Friday, February 15, 2019

Idea Napkin No. 1


1.     I am a freshman at the University of Florida studying Finance and involved with Greek life. My talents include knowledge in bass fishing, ability to play ice hockey, and connecting with people. I aspire to be successful and continue to have a strong work ethic. I want to work to make people’s lives better and help them be successful as well. I think that this business could help my life because it would be easier to get food on the weekends for myself, and it would also help the companies make more money.
2.     I am offering to my customers the potential to make more money by opening their stores on the weekend so that they can gain more customers who want their products. This will allow the students to have good places to eat on the weekends and will also allow for companies on campus to make more money.
3.     My customers are students that are living on campus and do not have a form of transportation to get around.
4.     People would pay me money for my service because they need places to eat on campus during the weekends and the convenience of having places on campus open would be great for them, and I believe that they would be willing to pay me for this opportunity.
5.     I think that my ability to communicate and make everyone happy will allow me to make an agreement for the companies to open their stores on the weekend to allow for customers to eat there on the weekend.

I believe that my concept is solid and can be put into place on campus here at the University of Florida. However, I have some doubts about the customers willingness to pay extra money to have the shops open on the weekends. Taking all of these things into account, I think the demand to fix this problem is high enough to the point that I can gain a great number of customers.

Friday, February 8, 2019

Elevator Pitch No. 1


Testing the Hypothesis, Part 2


1. On campus student
·       Do you have a meal plan for on campus restaurants?
o   Yes, I have declining balance
·       How has your experience been with eating on campus on the weekends?
o   Not bad. I have a scooter so I can go where ever I need to on the weekends since it seems like everything is closed.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   I think they are like that because people that live off campus do not come into campus during the weekends for many things.
2. Kid who lives in his Fraternity house
·       Do you have a meal plan for on campus restaurants?
o   Yes.
·       How has your experience been with eating on campus on the weekends?
o   It hasn’t been all that bad. People in my house have scooters or cars and I usually go with them to get food on the weekends.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   I think it is because there aren’t many people that want to eat on campus on the weekends because it is either a far walk or not a great place to eat.
1.     Girl living in sorority house
·       Do you have a meal plan for on campus restaurants?
o   Yes, I have a small declining balance.
·       How has your experience been with eating on campus on the weekends?
o   I don’t know much about it because I always go off campus on the weekends since I have a car at the house.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   I think it is because they don’t have enough people coming into campus to be open for the whole weekend and have to shorten their hours or close down for the weekend entirely.
2.     ROTC Student living on campus
·       Do you have a meal plan for on campus restaurants?
o   Yes.
·       How has your experience been with eating on campus on the weekends?
o   Not too bad because I get up early so most of the places that I would want to eat at are all open.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   Probably because most off-campus students and students with transportation don’t need to go on campus during the weekend, and that’s why there aren’t that many people looking for food on the weekends.
3.      Student living in on campus apartment
·       Do you have a meal plan for on campus restaurants?
o   Yes.
·       How has your experience been with eating on campus on the weekends?
o   It has not been too bad because I choose to go off campus for meals on weekends since I have a scooter that can take me where ever I need to go.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   Probably because there are no classes and the restaurants just assume that there will be limited people on campus during the weekends.

Students Living on Campus with no form of transportation.
Students that live off campus or have a mode of transportation.
Places to eat on campus during the weekend.
Closed or limited hours during the weekends for the on-campus restaurants.
The only way people can get to the places is through transportation or a long walk.
Students are expected to eat off campus during the weekends because of the limited hours.



Friday, February 1, 2019

Solving the Problem


Opportunity: The University of Florida campus does not have good options for getting food on the weekends. This is because of limited hours and even some places closing entirely on the weekends. This causes students to have to choose from a limited selection of places, or even wander off campus to other places.

Solution: What the university can do is talk to the restaurants about their limited hours and closings and see if they can get them to open on the weekends. Even finding more convenient times to be open would be great for the University because it would bring more people on campus and bring in more revenue for the university and the eateries.

