Friday, February 16, 2018

Idea Napkin


1.) I’m a very adaptable person I feel like. I grew up as a military kid and had to move a lot, so I enjoy talking with people and helping them out in whichever way I can. I’m very artsy, so being creative is a passion and a skill of mine that I can carry over to many different areas. There’s an old family farm in my family as well, so working and managing a farm is in my skill set as well. My business concept is involving getting younger people into the stock market and investing. Regarding this concept, I see this business as a good chunk of my lief, as I would like to take part in all of the workshops in the program. I’d like to help younger people in becoming more confident is business ventures, so I would like to try and be around the program and be a sort of metro and instructor. 
2.) I’m offering my customers a way to be more confident and possibly lucrative in the trading world of stocks. Many customers aren’t very knowledgable about hot the stock market works, and I want to be able to teach young people how it works and how to be smart with their money. I’d also like to teach my generation how to be aa little better at taking chances that may pay off in the end. 
3.) I’m offering this service to anyone ages 18-25. I feel like the first demographic I would reach would be more either college students of people in big cities, purely because of the amount of people. These customers are all living in a fast-paced life, and many are also looking for ways to make a little bit of money on the side too. 
4.) I’d like to think that the customers care about my opportunity because they can see how it will benefit them. They will gain confidence, experience, and possibly earn some money, all while learning a new skill set and a new aspect of the global economic community. 
5.) This is set apart from other just informational services because I will be offering a multiple-step process and entry into the world of trading. You can kind of experiment with the process, and then get into it deeper as almost a game, but still the possibility for financial gain is there. 

I do believe that these five elements fit together really well. In any business, there are aspects that initially aren’t thought of, and often I feel like these aspects are the tiniest details. I know in my own experience, when I’m trying to accomplish a major task or go on a trip or something similar to that, I always seem to miss one of the smallest details that tends to be very significant to the final product. I believe this applies to businesses as well. For example, a certain color choice might seem to be a small thing, but when the color is on the sign in front of a shop that customers see, it can make a big difference. All five of these elements are important in their own way and I really don’t think any one is more impactful than the others because they each cover a different topic and have their own weight in the final product. 

1 comment:

  1. Hi Chloe! I think you did a very good job on your idea napkin. You explained well who you are, what you are offering your customers, who your customers are, why they would want your product, and your core competencies. I agree with you that teaching younger people the skills to become confident in their business ventures is very extremely important because it will help them make decisions that will be beneficial to them.

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