1) The business I have created is intended to only grow in value as things become more and more crowded in the surrounded area, yet, I do intend to sell it at the right time. This plot of land alone will draw a lot of attention and I believe that in twenty years I will be ready to sell the business entirely and with that the land.
2) The surrounding area to the plot of land I have intended is already very crowded, however, In twenty years I expect it to be much worse. It will certainly be at a point in which building any more parking lots will be completely out of the question. This would drive up the business of a parking lot not only for students but also for people trying get to the buildings I expect to be there. I believe that the land alone would be worth a lot but I would want to sell the business entirely.
3) I believe that the desire to pick a location that would thrive so well throughout the years and also gain value over time was directly influenced by my exit strategy. I saw the available lot and realized it's potential in the town's current situation but also what it could mean for me if I were to have a business revolving around it. It has led me intentions towards keeping it a thriving lot while everything around it develops and brings in more customers.
Friday, November 30, 2018
Celebrating Failure
This semester I decided I would start taking soccer more seriously again and set a goal for myself. I set tape in goals making right triangles at each corner and proceeded to take free kicks from 20 yards out. I decided that by the end of the semester I would be able to score ten out of ten goals in one of the corners. I started going three days a week and in the first two weeks I would average around four goals out of each set of ten. It was a horrible start and very discouraging but after doing research and practicing more and more I started raising that number. By the fourth week I was scoring between five and six goals every ten. This small improvement definitely helped give me more confidence. It was two months later when I finally scored ten out of ten. This was very exciting for me, however, It still wasn't consistently ten out f ten every time. It took another two weeks til almost every shot was hitting a corner.
This experience taught me something that I had heard before but never actually practiced. This really demonstrated that practice really pays off and that failure is a part of the process of succeeding. Every time that I failed I was able to evaluate myself and and make improvements that led to my overall success.
I wouldn't say that I handle failure poorly, however, there are many times in which I feel very discouraged by my failures and that discouragement makes it much harder to see the big picture. In general I am able to understand that it is ok to fail every once and a while but that doesn't stop me from being discouraged. This class has allowed me to be much more comfortable with the idea of failing when I am trying to improve in something. It has opened me up to the idea of risks and allowed me to see that sometimes it is worth risking some things even if it can potentially lead to a failure.
This experience taught me something that I had heard before but never actually practiced. This really demonstrated that practice really pays off and that failure is a part of the process of succeeding. Every time that I failed I was able to evaluate myself and and make improvements that led to my overall success.
I wouldn't say that I handle failure poorly, however, there are many times in which I feel very discouraged by my failures and that discouragement makes it much harder to see the big picture. In general I am able to understand that it is ok to fail every once and a while but that doesn't stop me from being discouraged. This class has allowed me to be much more comfortable with the idea of failing when I am trying to improve in something. It has opened me up to the idea of risks and allowed me to see that sometimes it is worth risking some things even if it can potentially lead to a failure.
Reading Reflection
I decided to read the book Cognitive Surplus by Clay Shirky and found it to be very insightful on some important points for being a successful entrepreneur. It mostly made me question how I have and should be spending my free time. This book points out how things are changing in terms of how people are spending so much free time from things such as television towards social media and other forms of communication online. What stood out to me and surprised me most was the way Shirky emphasized the benefits of this change and made social media appear as such a positive outlet for this generation. I have always looked at it negatively but this book was able to highlight the ways it is a much better use of free time compared to other things like staring at a television. The way the book made me change my mind truly made me admire Shirky's opinion. This book connected with several points that we have been working towards in this class. One of the things we have discussed is spending time efficiently and this book definitely talks that over. It also focuses on interaction and finding opportunities through the best means available such as social media in many of the cases in the book.
If I were to design an assignment for this course that has to do with the concepts in this book I would create an assignment called "My Free-time evaluation". In this assignment I'd firstly ask students to write down a list of the five things they do most on their free time. After this they would evaluate if or how these activities benefit them professionally or in identifying opportunities. The third step would be to determine how they could use these activities in developing or creating current or future opportunities.
I think that my biggest surprise in this book was the part where he mentioned the need to be aggressive in posting to gain attention. He describes that sometimes upsetting people is the best way to gain attention while using social media.