You Have An Opportunity, Now What?


The University of Florida campus does not have good options for getting food on the weekends because of limited hours and closings.

The Who: Students who live on campus
The What: They do not run have convenient hours and have closings on certain weekend days.
The Why: The restaurants do not think that there is enough demand to run their stores during the weekends so they either limit their hours or close.

1.     Freshman student
·       Do you have a meal plan for on campus restaurants?
o   Yes, I do have a meal plan, and I can eat unlimited times at the dining halls.
·       How has your experience been with eating on campus on the weekends?
o   It hasn’t been too bad because I can always go to the dining hall whenever I am hungry. But when I do want to change things up and eat somewhere else, it does seem as though there aren’t a lot of options.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   I think that they are closed because people do not really come on campus during weekends if they don’t have class, but the eateries are forgetting about the students who live on campus.
2.     UF Professor
·       Do you have a meal plan for on campus restaurants?
o   No. but I do eat at on campus places often.
·       How has your experience been with eating on campus on the weekends?
o   Not great. Whenever I try to eat at the restaurants on weekends they seem to be closed. Because of my schedule, I don’t have a lot of time on the weekends and I find it very inconvenient that they are always closed when I need to eat.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   There is less demand for the places because there are far less students wandering round campus and the eateries don’t think they can make as much money.
3.     Off Campus Student
·       Do you have a meal plan for on campus restaurants?
o   Yes, I have a declining balance.
·       How has your experience been with eating on campus on the weekends?
o   It has been awful. The places I like to eat on campus are almost always closed when I want to go to them.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   I think that they assume that there is going to be low demand but, it would probably be high because there are still a lot of people that would want to eat at the places.
4.     Sophomore living in his fraternity’s house
·       Do you have a meal plan for on campus restaurants?
o   Yes, I have declining balance.
·       How has your experience been with eating on campus on the weekends?
o   It doesn’t bother me too much because I have a scooter that I can take to go get food off campus.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   I think it is because no off-campus students go into campus to eat on the weekends.
5.      Online Student
·       Do you have a meal plan for on campus restaurants?
o   No.
·       How has your experience been with eating on campus on the weekends?
o   When I have come into campus for office hours or things like that, they are usually closed so its awful for me when I need to eat something.
·       Why do you feel that the restaurants are closed or have limited hours on weekends?
o   I think it is because there aren’t a lot of students on campus during the weekends so the places feel like they can close and save time and resources.

Summary: I find that people who live on campus are the ones that are affected the greatest by the short hours and closings. Although it may not seem like all people are affected by it, out of all the people I interviewed, most of them agreed that the weekend hours are inconvenient and need to be fixed. People with declining balances also seem to be affected a lot more than people with the unlimited dining hall plan. I know that this opportunity still exists, and does affect many students at UF.

Thursday, January 24, 2019

Practicing Opportunity Identification, Cont.


Economic

11. Tax Reform
·       I found this opportunity after hearing President Trump talk about the possibility of reforming the tax system. I think that there is an opportunity to improve here because we currently have a problem with our tax system. I believe that there is opportunity here because many people have problems with the current tax system and want it to be changed. Some people believe that we have a serious problem with taxes. They believe that the poor are getting too much money taken from them, and that’s why they are struggling. The customer that would think that tax reform would be good would be the poor and middle-class people. This is because these two groups of people are getting taxed very heavily and think that the government should ease back on them. I think that this opportunity will be difficult to exploit because there are a lot of people that would be affected by the changes. In addition, I do see a clear problem with tax reform because no matter how the tax system is, not everyone will be happy. If it is changed from the current system, you will see the government get mad because they won’t be collecting as much money. Also, the rich people will be mad too because they will have more money taken then anyone that pays taxes.
22. Minimum Wage Change
·       I found this opportunity from seeing online and on the news that many states and areas will attempt to raise their minimum wage. I think that there is an opportunity here because many people believe that they aren’t making enough money off the current minimum wage in some areas. It is clear that if people are making more money, they will hopefully be more stable and be able to contribute to the economy in a more positive way. The people that would appreciate this the most would be younger people that aren’t making a lot of money and can only work for minimum wage. Also, people that can’t get jobs other where because of criminal records or limited experience would appreciate a raise. I think that a raise would be difficult to exploit because with increased pay comes inflation. If everyone raised minimum wage, it would just lower the value of the dollar and make it more difficult to buy things.

