Best Ideas 2020 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.

Reusable N95 Mask Business Plan

Stage of Idea planning stage

Explain your idea in details:

The reusable N95 mask I design have revolutionized the traditional design of masks. It is composed of breathing valve and three-layer filtration systemwater-blocking layer made of fluorine-free hydrophobic material, nanoporous fiber membrane filtration layer and pure cotton skin-friendly moisture-absorption layer. This structure determines the stability of this mask: it can be repeatedly cleaned and used, disinfected by 84 disinfectant and other chemical reagents, and it can withstand high temperature without lowering its protective performance. I also design an additional layer: heating device of carbon nanofiber cloth, which can be heated and sterilized at a temperature of about 70 degree as long as the USB port on the mask is connected. When people do not have a set of cleaned masks, or need to use masks continuously, heating disinfection is a simple and efficient method. The mask is also printed with a two-dimensional code, which can be bound with the health code issued by the government. People can scan the QR code to grasp the information of masks and enter their own health information. During the epidemic, we can cooperate with the government to realize monitoring by scanning the QR code, which is convenient for the government to calculate data and adopt special prevention and control measures. This mask can meet the protection needs of most people in daily life and work. It will extend the use cycle of masks, alleviating the current global crisis of masks. I hope that while providing people with low price and high quality products, we can also embody our concept of environmental protection.

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Expected impact of your idea on sustainable development

The industry of manufacturing our masks is to achieve two sustainable development goals: Goal 3: Good-health and Well-being, Goal 9: Industry, Innovation, and Infrastructureand Goal 12: Responsible Production and Consumption. This project aligns with SDG 3. With the protection level of N95, our masks can effectively reduce the infection rate of coronavirus and other infectious diseases. Besides, the mask is printed with a unique QR code, which can be bound with the health code issued by the government. We have also set up a database, and will cooperate with WeChat, Alipay and other large enterprises to help the government and medical departments track the patients and monitor flow of people through big data retrieval. We will record the existing wearers information and the information that needs to be added for future use. Therefore, we can use our health information to help the government track patients and monitor the flow of them. Such a mask is innovative and has the potential to be manufactured at large scale. The filter membrane we use is a new type of material, and the purchase cost will be slightly higher than the traditional one, so when we set the overall pricing policy, we need to take into consideration of the market price of raw materials. We will set a reasonable price, which will be able to cope with the normal fluctuation of raw materials price in the market. Besides, since this mask can be repeatedly used and has a long use cycle, it is more energy-saving and reduce more waste compared to the traditional ones. We will always take the promotion of better masks as our faith, take going to the world as our goal, and lead the innovation of mask market.

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Plans for implementation and sustainability

We can't be completely independent at the beginning, so we need investment from the outside world. We will invest 20% in technology to introduce and apply more advanced technology. When we cooperate with the manufacturer, we will give the manufacturer a certain share to replace the capital. We will invite equity investors to invest in the company to inject more vitality into the company's development. In terms of production, we will put all the masks produced in the first stage in promotion channel, cooperating with video platforms like Tik-Tok and YouTube, and other platforms, such as Wechat, Alibaba, or Little Red Book in the way that we pay them to publicize our product in the form of article and video. With the advantages of our QR code, we will cooperate with the government, providing the government with mask technology at a profit rate of 8%. We will authorize state-owned enterprises to produce masks, and the government can issue masks to relevant public officials. In this way, we can establish the official image of our brand, let more people know our products and build a good reputation through cooperation with the government. After establishing a certain brand foundation, we will establish a long-term cooperation with the local manufacturers and afterwards manufacturers around the world to realize the internationalization of the brand. I applied for an patent in March, the result of which will be reported within half a year. After I have the patent right, I will authorize the manufacturer, and the company will continue to expand the research and development of products.

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Your profile

I am Qingyang Li, a 19 year old boy from China. I've always been concerned about social issues. In December 2018, I formed an organization called the Ways standing for we are young", a public welfare organization. We cooperated with the Dianchi Christian Church in Kunming, distributing food to the nearby homeless people. In February 2019, I set up a "WeChat" official account to publicize the knowledge of AIDS. When the epidemic broke out, I saw that the number of patients was rising every day. The whole country was in panic, and worse still, the spread of the epidemic has accelerated the consumption of masks, and there has been a large shortage of the supply of masks. The whole world is in desperate need of masks, but N95 masks in many countries are in short supply. Even when we finally managed to get one, the hard-earned mask could only be discarded in four hours. Therefore, I decide to invent a reusable mask. I have studied the traditional N95 respirator and found that the reasons for the short service life of the respirator are as follows: 1. The material used has limitation; 2. The probability of the respirator contacting the virus and the requirements for hygiene are relatively high. From these two points, I began to look for proper materials and study how to make the mask reusable. Finally, after comparing a series of materials, I chose the current raw material, printed a unique two-dimensional code on the mask, and applied the carbon fiber cloth heating technology to achieve the purpose of disinfection. After a series of experiments, I finally made a reusable mask that can reach N95 protection level. I applied for an patent in March, the result of which will be reported within half a year.

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Comments

September 14, 2020 13:05

Hello, it is great to know that you are aiming to achieve SDG 3 Good Health and Wellbeing as well! Especially in times of COVID-19, it is critical for us to take initiative to strengthen the medical resources available to our community. We wanted to suggest a few tools to you, since we found them extremely helpful for remote collaboration. Basecamp is a virtual collaboration tool that helps you communicate with your team members about different tasks, while Notion is really useful when it comes to team-task prioritization.

Like you, we are passionate about helping improve the health of our community. As a team, we are currently producing and distributing masks to people in high risk groups for COVID-19. We would really appreciate it if you could give us feedback by commenting on our project entry at entrepreneurship-campus.org/ideas/28/18345/

Thank you!
Angela, Miru, and Sarah

September 4, 2020 14:00

It is important to have a clear sense of mission. Think about who will it benefit, what difference will it make, and how are you going to go about it? It helps to determine the level of social impact in the short and long term and how it will be measured and evaluated. This will also help in reaching the right audience and identifying your marketing and networking strategies.

September 1, 2020 19:45

Halo My Co 2020 Budding Contestant

As a serial entrepreneur in this 2020 platform, I think before me and you start interacting in this commenting and sharing phase on this

Achtundfunfzig German that is fifty eight day since comment commenced

Eins September, Zweitousendundzwanzig

Have you undergo online training?
What of BvC Course?
What of SEC course?
If No what are you waiting for, start now
If yes, you can proceed with the following questions from me below

Day 58

Who formed the quote below;

There are painters who make a yellow spot out of the sun.
But there are others who through their artistry and intelligence make the sun out of a yellow spot.

Who formed the above quote?

Campus members search the Brains versus Capital book and check the answer.

