Tuesday, September 17, 2019

11A, Idea Napkin #1

The purpose of this assignment is to analyze our core competencies and to determine how well they fit in with our overall business concept.

You: We are a passionate and knowledgeable team that works with a purpose in mind and will remain focused on achieving that goal until it is thoroughly accomplished.

What are you offering to customers: We are offering a full-service property management firm with the necessary skills to eliminate all of the stress or annoyances that come from owning investment properties or second homes.

Who are you offering it to: We are offering our services to owners of investment properties, seasonal home owners, or short-term rentals.  

Why do they care: Our exceptional level of customer service along with our high quality workmanship and unique self-managed user experience will take away the typical headaches of owning multiple properties.

What are your core competencies: Our core competencies include, emphasis on our customers wants, attention to detail, and unique web interface that will give you real time information regarding your property.

I believe that these elements fit together well with my business concept.  Being able to provide exceptional customer service while maintaining a high quality of workmanship will be what sets us apart from many of the other existing vendors in the current field.  Combine these attributes with a user-friendly web interface and we will be well positioned to provide a disruption to the local market.

4 comments:

  1. Hey Jeremy,
    After reading your first idea napkin, I am impressed with all five elements. I think the "you" element shows that achieving the goal is the ultimate plan and that the team is very professional. The "who are you offering it to" element is great because it has a wide scope of potential customers. Last but not least, emphasizing the customer's wants are crucial and I believe that this will allow your idea to be successful. Great post!

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  3. The "You" gave a great description of who your team was and their mindset towards achieving their goals. Also, you were very descriptive explaining what you are offering to customers, something that is very important when selling any product. Over, your core elements do fit very well together and explain the entire concept of your business. I think your business idea is very practical and has the potential to be successful!

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  4. Hey Jeremy,

    Being a person who one days looks to have investment properties, especially seasonal homes, I feel like your offer would benefit me well. The only thing I’m curious about is what annoyances you are talking about. And more importantly, what is your service providing that I can’t do myself? At the end I think you also made a critical claim to your business when you mentioned the dedication to high quality customer service, an attribute many places lack.

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30A, Final Reflection

There were a lot assignments in the class and many of them took much longer than what I initially thought.  However, I learned a great deal ...