11A Idea Napkin #1
1 I am a motivated foodie who is sick and tired of people accepting subpar food as the norm. That comes in every situation, but mainly at sporting event/concerts. I have always wanted to open this business not just for me but for my brother as well. He has Asperger’s Syndrome and I always wanted to do this business with him as a way for us to continue to be close as we get older.
2. I want to offer my customers high-quality comfort food to at a price that won’t break the bank. I also want this to become a go-to spot for those wanting some good food after a night partying, a great concert, or a huge upset in the Swamp.
3. I will be offering this to the college kids and fans that attend local concerts and sports events in and around the Gainesville area. The target customer for my food truck will probably be the 18-30 age group. This group is both very adventurous when it comes to trying new things but also are looking for options that will be more cost-effective. In this group, you can find a wide range of people from the college student looking to have a good meal besides eating at the dining hall to the young parents looking to feed their family on an affordable yet yummy option that the who family will enjoy.
4. Compared to the products they can get at the stadium that are extremely overpriced or not as fresh as it could be, I feel my options that will be provided from my truck will be a vastly better deal both from a price standpoint but also from a quality standpoint. The value that they will receive from my truck will cause them to choose my truck rather than the competition.
5. Our recipes will come straight from our mothers’ recipes. These recipes have been passed down for generations and I know that these recipes will be a huge hit in the community. Also, since my brother and I are college students that are currently trying to make it in this world. The amount of support we can garner from the local community to support us as we pursue our dreams could be a huge marketing move for us that could generate profits down the line.
I think based on the 5 elements that I’ve discussed in the above section of this post. I feel that these elements seem to mesh together very well. They complement each other in a way that could evolve into a very profitable business for not only my life but the lives of my family. If there was one element that I feel could be weaker than the rest it would be element 5 (what makes us different than the competition?). There could be a stronger competency out there that I am not able to recognize at this juncture but hopefully I’ll be able to find it by the time this process is completed.
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