Day 59

Campus members did you know that the American doctor, psychiatrist and author Frederick Flasch points out that the creative act is not something that comes out of thin air, rather, it re arranges already existing facts, idea and systems, combining them with one another?

Day 60

Campus members and my co contestant 2020 what is a a visual axis? That is for an entrepreneur?

Did you know that the answer is A method for developing new perspectives for your idea?

Day 61

Campus members and my co contestant 2020 which of the following three points is unsuitable as a visual axis?

Convention
Nature
The Competitors in the markets

Campus members and my co contestant 2020 I want you to know that convention is veracious answer

Day 62

Campus members and my co contestant 2020 which entrepreneurial approaches could be used in addition to developing a creative entrepreneurial design based on countless approaches Brains versus Capital?

The best approaches are Me Too company launches.

Day 63

Campus members and my co contestant 2020 is Discover potential in what exists already is it part of Brains versus Capital course or social Entrepreneurship course? Campus members and my co contestant 2020 I urge you to search out

Day 64

Campus members and my co contestant 2020 did you know that the American economist Israel M. Kirzner emphasized this as well, he regarded discovering what exists as the entrepreneurs core business. This concept only appears to be a paradox. Something that already exists does not have to be re invented, but its significance and potential can nonetheless be interpreted in a fresh way and re discovered?

Please my co contestant, I urge to be focused, committed and share your ideas with others in this interactive phase, gut danke

August 26, 2020 17:39

Dear @Reusable N95 Mask business plan. Again, your idea is a great one. However, while reading through friends ideas and projects , I discovered that some of us are yet to understand the journey we have engage ourselves on, because we are not voting others ideas or projects and not even voting our own ideas or perhaps not visiting the platform in months and it looks as if our ideas or projects are just there looking for us to attend to them; why, because this is an institution and not just a competition. So in addition to my other comments on your idea or project, I am sharing with you a letter to all entrepreneurs from one of the campus articles; meant to encourage me and you in this journey we have decided to engage ourselves. So please read and get motivated.

Dear Young Entrepreneur,
How are you and your business today
Having stepped out to start your own business, let me first say a big congratulations to you
Your life is about to change, that is it, if it has not started changing already. I am writing this letter to let you know why I think so.
I know you are very busy and if you are not, you will soon be, so let me cut to the chase. Now an entrepreneur, time means a whole lot to you. As a matter of fact, it is your most vital currency, unfortunately, though, you do not and will never have so much of it.

When I first heard that you have decided to become an entrepreneur, to chart your own course in the crazy world of business, a part of me was really excited and then the other half was a bit worried.

Let me tell you about both halves, so you know.

I was excited because you have decided to walk a path in life that many people are so scared of taking. Too many people out there have dreamt of launching out and be an entrepreneur, of turning their idea into physical reality and build a real business from it, of giving their dream a chance to happen in the marketplace, but only a few have had the guts to take that bold step. For the rest, they simply continue to sit quietly in their couch of rationalizations or pretexts and stare at the screen of their business idea with the hope that one day everything will turn out perfect and then they would get up and do something about it.

I have seen many of such folks and I suspect you know some of them. I call such people the Dreamers United Football Club and nothing more. They prefer to just dream and dream about being an entrepreneur than to take steps to become one. They have a business idea, sometimes even more than one, but they hold themselves back from taking action. In their minds, their ideas are running on full production scale, but in reality, nothing is happening. They just stay put in their comfort zones and watch the caravan of time and opportunities drive past them. Well, I really do not blame them. Truth be told, being an entrepreneur is not breeze. It comes with its own level of stress, unknowns, and fears. And who likes stress, unknowns, and fears, anyway

Yet, you looked past those factors and still chose to do this, to put yourself on the line, to defy the odds and enroll yourself in this new profession the profession of starting an enterprise and seeing it grow and add real value to the lives of people and create sustainable wealth in the process. For this, I salute you.
Think of the number of lives your business will transform. The capacity you will develop. The jobs you will create. The mouths your business will feed. The innovations it will birth. The culture it will influence. The revenues it will generate. And the great contributions it will make to national and, yes, global development. Actually, your taking this step to start is the beginning of something monumental the birthing of a great future, more like it. So, you can now see why I am excited for you, right

Having said that, let me talk to you about why I am a bit worried.
Actually, I am not here to scare you off, but neither am I here to hide the stark realities from you.
So, I will say this to you, straight up. If I push your buttons in the process, please do not mind me.
I am only doing this for your own good.

Being an entrepreneur is not childs play. This is not bread and beans I am talking about here. I am talking about real involvement and commitment on your part. Starting and building a successful enterprise requires real work and sacrifices. lots of it.
For your information, there will be long and lonely nights.
There will be days when you question your sanity for taking this step. There will be days when customers, employees, suppliers, family members, or government will not be there to encourage you and you just have to encourage yourself. There will be days when it seems like the world is spinning so fast and you just cannot seem to get a hold of things or connect the dots. Days when you do not feel the usual juice to hit the street and make a sale. Days when the eyes of your rising costs and falling profits just refuse to blink. What would you do

Yes, I agree with you. Being an entrepreneur makes you free. You are free because you are now your own boss, but, mind you, you are not free from the responsibilities that such title places on you. You can choose to wake up and go to bed anytime you like, nobody will question you, but then remember you are an entrepreneur and it is your duty to stay responsible. Responsible entrepreneurs stay true to their commitments and they operate with a certain sense of urgency in the way they approach life and their goals. As an entrepreneur, your daily habits will have to change and you must be willing to give up short term pleasures to achieve long term gains.

This is not the time to play around. So, snap out of your wet dream and smell the coffee. Nobody is going to take you by the hand and lead you all the way to your destiny, toll free. The world is too busy to pamper you to success. You must learn to paddle your own boat and tell your own story. But as you do so with focus and diligence, here is the good news, help will begin to meet you along the way.

To build a successful business, you must stay discipline in the way you manage your time and priorities, manage relationships, deal with money, take care of your health, serve your customers, and how you deal with the issues of leadership. Do not let your small beginning make you small minded. The size of your vision really matters and must be taken seriously. And then always know why you do what you do; let your purpose guide and compel you to be the best version of yourself.

Trust me, being an entrepreneur is a different kettle of fish.
As an entrepreneur, you will not only be expected to change the way you think, but also to change the way you think about the things you think about. Remember you are not the only one in the market. There are many others like you out there. In business, they are called competitors. And they are there to compete with you and win over your customers. So, you must sit up and constantly look for better ways to have your customers fall and stay in love with you. Learn from your competitors. Of course, they have a lot to teach you, but in doing so, remember that you must not lose that very thing that makes you unique. Your uniqueness is your trump card, so guard it and never lose it.

And that reminds me. Having good products is good but please do not assume that because you have good products, it will always sell itself in the market. Well, that era has come and gone. In this era, your product must not only be good but you must also learn how to sell it well.

