Wednesday, March 9, 2016

Idea Napkin No. 2

    When it comes to my business concept, I feel that a huge aspect of it is definitely to describe me as a person. I am an animal sciences major here at UF, and hope to attend vet school after my undergrad. I have a lot of experience working with animals, and that is also what comprises a lot of my compassion in life. As a student in the college of agriculture and life sciences, I felt as if creating a business idea that includes both agriculture and animals would be perfect for me, as I am also very compassionate about the agriculture industry and the way meats are produced today. That is why I think that my company, "Pure Ag" will give customers the benefit of knowing that they are eating pure, organically produced food that is also not ridiculously harmful to farm animals. This type of business idea would definitely appeal to people like me, who want to eat natural foods with meats that are produced in the correct way. This is important because nowadays, every other food chain and brand does not take any pride in the way that they produce their meats, and just bring out low quality, unhealthy foods for their customers. I think that the aspect which will set me apart from other organically producing food companies would be the fact that mine would be open to selling its food in any store and not creating a whole separate store like Trader Joes or Whole Foods, for it. I also will aim at bringing much lower prices for my organically produced food, as compared to other organically and naturally producing food brands. I believe that this will be a key element in getting people to purchase my food. 

   Overall, when speaking of my business venture, I do feel that its aspects fit together quite well, with a little bit of room for improvement, of course. When it comes to the money related aspect, I have yet to figure out just how I would successfully produce higher quality foods at a low price. From the feedback that I received on my last napkin idea post, I truly figured out who supportive and in favor people are of this idea and topic in general. That proved to be quite motivating for me. I also liked how people shared their own experiences with the type of food that they choose to eat, and also how they are slowly getting in to this trend of organic foods. The really important feedback for me was definitely the money aspect of my business and how I should address that. In addition to that, the competition I will have was also good feedback for me to acknowledge.

4 comments:

  1. Hello Minaa,

    I really enjoyed reading your Idea Napkin. I thought it was constructed very well and outlined each point clearly. Although I do not share the same views as you regarding the meat industry or organic food, I like how your passion regarding these topics has driven you to develop your idea. I usually try not to think about how the animals die or how theyre treated. You can check out my post @ http://gainzvillebloggers.blogspot.com/2016/02/idea-napkin-2.html

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  2. Minaa,

    I think that it is very clear that you know quite a bit about the industry that you would be entering. You stated clearly how you would try to accomplish your goals as a company. I am curious how you think that you would be able to bring the prices of organic food down. I would have to assume that like the market for anything else, the only way to bring down prices is by having a lot of competition. The only other way I see it being possible is if you have some sort of alternative to the current way that companies organically raise animals. All in all, this was a well thought out idea napkin, and you can check out mine here:
    http://christheentrepreneur.blogspot.com/2016/03/idea-napkin-no-2.html

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  3. Hey Minaa,

    I think it's awesome that you're going down this path - especially if you like animals and agriculture, you can leverage your interests by basing a business off of them and that's really cool. That being said, you mentioned that you would cut costs, my question would be: how? There is definitely a lot of overpriced competitors, I agree with you. But if you can answer how you would make your idea scale-able, your plan for bringing your food to healthy stores and how you would make it cheaper that would be cool. Good luck with your idea!

    Please review my blog post here when you get a chance:
    http://sadokh.blogspot.com/2016/03/idea-napkin-no-2.html

    Thanks,
    sadok

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  4. You did a great job on this idea napkin and I love how you made adjustments from your first napkin. I love how you incorporate your knowledge about this industry and think you have a great target market. I also think the people trying to buy natural foods is a growing market and that people would definitely be interested in your idea. Check out my blog post at: http://usingmediaforgodsglory.blogspot.com/2016/03/idea-napkin-no-2.html

    ReplyDelete