Business Plan Disappointment

As expected, I did not make it to the next round of the NYU business plan competition. I am not mad, just a little annoyed. Apparently, they didn’t care much for my idea for an eLabel. Actually, I am somewhat amused. Last week Apple announced that they are now selling 1.25 million songs per day! Obviously, there’s a lot of potential given their unlimited virtual shelf space. Mark my words, we will see successful eLabels begin to pop up as the idea of purchasing digital downloads transitions from the early adopters to the mainstream.