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Sumter Entreprenuers

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Sumter County District Schools hosted an entrepreneur competition with five finalists. Student Johnathan Bressette won the competition and went on to win Gator Pit. For the story on Bressette, see the Sept. 7, 2017 edition of the Sumter County Times in print or in the e-edition on the website.

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The following are the projects created by students.

 

IFT DRONES – Johnathan Bressette

How did you come up with this business idea?

The majority of the cost of a drone is from the multitude of sensors that are used to help them fly. A method of reducing the cost by removing the need for most of the sensors would allow for drones to be cheaper and lighter.

What is your "revenue model"?

The intellectual property of FCI that will be licensed to drone manufacturers for a royalty and a line of drones will be designed for sale on the retail market.

How much will you charge for your product or service?

The technology will be licensed to drone manufacturers for a 10% royalty and the first model quadcopter drone with a 1440p(3k) 23.976 frames per second camera will be $350 retail.

Who is your "target market"? The target market is drone manufacturers and consumers that buy drones.

How do you plan to acquire new customers?

Through general YouTube advertisements, and through direct sponsorship of technology YouTube channels. Through google advertisements. Through technology trade shows like SXSW, Pax, CES, GDC, and computex. Through targeted television advertisements.

Who is your competition? DGI
Parrot
Hubsan

What is your "competitive advantage"?

The technology FCI that will replace sensors is an invention and this technology will allow the drones to be cheaper and lighter than the competition. The technology will also be licensed to the competition of drone manufacturers for an ongoing royalty and would allow the company to make money off of the sales of the competition.

What resources would you need to start your business?

It will take time to finish the full design for a drone based on FCI. Additional money will be needed for the manufacturing of the finished drones and the marketing that is required to gain the popularity to be able to license the technology to other large drone manufacturers.

 

 

 

 

 

 

 

 

 

Hypnotizing Highlighters – Andrea Comer

How did you come up with this business idea?

This idea was generated when there were personal issues with textbooks and studying techniques. There was a constant struggle when studying because I could not visual the important information; I had to place sticky notes with descriptions. With a highlighter that contains disappearing ink, I would have been able to better study by focusing on the key points and not all the extra and irrelevant information.

What is your "revenue model"?

My business would operate by remaining by the concept of self sufficiency. The company production systems would remain within the United States as to provide employment here and boost our economy. The product will be made with reliable resources to ensure top quality. The highlighter would then be sold at reasonable prices so that students may afford these on a regular basis.

How much will you charge for your product or service?

I will charge approximately $8 for a 10-pack of Hypnotizing Highlighters as it is near the current cost of highlighters but slightly more due to the increased complexity of the device. Challenges faced may be the uncommon brand at first due to the fact that many buy based on brand name; in order to sell efficiently I would first advertise and make aware of the increased opportunities and advantages with my advanced highlighter.

Who is your "target market"?

My target market is for students; whether in middle school or in college. Students would be the main reason for the creation of the device as so to achieve better studying techniques.

How do you plan to acquire new customers?

The plan to acquire new customers is primarily advertisement. We would advertise within cities and popular teenage and young adult television channels. Another method for attaining new customers include donation samples; samples of these highlighters would be donated to schools randomly across the nation for use inside the classroom. When teachers and students fall in love with this newly created highlighter, new customers would be assured.

Who is your competition?

The top competitor would be the Sharpie brand highlighter; other competitors would include Bic, Stabilo Boss, and Accent as well.

What is your "competitive advantage"?

My business takes a new cutting edge perspective from a student and turns a device into a further innovated and beneficial item. My business makes studying easier and more efficient with just a simple fix.

What resources would you need to start your business?

The idea prefers a team of researchers not only consisting of adults but fresh college students as well so that a new turn and modern input is used. The business would need a small investment at first which could be obtained through a bank loan or possible sponsor. After the idea is proven effective, a larger investment would be required so to create a mass production of the Hypnotizing Highlighters for the release date. This money may be acquired through sponsors and possibly a college that would be willing to invest into the company in exchange for highlighters usage school-wide.

 

 

 

VOLUNTOLDS – Faith Grizzel

 

How did you come up with this business idea?

I came up with this business idea because as a junior in high school I am struggling with this at the moment. In todays society we use our phones for everything so why not make an app that helps students find volunteer hours. I have a job and my parents are always working so it's hard to find rides but searching for volunteer hours with small local businesses would make availability much better.

What is your "revenue model"?

In order to profit the businesses advertising on Voluntold will pay a slight monthly fee. Furthermore, I can get in touch with major companies to see if they would sponsor Voluntold for free advertisement on the app.

How much will you charge for your product or service?