If I were to design an assignment for this course that has to do with the concepts in this book I would create an assignment called "My Free-time evaluation". In this assignment I'd firstly ask students to write down a list of the five things they do most on their free time. After this they would evaluate if or how these activities benefit them professionally or in identifying opportunities. The third step would be to determine how they could use these activities in developing or creating current or future opportunities.
I think that my biggest surprise in this book was the part where he mentioned the need to be aggressive in posting to gain attention. He describes that sometimes upsetting people is the best way to gain attention while using social media.
Friday, November 16, 2018
What's Next?
Existing Market
When discussing the things that should be taken into consideration currently, two of the three that I interviewed discussed the development of the land and construction that would be needed before ever truly making any profit. I have been focusing so much on the final product that I hadn't considered the initial investment, necessary work, and time that would be required before ever being successfully functioning. One of the people I interviewed told me that her dad was in construction and that to build anything at all, the land that I intended to use would need to be inspected and then prepared for construction. They all expressed that a lot of students on campus would be waiting for nothing more than an open, functioning parking garage.
Other than the physical construction, one of the individuals that I interviewed expressed that a greater focus on advertisement should be a large priority. I hadn't considered this aspect and was quick to agree that while it wasn't something I had planned on, it certainly was very important. Without advertising, the building would definitely still draw in attention due to its location, however, the use of social media, flyers, and pamphlets sent through mail would all likely increase anticipation of the building while it is in construction.
New Market
The entire time I have worked on this project I have had the intention of it being for students, however when thinking in terms of another market, it can also be beneficial for Gainesville locals and others simply visiting the town. When talking to my boss who grew up in Gainesville, she explained that many visitors in town would be willing to park their cars in the parking garage for several nights. She told me that a great way to modify what I had previously to encourage that group to use the parking garage would be to offer specials on special weekends such as labor day weekend. I found this to be a very helpful idea and have greatly taken it into consideration.
I was very eager to give this new market a shot and truly do believe that it can contribute to the parking house. I found it fascinating to hear from the second individual I interviewed about all of the people that end up visiting town and even the locals that need places to park when visiting mid town. While I believe that this market can be beneficial to my cause, it still doesn't end up nearly as attractive as my existing market. I expect that students will be using the building regularly as opposed to weekends or for occasional visits to mid town.
When discussing the things that should be taken into consideration currently, two of the three that I interviewed discussed the development of the land and construction that would be needed before ever truly making any profit. I have been focusing so much on the final product that I hadn't considered the initial investment, necessary work, and time that would be required before ever being successfully functioning. One of the people I interviewed told me that her dad was in construction and that to build anything at all, the land that I intended to use would need to be inspected and then prepared for construction. They all expressed that a lot of students on campus would be waiting for nothing more than an open, functioning parking garage.
Other than the physical construction, one of the individuals that I interviewed expressed that a greater focus on advertisement should be a large priority. I hadn't considered this aspect and was quick to agree that while it wasn't something I had planned on, it certainly was very important. Without advertising, the building would definitely still draw in attention due to its location, however, the use of social media, flyers, and pamphlets sent through mail would all likely increase anticipation of the building while it is in construction.
New Market
The entire time I have worked on this project I have had the intention of it being for students, however when thinking in terms of another market, it can also be beneficial for Gainesville locals and others simply visiting the town. When talking to my boss who grew up in Gainesville, she explained that many visitors in town would be willing to park their cars in the parking garage for several nights. She told me that a great way to modify what I had previously to encourage that group to use the parking garage would be to offer specials on special weekends such as labor day weekend. I found this to be a very helpful idea and have greatly taken it into consideration.
I was very eager to give this new market a shot and truly do believe that it can contribute to the parking house. I found it fascinating to hear from the second individual I interviewed about all of the people that end up visiting town and even the locals that need places to park when visiting mid town. While I believe that this market can be beneficial to my cause, it still doesn't end up nearly as attractive as my existing market. I expect that students will be using the building regularly as opposed to weekends or for occasional visits to mid town.
