i recognize a demand for late night food service at my university. while most college campuses have restaurants and food delivery businesses open late night, at least on weekends, all my campus has is a 24 hour burger king. everyone is sick of burger king, but thats all we got so the place is packed every single weekend, and mondays and thursdays (bar nights).
id like to capitalize on this demand for late night dining by buying a franchise which delivers cookies and brownies every night until 4 am. this company has been immensely popular at state schools, and im hoping it will do the same at my university.
i still havent decided if i will follow through with this, although a representative from the company is expecting an email from me so i should figure out what i want to do pretty soon. one thing im wondering is how this experience will look on my resume. assume the business is successful, will the fact that i effectively identified a demand for a service and profitted by opening up a franchise look impressive to a BB? or will they be much more interested in the young entrepreneur who started a non-profit that works to provide clean water to villages in ethiopia?
looking for any thoughts on this.
thanks
dude do you really need a franchise to sell cookies... do you mean the girl scouts? it sounds like there is demand for late night food, but I dont think that means door to door cookies. Perhaps buffolo wings and subs.
do your market research, determine your competitors, there are late night food at dorms, pizza deliveries, vending machines. they'll need to pay premium i you start your business, hows your cookie's price goig to compete with them.
basically do a research before you contact for suppliers, otherwise it'll fail.
Northwestern?
LOL! me and my friend were JUST thinking of the SAME idea....earlier today....get at me on aim LLL2429 asap....I already have this all planned out..
mach387 don't you go to Baruch? What is missing in Manhattan?
^^^absolutely nothing, you can go out at 2 -4 am and you can always get anything....but i have many friends who go to college in the Boston area, and they tell me that after a certain time, you can't even get a sandwich...which really sucks. So thats where my idea came in.
This could be one of the things that'll make you "stand out" within the myriad of resumes recruiters sift through. It can only help you in a future interview, as it shows your ambitiousness and entrepreneurship. Go for it
"This could be one of the things that make you "stand out" in your resume and can only help you in a future interview. Go for it"
Personally, I find this endeavor idiotic. It's a massive waste of time and shows little entrepreneural achievement. There are better and more technical ventures to pursue.
Selling door to door cookies and brownies. What are you, a girlscout? Use the time to study finance, get an internship (or educate yourself to), make your own portfolio, bring up your grades.
^^^He can easily pursue this venture as well as participate in an internship and maintain high grades. Obviously, this endeavor shouldn't come at the expense of lower grades, or passing up a good internship, but the worse he can do I think is not try. Sometimes, even the simplest idea can be the source of a great business.
", but the worse he can do I think is not try"
The worse he could do is waste time with this BS. Recruitors don't look for cookie and brownie salesmen. That's like putting "working at Mcdonalds" as an extracurricular.
Time doesn't grow on trees. There is a ton of finance oriented stuff he could do, and mention it on his cover letter/resume.
If I was talking to this kid, I would rather hear a story about his portfolio and his asset allocation than listen to how many 2 dollar tips he got.
Better yet, he could spend his free time writing equity research reports, getting them critiqued, or creating an investment blog.
I disagree that this is like putting working at mcdonalds on my resume or like going door to door selling girl scout cookies. i think it would be a good experience to open a franchise, something most college students dont get to do.
however, i do share sternfox's concerns that it may be a slight waste of time, or that my time could be better spent elsewhere. im already involved in strong ECs including the finance group on campus, im already spending time independently educating myself about financial topics and building a portfolio, as well as pursuing internship opportunities... but one thing i need to focus on next year is bringing up my gpa from a 3.3
think this venture will really be that time consuming? and if so, is it worth the time to make me stand out in interviews?
Absolutely, go for it. Nothing entrepreneurial will hurt your CV! If I were you I would try something different than cookies and brownies, you have identified the need, but your answer to it just does not meet the demand. Also what are they charging you for the franchise? How soon can you get your investment back? How long are you planning to live in that particular town? There are many things to consider before starting a business, but if you have done your marketing research and think will be a good thing, go for it.
Good luck
my school has insomnia cookies, their cookies are amazing, especially when everyone's stoned. The only thing I would say about opening one is, why would you want to? It will be tons of work, college is supposed to be fun. Save the work for later.
check out cusnacks (i think cusnacks.com) some Columbian started it up and has gotten some accolades for it and its been pretty successful
I think it will be hugely time consuming, but it will look great. The question you have to ask yourself is, do I want to sacrifice my time in college (that you will never have again unlike working) to better my career opportunities. Because once you start doing it, theres no turning back you have to go balls to the wall because its not easy.
if you're doing this solely to boost your resume, don't do it. if you're in for the entrepreneurship experience, go for it. especially you study at northwestern, who's going to be willing to door-to-door deliver cookies in freezing winter? if you insist, by all means start it. just don't talk and not do it.
yeah im wondering who the hell would work there myself. especially since its a late night thing. maybe some of the shady townies are up for the job....
let me hear about it after you've started.
Did this guy start insomnia cookie?
I would love to see your projections for this business. I can't imagine college students would pay a premium for gourmet cookies and brownies delivered to their door when they can just pick up a cheap pack of oreos at the supermarket. To be honest, this venture sounds pretty shady too. Sounds like you're delivering edible weed. That would yield better profits.
Nearly a decade old thread, but I wonder what this guy is doing now. Selling cookies?
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