Regulatory

11. Alachua County raising age to buy tobacco to 21
·       I found this opportunity when my friend sent me an article saying that Alachua County just recently passed a law that no person below the age of 21 can buy any tobacco products. I think that there is an opportunity here to prevent minors from becoming addicted to nicotine because there is currently a big problem with younger people becoming addicted to nicotine through things like e-cigarettes. I think that this opportunity is for younger people because it hopefully will prevent them from becoming hooked on nicotine products at a young age. Because of this law, it will make it more difficult for kids to be able to purchase products that can be harmful to them. Hopefully this law will be easy to exploit so the early addiction can be prevented, however I feel as though it may be easy because minors can still get alcohol easily although they may be far underage.
22. Cyber Security
·       I came up with this opportunity after seeing all the attacks that have recently been happening with large companies. This is a serious problem because as we grow as a country, we become more dependent on the fact that technology is growing and becoming way more important in our day to day lives. I think that this opportunity exists because people that may feel unsafe with their information online may feel safer if they are ensured the safety by companies. If more people can feel safe online, then they will be more willing to buy things or put their information in. The people that would benefit this are the customers and the companies. This is because the customers would be more willing to put information online if they knew it was secure. For companies, they would be able to ensure their customers information is secure. I do think that this would be difficult to exploit because there is always going to be someone that is going to be able to get into the system and potentially steal or tamper with the information online.

Identifying Local Opportunities


Shutdown is costing our economy billions. But the cost in lost faith in our democracy is incalculable.
This article is about the economy crashing a bit because of the government shutdown. The article gave specific details that showed that not only are we losing a lot of money, but people are getting frustrated with how our democracy is today. The problem that we are facing is that we are losing money because there is disagreement in our government. This also leading to people not trusting our democracy. The people that have the problem are government workers and everyday people. A lot of workers are currently not getting paid, and the everyday people are losing confidence in the government.

‘No information' on motive in Sebring bank shooting that killed 5 women, cops say.
This article gives a rundown about what happened in the bank robbery that occurred in Sebring. The man that was robbing the bank ended up killing 5 people after robbing it, and then shortly after turned himself in after a little while. The problem that was presented in the story was that the people’s money and safety were at risk during the intrusion. The problem presented effected the people that were in the bank at the time, because they were in danger.

Coast Guard searching for cruise line crew member who went overboard.
This article talks about the possible death of a cruise line worker who likely went overboard during a 5-day trip to the Bahamas. They ended up needing the coast guard to help them look for the overboard worker. The problem is that a worker went overboard, so they have to go and look for him, which spends a lot of resources. The problem applies to the people that have to look for him, because the responsibility is almost entirely on them to find the man lost at sea.

Mom spanked other parents' kids with a belt, wooden spoon at sleepover, Florida cops say.
This article is about how at a kid’s sleepover, the kids were beat with wooden spoons, belts, and even shoes. They were beaten bad and didn’t know what for. Apparently the one kid’s mom that was beating them had been drinking that night. The problem presented was because the mom was beating kids that weren’t hers and they were defenseless. The problem was presented to the kids because they were in danger and didn’t know what to do.

Florida really is among the worst states for highway safety.
This article is about how unsafe the highways are in the state of Florida. This was found to be true after the ratings for the 50 states came out from the Advocates for Highway & Auto Safety. This is a problem because it makes people feel more unsafe while driving the highways in Florida and may even make the roads more unsafe for people. The problem is presented to people that use their highways because they are in more danger than any other state.