This is the mistake most young entrepreneurs make and I really do not want you to make the same mistake. So, if you do not know how to sell, then go learn it. As a matter of fact, if you do not know anything, go out there and learn it. There are countless of quality resources and good people out there who will be willing to teach you the right stuffs. But then when they teach you, please endeavor to take consistent actions and fine tune your process because only then will you improve and produce the results you seek.

Certainly, I cannot tell you everything you need to know in this letter but I promise to always stay in touch and write to you every so often. But I hope you can find meaning in what I have told you so far and get proactive. Please do not be scared. But even if you are, not to worry. Every great entrepreneur you have heard of had once experienced fears. When I started out as an entrepreneur years ago, I had my own fears too. So, you are not alone in this. It is normal. It shows you are human. But what I can say to you is that you should not let your fears stop you. Use them to your advantage.
Approach your business with boldness and grit. Let your fears open you up for quality learning and gratitude. You can pull this off and I believe so much in you. Just stay focused and positive. Stay honest with yourself, do the work involved, and never, ever lose sight of your big picture.

I got your back on this.

Dear friend, I hope this helps in motivating you to pick up from where you stopped and keep forging ahead

Best wishes in this journey and in your implementation. Stay positive on the competition. It teaches us a lot of things to keep us sailing to the beach.

I have voted and made a comment on your idea or project; so please should you come online soon, do consider supporting my idea Eduheal with your votes and comments @ https://www.entrepreneurship-campus.org/ideas/26/17805/

Thank you for supporting my idea with your votes and comments

August 26, 2020 06:01

[email protected] N95 Mask business plan, your idea is impressive. In addition to my other comments on your idea or project, I realize some of us do not think it is necessary to collaborate, vote and comment on each other ideas or projects, so, I am sharing with you the importance of us supporting each other even though we are in a competition.

As we all know, the voting process started here at the Youth Citizen Entrepreneurship Competition since 6 July and all Campus Members are excited.
But why it is important to vote one another, even if we are in a competition
When you vote and comment, you support the best ideas or projects. It is very important to give a vote to an idea or project you think is a good one and has possibilities to be implemented in the reality. Since the voting process is open to the public, some people can get undeserved votes and better ideas that are running in this competition can be left behind. That is why your votes and comments are important.

When you vote and comment, you support innovation and change. The selected ideas and projects have been selected by taking into account many criteria, among them the innovation and the change that an idea can bring to a community or country. This is very crucial for the development of poor communities and we believe change comes from youth, so if you consider any idea to be innovative, do not hesitate to VOTE for it. You can become part of change, indirectly.

When you vote and comment, you support a dream-This competition is about dreamers and young ambitious people who think they can change the world by first bringing change to their communities. Many of the accepted ideas or projects are now very important to the people who submitted them and they are hoping to get our VOTE and COMMENTS. Just a single Vote AND Comment can motivate each of us further to start implementing the ideas or projects even if they do not make it to the finals.

When you vote and comment, you give value to the world-Only people of value are able to give value to others and the world. As Einstein said once: Try not to become a man of success, but rather try to become a man of value. By voting and commenting the most valuable ideas or projects you are adding value and contributing to the future of many people, although this might seem very utopic at the beginning.

I hope you will derive some benefits from this.

Finally, I have voted and commented on your idea; please consider supporting my idea with your votes and comments @https://www.entrepreneurship-campus.org/ideas/26/17094/

Best of luck in your implementation.

August 22, 2020 18:59

Your idea is good and all i can wish you is best of luck because you can launch projects and ideas and take dozens of company public but you only have one shot at being party of your youth agenda. Best of luck

August 21, 2020 10:53

Hello Qingyang! I just came across your article and I just want to say that your idea is really interesting! I believe that this is the perfect time to launch this idea, especially when the whole world is facing pandemic right now. Your solution is really comprehensive and well-planned. You really have my full support!

By the way, I'm looking for some comment and feedback for my project. Perhaps, you could drop by and share your thoughts? :)

Here is the link to my project
https://www.entrepreneurship-campus.org/ideas/26/17993/

August 11, 2020 13:13

Amazing [email protected] n95 Mask business plan.
To add to my earlier comment on your idea, I am sharing with you how to create a winning business model.

What Is a Business Model, Really

Everyone agrees that executives must know how business models work if their organizations are to thrive, yet there continues to be little agreement on an operating definition. Management writer Joan Magretta defined a business model as the story that explains how an enterprise works, harking back to Peter Drucker, who described it as the answer to the questions: Who is your customer, what does the customer value, and how do you deliver value at an appropriate cost.

Other experts define a business model by specifying the main characteristics of a good one. For example, Harvard Business School Clay Christensen suggests that a business model should consist of four elements: a customer value proposition, a profit formula, key resources, and key processes. Such descriptions undoubtedly help executives evaluate business models, but they impose preconceptions about what they should look like and may constrain the development of radically different ones.

Studies suggest that one component of a business model must be the choices that executives make about how the organization should operate-choices such as compensation practices, procurement contracts, location of facilities, extent of vertical integration, sales and marketing initiatives, and so on. Managerial choices, of course, have consequences. For instance, pricing affects sales volume, which, in turn, shapes the company scale economies and bargaining power both consequences. These consequences influence the company logic of value creation and value capture, so they too must have a place in the definition. In its simplest conceptualization, therefore, a business model consists of a set of managerial choices and the consequences of those choices.

Companies make three types of choices when creating business models. Policy choices determine the actions an organization takes across all its operations such as using nonunion workers, locating plants in rural areas, or encouraging employees to fly coach class. Asset choices pertain to the tangible resources a company deploys -manufacturing facilities or satellite communication systems, for instance. And governance choices refer to how a company arranges decision-making rights over the other two should we own or lease machinery. Seemingly innocuous differences in the governance of policies and assets influence their effectiveness a great deal.

Three Characteristics of a Good Business Model

How can one tell if a business model will be effective. A good one will meet three criteria.

1. Is it aligned with company goals
The choices made while designing a business model should deliver consequences that enable an organization to achieve its goals.

2. Is it self-reinforcing
The choices that executives make while creating a business model should complement one another; there must be internal consistency.

3. Is it robust
A good business model should be able to sustain its effectiveness over time by fending off four threats, identified by Pankaj Ghemawat. They are imitation such as can competitors replicate your business model; holdup -can customers, suppliers, or other players capture the value you create by flexing their bargaining power; slack -organizational complacency; and substitution- can new products decrease the value customers perceive in your products or services. Although the period of effectiveness may be shorter nowadays than it once was, robustness is still a critical parameter for effective business model.

Dear campus members, describing our business models is one of the requirements in the Youth Citizen Entrepreneurship competition; Therefore, I honestly suggest that before you submit your idea or project, create time to read this article. If you have already submitted your idea or project, do remember that we still have opportunity to refine our ideas and resubmit.

