Competition.
This leads us to today, where two of the three original members have graduated and are working on the concept full time, with Nils to soon follow in June. After that they are all relocating to Loma Linda, Califoria, where they will commit their minds, bodies, and hopes into making this dream a reality.
Well that about does it for our first post. Check back frequently for updates on how our project is coming and when we will launch.
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