My service will be cost dependent on the amount of downloads. For instance for every 1,000 downloads the monthly fee would be $10. The max amount to be paid would be $30 a month. With this you can stop advertising your company whenever you'd like. I am also considering a loyal customer program to where if you pay for a whole year you get a 15 percent discount.

Who is your "target market"?

My target market would be the companies because that's who will be paying me, and teens because without their downloads I would not profit.

How do you plan to acquire new customers?

Advertisements, also maybe offering a scholarship for the student with the most volunteer hours during that year. Continually, I can reach out to certain high schools and hold an event f0r students while advertising Voluntold.

Who is your competition? VolunteerMatch
Catalista: Volunteer Locally!

What is your "competitive advantage"?

I was unaware of the competitive apps until I searched for them therefore, my "competitive advantage" would be advertisement. I relate more to this problem so as a result I can better connect with my target audience. Also, I know what teenagers want and what interests them making advertisement much easier.

What resources would you need to start your business?

To start Voluntold I would need someone who actually knew how to create an app, and the technology to set up an app. Continually, I would need companies to both sponsor Voluntold and be a part of the program, offering a free month trial to get the business launched. Even more so, schools willing to hold events to advertise Voluntold would be a huge asset to begin with.

 

 

 

 

 

 

 

BAMBOARDS – Tristan LaMaire

How did you come up with this business idea?

I happened to be shopping for a keyboard recently, and noticed that wooden keyboards were quite expensive and due to the rare woods that are used. Since these keyboards use rare and often endangered species of trees, I sought out more eco-friendly alternatives. There is a lack of environmentally friendly keyboards in the market, and bamboo wood is a well-known alternative within many industries.

What is your "revenue model"?

Manufacturing wooden keyboard chassis that can then be fitted with keyboard internal electronics and sold on the market.

How much will you charge for your product or service?

For standard keyboards, the final retail price would range from $30 to $40, depending on eventual material and manufacturing costs. This pricing would put the keyboard in the low- to mid- pricing range compared to traditionally made plastic keyboards. Higher end models could also be produced, featuring LEDs, custom ethings, paint, polish, or additional keys(which would necessitate different electronics and a different chassis). These features would increase the cost of the keyboard proportionally to the amount of effort that is required to add them.

Who is your "target market"?

The pricing would put the standard keyboard in a position where it would best be marketed towards dedicated PC users, such as workers who use their computer for their career or for anyone who uses their computer for frequent recreational use. Higher end models of keyboard could be marketed towards the gamer market, where there is a demand for specialized keyboards.

How do you plan to acquire new customers?

Advertisements would be the primary method of marketing. Banner advertisements on retail websites such as Amazon or Newegg would attract customers who are actively looking for keyboards, whereas video ads on online platforms such as YouTube could attract more PC-oriented consumers.

Who is your competition?

Keyboard manufacturers who make traditional plastic keyboards dominate the market, as they provide more inexpensive products.
There are many keyboard manufacturers who produce wooden keyboards; some of these are expensive, "artisan" keyboards such as Oree, and others such as Impecca offer lower priced boards.

What is your "competitive advantage"?

Compared to plastic keyboards, Bamboard will offer an aesthetic that many consumers find more appealing, as well as using a material that is environmentally friendly.

Compared to direct competitors - other wooden keyboards - Bamboard has two main advantages. First is the initial customizability, as allowing customers extra options will increase sales. Second is the price point; most wooden keyboard manufacturers tout their artisan or hand-crafted work as a way to increase the price, whereas Bamboard will remain at a below $40 price range for standard keyboards.

What resources would you need to start your business?

There would need to be a not-insignificant initial investment to secure a means of producing the keyboards, which would include materials, production facilities, and manpower. This would require outside assistance to get started, which would have to be acquired from prospective investors.

 

BREATH OF LIFE – Sophia Thornton

How did you come up with this business idea?

The idea for this business came from my need to use a nebulizer as a child. I have memories at about 4 or 5 years of age and my mom had to make me stop playing, lay down, and forced a mask over my face or make me breathe through some tube that had some sort of funny tasting air coming out of it. I now know that my mom was only doing what was best for my health but at the time I gave her quite the fight over that time once or more each day. I think this business is necessary not only for the health of young children but to help struggling mothers whose children are resistant to such treatment like I was.

What is your "revenue model"?

My business will operate by marketing to stores that parents frequent such as Babies R Us, Buy Buy Baby, Target, Walmart, and Amazon. Because nebulizers are so common in treating many ailments and my product can double as a humidifier, my product has a wide opportunity to make money among parents everywhere and not even just in the country.

How much will you charge for your product or service?