I hope that you find this useful.

Also, please do create time and take the campus online trainings as the trainings are there to help campus members understand what it is to be an entrepreneur.
Finally, I have voted and commented on your idea; please consider supporting my idea with your votes and comments @https://www.entrepreneurship-campus.org/ideas/26/17094/

August 10, 2020 17:50

@Reusable N95 mask business plan. Once again, your idea is great. To add to my earlier comment on your idea, I suggest you consider the article below:

While reading articles in the platform, I discovered so many of us are yet to explore the platform as expected. So, as I read a recent post, I found out that it is quite informative and timely; not only for the competition but in our life endeavors as entrepreneurs so I decided to share it with you my friends. Happy Reading and application.

How to Promote Your Entry and Get More Votes

Almost a month has passed from the launch of the voting process for the 2020 Citizen Entrepreneurship Competition. Many of us already know that it takes some effort to get people support all the time. The voting process will help us understand why marketing is an integral component of the entrepreneurial design. Your idea or project might be great and highly beneficial to many people, but you need to get them to notice your service or product.
Getting started as a young entrepreneur is an exciting and challenging endeavor. Even if young people lack experience and knowledge, they have readiness and motivation to push through obstacles. On the other hand, it can be such an exciting opportunity for adults who did not have the opportunity to get involved with entrepreneurship in their younger years.

You have got to be crazy if you want to be an entrepreneur: you will have to work 12 to 14 hours a day, there will be no vacations in the near future, and you will have little or no private life anymore. Guenter Faltin says on his book Brains versus Capital.
When talking about successful startups and good entrepreneurial ideas, innovation can be applied both in emerging and existing industries. In other words, everywhere where there is an opportunity for growth and development.
At the initial stage, the young entrepreneur starts to feel like a Jack of all trades by switching into different roles from bookkeeping to marketing. You will notice how useful this experience is going to be when you make the first sales of your product or service.

Back to the competition. When you start promoting your idea or project for votes make sure to:
Explain how it is or will benefit your community or a specific category
Highlight what frustrating problems you are trying to solve and how you are doing it
Use emotions to make the audience notice, share, and vote for you
No matter what medium you are using, create a human voice for your product and service
Talk about the importance of sustainable entrepreneurship and how it could make the world a better place
Even though not everyone has equal access to an internet connection, there are traditional mediums that are still on trend. Print, daily papers, magazines, radio shows, podcasts, television, direct mail, telephone, and SMS are a good option if they have an audience and are cost effective.
Word of mouth marketing. It works for big brands, it will work for you too.

When promoting an idea or project, or everything, people reach out to relatives, friends, people at the school or university, local clubs, organizations. Social media will help you get more audience. Start by identifying the most popular social media sites in your region.
According to the Global Digital Report 2020 the number of
Internet users worldwide in 2020 is 4.5 billion
Social media users in 2020 are 3.8 billion
Mobile phone users in 2020 are 5.19 billion

The same survey confirms that the most popular social media around the world based on the number of users are: Facebook, YouTube, WhatsApp, Messenger, WeChat, Instagram, Tik Tok, QZone, Sina Weibo, Reddit, Snapchat, Twitter, Pinterest and Kuaishou.
Next step. Identify what is the best type of content for each of these channels. Most people use social media for fun and relaxing. They chat with friends, look for photos, videos, and interesting content.
You can create a voice with videos and images
Cross-post across channels,
Use your hashtags
Appeal to influencers by quoting them on your promotions
Organize contests and giveaways
Share content from your friends
Ask for input
Share helpful information
Do not over post
Schedule social media posts in advance

Reminder
You need to publish your idea or project to make it eligible for the public vote. You can find it published at: Youth Competition 2020, Vote for best ideas 2020, Vote for best projects 2020; Adult Competition 2020 Vote for best ideas 2020, Vote for best projects 2020
Please I am encouraging you friends to create time and take the trainings and also read the articles. It is not all about the competition but the knowledge shared and acquired from this campus is awesome. Please do not miss out.
Finally, consider enrolling in the campus online training. This will help you improve on your entrepreneurial skills and derive the necessary motivation to keep forging ahead in the entrepreneurial journey even in the face of difficulties

Also, I have discovered that some of us do not understand that we have 15 minutes from July 6th to vote for our ideas or projects and vote for others as well if necessary. But at least we can vote for ourselves every day because in the campus competition, number of votes and comments gotten is one of the requirements for being a finalist and actually winning apart from the quality of a member concept. Please try to be an active participant while in the campus.

I hope this helps as we are currently voting and commenting

Please I have commented on your project and will vote if I have not done that; should you come online soon, do consider supporting my idea Eduheal with your vote and comment @https://www.entrepreneurship-campus.org/ideas/26/17805/

Thank you for supporting my idea with your votes and comments

Best wishes on your implementation

August 8, 2020 16:22

I Emmanuel/Ekpenyong want to share with you vital comment that will help you to refined your idea and comment to a successful implementation.

My Co contestants I want to ask you a question
Have you take your time to undergo the on line training?
What of the BvC Course?
What of the SEC cource?

If not read this my comments to help you refine and implement your budding startup successfully

Day 28 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas
The Idea of Building with Bottles

What comes to mind when you see a bottle? You will find the design of the bottle attractive or not; perhaps the color appeals to you, or perhaps you consider whether it might work as a decorative element. I have often thought about these designs and asked myself why no one has developed a much more obvious form, that is, a form that would permit bottles to be used as building blocks. One might consider glass, but also PET or earthenware as materials. Glass blocks would be particularly suitable for Central Europe since our region is short on light and warmth. Clear glass bottles offer both. Put together to form walls, they would create rooms with lots of light, and double or triple glass windows would insulate well. Instead of melting the glass to recycle it, you would give the bottles a second economic life, and an extraordinary one at that. The whole thing would be free an ideal building material. Squared into blocks, with the neck of one bottle inserted into the base of the next bottle, the glass bottles would fit together securely. I am not thinking of those unimaginative glass brick walls from the 1960s, but of very clear, high quality bottles that would make it possible to construct an aesthetically pleasant building. To prevent overheating the rooms, you could cover the walls with plants on the outside. People planning to build themselves a house would drink out of rationally designed bottles for as long as it took to collect the building material. That material would not be financed by a bank but would come from your own storage space, or if you yourself were not planning to build, some publicly accessible space
Where people could put their bottles so that other people who wanted to build could get them as free building material. I see whole villages arising before my eyes, created out of imaginatively shaped igloos or houses with vertical glass walls and wooden roof beams, all taking advantage of light and warmth.