Venture Concept for Gainesville Parking House
Opportunity
The different students that regularly drive scooters across the University of Florida campus have expressed their complaints towards the difficulty of finding parking spaces near the more popular locations. Students are spending up to hours looking for spots and are looking for a solution to the struggle of going on campus with a scooter at all. As construction in the city of Gainesville increases, open plots of land around the town are becoming less and less common which leads to this great opportunity. There is a relatively large, single plot of land across one of the most popular locations on campus that will not be available for very long. This provides a space for off-campus parking in a location that could great benefit students and whoever starts it up. Demographically, this location is perfect for targeting students and encouraging a fast, stress-free opportunity to park and get on to campus.
Innovation
The creation will be the Gaineville Parking House (GPH). This will be a 3-4 story parking garage that will provide approximately 20 car parking spaces and 100 scooter parking spaces. This land will be purchased for approximately $20,000. We will gain this money back by selling $5 parking per hour, $25 per day, $150 per week, $500 per month, and then an annual parking pass for $1,000. This will easily gain back the money spent and plenty of profit within the first year. Once the cost of buying and building the land and building has been regained, the remaining money will be profit that can go into maintaining the building and potentially expanding in the future. Most of the money gained would go into maintaining a clean parking garage and providing a designated personally parking space in one of the best locations near the University of Florida.
Venture Concept
Currently one of the only parking options on or near the University of Florida is the on-campus parking that most students find frustrating. The few spaces offered on campus are, for the most part, the only competitors close enough for students to consider parking in to get on to campus. For this reason, I believe it will be a quick purchase for many students and will require minimal convincing in doing so. This is due to the idea that many students often find themselves late to class or even just missing out on events due to not having the option of a quick and easily-accessible parking space. This strong focus on academics and on-campus involvement in Gainesville will encourage a lot of individuals to partake in GPH regardless of the cost. The prices are relatively high, however, the location and ease of access provided seems to make the price adequate. The costs would come down to 3 to 4 different security guards that would rotate shifts in manning the entrance booth, and 4 to 5 janitors that would rotate in keeping the building in a clean state.
The location of the GPH is the most notable advantage the parking garage has over all other competitors. This resource is what will convince individuals to park there simply because of how easy it would make it to get onto campus. With close to no other options of land to build a parking garage on anywhere near as close to campus, it will be nearly impossible for competitors to have a similar situation.
The next venture I'd like to tackle is a different parking garage on the more popular parts of the opposite side of the campus and then potentially moving on to other schools with similar situations.
In the next five years, I hope to have several more successful parking garages across the state in locations where they are needed. In ten years, however, I hope to have successful parking garages across the world in locations where I believe they will thrive, while having enough money to be able to take risks in where I start opening them.
The different students that regularly drive scooters across the University of Florida campus have expressed their complaints towards the difficulty of finding parking spaces near the more popular locations. Students are spending up to hours looking for spots and are looking for a solution to the struggle of going on campus with a scooter at all. As construction in the city of Gainesville increases, open plots of land around the town are becoming less and less common which leads to this great opportunity. There is a relatively large, single plot of land across one of the most popular locations on campus that will not be available for very long. This provides a space for off-campus parking in a location that could great benefit students and whoever starts it up. Demographically, this location is perfect for targeting students and encouraging a fast, stress-free opportunity to park and get on to campus.
The creation will be the Gaineville Parking House (GPH). This will be a 3-4 story parking garage that will provide approximately 20 car parking spaces and 100 scooter parking spaces. This land will be purchased for approximately $20,000. We will gain this money back by selling $5 parking per hour, $25 per day, $150 per week, $500 per month, and then an annual parking pass for $1,000. This will easily gain back the money spent and plenty of profit within the first year. Once the cost of buying and building the land and building has been regained, the remaining money will be profit that can go into maintaining the building and potentially expanding in the future. Most of the money gained would go into maintaining a clean parking garage and providing a designated personally parking space in one of the best locations near the University of Florida.
