11A – Idea Napkin No. 1


1. My name is Rogelio, a junior currently studying Business Administration. I would define myself as the curious type, I am always trying to find solutions for every problem and trying to figure out how things function. My skills are found in different areas of expertise, I can say I am really good at playing basketball, this activity has given me the opportunity to obtain a scholarship outside my country in California to play for St Genevie High School. A year ago I got a degree in General Science, while at the same time my lifeguard certification from the Red Cross. My aspirations is for one day to become a great manager for a big company, then opening my own businesses. One of the biggest projects I have in mind is to create a solar panel company, which would be a great fit for me since I will be having a degree in business and the other one in science, I would like to be the kind of boss that is more seem like a leader, leading employees to achieve great personal goals and the company’s goals.

2. What I am offering to customers is not only the commercialization of solar panels, but also the services of installation, electricity control and maintenance. This product will target customers who are trying to save money on electricity bills, while at the same time, those who are interested in saving our planet from pollution that are created by carbon generated by normal sources of electricity.

3. The reason why I think this product will be great for the market is because usually solar panel companies only sell their products, they don’t really help their customers with the other services I provide. My target is principally people from California, this state will soon pass a law that requires solar energy as a source of electricity, also, has no taxation for customers when buying these products. My hopes is to expand this business to outside the state, a great example would be Florida, since solar ray exposure is perfect for this product.

4. People care for different reasons, because they want to save the planet and because they want to save money are the biggest causes customers would be interested in this service. Customers would be more than happy to invest in a product that within ten years it will save them more than 9 thousand, on average, on their electricity bills and will have control over this.

5. My customer service would be the thing that would set me apart from everyone else, also the variation in products, since different houses require different amounts of energy, therefore different products. Currently prices for solar panels can be really high, I will try to optimize the best price for a good quality in our products.

I believe that all elements of my opportunity fit together, having in mind that the product I offer benefits everybody that uses it can help my business grow. This product doesn’t focus on age, gender or any other kind of categorization. The only ones that wouldn’t be within the ranges of market would be those ones who don’t want to save money in the long run but rather save at the moment and also people who rent apartments and are constantly moving for one place to another.

Comments

  1. Rogelio,

    Excellent description of every aspect. You really seem to have a good plan in the works. I really hope you pursue this further because of the significant impact you'll have on people, and the planet. I also like how you mentioned you have a background in both science and business. This business idea is a perfect use of both those skills. Great post!

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