Day 29 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

The first intelligent step in the direction of entrepreneurship is not to identify where we could earn money, but rather to discover what ideas and visions of our own we can generate. Entrepreneurship has the potential to be much more than self employment a passion, a journey of self discovery, evens a calling; a challenge to commit yourself to your own dreams, to achieve self realization in your work and to accomplish something great. Achieving economic success will follow, because what we do out of inner conviction and with all our strength will be work of the highest quality we are capable of. Recent neurobiological research even suggests that what we do with passion enhances the quality of certain brain functions. To begin with, there has to be an idea. What is missing where? What do I want to improve? What am I shooting for?

Day 30 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas
Above all, you want to create something you are proud of. That has always been my philosophy of business. I can honestly say that I have never gone into any business purely to make money. If that is the sole motive, then I believe you are better off doing nothing, commented Virgin founder Richard Branson. A business has to be involving; it has to be fun, and it has to exercise your creative instincts.

Day 31 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

Muhammad Yunus is a good example. His Grameen Bank with its microcredit revolutionized the understanding and practice of granting loans. Prior to Yunus, the poor were not deemed creditworthy but, perhaps even more importantly, they were not profitable customers for the banks even if they did repay their loans, because in the conventional banking system very small loans created a disproportionately high administrative burden. And of course no one believed that the poor possessed the skills needed by entrepreneurs. Yunus created a totally new approach, proving that the poor are a good credit risk and that it is possible to create a system that is mostly self financing that charges and collects interest and is applicable internationally. Anyone familiar with the Yunus story knows that he began with a loan of about

27 dollars, a ridiculously small sum by our standards, to help 42 women achieve micro entrepreneurship i.e. a little bit more than 50 cents per project, and that without exception all the borrowers repaid their loans.

Day 32 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

Must you be Born an Entrepreneur?
Do you have to be born an entrepreneur? It is a widespread view that an entrepreneur must possess a whole array of personality traits if he wants to be successful. Assertiveness, self sufficiency (high internal locus of control, business skills and expertise, tenacity, rhetorical ability, and more. This all sounds very reasonable. Nonetheless, it is not true. There have been numerous empirical studies, particularly in the USA, which ask what personality traits make a successful entrepreneur. It turned out in these studies that there is no empirical evidence for these apparently reasonable character traits. Surprisingly, the traits approach shows no specific traits for successful startup entrepreneurs. In spite of intensive research it has not yet been possible to identify either a single personality trait or a composite of character traits by which you could predict either start up activities or their success. There are no predetermined character traits for startup entrepreneurs that would permit a prediction of their business success. The notion that qualities like assertiveness and leadership skills evolve over time is not unreasonable, but it would be wrong to regard these traits as the basis for success and assume that they are indispensible from the start. It follows that many more individuals are qualified to become business founders than is generally thought, and we can cast the net much wider when it comes to thinking about a broader, more open entrepreneurial culture. Entrepreneurship is not a specialized field accessible to only the few and with entrée only through a set of special skills. No exceptional traits are required up front for you to succeed as a founder.

Day 33 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

Gradually little entrepreneurial concepts started peeling out of the group. A number of the students rode motor scooters and had financial problems when their scooters were in the repair shop. Could not you fix them yourself? Not really, but there were friends and acquaintances who could help you. The idea of a scooter repair shop was taking form. A number of the students had already purchased replacement parts and tried to put them in themselves. Now they could buy these parts together, maybe at a wholesaler, and save money. Another member of the group chimed in, Every time I want to drink a cola it is awfully expensive. But we could drink our own colas at the repair friends stop by, we could sell those cola much cheaper than at the stand. A scooter repair shop with beverage service

Day 34 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

Attempts to determine through tests who are suited to be a business founder have also been fruitless. The evidence suggests that the skills we ascribe to founders arise only through the process, that is, in the course of running the business. I can confirm this from my own observations. More than once I have seen that people without apparent promise have turned out to be exceptional at starting up their own companies. Convinced that they have a well thought out and dynamic concept, they put it into practice with great will and tenacity.

Take, for example, my student Kurt. He was obsessed with the idea that he could make rock concerts cheaper so that young people without much money could attend them. His idea was to have performances by groups that did not yet have big names, but which he believed were promising new directions in rock
Please kindly cast and comment my idea and project tiled Electricity for everyone with this links https www entrepreneurship campus org ideas 26 16940 and www entrepreneurship campus org ideas 28 17040 thank you

August 8, 2020 16:22

I Emmanuel/Ekpenyong want to share with you vital comment that will help you to refined your idea and comment to a successful implementation.

My Co contestants I want to ask you a question
Have you take your time to undergo the on line training?
What of the BvC Course?
What of the SEC cource?

If not read this my comments to help you refine and implement your budding startup successfully

Day 28 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas
The Idea of Building with Bottles

What comes to mind when you see a bottle? You will find the design of the bottle attractive or not; perhaps the color appeals to you, or perhaps you consider whether it might work as a decorative element. I have often thought about these designs and asked myself why no one has developed a much more obvious form, that is, a form that would permit bottles to be used as building blocks. One might consider glass, but also PET or earthenware as materials. Glass blocks would be particularly suitable for Central Europe since our region is short on light and warmth. Clear glass bottles offer both. Put together to form walls, they would create rooms with lots of light, and double or triple glass windows would insulate well. Instead of melting the glass to recycle it, you would give the bottles a second economic life, and an extraordinary one at that. The whole thing would be free an ideal building material. Squared into blocks, with the neck of one bottle inserted into the base of the next bottle, the glass bottles would fit together securely. I am not thinking of those unimaginative glass brick walls from the 1960s, but of very clear, high quality bottles that would make it possible to construct an aesthetically pleasant building. To prevent overheating the rooms, you could cover the walls with plants on the outside. People planning to build themselves a house would drink out of rationally designed bottles for as long as it took to collect the building material. That material would not be financed by a bank but would come from your own storage space, or if you yourself were not planning to build, some publicly accessible space
Where people could put their bottles so that other people who wanted to build could get them as free building material. I see whole villages arising before my eyes, created out of imaginatively shaped igloos or houses with vertical glass walls and wooden roof beams, all taking advantage of light and warmth.

Day 29 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

The first intelligent step in the direction of entrepreneurship is not to identify where we could earn money, but rather to discover what ideas and visions of our own we can generate. Entrepreneurship has the potential to be much more than self employment a passion, a journey of self discovery, evens a calling; a challenge to commit yourself to your own dreams, to achieve self realization in your work and to accomplish something great. Achieving economic success will follow, because what we do out of inner conviction and with all our strength will be work of the highest quality we are capable of. Recent neurobiological research even suggests that what we do with passion enhances the quality of certain brain functions. To begin with, there has to be an idea. What is missing where? What do I want to improve? What am I shooting for?

