
This is software (AWS) generated transcription and it is not perfect.
So where fan Parks started was actually in a college class that the entire design was to come up with. Just, um, just to come up with ideas essentially, that we're facing in everyday life. And what was happening was a friend of mine kept coming a classically, and I thought, OK, there's gotta be something going on there. There's something that I could change And I realized that he was struggling to find parking on campus, and I didn't want to my professor and saying That's it on the self parking on campus And he said, Yeah, you and everybody else on this program And, uh, he said, Think bigger. So that's where kind of the idea for parking for special events came from. Um, I'm a former athlete myself. I played baseball all through my life into college, and so being an athlete, I had a better understanding of how events work, specifically sporting events on and realized that this really was an opportunity on Ben are the inspiration behind it. It really came from, you know, my growth is a as, ah, uh, fan of all these special events, A lot of great memories of my family being able to go to these larger events in these larger scale sort of things, understanding that, Hey, here's my opportunity to make this easier for other people. Here's my ability to help others and really give them their state memories that I had when I was a kid, and so that's really what kind of started it and kind of how I got to hear.
eso first few weeks was really kind of hashing out honestly what we're gonna call it. Um, we went through a couple of different names that finally and don't fan pork. The war that had the most traction was actually old spark on, and that was something that we realized we couldn't do. There were just too many companies out there, and it wasn't gonna be good for our S CEO. There were some patent issues and some trademark issues and copyright stuff like that. So we really realized that look, we had to go kind of shift in this other direction on the reason we spent so much time focusing on that is that we knew that that was gonna be obviously how were characterized on. And we didn't want to come up with a bad name and then that set us behind and kind of lead to disadvantages later on down the road. Um, once we kind of got that handling figured out, then the next phase of that really moved into kind of the customer discovery side and working with market research and really understanding is this idea that I have and actually a good idea is that something that the market wants or is just something that I want, Um, and that what that entailed is actually talking with people in the parking world talking with people that were going to special events, people that went to these things and not asking questions that was specifically Do you like working, but really asking kind of the underlying things of What is it like when you go to a special event? What is it like when you are taking tickets? What is it like, Kind of those subjective questions that really get people to talk about their own experiences and then you can actually understand won't answer. They're giving and how that relates to you beyond just asking kind of their simple, direct points of do like parking. Would you like an idea that does this because then you know their condition to answer a certain way kind of after market research that once we realized okay, this is definitely something. There is a need for this product. Then we moved into the product development side and actually started to work with a development team to get to kind of the initial stages in the oven. M V p In subsequently see and test. You know what we learned with our market research? Okay. What can we do to then pull customers actually use our product on DSO then? That's kind of how it shifted into andan. Ever since then, it's just been a continued iteration of talking to more and more customers pumping the more and more clients. Um and really just trying to change and improve our product, improve our service improve. What we do is that company Onda proved just the app is a hole.
We're in the process right now of actually our first professional raise on. And so it's been an exciting, exciting time of really understanding because it is such a unique field of kind of raising venture capital or seed capital and understanding kind of the intricacies of it, because it's not traditionally a subject that's taught in school. Um, and some really the learning process was associated. I was lucky enough to get connected with individuals who had done it before previously. So people np entrepreneurship world that have done it before. You know, a spit city, a couple CFO's that it helped their companies race on, then kind of gave me kind of that mentor ship sort of thing. Um, the the challenges I'd say associated with it are, quite honestly, the entire process. You know, there's some things that you can just kind of pick up and understand and just kind of walk yourself and teach yourself through. But without this professional mentor ship, the knowledge that I had there's no way we would we would be at the point where we're at now, whether it's having your performance correctly, you know, um, put up or having kind of your executive summary hammer down or how exactly, to approach specific experts in the field All of those things that really needed to be taught. And I think probably the most challenging part of my job is kind of the fundraising aspect. However, it is extremely rewarding when you then get kind of the point of pursuing due diligence with a fund or group on and kind of getting to that point of when you see people taking interest in what you do and subsequently moving on from there. But, you know, once we get kind of this round finished, then we'll take obviously, what we learned, what we did do well, what we didn't and take that to the next round after that.