Me:
I am a driven individual with a good foresight and can make a plan and achieve my goals. I have many talents that can benefit me like financial skills, networking, critical thinking and the ability to make decisions when they need to be made. I have customer service and sales experience that will help me achieve my goals. I think that this is something that I can make a good amount of money off of in a few years time with hard work before the next trend comes out.
What I'm offering:
I would be offering a product that has yet to be largely recognized as a business opportunity by most golf courses in the world. I would be offering a service of distributing a product on a larger scale than is currently being done. The golf board is more efficient and easier to maintain than a normal golf cart.
Who am I offering it to:
I would be offering this product to golf courses. This product is great for anyone of all ages that golfs because it's a new piece of technology that will peak the interests of all golfers. That being said, the largest demographic will surely be the younger age groups. I think because of the interest that younger demographics take in new technology and their openness to it that they would really enjoy the use of the product.
Why they care:
I think that the courses would care about this because not only do the golf boards offer more efficiency to their company but they are low maintenance and help preserve their grass better than a cart does. Also, the golf board would be sure to bring in new customers especially in the younger demographic and that could be future business for years to come.
What are my competencies:
I'd say what sets me apart from everyone else would be my experience working in the golf industry and my passion for the game and improving the way it can be played. Something I have that no one else has is the network I already have built within a company that owns more than 50 courses in the United States and Canada.
I think that all the elements on my idea napkin work together perfectly for the opportunity that I described. I think that the weakest part of my idea would be that I would have to learn how to set up a business like the one described from nothing and the logistics would be tough to learn at first. Other than that I believe that everything would I laid out would be great for chasing down this venture.
Christopher,
ReplyDeleteYour sales experience will absolutely help you on the journey to achieving your goals and making your plans come to fruition as selling is a huge part of entrepreneurship. Furthermore, I think while your offering may appeal to all ages, it's best that you engage in STP of sorts (Segmentation, Targeting, Positioning) which is what you seem to be on track doing, noting that the largest demographic is younger age groups.
(TA)
Christopher it sounds like you have been working towards this for years. My dads a golfer and I have spent a good portion of my life caddying and driving around in golf carts. Your plan to focus on directly selling to the golf courses is very smart, maybe once you build up your business more you can target personal golfers, people who use golf carts for personal use. Feel free to check out my idea napkin: http://entweekly.blogspot.com/2016/02/idea-napkin-no1.html
ReplyDeleteHi Christopher! Being passionate and already knowledgeable and experienced in the golf industry sets you apart from other entrepreneurs. Maintaining the grass and efficiency of the product are strong selling points so the only thing I encourage is to create a model of how this board would work. I enjoyed reading your business plan and I wish you the best of luck! Feel free to check my blog out!
ReplyDeletehttp://andreasentspace.blogspot.com/2016/02/idea-napkin-no1.html
-Andrea
Your blog post seems very formal, I almost felt like I was reading a resume! It’s awesome that you have so much experience and are driven to pursue your goals. I was really looking forward to reading about your product, and what it actually does. Golfing is really important in my family and would definitely be interested in your golf board, how it works and what it does. Check out my post: http://rachelquispe.blogspot.com/2016/02/idea-napkin-no-1.html
ReplyDeleteChristopher,
ReplyDeleteYour idea would be revolutionary to golf and can even be applied to other markets down the road if you're successful. Regarding the golf board, I agree that it would be much more efficient and less of a hassle than using a golf cart. However, make sure you grab a patent because your idea will be copied before you know it. Lastly, you have a great start with your network. While it's good you acknowledge it, be sure to always utilize that golf network to help facilitate and get feedback for your idea.
I have attached the link to my blog and hope you will enjoy reading it as well.
http://dipaoloent.blogspot.com/2016/02/idea-napkin-no1.html
Best of Luck,
Louis DiPaolo Jr