Venture Concept
Currently one of the only parking options on or near the University of Florida is the on-campus parking that most students find frustrating. The few spaces offered on campus are, for the most part, the only competitors close enough for students to consider parking in to get on to campus. For this reason, I believe it will be a quick purchase for many students and will require minimal convincing in doing so. This is due to the idea that many students often find themselves late to class or even just missing out on events due to not having the option of a quick and easily-accessible parking space. This strong focus on academics and on-campus involvement in Gainesville will encourage a lot of individuals to partake in GPH regardless of the cost. The prices are relatively high, however, the location and ease of access provided seems to make the price adequate. The costs would come down to 3 to 4 different security guards that would rotate shifts in manning the entrance booth, and 4 to 5 janitors that would rotate in keeping the building in a clean state.
The location of the GPH is the most notable advantage the parking garage has over all other competitors. This resource is what will convince individuals to park there simply because of how easy it would make it to get onto campus. With close to no other options of land to build a parking garage on anywhere near as close to campus, it will be nearly impossible for competitors to have a similar situation.
The next venture I'd like to tackle is a different parking garage on the more popular parts of the opposite side of the campus and then potentially moving on to other schools with similar situations.
In the next five years, I hope to have several more successful parking garages across the state in locations where they are needed. In ten years, however, I hope to have successful parking garages across the world in locations where I believe they will thrive, while having enough money to be able to take risks in where I start opening them.
Unfair Advantage
Resources
1) The Location is very close to campus.
2) The plot of land intended is much larger than other available land in the area.
3) I am currently a student at the University of Florida.
4) The University of Florida would likely support it.
5) I have been in contact with individuals with experience in this field.
6) I know a lot of individuals that would use parking spaces.
7) There will always be students coming in to use the spaces.
8) I will provide parking spaces for cars as well.
9)I have owned and ridden a scooter for several years on campus.
10) I am very knowledgeable of the area around the lot.
"VRIN" Analysis
1) The location near campus is what will lead students to want to park there. This is rare because there aren't many parking options near campus. There aren't any other available plots of land this close to campus making this location currently inimitable and non-substitutable.
2) This allows me to provide more parking spaces than any possible competitors. Due to a lack of available land in the area, this makes the size of the plot rare. It would be very hard to copy this because of how rare a plot of this size in such a good location is. No other parking options in the area provide the same size.
3) This is valuable because it means I have an insight on the individuals that would be using the parking. This is rare because it isn't often when a student is able to work with his peers on such a business. It is relatively hard to copy because it would take being one of the 35,000 students that attend this school along with having the land.
4) Many students would feel more comfortable using a parking space endorsed by UF. This is uncommon because it isn't often that the university partners with off-campus parking locations. This would only occur if it were in a location that the university found to very helpful to the students such as the one I have found. This leads to it being inimitable and non-substitutable.
5) This allows me to have access to knowledge that could allow me to thrive in this business. This is not very common for an individual of my age because of a typical lack of access to such professionals. This is hard to copy because it takes a lot of reaching out and going out of ones way to gain such a relationship.
6) This would mean more individuals in college inclined to use my parking over others. This is uncommon for most professionals not in a college. This is hard to imitate without being a social, out-going individual in college. Without personal connections, it is hard to form such loyal customers.
7) By being associated with the university, the parking lot will always have customers transitioning in and out of the school. This is rare because many places don't have such a consistent group they can rely on. This is hard to copy because most places don't have as many reasons to bring in so many new customers. Other things may be able to but not well as the steady income going into the school each year.
8) This will add a new group of customers that strictly scooter parking lots can not offer. It is often times rare for off-campus parking lots to offer scooter and car parking. This can be hard to copy without the necessary space. Other parking lots similar to mine to exist.
9) This allows me to understand my customers better. It takes personal experience to understand the industry better and that is often rare. This can be replicated through any individual with a scooter. Proper research can also provide good insight.
10) This allows me to offer information to customers and understand those using the spaces better. This takes experience living and maneuvering through Gainesville, which many individuals do not have. Only having lived here can truly provide the knowledge of the area.
Top Resource
My top resource appears to be the location of the parking lot. This is the top one because it will be the main reason students will chose to park on my lot as opposed to the others that are located further from campus. The location will facilitate getting on campus faster and convince many to choose to park there.
1) The Location is very close to campus.
2) The plot of land intended is much larger than other available land in the area.
