Idea Napkin No. 1

1. I am a college student pursuing a major in English and a minor in Innovation. These two degrees strengthen my natural talents in writing and literature while also helping nurture my entrepreneurial side. My talents are heavily stemmed from writing and reading/analyzing in general. My skills again involve writing, writing under a deadline, pursuing research and sources for articles, and experience in committing to a long-term cause. With my business, I see it as a way to help me grow in my leadership skills and capabilities of managing a business well.

2. To my customers, I offer them free/rentable chargers. College students in general study in multiple places, and the library is a hotspot. However, there are only so many places for a student to charge their studying devices. With a system that rents out chargers or offers wireless chargers that can charge computers and phones, my customers will have greater access to their overall studying, which in turn will increase their success in college.

3. My demographic will college students. Basically anyone who is enrolled in a college is given accessibility in being able to obtain a charger or wireless charger for their own personal studying while at the library. Students studying at the library are concerned more about being able to put their time to good use to earn good grades and not be frustrated over lack of plugs because other students reached these areas for themselves first. All my customers have in common their desire to study, and study well.

4. When it comes to effective studying, my customers will of course want nothing but the best product to help them achieve this. How can they study well if they don't even have enough battery life for their laptops? My product will be a simple solution for a large problem that affects students in varying forms as they study for their exams. With my product and overall service, my customers will worry about one less thing and can devote their time to earning good grades.

5. What sets me apart from everyone else is that I have gone through the same dilemma. I have studied multiple times at the library, and at one point I needed to leave early because there were no plugs for my charger, limiting my time and access to study. I know how this dilemma feels for other students. What I have that nobody else has is patience, and a lot of it. Building a business from the ground up requires delayed gratification and going step by step through the setting up of a business in order to succeed well in entrepreneurship.

I believe in general that my five points coincide with each other well. They all involve the problem at hand and the various factors involving it, as well as the possible solution to said problem. Maybe with 3 I can specify my demographic even more, like aim for college students that belong to other factors such as long study hours and more intensive classes/majors to study for. My product and service is a simple solution to a common problem that can be easily fixed, and these 5 points further specify what I can attempt to do.