The Smart Bottle Week Two

This week has been very successful in the development of my business idea. I've emailed all of the competition I know of and have heard from two, but am still waiting to hear their responses. Unfortunately the two companies that responded didn't quite give me the answers I was looking for. The first company told me they could not give me any information and the second one emailed me back to tell me to email someone else (waste of an email if you ask me). But on the bright side I've received the support of nearly 150 people and my goal for next week is to have the support of 100 more. I would also like to come up with an idea for a company name and a product name, but for the mean time I'll continue to refer to it as the Smart Bottle. Below is a picture of two of my competition's bottles, comment what you like and dislike about them and I'll try to change/add those things to my product!

Stumfort- Inexpensive But Stylish

It’s official: LAVR, the labor-exchange business idea, is dead. However, there is no need to worry- my group and I have come up with a brand-new idea that we believe is going to revolutionize what students attending schools with strict dress-codes choose to wear.

This concept is pretty simple and yet simultaneously solves a problem faced by many students who need to abide by a school dress-code. As students of Flint Hill, we are primed to start this business as we understand the dress-code issues faced by the Flint Hill student community at large. Flint Hill’s dress code asks students to buy polo shirts (to be tucked into pants) and button-down shirts complete with ties and belts. This is not only very expensive in total, especially for growing adolescent students who need to buy new clothes every year, but can also get very uncomfortable. So how can we solve this problem of discomfort and high costs?

With our business idea, tentatively named Stumfort (because we pride ourselves on providing inexpensive clothing that shows off style and that is comfortable), we will be able to make clothing that is much easier to buy and wear. We’re thinking of making products such as a slip-on polo shirt that can be made to look as though they are tucked in, therefore giving a respectable look and yet a comfortable wear. We are currently working on an elevator pitch and some more ideas to make this company’s vision a reality.

Completed Goals

This week we completed drafting our business name and getting 25 college students to fill out our survey. We researched other competitors and we believe our idea is original. Some of the smaller details of our business have been address and will we continue working to get them done! So far we have not run into any obstacles, and we hope this pattern will continue!!

~Lauren, Kristen, and Elli

Business Progress

After a week of working on our project, we have made significant progress. We have a much greater idea of our business. We have started to develop our name, and what we want the app to look and function like. We decided that we will offer a free app, which will have ads, and a paid app, which will not have ads. Our goal for the weekend, and next week, is to continue to gauge our potential market. To do this, we will be sending out a form to potential consumers. Below is a screenshot of our first app idea/mockup.
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Pack My Lunch continues to work

The new startup intended to provide healthy lunch ideas and the designated products needed, Pack My Lunch, has continued to work towards launch. This week, we developed an initial pitch and continued to generate a market for our business. We have discovered a sizable interest in our business idea and found that there are no trademarks currently under our business name. Pack My Lunch has also created a twitter account to try and generate more interest in our application. We are optimistic that our elevator pitch will go smoothly and hope that we can begin taste testing healthy lunch ideas soon to find what kids like. The future looks bright for Pack My Lunch. Below is a picture of our logo.
 

I continue with the same idea as the post before. The parking app. I would love to install parking boxes on each street that has parking available to link all parking spots. It would alert police when someone steals your spot as well. I would also like to add a 15 minute reserve time option.

I've also talked to people about if they would use this app, and most people said absolutely. I've researched possible partners for this and am working on my elevator pitch.

The Beginnings of a Smart Bottle

This week I started the research process for my business idea, a smart bottle that will track your water intake throughout the day. Since there are already a couple of companies selling these kinds of bottles my main goal is to make something more affordable and appealing. But before I do that I'll have to research the competitors businesses, such as manufacturing costs and profits. I'm currently struggling to find this information, but I'm not giving up yet!

Labor Exchange-Introduction

Our business is exhanging labor favors for people in your area for free, instead of having to pay someone to do work for you. We are optimistic but we are having some issues, such as insurance. What will happen if someone gets hurt? We will talk a lawyer to discuss how to avoid being liable in for an injury. Another issue we ran into is financial, we will have to raise money to advertise. For us, advertisement is everything for our business. In the beginning steps; we want to get the word out fast, so it spreads and people choose us to take care of their needs for labor. We are currently brainstorming names for the business and will develop one soon.

Different idea

Dear readers,

I have switched my idea. I am now going to create a parking app that allows you to book a parking space when you need one. You can even book a parking space months in advance!  This app gives you the exact coordinates/address of your parking space. This app takes care of everything. You will never be ticketed for an expired parking meter again! This app makes sure that the fee is taken care of  until you leave! Its the cheapest and easiest parking option out there.

Grocery Store

We have now established our group and created our idea. We are all very excited about the idea of an all store (Costco, Target Etc.) map app. It would help shoppers who want to get in and out of stores fast and efficiently by providing a map that has the items on your shopping list listed. A problem that we could possibly face is within our group, none of us know how to design or start an app. Our goal is to create a survey to ask people if they would use the product. We have a concept logo below.
Would you use this?
Matt, Griffin, Sean, Chris