3) I am currently a student at the University of Florida.
4) The University of Florida would likely support it.
5) I have been in contact with individuals with experience in this field.
6) I know a lot of individuals that would use parking spaces.
7) There will always be students coming in to use the spaces.
8) I will provide parking spaces for cars as well.
9)I have owned and ridden a scooter for several years on campus.
10) I am very knowledgeable of the area around the lot.
"VRIN" Analysis
1) The location near campus is what will lead students to want to park there. This is rare because there aren't many parking options near campus. There aren't any other available plots of land this close to campus making this location currently inimitable and non-substitutable.
2) This allows me to provide more parking spaces than any possible competitors. Due to a lack of available land in the area, this makes the size of the plot rare. It would be very hard to copy this because of how rare a plot of this size in such a good location is. No other parking options in the area provide the same size.
3) This is valuable because it means I have an insight on the individuals that would be using the parking. This is rare because it isn't often when a student is able to work with his peers on such a business. It is relatively hard to copy because it would take being one of the 35,000 students that attend this school along with having the land.
4) Many students would feel more comfortable using a parking space endorsed by UF. This is uncommon because it isn't often that the university partners with off-campus parking locations. This would only occur if it were in a location that the university found to very helpful to the students such as the one I have found. This leads to it being inimitable and non-substitutable.
5) This allows me to have access to knowledge that could allow me to thrive in this business. This is not very common for an individual of my age because of a typical lack of access to such professionals. This is hard to copy because it takes a lot of reaching out and going out of ones way to gain such a relationship.
6) This would mean more individuals in college inclined to use my parking over others. This is uncommon for most professionals not in a college. This is hard to imitate without being a social, out-going individual in college. Without personal connections, it is hard to form such loyal customers.
7) By being associated with the university, the parking lot will always have customers transitioning in and out of the school. This is rare because many places don't have such a consistent group they can rely on. This is hard to copy because most places don't have as many reasons to bring in so many new customers. Other things may be able to but not well as the steady income going into the school each year.
8) This will add a new group of customers that strictly scooter parking lots can not offer. It is often times rare for off-campus parking lots to offer scooter and car parking. This can be hard to copy without the necessary space. Other parking lots similar to mine to exist.
9) This allows me to understand my customers better. It takes personal experience to understand the industry better and that is often rare. This can be replicated through any individual with a scooter. Proper research can also provide good insight.
10) This allows me to offer information to customers and understand those using the spaces better. This takes experience living and maneuvering through Gainesville, which many individuals do not have. Only having lived here can truly provide the knowledge of the area.
Top Resource
My top resource appears to be the location of the parking lot. This is the top one because it will be the main reason students will chose to park on my lot as opposed to the others that are located further from campus. The location will facilitate getting on campus faster and convince many to choose to park there.
Friday, November 9, 2018
Elevator Pitch 3
1) Elevator Pitch #3
2) It was expressed to me that I should be more clear in my speech so I tried to enunciate my words better this time around. Some feedback said that some of my statistics were irrelevant so I took it into cosideration, however, I didn't necessarily agree with it.
3) I worked on being clearer in my speech and cutting back on information that wasn't exactly necessary. I also was more direct with my idea and spent less time explaining small details. I also found myself more confident in my idea leading to me being more confident in my delivery in front of the camera.
2) It was expressed to me that I should be more clear in my speech so I tried to enunciate my words better this time around. Some feedback said that some of my statistics were irrelevant so I took it into cosideration, however, I didn't necessarily agree with it.
3) I worked on being clearer in my speech and cutting back on information that wasn't exactly necessary. I also was more direct with my idea and spent less time explaining small details. I also found myself more confident in my idea leading to me being more confident in my delivery in front of the camera.
Reading Reflection #2
1) What was the general theme or argument of the book?
- The general theme of the book was about the emphasis on how important and valuable failing is to successful individuals. The book describes how it often takes failing over and over again without giving up to finally come out with the desired outcome and growing from the experience. It also talks about how life being so unpredictable leads to some of these failures but that that is part of the learning process and often times leads to winning big.
2) How did the book, in your opinion, connect with and enhance what you are learning in ENT 3003?
