Friday, March 23, 2018

Assignment 19A - Idea Napkin 2


Assignment 19A
1)    You. 
I’m someone with a passion for business that matches potential ideas with a non-stop work ethic that settles for nothing less than perfection. I bring previous experience starting up a successful business and understand how to combine customer service and financial practices that will provide worthwhile future success.
2)    What are you offering to customers? 
I’m offering a product that is offering an unmet need in terms of help with educational practices, specifically when it comes to online lectures that are unable to be watched for any given reason. With a subscription model, it offers the student a service that will be continually beneficial.
3)    Who are you offering it to? 
I’m offering my service to online students who are forced to watch the lectures online because they either cannot or decide to not attend the class in person. Whether or not they’re business students, they can be sure of the same process regardless of their class schedule.
4)    Why do they care? 
The bottom line is my service will provide realized educational benchmarks, and therefore paying a certain amount for a grade boost. Providing each student for assessments, whether they’re exams or not, is a surefire method to supplant my product as one worth paying for.
5)    What are your core competencies? 
My core competencies are both the way my product is delivered and the speed for which it is delivered. No other outlet is subscription-based and therefore the influx of income is steady for sustained success, and the product being delivered hours after the lecture stands out and remains the core of my business plan.

2 comments:

  1. Hi Andrew,
    I think the fact that you have start up experience is a great advantage when thinking about your business idea for this class. No matter how big or small the start up was, you saw the in's and out's of what it took to to runt it. I think your core competencies will make you stick out as well. As someone who uses the other "tutor" sources here in Gainesville, if you are able to combine speed and a more efficient way of delivering your content than your competitors, you will be golden. Lectures and classes move extremely fast and students are always falling behind, so if you could keep up with the material and deliver it efficiently, you would stand out.

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  2. I think you understand your product well and have come to really know what your target market is. Differentiating yourself in a good way from other services will help to ensure that you find a perfect niche for this idea. Hopefully your strong work ethic and desire for perfection will pay off in this situation. Students should be receptive to a product that fits their needs and is delivered quickly.

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