11- Idea Napkin no. 1

I am a third-year business student at the University of Florida hoping to graduate with a Master’s degree in International Business after my fourth year at UF. My talents include sales and graphic design, which are essential parts of the business development process. I hope to be able to work hard enough in my first ten years out of college so that the rest of my professional career can be a management level position. This would be a part of my idea for elevator optimization, being able to be in on the idea from the ground floor, no pun intended, then managing or owning the company and being able to relax and reap the seeds of my early work.

I am offering an upgrade that can change the lives of millions of people around the world, saving incremental amounts of time in waiting for elevators using variations of a patented computer program that customizes the elevator prioritization to the preferences of the building owner or the elevator company that purchases the computer code.

I am offering the variations of the programs to the real estate companies that make the buildings that require the elevators or even sell to the elevator companies themselves. I would consider selling exclusively to one elevator company if the price is right or even multiple industry leaders.

These customers care because once the programming is out in the world, it will be the gold standard for elevator use. People notice when an elevator is running poorly, never when it is independently running fast. If someone’s home elevator runs inefficiently, they will notice the difference between that and their business’ elevator by comparison. Therefore, the population will desire it and the customers will need to supply it.

What sets this idea apart from others is that it is niche and in a stagnant industry. What my team will have is this, the patented lines of code and its variations so that the idea and the basics cannot be stolen and recreated by other efficiency firms or the customers I wished to sell to.

               The five elements discussed above all mesh together, in my mind, having worked on this idea for the past few weeks. The idea of in-house development of his program by real estate companies is almost out of the question, it is simply not what they specialize in. Working for an elevator company or starting my own, however, would be hard to penetrate and raise new ideas. Working as an outside firm with no limitations on my own ideas and not being a part of one specific industry gives me and my workers the creative freedom to succeed and profit from our work.