-The main way I saw this book relate to topics in this course was in the development of our ideas in this course. It has been made very clear in the course that many ideas could use improving and feedback to improve in general. Without all of the development of our ideas, most of our initial ideas would most likely fail, yet it would teach us that more work could've been put into developing them. The book heavily focuses on the value behind such failures.
3) If you had to design an exercise for this class, based on the book you read, what would that exercise involve?
- I have noticed that one of the best ways to really understand a concept in this class is applying it to things in my life. My assignment would be called "The Importance of Failing". In this assignment I would ask students to write down three times they failed in something, how they reacted to it, and if/what they learned from it. This would allow them to understand the concept that failing can be beneficial by applying it to personal experiences.
4) What was your biggest surprise or 'aha' moment when reading the book? In other words, what did you learn that differed most from your expectations?
-My biggest 'aha' moment was looking over all of the people that initially failed and realizing how many incredibly successful individuals I recognized. I could've never expected any form of failure from some of those named.
Friday, November 2, 2018
Social Capital
First Person
1) Carol Gerdum- Owner of Gainesville Parking Operations.
2) Domain Expert
3) I was able to find the phone number of the company online and proceeded to get the address of their office. I went in, explained my assignment, and then asked to schedule a meeting with Mrs. Gerdum.
4) I was able to meet with Mrs. Gerdum and explain the idea I had with her. She also got to explain to me how she was able to start up her business and open various parking garages. She gave me various pointers on the hardest parts of her business while also encouraging the expectation that I always put customers first regardless of the business I am in.
5) Meeting Mrs. Gerdum allowed me to have a greater insight on what is important in this business and added an individual willing to help throughout the start up process.
Second Person
1) Diego Gonzales- Owner of Gator Scooter Repair.
2) Supplier
3) I have had my scooter repaired many times by Diego and had the discussion of parking around campus with him. I called him and asked to stop by his shop and show him my elevator pitch. He agreed to meet with me.
4) I asked Diego to listen and give pointers on my elevator pitch and promised that he'd be the only person I'd ever get my scooter repaired from in exchange. He was more than willing to help but offering him the promise seemed to help our relationship.
5) Due to working and building scooters for hundreds of students in Gainesville, Diego would be a great individual to encourage the use of the parking spaces I would be providing.
Third Person
1) Zackaria Saadioui- Developer of parking app called SpotHero.
2) Expert on my Market
3) I had a class with this individual who was working on an app that could help you locate available parking spaces near you and provide directions to get to them. I reached out to him and ended up talking to him for over thirty minutes and giving him my elevator speech as well.
4) I asked Zackaria to listen to my idea and tell me what he though about it and if he could give me some constrictive feedback then I would refer his app to as many friends that I know.
5) This person is developing an app that could feature my spaces making it much easier to guarantee their consistent use.
Final Reflection
I This assignment made me realize that when networking it is much more effective to make some thing worth both sides time. If I were to go and just demand some of these individuals time then they most likely wouldn't have cared half as much. I was able to offer something that interested them in a non-aggressive way and that seemed to draw their attention in. That is something that definitely made this assignment stand out and I will definitely keep it in mind future endeavors.
1) Carol Gerdum- Owner of Gainesville Parking Operations.
2) Domain Expert
3) I was able to find the phone number of the company online and proceeded to get the address of their office. I went in, explained my assignment, and then asked to schedule a meeting with Mrs. Gerdum.
4) I was able to meet with Mrs. Gerdum and explain the idea I had with her. She also got to explain to me how she was able to start up her business and open various parking garages. She gave me various pointers on the hardest parts of her business while also encouraging the expectation that I always put customers first regardless of the business I am in.
5) Meeting Mrs. Gerdum allowed me to have a greater insight on what is important in this business and added an individual willing to help throughout the start up process.
Second Person
1) Diego Gonzales- Owner of Gator Scooter Repair.
2) Supplier
3) I have had my scooter repaired many times by Diego and had the discussion of parking around campus with him. I called him and asked to stop by his shop and show him my elevator pitch. He agreed to meet with me.