Day 30 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas
Above all, you want to create something you are proud of. That has always been my philosophy of business. I can honestly say that I have never gone into any business purely to make money. If that is the sole motive, then I believe you are better off doing nothing, commented Virgin founder Richard Branson. A business has to be involving; it has to be fun, and it has to exercise your creative instincts.

Day 31 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

Muhammad Yunus is a good example. His Grameen Bank with its microcredit revolutionized the understanding and practice of granting loans. Prior to Yunus, the poor were not deemed creditworthy but, perhaps even more importantly, they were not profitable customers for the banks even if they did repay their loans, because in the conventional banking system very small loans created a disproportionately high administrative burden. And of course no one believed that the poor possessed the skills needed by entrepreneurs. Yunus created a totally new approach, proving that the poor are a good credit risk and that it is possible to create a system that is mostly self financing that charges and collects interest and is applicable internationally. Anyone familiar with the Yunus story knows that he began with a loan of about

27 dollars, a ridiculously small sum by our standards, to help 42 women achieve micro entrepreneurship i.e. a little bit more than 50 cents per project, and that without exception all the borrowers repaid their loans.

Day 32 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

Must you be Born an Entrepreneur?
Do you have to be born an entrepreneur? It is a widespread view that an entrepreneur must possess a whole array of personality traits if he wants to be successful. Assertiveness, self sufficiency (high internal locus of control, business skills and expertise, tenacity, rhetorical ability, and more. This all sounds very reasonable. Nonetheless, it is not true. There have been numerous empirical studies, particularly in the USA, which ask what personality traits make a successful entrepreneur. It turned out in these studies that there is no empirical evidence for these apparently reasonable character traits. Surprisingly, the traits approach shows no specific traits for successful startup entrepreneurs. In spite of intensive research it has not yet been possible to identify either a single personality trait or a composite of character traits by which you could predict either start up activities or their success. There are no predetermined character traits for startup entrepreneurs that would permit a prediction of their business success. The notion that qualities like assertiveness and leadership skills evolve over time is not unreasonable, but it would be wrong to regard these traits as the basis for success and assume that they are indispensible from the start. It follows that many more individuals are qualified to become business founders than is generally thought, and we can cast the net much wider when it comes to thinking about a broader, more open entrepreneurial culture. Entrepreneurship is not a specialized field accessible to only the few and with entrée only through a set of special skills. No exceptional traits are required up front for you to succeed as a founder.

Day 33 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

Gradually little entrepreneurial concepts started peeling out of the group. A number of the students rode motor scooters and had financial problems when their scooters were in the repair shop. Could not you fix them yourself? Not really, but there were friends and acquaintances who could help you. The idea of a scooter repair shop was taking form. A number of the students had already purchased replacement parts and tried to put them in themselves. Now they could buy these parts together, maybe at a wholesaler, and save money. Another member of the group chimed in, Every time I want to drink a cola it is awfully expensive. But we could drink our own colas at the repair friends stop by, we could sell those cola much cheaper than at the stand. A scooter repair shop with beverage service

Day 34 of Commenting Phase and sharing with my Co contestants to use it and refine their projects and ideas

Attempts to determine through tests who are suited to be a business founder have also been fruitless. The evidence suggests that the skills we ascribe to founders arise only through the process, that is, in the course of running the business. I can confirm this from my own observations. More than once I have seen that people without apparent promise have turned out to be exceptional at starting up their own companies. Convinced that they have a well thought out and dynamic concept, they put it into practice with great will and tenacity.

Take, for example, my student Kurt. He was obsessed with the idea that he could make rock concerts cheaper so that young people without much money could attend them. His idea was to have performances by groups that did not yet have big names, but which he believed were promising new directions in rock
Please kindly cast and comment my idea and project tiled Electricity for everyone with this links https www entrepreneurship campus org ideas 26 16940 and www entrepreneurship campus org ideas 28 17040 thank you

August 8, 2020 15:06

August 8, 2020

Halo Co Contestants today is Acht August zweithousend und zwanzig
This week I want you to read through this comment and make your best of it to examine and refine your ideas and projects but consider these vital questions first
Are you sure you are a creative destroyer?
Are you sure your focus point is the concept of your idea?
Are you unconventional as well as your idea or project?
Did you know about the three triple bottom line?
Are you sure you are ready to turn tour enterprise into fun and work?

With Brains versus Capital book you will whimsically find these answers

Day 28 of Voting and Commenting Phase is here for All Contestants to Read and Refine their Ideas and Projects for Implementation

We need to show how the new perspectives opened up by entrepreneurship enable broad and active participation in the economy. Not just on some abstract, theoretical level, but with practical examples that the rest of us can emulate. It would be a shame if we were to leave these opportunities to the still elatively small number of business founders and their investors who occupy the playing field today. Even in the field of fashion, I can imagine devising our own brands, custom tailored to ourselves. In part, this is because I would like to be a brand of my own, instead of being forced to purchase my image, respectability or attractiveness by means of expensive watches and exclusive brand name trousers and shirts. The other reason is that I had the good fortune to meet Professor Kambartel, at one time a professor of philosophy at the University of Constance.Kambartel always wore the same light colored trousers and a practical shirt equipped with many pockets. He explained that he did not want to spend his limited time on earth on something as silly as poking around in the mens department of a department store. If he found something he liked, then on his next visit it would not be there anymore. So he had decided to buy multiples of an item all at once, instead of starting over again every time he had a need for clothes.

Day 29 of Voting and Commenting Phase is here for All Contestants to Read and Refine their Ideas and Projects for Implementation
One day in December I ran into a man making his way down the street dressed as a Christmas tree with lights. Baffled, I stopped and looked. Children were pointing at him, shoppers carrying Christmas gifts turned to look at him. I followed along a few steps behind him, then congratulated him on his costume and asked about his motive. Grinning, he told me, I sell candles since I got this costume, I really standout. I invited him to the university so that I could get my students to come up with their own ideas instead of putting their trust in marketing textbooks. He actually showed up, with a TV crew close on his heels. They only wanted pictures of him; they paid no attention to me. Instant stardom

Day 30 of Voting and Commenting Phase is here for All Contestants to Read and Refine their Ideas and Projects for Implementation
9.1 Stand Up for Something Support a Cause

If you want to live a happy life, tie it to a goal

ALBERT EINSTEIN

Day 31 of Voting and Commenting Phase is here for All Contestants to Read and Refine their Ideas and Projects for Implementation
Above all, you want to create something you are proud of. That has always been my philosophy of business. I can honestly say that I have never gone into any business purely to make money. If that is the sole motive, then I believe you are better off doing nothing, commented Virgin founder Richard Branson. A business has to be involving; it has to be fun, and it has to exercise your creative instincts.

