Minding
Your Business
Summer School
It may be "Just Another Link Organizer" now, but if creator
Brian Crews has his way, JALO.com will become the prototype to bring news and
advertisements to college students on the World Wide Web. A junior at
Washington & Lee University, Crews has the classic "what I did on summer
break" story after teaming with some high school buddies to create Jalo Group LLC.
Jalo, pronounced "halo," oversees a student-friendly Internet portal,
operates a monthly college news magazine and now boasts Web sites around the country.
"We wanted to create a company that offered a general portal for college students
like a Yahoo, Lycos or Excite," says Crews, a business administration major.
"The original idea focused on Internet research plus useful and entertaining links.
The more we got into it, the more we realized we needed to provide information on a local
level to students."
The first site is up and running in Charlottesville, where partners Kyle Halliday and
Martin Bales attend the University of Virginia. Another partner, George Willcoxon, attends
Princeton, which you guessed it also has a site.
Jalo offers articles and features from a volunteer staff of about 20 students, as well
as links to pages about health and fitness, travel, music, alcohol and more.
The company launched a site at the University of California at Berkeley in October, and
sites for New York- and San Francisco-area students are under construction. Penn State
University should be added soon.
Everythings going gangbusters except the bottom line. The four partners, all from
California, have invested approximately $15,000 of their own money in the project, but
they havent seen much in return except long nights at the PC, some warm fuzzies and
a ton of bootstrapping experience.
Crews isnt discouraged, though. He says his sites ability to communicate
with the hard-to-reach college community is the business calling card.
"If you can reach [students] in an environment in which they feel
comfortable," he says, "where they feel someone isnt sanitizing the
information and telling them what to do, thats valuable. Theres a lot of
demand out there for reaching college students."
Crews hopes that demand will lure outside investors. Theres not much overhead now
that the site is up, and Crews is doing a lot with trade-out advertising. But he says the
project wont make money until he can work on it full-time.
"Ive been contacting venture capitalists, running the idea by them and
seeing what they think," he says. "Everyone says, Send us a business plan
with financial projections, a PowerPoint presentation. They really want to talk and
see what were about, and they want us to show them were for real."
Crews says hed love to work on the project full time once he graduates and that
his partners are similarly committed.
In any event, with their experience launching JALO.com, Crews and his gang are facing a
promising future. "Ive been getting job offers," Crews says. "They
cant find enough good people, people who understand the Internet, know how to do
business on the Internet and can do Web development.
"Theres really something to be said for pursuing your own business. I feel
Ive learned a lot, weve all learned a lot. Thats probably the most
significant thing weve got out of this."
Mike Ashley
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