Idea Napkin No.1

Idea Napkin No.1

1) You. My name is Toshi Nandan Reddy Chintala. I am a freshman at the University of Florida and majoring in computer science. I am a National Level Roller Skater and I can easily persuade others. I am time-bound and really like to be organized. My aspirations as of now include starting my business idea back in my home country. I will work relentlessly to ensure its' success.

2) What are you offering to your customers? I am giving my customers the opportunity to compete in competitions either for prize money or just for experiencing the fun of competing against others. This way, the customers will be able to showcase their talents and at the same time know how good they are at what they are interested in.

3) Who are you offering it to? My main customers would-be students who are willing to portray their skills either for the purpose of earning money through winning in competitions or for putting it on their resumes/applications to colleges/jobs.

4) Why do they care? College admission officers and employers look at the overall development of the person and how good they are in comparison with others. So if the students can prove to the admission officers and employers they would have a better opportunity to get placed. Also, as all these competitions are online, it will be easily accessible without any time constraint.

5) What are your core competencies? The convenience the product offers to the students will be of great benefit to them. Also, in the long run, I am thinking of associating with universities and companies where they could host their own competitions. This way, the students get to participate in competitions with high value.

I believe that these elements might work together. I am not 100% certain about the success of it and I feel that the product requires many more additions and changes to make it top-notch. However, I feel that spending time on this product will be a great learning experience for me.