1) My name is Kalvin and I'm a student at the University of Florida. As for skills and experiences, I am fluent in two languages and am currently studying business. I've worked a variety of part time jobs and am currently looking to go into law school. If I were to create this app, it would play a very big role in my life. I would be able to revolutionize parking for everyone and I believe it would create a lot of revenue. I wouldn't have to look for any part time work and could invest all my time and effort into this app.
2) The customer's unmet need is that they are spending too much time looking for parking. This is not only a huge waste of time, but also very unnecessary. I believe that with the technology we have today, we can eradicate this waste of time by implementing the right technology together. I would provide a way for users to locate parking quickly through the use of their phones, eliminating the need for them to look for parking physically.
3) My customers all have this in common; they need to park and they need to do it quickly. The beauty of my app is that it can reach out to a variety of different demographics. Ideally, I would begin with people in their 20's and 30's who are comfortable using their smart phones and who have places to park. This age range has a good balance of being technologically hip and also going to places that require parking such as school, work, airports, amusement parks, etc.
4) My customers care because this is a real problem that I believe we can all relate to. With the feedback I've received already, I had no problem convincing people that this was an app that they would purchase and use. In fact, they were hoping that an app like this would be developed soon so that they could try it.
5) My core competency would my product's uniqueness. I have yet to find an app that can do this and I'm confident that if created well, it would dominate the market for parking. I would have a head start and it would be very easy for people to try my app since there's nothing like it.
Hypothetically speaking, I believe that my business concept fits together very nicely. What makes it easy is that it's a very simple solution to a very common problem. The weakest element would have to be myself. I'm no app designer and I don't have the first clue to how I could come up with the technology to make this possible. I would have to talk to a lot of people who are much more experienced in these fields in order to get a better idea of how this can come to life.
Feedback Memo
My feedback was very positive and encouraging. Everyone could agree and share a time where parking was a hassle. Someone did ask me how I would be able to make all this happen and I had to be honest in this Idea Napkin that I really didn't know how due to my lack of expertise. I really enjoyed reading how people were able to relate to not only my idea, but also my life experiences such as moving a lot when I was growing up. Feedback is essential to any idea because it can really encourage one to continue pursuing their idea. It also helps them to see things from different perspectives that they wouldn't have been able to do before.
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