I feel the most important resource is safety. The car is
safe enough to protect the people inside the vehicle. People can sit and relax
as their car drives them across town. What makes it hard for my competitors is
they do not have bed in their cars or cars with solar panels. Designated Design
also has a futuristic look that only Tesla can compare to.
Opportunity
The need is more of a want. The good thing about Designated
Driver being a want is that it is worth its price. Many thing are considered a
must have want but do not live up to their expectations. Designated Driver is
actually one of the best cars to drive when comparing what it does to the
environment. Since Designated Driver is only battery and solar power it emits
zero fuel emissions. Designated Driver is not meant for people who do not have
money to spend. If you are someone who struggles to pay rent then you should
not be buying one of these cars. People currently have lane assist or Tesla’s.
Telsa is the only other company to run off of battery and not require someone
to have their hands on the wheel. The do have to pay attention but not as much
as a normal car would require. There is currently still a huge opportunity for
a self-driving car that has reclining chairs. Until there are cars that can fly
there will be a market for self-driving cars.
Innovation
Designated Driver is a set of cars that allow for people to
sit in relaxation while their car takes them to work. The cupholders keep
drinks warm or cold depending on what drink it is. Simply quick a button for
your car to pick you up from your front steps of work as it drives you home.
The hood and some roofs have solar panels so that the car can gain extra power
throughout the day. The power can restored and planned on how it is used. With
how much power is being provided the car almost is never capable of dying. The
base model will be sold at $40,000. The highest models will be worth a nice
house, all the way up to $250,000. The best models provide everything someone
could ask for in a car. The car even comes with a fridge that can keep thing
cool for up to 20 hours.
Venture Concept
Designated Driver will solve the issue with safety on the
roads. Many people die due to bad driving on the roads. People also fall asleep
driving and end up driving off the road into something. The reason people will
by my product is it offers everything someone could need. The car drives for
you, keeps you safe, and many more. For the people who like to help the
environment Designated Driver is the best car they could drive since it produces
zero fuel emissions. People would switch
to designated design because it is the future. Nobody could image a car that is
any better. It may take time for people to switch but once they find out how
they have an amazing car and are helping the environment they will never switch
again. Designated Design biggest competitor is Tesla. Tesla’s biggest weakness
is that they still have not made profit. Since opening they have only stayed
opened to funding. Another reason they are vulnerable is because no other car
company is like them. The best thing Designated Design has to offer as business
is their customer service. Taking care of the customer is the most important
thing. We would rather go bankrupt than hear that people felt they were treated
poorly by Designated Driver. For my business I would need a lot of workers. I
would need separate departments from service people to sales men to computer
scientist. There are so many aspects but for the headquarters and sales lots
there would need to be over 500 employee’s.
In five years I want to be the biggest selling car company.
With a goal that there will be millions of people driving a Designated Driver
in the next 3 years. I also want to become a inventor. I feel that I am good at
being innovative and changing products little by little. But if a company does
not continue to innovate it will go out of business in this day and time.
Seeing this company take off would teach me that anything is possible.
Feedback
Sadly I was
not given any feedback on my post. It is kind of disappointing when not receiving
feedback because it becomes hard to understand where you need to improve. When
someone provides feedback they are more capable of seeing what’s holding the idea
or product back. Luckily I did get some feedback on my “What’s Next” post. One
of my comments I received was where I was getting the funding from. That is the
plus of Designated Driver. I want everyone to have the amenities even if they cannot
afford it so Designated Driver would keep my side business afloat. Another
person loved my new idea and said they would love to see it in full action.
Changes
The changes I would make is to state where the funding is
going to come from. I know that having a luxury bus would cost a lot but the
luxury bus idea is not for profit. I feel that everyone should have the chance
to feel luxurious whether they have the money or not. Some people are privileged
to get all the things they have and others work hard. I want to show those who work hard, can see the pay
off. The bus would have equal or lesser cost of the other bus companies such as
Lynx. I also got feedback that I would need multiple busses. I would have to
start off small just because of the fact on how much I can be losing by adding
the bus company to Designated Driver. I was also told to leave the highlight
text out of my work. I guess it does that because I copy and paste my work from
word. I never realized that it has done that before until someone pointed it
out.
Hey there Daryl! Super great job with this blog post. I think that the idea of "a set of cars that allow for people to sit in relaxation while their car takes them to work" is very innovative and futuristic. Way to think outside of the box! Using luxury busses is definitely a good idea, very nice to know it is not a bout profit.
ReplyDeleteDaryl,
ReplyDeleteI also didn't receive any feedback from the previous venture concept post or the what's next post. I know how you feel. I agree with you when you said that safety is the most important resource. I like the concept of the roof and the hood having solar panels to recharge the car. I would like to see this concept come to life.
Hi Daryl,
ReplyDeleteYour business venture has been extremely interesting to follow over this semester. I agree with your opener 100% being that safety should be the number one concern, especially with a product such as this one. As a CEO it is always important to consider risks so great job with that. Also, it’s great that you’ve already thought about what your company design would need to look like with 500 employees and projected profit. Well done!