Thursday, February 20, 2020

11A - Idea Napkin Number 1

My name is Aaron and I am a freshman business major from Potomac, Maryland. I am extremely passionate in helping others and I strive to live my life being as selfless as possible. I also consider myself a hard-working, driven and ambitious individual. I believe I am very creative and innovative and one day hope to make a difference in the world. I am a huge food fanatic and my biggest hate in life is waiting in line, thus where my business idea was born. If I were to actually start a business, I would see it having a large role in my life. I do everything with 100% of what I have in me and me never half-ass anything. Therefore, I would give it my all.

I am offering a product/app that will solve everyone’s favorite and least favorite things in life: food and lines! As humans we are extremely busy every day. Eating is a must to live, however most of us just want it to be a quick and easy activity especially during our busy weeks. Every day we walk and drive to restaurants only to find there is an hour-long wait. What now? We then either miss our plans for later that day since were waiting in line for hours or we are forced to skip a meal so we can get on with our lives. Either way doesn’t seem like a win to me With the New app “No wait”, all restaurants will have access to post the current wait time at their respected restaurant. These will be updated every 30 minutes, so people know the current wait times of that restaurant. It will be a $2 per month subscription fee for users which in the long run will save you money since time is money and with the amount of time you will be saving by using this app, you will be a millionaire in no time!
My customers could be literally anyone. Nearly all people go out to eat at some point and I can guarantee no one genuinely enjoys standing in lines. Although this app is meant for anyone, it is specific for those who are food fanatics but also hate lines. People with less patience would enjoy this app most.
It is as simple as time is money. People would much rather pay a few dollars a month rather than spending hours in lines every month. People could spend more time at work, with family, and with friends which ultimately could help save money in the long run.
I strive for success and I believe I care about others more than most business owners. I truly want the best for my customers, and I am not just worried about how much money I am making.

Conclusion:
Although I really do like my business concept, it is based on an app and I have no experience with coding/apps. Therefore, I am not sure how successful I would be with this concept. With apps, you typically would need to be more experienced with technology and coding as that is the forefront of the business. It may also be hard to convince restaurants to join the app unless we provide them with a large amount of money. I really do like my idea however after evaluating it more it doesn’t seem as feasible.

1 comment:

  1. Aaron,
    Great work on your idea napkin blog post! Your passion for food and helping others is defiantly going to help you in the future. After reading this post it is obvious that you have put a lot of thought and considerations into your business idea. If you are serious about this application, I would definitely suggest learning the basics of coding as soon as possible.

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