11A - Idea Napkin No. 1

1.     Me – My name is Joshua Shane Philoctete. I am a talented artist and musician. I have engineering experience, specifically with prototype design, which gives me an edge in problem-solving. As far as my aspirations, I would like to be a successful musician and artist, and have that lead to me building my own artistic brand. I would also very much like to open an all-vegetarian and vegan fast food chain.

2.     What I’m Offering – The product/service I am offering to customers is a vegetarian/vegan fast food restaurant.

3.     Who I’m Offering it to – I want to create this sort of fast food vegetarian/vegan restaurant for the vegans and vegetarians ( in Gainesville, for example) who don’t have time to meal prep all their food and don’t want to have to shell out lots of money on eating out.

4.     Why do they care? – Customers will pay lots of money for this sort of fast food restaurant because as the number of plant-based eaters grows in society, the lack of easy places to grab food that doesn’t ruin the wallet is becoming more and more of a problem.

5.     Core Competencies – For one, I am a plant-based eater. So this problem applies to me as well, which means I have first-hand knowledge of how this problem affects my customers. I also have very strong people skills and customer service skills in general, so I am very good at identifying an individual’s problem at its core and coming up with an efficient solution that leaves them happy. This would work out very well in a restaurant scenario.

I feel like all of the elements of my business plan blend well together. I would say the only elements of my business plan that wouldn’t fit as much with my business idea is me, really. My skill set may not necessarily suit the goal, but I don’t think this is extremely important, because all the other pieces fit really well.