Day 32 of Voting and Commenting Phase is here for All Contestants to Read and Refine their Ideas and Projects for Implementation
9.3 Social Entrepreneurship

The idea of social entrepreneurship is gaining ground around the world. This is probably because the concept of commitment to a social cause is linked to the idea of entrepreneurial initiatives, purposeful organization and disciplined cost management on the part of companies. Something along the lines of Richard Branson and Mother Teresa in one and the same person. Moreover, the concept responds to a movement that acknowledges that governments, administrations and existing social organizations do not seem to be coming to grips with certain types of problems, whether because they function inefficiently, are administering rather than satisfying social needs, or because they are simply rigid and obsolete. We need, so goes the thesis, social entrepreneurs, who with new approaches to complex new problems will find and implement suitable answers. The term social entrepreneurship is new, but the concept is not. There have always been social entrepreneurs, and many of our institutions originated because of them. Back in the 19th century, Friedrich von Bodelschwingh created the Bethel Institute in Germany, a world renowned social enterprise that functioned according to economic principles and operated its own artisan workshops, its own electric and water supply, its own schools and training centers. The founder of the Red Cross, Henri Dunant, was most certainly a social entrepreneur, as was Mother Teresa in Calcutta.

Day 33 of Voting and Commenting Phase is here for All Contestants to Read and Refine their Ideas and Projects for Implementation
It is also true that social entrepreneurs are pioneers who work with new approaches instead of attempting to improve existing processes through minor changes. So it is not a matter of what the English speaking world calls best practice, but rather of creating new concepts to solve social problems. Muhammad Yunus is a good example. His Grameen Bank with its microcredit revolutionized the understanding and practice of granting loans. Prior to Yunus, the poor were not deemed creditworthy but, perhaps even more importantly, they were not profitable customers for the banks even if they did repay their loans, because in the conventional banking system very small loans created a disproportionately high administrative burden. And of course no one believed that the poor possessed the skills needed by entrepreneurs. Yunus created a totally new approach, proving that the poor are a good credit risk and that it is possible to create a system that is mostly self financing that charges and collects interest and is applicable internationally. Anyone familiar with the Yunus story knows that he began with a loan of about 27 dollars, a ridiculously small sum by our standards, to help 42 women achieve micro entrepreneurship that is a little bit more than 50 cents per project, and that without exception all the borrowers repaid their loans. I invite you to join me in thinking how we might better understand this new discipline of social entrepreneurship and how to better publicize its opportunities and conditions.

Day 34 of Voting and Commenting Phase is here for All Contestants to Read and Refine their Ideas and Projects for Implementation
BOSCHEE McCLURG Profits yes or no? I am afraid this question would not get us any further. We have to delve more deeply into the motivations of the actors. Let me share a little story to illuminate this issue. Harvard, July 1998. Howard Stevenson, professor of entrepreneurship, is reporting on a new teaching module for this venerable institution. Ethical conduct, he says, is now a component of management education. You cannot start teaching these principles to your economics students soon enough. He stresses emphatically how important the ethical conduct of its students is to an educational institution especially after the numerous corporate scandals in the US. Then Stevenson stops speaking. Theres a long pause. A few of his listeners grow uneasy, especially as the professor stands before them red faced and looking somewhat unwell. He simply stands there, silently. Perhaps a minute passes, an eternity. As his audience starts to become concerned, he calmly continues, Is there anyone here in this room foolish enough to believe you could do it like this? Create ethical conduct through instruction? Have not there been many others preaching ethics before? Professor Stevenson was right it is not that simple. Stevenson proposed that we examine the situation more closely, analyze the motives and try to figure out how we can create a win win situation.

Kindly cast your vote for Germany dovetail Nigeria and follow this simple link https www entrepreneurship campus org ideas 26 17721 and NIGERIAN BIONEERS GREEN RIBBON https www entrepreneurship campus org ideas 26 17403
Kind regards for your votes via comments for me

August 4, 2020 14:27

Hello,

Congratulations on your idea! It has meaning and it can brainstorm solutions to work for a better world.
You have to know that in thinking of a better world, we have fantastic ideas.
But how do we present these ideas to society? We want to integrate into the entrepreneurial world.
From all this, we want to help, innovate, reform according to the objective of our ideas.
You have to know that we must take care to control our ideas, put them out well, know the consequences, take sustainability into account, to name just a few.
We can then ask ourselves "how am I going to do for a good implementation? For the management? Will the company be able to benefit from what you will do? How will you do for the sustainability of your business? do you to meet the three level of sustainability? What are your advantages? "
In short, know what you really want and improve the vision you have. This is my support for you!

Keep going and achieve your goals!

Best of lucks!

https://www.entrepreneurship-campus.org/ideas/26/18291/

August 4, 2020 12:17

After reading about the idea you proposed, I would like to say that it is a wonderful and fantastic idea as it goes in line with the goals of the United Nation.

The Sdg's are a collection of 17 global goals designed to be a blueprint to achieve a better and more sustainable future for all. Please try to enrol for the Brain Versus Capital Course and also the Sustainable Entrepreneurship Course in the campus so as to make your idea to be environmentally, socially and economically sustainable.

Please vote and comment for my idea too in the campus community "Promoting a healthy lifestyle" (https://www.entrepreneurship-campus.org/ideas/26/18364) as it aims to achieve SDG 1, 2, 3 and 8

August 3, 2020 14:49

The corona virus is still on rampage and your Reusable N95 Mask is a nice way to prevent this.I am thankful for the researches and development of the product by your anticipated company which gives room for modifications of the mask. But i would like it if the mask is stable when one is speaking because the traditional masks are very uncomfortable due to the fact that we are always adjusting it when we speak and sometimes we are also forced to remove it due to the uncomfortability. So i assume that the structure is made to fit with stability on human face when speaking.
Also the thickness of masks causes sweats and rashes on sensitive skins and i hope that this mask also provides air space.Those are the major side side effects that i personally hope to be tackled through your mask.I would also like you to give an explanation on the connection of the USB and all the wiring.Because i am concerned about the skin effects and i feel like if the USB and the wiring could bring a lot of skin effects.
Notwithstanding your idea is very interesting because i am beginning to get tired of getting new masks day after day and i would also like to get a piece of the mask to experience how it feels on human body.I would like you to check out my idea so as to get innovative initiatives on how to run your anticipated company.I would also like to work with you through this journey,therefore i have sent a friend request to you to always get in touch with you always. and i hope my request will be accepted.
Don't worry cause your idea deserves my vote and that is what you have gotten.Be sure to express how you feel about my idea on the comment section.I am sure you are itching to get ideas on the effective and profitable running of your company,so the link to my idea is below for you:
https://www.entrepreneurship-campus.org/members/cornior/ideas/my-ideas/18319/

August 2, 2020 21:03

Fantastic [email protected] N95 Mask Business Plan. Your idea provising user friendly mask is laudable. To assist in opening up your idea for futher refining, I suggest you consisder the folowing:
What are the tools you will need to execute your project
Whom are you collaborating with?
I think you will need to do a market survey to understand the challenges around masks

Also remember to take the campus online training if you have not already done so; as these trainings are to help campus members navigate through the entrepreneurship journey.

