Idea Evaluation Assignment
Fundamental of Entrepreneurship
ENTP210
CRN:
Lecturer: Priscilla Bahaw
7/10/2013
Fundamental of Entrepreneurship
ENTP210
CRN:
Lecturer: Priscilla Bahaw
7/10/2013
Student I.D - 0004873
Student I.D - 0004873
Twenty Five Business Ideas 1. Cordless Iron 2. Key Finder 3. Flying Cars 4. Solar Powered Tablets 5. Solar Powered Phones 6. Passenger Shuttles That Take You To Visit Space 7. Miniaturized Medical Equipment 8. Phones With Interchangeable Parts 9. Food In The Form Of Pills 10. Electronic Pens With Predictable Text 11. Virtual World Gaming 12. Machines That Can Predict Future Sickness Your Body May Contact 13. Super Machines That Can Cure All Diseases 14. Robots That Build Skyscrapers In A Week 15. Computerized House Interfaces (Smart Homes) 16. Wares That Clean Itself 17. Stoves That You Can Program To Make Specific Meals 18. Airbags That Wrap You In A Protective Cocoon When Being Involved In An Accident 19. Electronic Paper 20. Portable Water Purifiers 21. Pop Up Housing 22. Faster Commercial Airplanes 23. A machine that can convert air into water 24. All in one survival kit for school 25. A cloning machine
Business Idea | Demand | Resources (+)Estimate of Business Needs | Risk (-) | | Total [Resources–Risk] | | | HR | $ | Tools | Suppliers | Total | Competitors | MarketConditions | Total | | Cordless Iron | | 3 | 4 | 5 | 5 | 17 | 2 | 3 | 5 | 12 | KeyFinder | | 1 | 5 | 5 | 5 | 16 | 4 | 4 | 8 | 8 | Flying Cars | | 3 | 3 | 3 | 3 | 12 | 2 | 1 | 3 | 9 | Pop Up Housing | | 4 | 5 | 5 | 5 | 19 | 4 | 4 | 8 | 11 |
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Questions – 1. The target market is directed at whoever may be in charge of ironing in the house hold. The problem is that the iron is a hazardous household appliance that is