Entrepreneurship Week 1 – Class 2

The Business Plan Part 1- Find a business idea Part 2 – Talk with customers and make a marketing plan Part 3 – Describe how the business will operate Part 4 – Explain the finances of the business

Where do you find a business idea? Your hobbies (what you do for fun) Your needs Needs you see around you Opportunities created by change

What new ideas are being tried? www.Kickstarter.com Post a product idea Ask for support Give a “gift” to supporters Great way to test support for a product.

Kickstarter Format Game Idea

Kickstarter Format 840 backers – (number of people who pledged money for the project) $64,365 pledged of $10,000 goal (money pledged so far) 11 days to go (when the project offering ends) This project will be funded on Fri, Jan 8 2016 2:00 AM +04:00. Marshlands is the 3rd exciting expansion, after Nomads and Crossroads for the award winning game Kingdom Builder by Donald X.Vaccarino. (description of the authors)

Kickstarter Examples Book 30 backers $1,897 pledged of $4,500 goal 18 days to go This project will only be funded if at least $4,500 is pledged by Fri, Jan 15 2016 3:31 An art book, containing the photographs of Daniel Southard, transcendent images bringing together plants and humanity.

Kickstarter Examples Crafts 1 backer $46.00 pledged of $2,500 goal 9 days to go This project will only be funded if at least $2,500 is pledged by Wed, Jan 6 2016 10:03 AM +04:00.   Here you will find organic nursery wall art. I made all my arts from start to finish using only my 2 hands :)

Kickstarter Examples Game 375 backers €14,382 pledged of €10,000 goal 24 days to go  Berlin, Germany  Tabletop Games One of the greatest card games in a way you have never seen it before!

Kickstarter Examples Game 1,658 backers $29,319 pledged of $5,000 goal 6 days to go Layton, UT  Tabletop Games 3-5 Player Bluffing Game that plays in 15-20 minutes. Dungeon Busters is a quick, light, family filler game for ages 7+.

Kickstarter Examples Clothing 7 backers Fr 1,270 pledged of Fr 7,500 goal 4 days to go Basel, Switzerland  Accessories Is your favorite jeans too damaged to wear? Don't throw them away! Send them to us and we will sew them into your own personal bag.

Kickstarter Examples Photo book 51 backers $3,553 pledged of $3,000 goal 21 days to go Brooklyn, NY  Photobooks My second photobook; a richly colorful visual story about our common humanity, shot on travels through India.

Kickstarter Examples Photo book 159 backers $8,466 pledged of $3,500 goal 3 days to go Antarctica  Photobooks The White Desert is a photo project, documenting the fragility and beauty of the planet, from the Arctic to Antarctic regions!

Kickstarter Examples Jewelry 0 backers $0.00 pledged of $1,500 goal 12 days to go Monroe, WI  Letterpress Hi I fell in love with Stamped Jewelry after my Dad passed away. I want to share the uniqueness of it with everyone! Beautiful jewelry!

Kickstarter Examples Jewelry 8 backers $814 pledged of $4,000 goal 20 days to go Hamilton, Canada  Crafts Bringing Laser Cut Jewelry and other crafts to BuBuBijou

Kickstarter Examples Technology 893 backers Fr 151,697  pledged of Fr 125,000 goal 13 days to go Zurich, Switzerland  Technology A credit card sized microscope that connects wirelessly to your smartphone - Discover the microcosm in all its facets wherever you are.

Kickstarter Examples Technology 310 backers $35,086 pledged of $20,000 goal 33 days to go Columbia, MD  Gadgets mojoe™ is a travel mug-sized portable coffee maker that brews fresh coffee and tea on the go via car, wall, or rechargeable battery.

Kickstarter Assignment Review KickStarter products that look interesting. Pick one that is well funded. If people want to fund the product, it must be an interesting product. After you understand the product, answer these 4 questions: What is the business idea? What are they selling? How much are they charging for the product? What do you think is good about the business idea? Most Kickstarter products never get any money. Why is this one successful? How could you make the product better? If you could talk to the people selling this product, what advice would you give them? Now that you have seen this Kickstarter product, can you think of a product you could make that would be successful on KickStarter?

We will review the main parts of a business plan Next Class We will review the main parts of a business plan