Note: Should you find this comment useful and may want to further refine your idea, understand that there is still a window to do that in the competition. You just need to open your page, click on improve, refine your idea as needed, safe, unpublished and republish again.

I hope this helps in refining your idea for a successful implementation

Best wishes in your implementation

Please consider supporting my idea Eduheal with your votes and comments @ https://www.entrepreneurship-campus.org/ideas/26/17805/
Thank you for supporting my idea with your votes and comments

August 1, 2020 16:09

We really enjoyed reading about your idea! Even the fact that you took interest in a global issue and took the initiative to better the community around you is outstanding, and you should be proud.

With the pandemic hindering in-person collaboration, we wanted to share some resources that personally helped our team in working together remotely. ProfiConf grants you access to HD video conferences in a browser, while platforms like Campfire and TeamViewer allows for efficient online collaboration. Hopefully, this helps!

If you have time, we would really appreciate it if you could take a look at our idea and vote for it/comment on it: https://www.entrepreneurship-campus.org/ideas/28/18345/

Keep up the great work!
Sarah, Miru, and Angela

August 1, 2020 15:23

Day 22
As a budding 2020 Citizen Entrepreneurship Contestant from Nigeria South South Nigeria Region I love my idea and project Electricity for Everyone because I seek out to ask many questions than answers, I am 100 percent focus and self discipline, critical thinker, networker, innovator while my major duty now is to help young people across mother Earth to start developing their inherent entrepreneurial skills and talents towards realizing our 17 sustainable development goals and join me now to ask many questions across our 2020 platform
Holger Johnson is just such a multi founder. In addition to Ebuero AG, he has established, co founded or functioned as a business angel actively engaged in the development of about 20 other companies. How does he do it? He concentrates on the entrepreneurial design, from which he formulates objectives and tasks and then supervises their execution. In this way he uses his head and his time in the area in which he excels. He knows full well that he must not permit too much complexity in his entrepreneurial design work. A high degree of complexity would increase susceptibility to error and require more decision making on his part; it would sap more of his energy and divert his attention from the areas where his best talents lie and from what he most enjoys. Campus members use this in your idea or project
I want all to reflect on it
Day 23
Successful companies originate in the mind. The better an entrepreneurial concept is and the more it is
analyzed and fine tuned, the more it will resemble a finished work of art and the more likely it is to be
successful.
I want all to reflect on it
Day 24
Dorothee is the daughter of a colleague of mine. She was an English major but did not want to become a
teacher. In her free time she creates vases, large ceramic pieces. She asked me whether she could not
make a little business out of this. I asked her a whole series of questions. Did she really enjoy doing it?
Did she enjoy it so much that she could imagine doing it over the long term? Are people willing to buy
these vases with their own money? And much more. Dorothee explained that she really did enjoy
working on her ceramics. That there are people who are buying her vases already and that she is earning
money with them, even when she calculates all her expenses and her own work time. And that if she
wanted to, she could ask for more money.
This did not sound bad. In fact, it sounded very convincing. Dorothee would probably be happier with her
vases than she would be working as a teacher in a job she disliked. My advice do it. Do not let yourself
be dissuaded bet on your artistic talent.
I ran into her again a few months later. Curious, I ask her about her business. I am not suited to be a
business person, she tells me. How so? I ask, amazed. Dorothee explains that she took a course in
starting a business, but I failed the balance sheet analysis.
Balance sheet analysis is something valuable. Nobody who wants to understand the financial situation of
a major company like Siemens can skip the balance sheet analysis. But what Dorothee needed is not a
balance sheet analysis. What she needs to know is whether her work is generating enough income.
Every street kid in Manila, every woman in Bangladesh who gets a microcredit from the Grameen Bank,
has the business smarts for this, without formal business administration concepts and techniques. A
formal requirement just frightens people off, especially creative, artistically inclined people. The start-up
consultant would have given better advice if he had simple told Dorothee to collect the receipts for her
expenses and her income and take them to a bookkeeper, or to pay a student to do her income tax
return. With Dorothee, a promising business founder was derailed because of an incompetent startup
consultant.
I want all to reflect on it
Day 25
Getting rid of the fanciful ideas
And where was the campfire? Much too dangerous. The artistic performances? Could you do a somersault in your confirmation suit? Any fanciful ideas had been taken away from the children before they were even aware of it. The concept of the adventure restaurant was dead on arrival.
I want all to reflect on it
Day 26
An Example Making Toothbrushes Cheaper
Not far from Bonn is a factory that makes most of the toothbrushes sold in Germany. A number of well known brands have their toothbrushes made for them there. You, too, can have your toothbrushes manufactured there and sell them under your own name or under some other fancy name. Get together with your friends and acquaintances and start a Toothbrush Campaign. You know that toothbrushes should not be used too long otherwise they will damage your teeth, no matter how expensive or scientific their design. You yourself need at least ten toothbrushes a year. So your own circle of friends and acquaintances is sufficient for a small campaign. Why should your friends buy their toothbrushes from you? You can already figure it out. Not because you are attractive and likeable and can talk your friends into buying them from you, but because naturally your toothbrushes are much cheaper than the toothbrushes they are buying for themselves, even at the discount store. Materials and production cost almost nothing. Toothbrushes become expensive because of the advertising to develop the brand and sales.
I want all to reflect on it
Day 27
Once you have the concept, you go on to researching and identifying appropriate components. This, too, does not have to become a full time job. Do not be satisfied with the first supplier to come along, just because you are happy to have found a component. Inquire, research, investigate, compare. Finally, you are ready to coordinate the components. This, too, is a manageable task where concepts are simple and straightforward.
Under these conditions illustrated in the examples described above founding a company can actually be a kind of part-time job. Launching a company with a safety net, so to speak. Do not give up your day job, your old occupation, until your own idea concept proves to be sound and sustainable. Wait for your concept to prove itself. Do not put all your money on one card, but establish your business on a carefully considered and securely solid basis. It is not true that the fast devour the slow in every situation, but those who are well prepared and work with professional partners will succeed over those who are excitable, overworked and try to organize everything in house.
I want all to reflect on it
Today, I motivate you to make use of my comment and also share with others in the platform so as to learn and improve your idea and project for successful startups and SDGs realization. I share it freely with others ideas and projects so as to join all in achieving our 2020 target in our entrepreneur campus.
I urge everyone today to freely and blissfully cast their votes and comments to my idea and project Electricity for Everyone and this is a link to my idea thanks a lot
https www entrepreneurship campus org ideas 28 17040 in Adult Project
https www entrepreneurship campus org ideas 26 16940 in Adult Idea