Saturday, June 20, 2020

Idea Napkin No.2

1. You
My name is Sophia Rodriguez, and I am a first-year Business Administration student at the Warrington College of Business at the University of Florida. As a freshman in college, I have started to gain valuable skills to enhance my leadership through partaking in the Leadership Development Program. Leadership Development Program is "an organization...that enables participants in the school to learn the steps to grow personally and professionally, pursue involvement opportunities, and establish a network through mentorship and experiential learning". The opportunities to network with my mentors Ben Sisarsky and Lexi Stoloff, who have gone to do jobs at Blackstone Group and Proctor and Gamble. As a person who is continually looking for the next step in their academic journey, I am looking to pursue law school to further my education on how the law works and propose legislation to assist future generations. 

2. What are you offering to customers? 
I am offering a way for future generations not to worry about student loan debt. I will be proposing an educational initiative to use portions of Florida taxpayer's dollars to fund our future generations of a college education. 

3. Who are you offering it to?
The service is being proposed and offered to investors to enhance and curate the taxpayers' funds to go towards incoming high school graduates' college education at the Florida public universities. 

4. Why do they care? 
The customers who will partake in this initiative will care about it because it will reduce the amount of debt from student loans beginning in the state of Florida. This initiative has the potential to go and attract other states to do the same to reduce the amount of student loan debt in this country. If anything, this initiative will assist people and being motivated to pursue professional degrees without the threat of student loans holding them back. 

5. What are your core competencies? 
By partaking in a law program this summer, I have learned that the majority of incoming lawyers for law school have degrees in political science, philosophy, psychology, or/and sociology. Personally, I am coming from a business degree before attending law school, which sets me apart from the many applicants in the pool. Learning these business skills before attending law school will provide me with a more well-rounded approach to how to propose legislation. 

Personally, I believe that the part about what I am offering to customers can be perceived as very vague because it is tough to learn which segments are the best to market this initiative. This product has many market segments, which include investors, shareholders, stockholders, incoming high school seniors and their parents, etc. Learning how to divide the market segments is critical for any business to find success. When proposing laws, I am looking at the information given to me from the incoming high school seniors because they are ones leaving and starting to apply to college. They all mentioned to me that college is expensive and they want to pursue professional degrees beyond their Bachelor's. It is complicated to find out the proper and best segments to market this initiative effectively. In my last Idea Napkin, I received feedback from Bridget, and she asked what kind of policy I am looking to implement and how I plan to achieve it? To answer Bridget's questions: I believe that the type of procedure I am looking to implement is one that reduces the amount of student loan debt by using Florida taxpayers' money to fund students' college education. I plan to meet with legislators in the state of Florida and hopefully Florida senators and the governor to propel this initiative into action. I have used Bridget's feedback to enhance my response from Idea Napkin #1 for number two of this Idea Napkin, which is of what I am offering to my customers. 

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