1.
You. Who you are. What your talents are.
What your skills and experiences are. Also: what are your aspirations?
Specifically regarding your business concept, how do you see this business (if
you were to start it) playing a role in your life?
My name is Nathan Athouriste, and I am a second year
currently majoring in Marketing. One talent of mine is playing the piano, and I’ve
been playing contemporary songs for a while now. My skills include forming
meaningful relationships with individuals and performing various tasks to make
them feel better. My experiences have taught me the significance of self-care,
which directly relates to my business concept. I think establishing this idea
of mine would reveal not only to me but others as well how much of a difference
it makes when an individual takes time to regenerate from their surrounding
environment.
2.
What
are you offering to customers? Describe
the product or service (in other words, how you'll solve customers' unmet
needs).
I’m still offering people the opportunity to
distress in the best way that I see fit. What better way to learn how to ease
oneself with music. Not many people understand or are aware of music’s
strength. It already evokes emotion within people, so why not focus that energy
on relieving stress. Even with the many technological advancements in today’s society,
stress still has a vast, negative effect of many people. The problem is that
many individuals are too immersed in technology to notice their surroundings.
My business would help those people to focus on the surroundings in the
facility, stimulating relaxation and happiness.
3.
Who
are you offering it to? Describe,
in as much detail as possible, the demographic and psychographic
characteristics of your customers. Think especially of this question: what do
your customers all have in common?
College students—a very crucial population that will
shape the future. However, how will this be possible if they are not in the
best element that they could be in? No matter what classification the college
student may be placed in, we all find ourselves sometimes being stressed out by
one thing or another. In the worst of cases, students may discover undesirable
methods to cope with stress with drugs and alcohol. There shouldn’t ever be a
point when a student feels inclined to resort to those type of activities because
of stress, as they can lead to serious consequences. I’m also offering my service to the University
of Florida, where I currently attend. I’ve seen multiple occasions in which
students are about to have mental breakdowns, are spotted crying, or being
really depressed amidst the current resources that could aid students with
their situations.
4.
Why
do they care? Your
solution is only valuable insofar as customers believe its valuable to them.
Here, explain why customers will actually pay you money to use your product or
service.
I feel as though individuals would gladly utilize my
service because they would be able to discover a whole new way of developing
stress management skills. If students had an effective technique in combatting
tension in their body and minds, they would perform much better over longer
periods of time. In addition, my service would be an open space for students to
express how they destress appropriately. Sometimes individuals just need a
place where they can vibe with what makes them feel better. I’m certain UF
would pay money to establish a facility for my idea due to an increased state
of mentality, happiness, and self-worth that students would gain from musical
therapy.
5.
What
are your core competencies? What
sets you apart from everyone else? Also: what do you have that nobody else
has?
Utilizing the arts to promote self-care and highlight
the value of analyzation is what I envision for my business, and I don’t think
no one else is heading in a similar direction. Like I mentioned above, I value
relationships with great depth to them and I would do my best to aid students
who utilize my services. I can tell that some of the present resources
available don’t necessarily show a great amount of compassion and care for what
students are undergoing, simply because they are too distracted or think of
their work as being just a job. However, I wouldn’t treat students this way,
and I’d do my best to accommodate their needs.
I really
believe that all five elements can be combined into something great! I possess
a powerful passion for everything that I’ve stated before. Usually when I am
passionate about something, my ambition, too, becomes elevated. If I have a
task in mind, I attempt to develop that idea and execute it to the best of my
ability. The weakest part of my business concept would be collaborating with
administration at UF because I don’t really know anyone in the department.
The
feedback I received was to elaborate more on my idea in case potential
investors were seeking more information. I know that it’s important to grasp
their attention quickly. My method on fixing the issue was including more
descriptive adjectives to help readers visualize what I’m saying. I also made
sure to remove any repetitive words, getting straight to the point.
Hey,
ReplyDeleteI can see that you really took the previous feedback into consideration in this second idea napkin. You were very detailed in your explanations for each question, and that can help your business plan. I think you have a clear idea and direction for your idea. Nice work!