Great elevator pitch Amanda! This idea is great. Every year on the news I hear about a child who dies in the car from being left there. Most of the time, the parents simply forget that the child was in the back of the car. This device connected to your smart phone will save lives and that is what makes your product so great. Parents all over the U.S. will buy this product just in case they ever face this problem. Your consumers will buy this even though they know they would not leave their child in the car because it helps secure in their minds that they will never make this mistake.
It’s quite difficult to remember every time I have failed this past semester. I’m sure I have countless times but the most notable one was on my first exam in my Principles of Management course. I technically didn’t fail but I didn’t do my best. It was a trial and error for me. I studied for 2 days, made a study guide, took the practice exam, made sure to read the chapters and somehow, I studied everything that wasn’t on the exam. I took it too technical and didn’t remember to apply the terms to real life scenarios. This failure helped me realize I was studying the wrong way. I needed to remember to not just memorize the information but actually learn it and understand it. So, for my second exam, I did just that and got an A. Like mentioned, failure is embarrassing. It’s not something anyone is really ever proud of but I think failure is important. It keeps people humble and I think you should always learn from your prior mistakes. If you keep failing over and over again you h...
1. Opportunity: a. Who has the need? Mothers, caregivers and fathers of young children ages 14 and younger. b. Who are the potential customers? Potential customers are mothers and caregivers of children 14 and younger that have busy schedules and want to make sure their children are kept safe. c. Nature of the need: Hundreds of children have suffered by being forgotten in a hot vehicle, either causing fatality or permanent severe damage. d. What are the forces or changes in the environment creating this opportunity? This is something that can happen especially during warmer months or in area of hot climates year-round like Florida. It can happen to anyone, especially young, busy parents that have one or more young children. e. How is this market defined geographically and demographically? This market is typically found in metrop...
1) You. Who you are. What your talents are. What your skills and experiences are. Also: what are your aspirations? Specifically regarding your business concept, how do you see this business (if you were to start it) playing a role in your life? I am a junior UFO student in the Warrington College of Business. I have over 4 years of experience in the Human Resources field. I love traveling and experiences new and different cultures, I would love to one day live overseas. If I were to start my business venture, I would market it to all. It would be my main priority and it will benefit parents all around the world. 2) What are you offering to customers? I am offering a sensor device for cars and child safety. It can detect unsafe temperatures in cars and alert parents if their child is still in the vehicle. This product can prevent child heatstroke in vehicles. This device would be able to be bought separately or sold to car manufacturers as well as car seat m...
Great elevator pitch Amanda! This idea is great. Every year on the news I hear about a child who dies in the car from being left there. Most of the time, the parents simply forget that the child was in the back of the car. This device connected to your smart phone will save lives and that is what makes your product so great. Parents all over the U.S. will buy this product just in case they ever face this problem. Your consumers will buy this even though they know they would not leave their child in the car because it helps secure in their minds that they will never make this mistake.
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