Wednesday, February 10, 2016

Idea Napkin No. 1

1) You. 
I am a junior at UF who is very sociable and enjoys spending time with friends and family. Since classes, tutors and playing lacrosse take up much of my time, when I do get free time I like to use it to the fullest. I am a very motivated individual that is devoted to the things that interest me. I enjoy making others happy. I believe the social aspect of college is one of the most important. College is where you shape who you are, who you will become, and establish a core group of friends who will stay in your life for a long period of time.
2) What are you offering to customers? 
The service I will offer to customers is an app called Future Pay that allows you to pay hours ahead of time to get into your favorite Midtown bars. This will speed up the long waiting process to get into the bars. It will be a more efficient system for both the bouncers and the bar goers.
3) Who are you offering it to? I am going to offer this product to UF students who like to go out in Midtown. Most, if not all, of those who go to bars in Midtown are college students. The bar owners and bouncers of the bars will also be offered the app because they will have to operate their business through Future Pay in order to manage how many people they allow into their bar.
4) Why do they care? 
 This service will be valuable to costumers because the last thing people want to do when they are going out is to wait in a long line and deal with obnoxious people trying to cut them. With Future Pay, lines will hopefully be eliminated completely to make for a much more efficient system than what is currently in place. Especially in Gainesville, the social scene is very important to the culture of the University of Florida so it is necessary to make it as appealing as possible.
5) What are your core competencies? 
What sets me apart from most people is my constant drive, determination, and motivation to complete my goals. I am able to work through adversity and failures have never caused me to give up. I am very independent and self motivating which would be vital to working on the completion of Future Pay.

I believe these elements fit well together with the concept of my business idea. In order to make a new app work, you must have confidence in yourself and be willing to accept failures. I have never been someone who gets discouraged when things don't work out at first. These are very important traits when working to become an entrepreneur because there is no doubt that you will faced with obstacles, difficult decisions, and failures before you are successful.

3 comments:

  1. Whats up Amy? Good post, solid thought process! This would be useful, somehow the whole process of Pull out wallet-Check ID-make BS smalltalk with the bouncer-Hand over money takes so long and thats not to mention the hundreds of people ahead of you doing the same thing. This could be a cool product! My one question is: if you ended up not going out that night how would you be able to reverse the charge?? Anyway, good post and best of luck fine-tuning your idea.

    Check your boy out for friendship and a different perspective on this class: http://antdavblogs.blogspot.com/2016/02/idea-napkin-numero-uno.html?showComment=1455657341232#c7961835861686160254

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  2. I think that this idea is great because one of the worst parts about going out to Midtown are the very long lines that you have to wait in before getting in the club. You also have to wait for the same process to happen for over 60 people in front of you and then end up having to wit an extra 20 minutes because a student doesn't have idea and is trying to convince their way in .I think that this app will really make the Midtown experience a lot better for a lot of people. Check out my blog:http://markemiablogs.blogspot.com/2016/02/idea-napkin-no-1.html

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  3. Hey Amy,
    This is actually quite possibly the first intriguing idea I have heard of yet. I think it would be really cool to be able to just walk in. The one big issue I can think of is that I'm not entirely sure if you could validate age before you got there, like VIA the app, and therefore you may not be able to speed it up that much. At the door, you would still have to show your idea and have them scan your app or you would have to give them a code. How much longer does it take to hand over $10? Perhaps hand over $10 and be handed back $5? How much time would you end up saving? Here are my thoughts on another way college students can save some serious time: http://williamwright94.blogspot.com/2016/02/idea-napkin-no-1.html

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