4) I asked Diego to listen and give pointers on my elevator pitch and promised that he'd be the only person I'd ever get my scooter repaired from in exchange. He was more than willing to help but offering him the promise seemed to help our relationship.
5) Due to working and building scooters for hundreds of students in Gainesville, Diego would be a great individual to encourage the use of the parking spaces I would be providing.
Third Person
1) Zackaria Saadioui- Developer of parking app called SpotHero.
2) Expert on my Market
3) I had a class with this individual who was working on an app that could help you locate available parking spaces near you and provide directions to get to them. I reached out to him and ended up talking to him for over thirty minutes and giving him my elevator speech as well.
4) I asked Zackaria to listen to my idea and tell me what he though about it and if he could give me some constrictive feedback then I would refer his app to as many friends that I know.
5) This person is developing an app that could feature my spaces making it much easier to guarantee their consistent use.
Final Reflection
I This assignment made me realize that when networking it is much more effective to make some thing worth both sides time. If I were to go and just demand some of these individuals time then they most likely wouldn't have cared half as much. I was able to offer something that interested them in a non-aggressive way and that seemed to draw their attention in. That is something that definitely made this assignment stand out and I will definitely keep it in mind future endeavors.
Idea Napkin No. 2
You: I am currently a junior at the University of Florida and have had plenty of experience with the scooter parking situation on campus. I would like to consider myself an outgoing individual with a decent amount of involvement on campus that has allowed me to gain even more insight on this topic. If I were to create this parking area I know that it would greatly benefit me by providing me with much greater access to my classes and reducing stress in the overall task of getting on campus.
What are you offering to customers? My service is providing a location for University of Florida students to park their vehicles in some of the most useful and convenient locations near campus.
Who are you offering it to? I am offering this service to the University of Florida Students that use their scooters or cars to get to the west side of campus.
Why do they care? Customers care and will use this service because it is currently almost impossible to find parking on this side of campus. In not being able to find parking students are often late to class or where ever they need to get to wherever they need to get to on campus. This leads to a lot of stress on students all over campus.
What are your core competencies? What I am offering is parking in an are where it is for the most part not offered or available elsewhere. I would be taking basically the only available space in the area and using it in a way that isn't offered any where else in the area.
After the revisions I made and reviewing everything I have written I have realized that some of the elements that I didn't believe fit together now seem to do. Some of the weaker points seem to be the location of the parking area, the initial funds necessary to start the project, and arranging the parking spaces. Apart from those things that can be established over time, everything seems to work together.
The two main points I received from the feedback was expanding my targeted customers and elaborating more on explaining the concept itself. I was able to expand my customers by adding on parking availability to cars thanks to one of the comments questioning the availability. I also was able to elaborate more on what exactly I was providing by explaining in greater detail how this will be the much needed parking option in popular areas where there is none. These points have definitely allowed me to refine my vision for the overall project.
What are you offering to customers? My service is providing a location for University of Florida students to park their vehicles in some of the most useful and convenient locations near campus.
Who are you offering it to? I am offering this service to the University of Florida Students that use their scooters or cars to get to the west side of campus.
Why do they care? Customers care and will use this service because it is currently almost impossible to find parking on this side of campus. In not being able to find parking students are often late to class or where ever they need to get to wherever they need to get to on campus. This leads to a lot of stress on students all over campus.
What are your core competencies? What I am offering is parking in an are where it is for the most part not offered or available elsewhere. I would be taking basically the only available space in the area and using it in a way that isn't offered any where else in the area.
After the revisions I made and reviewing everything I have written I have realized that some of the elements that I didn't believe fit together now seem to do. Some of the weaker points seem to be the location of the parking area, the initial funds necessary to start the project, and arranging the parking spaces. Apart from those things that can be established over time, everything seems to work together.
The two main points I received from the feedback was expanding my targeted customers and elaborating more on explaining the concept itself. I was able to expand my customers by adding on parking availability to cars thanks to one of the comments questioning the availability. I also was able to elaborate more on what exactly I was providing by explaining in greater detail how this will be the much needed parking option in popular areas where there is none. These points have definitely allowed me to refine my vision for the overall project.
Subscribe to:
Comments (Atom)