06 July 2009

Renting Textbook in College as Business

Put a chicken and egg together, what do you get? You get CHEGG.

Now, what is CHEGG?

It is a company that rents textbooks in colleges as business to other students.

The Americans sure have an idea for business. Their brains could just think of all sorts of ways to make money.

What starts as a silly idea to rent textbooks in college became a full time business for this 2 college kids. If you were to think of starting such business in Singapore, 99% of the parents will just laugh off at the suggestion.

The prices for rental are not based on just a flat fee, there are algorithms to determine the textbook rental fees.

Just hope after reading this inspirational article, our college kids buck up and starts a similar business.


http://www.nytimes.com/2009/07/05/business/05ping.html?_r=1

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