Professional Documents
Culture Documents
BINUS University
Learning Outcomes:
LO 1: Classifying a business idea and screening the idea (or ideas) to determine it preliminary
feasibility
LO 2: Analyzing the feasibility of business ideas before entering the business planning process
LO 3: Applying all data collected into an effective business plan and presenting it
Instruction:
The answer must be typed on MS Word (A4), then converted to pdf.
Please re-check the files before uploading.
Do not copy-paste from the internet or other sources, your document will cross-check the
similarity world using software.
IDN Media, is a multi-platform digital media company aimed at the next generation Z and
millennials. The beginning of the formation of IDN Media, when Winston Utomo was still
working as an Account Specialist at Google Singapore. He wrote an article on his page, and The
article went viral on social media. He also saw an opportunity to create special content for
millennials and generation Z in Indonesia. Winston decided to quit his job and founded IDN
Media with his younger brother, William Utomo on 08 June 2014. Currently, IDN Media has
two offices in Surabaya and Jakarta (they call it as "Creative Labs") and has a team of 140
people (they call it with the term "Timmy").
In addition to having a portal containing news and informative articles, IDN Media also
has produce video content distributed via Facebook and YouTube. Multiple channels The
content includes IDN TV, Yummy (which focuses on culinary content). Besides operating as a
media, IDN Media also has an event organizer service called IDN Event, IDN Creative agency
service, and IDN Creator Network. IDN Media is one of the startups that receives funding
regularly every year. In September 2015, they managed to get seed funding from East Ventures
; secured Series A funding led by North Base Media right a year later. IDN Media is also one of
Verified by,
Questions:
1. (LO1) Identify the business idea from the IDN Media Founder when they're decided to set up the
business? (30% )
2. (LO2) Give your analysis about the target market of feasibility at IDN Media? (30% )
3. (LO3) From the business model of IDN Media, describe an effective business plan of IDN Media?
(40% )
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