Activity # 3 Begins + LIA
Activity # 3 begins + LIA
Find a new team (4-6) and think of a crazy idea, something that has never been done before.
Draw out the concept in a word document.
Stage 1
In 3 powerpoint slides answer the following:
- Slide 1 - Title of your company, logo, name of the team
- Slide 2 - What is your product, how does it work? Draw out the concept in drawings, photos etc...
- Slide 3 - Convince us how you are going to market it (pricing, locations, cost, investment, outlook etc...)
Stage 2 - You will then find other classmates and look for investment. Each classmate has 20$ ( 4 x 5$) to give to 1 team. Please write it down on a piece of paper with the amount and name of the person.
Like this
| Representative of the team | Name of Investor | Equity | Amount | Total |
| James | 1% | $ 5 | $ 5 | |
| Molly | $ 20 | $ 25 | ||
| 100% |
| Name | Round 1 - Investment | Rank |
Money received |
Money invested |
|
|||
| Rank | ||||||||
| Team 1 | CEOs | 15,400 | 2 | 15400 | 15,400 | |||
| Team 2 | Unbound | 9,100 | 3 | 0 | 0 | 9100 + 2K | 12,465 | |
|
Team 3 |
Magic Mirror | 13,200 | 1 | 0 | 50% Transport ($8,000) | 13,200 + 2,100 + 2k = 15,300 | 19,599 | |
| Team 4 | Dreamscape | 8,500 | 6 | $4,000 (APB 3K 16%, 1K 5% Transport) |
0 | 8500 + 4000 + 2k = | 16,375 | |
| Team 5 | A person's Best | 7,100 | 5 | $2K (25% MLAP) |
$3K (30% MLAP) 3K (16%Transport) 3K (16%, Dream) |
9100 + 2400 + 672 +1360 + 2K = 13,532 | 17,561 | |
| Team 6 | Transport | 4,200 | 7 |
$11K ( $8K MM, $3KAPB) |
2K MLAP (19%) 1K (5%) Drea |
4200 + 11,000 + 1520 +425 + 2K =17145 | 21,716 | |
| Team 7 | MLAP | 8,000 | 4 | 2K Transport (19%) 3K APB (30%) |
2K (APB (25%) |
8K + 5K + 1775 + 2K = 14775 | 18,991 |
Round 1 - News Alert! Stock Market
Government Incentive - Pitch your idea if your business belongs in the sustainability, green, health sector.
| Name | Round 1 - Investment | Rank |
Round 2 - Government Pitch |
Round 3 - Elevation | Round 4 - Final Pitch Competition | |
| Team 1 | Infinity - Jaeden | $21,000 + $5,000 + 5k = 31k | ||||
| Team 2 | Port a person - Cristiano | $10,000 +$ 4,000 = 14k | ||||
| Team 3 | Curepoint - Danil | $8,000 + $ 2,000 = 10K | ||||
| Team 4 | Neurabark - Tony | $6,000 + $ 11,000 = 17k | ||||
| Team 5 | Work in Progress - Peter | $10,000 +$6,000 + 2k = 18k | ||||
| Team 6 | Purewave - Emilie | $16,000 + $ 13,000 = 29k |
Each team Monday 8:30 had $3,000 to give. The best team finishing round 1 receives an extra $5,000.
Stage 3
Start a report on a word document:
With your team, write a paragraph on the following topics
- Global Context of your crazy idea company
- Marketing Price, Promotion, Place, Product development (Include pictures)