Idea Napkin No.1

1.     I am Donovan Vazquez the Chief Executive Officer of DON Enterprise. I am a motivated worker, who always looks to lead teammates while also being a team player and listening to my peers. My entire life I’ve worked miscellaneous jobs like waiter or valet, these jobs gave me insight to different business models and also taught me the value of hard work. My business is a new 2 in 1 washer and dryer that we look to make a standard in modern homes. I see this business, should it start, collecting every ounce of my focus and every drop of sweat. I would like to see the 2-1 washer and dryers become a standard in homes that already have both.

2.     My business offers a 2 fold service. The first service we have is simply the education, sale, delivery, and installment of your 2 in 1 washer dryer. A representative will make house calls or representatives in department stores will advise the customers and guide the process. The second element of the business is collecting the old washer and dryers as sort of a trade in for the new 2 in 1 system. The ease of the 2 in 1 system, coupled with the incentive of trading in 2 or 1 of the customers old systems for credit towards the newer easier washer dryer combo is a benefit to the company and customer.

3.     We offer these systems to a wide array of customers. An industrial sized 2 in 1, and a coin laundry 2 in 1, can allow us to sell to big laundromats that already exist. Additionally, we will sell most of the systems to homeowners who already have old separate systems, while also educating new homeowners and buyers of buying the 2 in 1 system instead of separate ones.

4.     Customers will pay money for two reasons. The company would be rooted in customer service and the ease of working with the company will make customers more inclined to buy. The second reason is the main 2 prong business model allows for optimal revenue while also aiding customers in the transfer to our newer more efficient system. The hassle of having to switch clothes between cycles, and time your daily activities around the switch is no more. The 2 in 1 system allows for one drop-off of dirty clothes and one simple pickup of your washed and dried garments.

5.     Again, our superior customer service, much like Apple and Amazon, will set us apart from other methods of purchasing a washer and dryer. Our “old system out, new system” in plan adds an easier option to customers other providers cannot complete.

I think the elements I have fit well together. The existing model is a recipe for success and the target markets are well planned and easily attainable. I really think this company can make the conventional methods of getting a washer or dryer, and buying separate systems obsolete. One thing I would like to work on is bettering ways to reach out to the customers and homeowners that other companies do not use. With hard work and focus, this business plan will be very successful, while also helping the worlds simple tasks become simpler.