1.
I am a college student attending the University
of Florida with talents in business administration. This class is providing me with necessary
talents for entrepreneurship. I hope
this business is a way to make income while working on my own schedule. If the business became successful, it would
become a major part of my life and require significant time dedication.
2.
I am offering customers a product that cools the
metal part of seatbelts for cars staying in the sun. My product solves the customer need to not
burn themselves when they enter a hot car.
The device would clip to the base of a seat belt and follow similar
physics principles as air condition. It
would be battery powered and could be activated from an app on your phone. Ten minutes prior to getting in your car, the
device would start cooling the seatbelt.
When you grab the seatbelt, it will not burn of you accidently touch the
metal.
3.
I am offering this product to everybody who has
or uses a car. The demographics and
psychographics of my intended audience are widespread. All my customers use or own vehicles, and
they all have in common a similar need.
4.
Much of the US heats to dangerous temperatures
during the summer, especially in Florida and the desert out west. People should buy my product because it will
increase the safety of their vehicle.
Children will be less likely to injure themselves when getting into hot,
parked cars. Customers will feel the
comfort of a cool seatbelt and will no longer have to dread getting into their
vehicle during the day.
5.
What sets me apart from everyone else is my
attention to detail. I would ensure the
design of this product is as efficient as possible, so it solves customer needs
to complete satisfaction. I would ensure
no shortcuts in the production process to deliver the best quality. My idea for this product is something no one
else has.
I believe all five elements fit
together. I can see connections between
all components of the idea and understand the list of priorities. The components of this product seem to be
consistent across multiple areas of interest, indicating the idea has
potential. I don’t see any out-of-joint
elements and can visualize the next stages of the entrepreneurial process putting
these elements in action.
Hi Adam,
ReplyDeleteSo since you're pursuing business administration would you ever want to work in a firm or separate company apart from your own, or are you completely committed to the idea of starting up your own business? But as I said before your idea is great. Now it's just a matter of how you'll put it into action. I think what you have so far looks great.
Hey Adam,
ReplyDeleteI think your Idea Napkin is well thought about and put together. You've clearly covered all of the points of interest and layed out a good plan. Maybe this type of company could one day sell more different interior car accessories. And even though it would be your own business, just selling one product could be very easy and relaxing for you!
Adam,
ReplyDeleteFor the jump I have loved your product. Everyone in Florida can appreciate this product because florida gets so hot. I think that there is a bigger margin for profit if you treated a new type of buckle that was made out of different material other than metal that doesn't get hot.