Breath of Life Nebu-Fier will cost $159. This may seem steep but nebulizers averagely start at $50 and that is not including the cost of other accessories. My product is not just revolutionary but is a nebulizer and a humidifier that won't need the purchase of extra nozzles and accessories. A challenge to this price will be the apparent expensiveness of it, but parents will save money in the long run and that will ultimately overcome the incessant costs they face with a traditional nebulizer and even less expensive humidifiers which need frequent replacement.

Who is your "target market"?

My target market is not just mothers with children who have respiratory ailments but all mothers. Nebulizers are used as a cure for asthma, bronchitis, pneumonia, and other ailments but humidifiers are recommended in all babies. Humidifiers are good for infant's lungs and even help to prevent SIDS which is a concern of every mother. These two factors make Breath of Life Nebu-Fier versatile and my market of mothers extremely wide.

How do you plan to acquire new customers?

I plan to acquire new customers with some television and in-store advertisements but primarily with online advertisements. Businesses that can grow online have a major opportunity in this day and age and many mothers and fathers that are stay at home do much of their shopping online as they aren't as readily available to run to the store with young children. Another way I plan to get new customers is to provide take home pamphlets to new parents, to parents who are at children's hospitals, and even in pediatrician's offices.

Who is your competition?

Three potential competitors are PARI, Respironics, and Omron. These are all popular and top-rated nebulizer producers.

What is your "competitive advantage"?

My competitive advantage lies in the safety and more convenient technology my product will utilize. My business will be better because not only is it reasonably priced but it saves the parent and the child much trauma. While the child sleeps Breath of Life Nebu-Fier provides a safe and easy way for them to receive the care they need. Parents won't have to deal with the struggle of making their children lay down and use a classic nebulizer but can simply turn it on once they are fast asleep and be worry free. No other nebulizer offers this and that is a unique edge.

What resources would you need to start your business?

To start my business I would need money, time, and expertise. After I obtain my degree in Biomedical Engineering I will know much more about the creation and science behind the Breath of Life Nebu-Fier and that is what makes time a critical factor. I plan to obtain expertise through my own future knowledge and the consultation of other medical professionals. Money would be obtained by focusing all my energy into turning my idea into a reality and pitching my idea to those who believe in not just me, but my idea to help others.

ALTERNATE – Perfect Pets – Caitlin Beck

Company URL https://beckcaitlin.wixsite.com/perfectpets

Pitch Video https://www.youtube.com/watch?v=LxWKWKF7mqg

 

How did you come up with this business idea?

I came up with this business because I live near a retirement community where the ladies love their cats. Some people cannot come out of their house or maybe cannot drive so they need me! Perfect Pets: Grooming on the Go.

What is your "revenue model"?

My company needs a small startup loan to get all the necessities such as clippers and the van. It will take about a month before I make more than I spend, but I assure this business will go far. With my affordable prices, many will be able to access my service.

How much will you charge for your product or service?

My prices vary based on type of animal, size of animal, and desired grooming. My lowest price is $10 and my highest is $100.

Who is your "target market"? My target market would be people with animals in the central Florida area.

How do you plan to acquire new customers?

I hope to advertise on my van, I have my website, in the beginning I plan to use flyers and such to start getting my name out.

Who is your competition?

My competition would be
• Grooms 2 go
• PetSmart
• Fancytails Exotic Pet Boutique

What is your "competitive advantage"?

My competitive advantage would be that I am a combination of a groomer to go and I handle exotic pets.

What resources would you need to start your business?

I would need a commercial van, all the necessities for grooming and the cube for my phone to accept credit cards.

 

 

 

 

 

 

 

 

 

 

Raider Entrepreneur Dreams (R.E.D)

 

Tell us about your startup business in one paragraph.

 

 

M &P Products (Micah Lanham)

The Projectima is the name of our business product. It is a built in feature or add-on to a phone or tablet device. It is planted right below the camera or if the camera is off center it will be next to it. It allows the user to project what is on their screen onto a surface in front of the device through the lens of the Projectima. Whether it is a photo, video or powerpoint, it can be projected. If you want to give a presentation or watch a movie with friends on your device, all you have to do is set it up and project it onto a flat surface. The Projectima can change the size of what is being projected from the lens, from the size of a phone screen to the size of a large television. It will be an app on the phone so that you can select it when you want it on. Another bonus would be a remote controller that can pause, play, fast forward, or reverse the video or change slides if you are giving a presentation.

CP Tech Solutions (Colby Pitts)

CP Tech Solutions is a company aiming to assist customers with the selection, installation, and maintenance of technology systems such as computers, televisions, and media centers. If that new surround sound system you bought requires more patience and free time than you have, or if you can't figure out how to update Windows on your PC, this is who you would call. CP Tech Solutions will make the installation and use of your consumer technology a breeze.

StirAll (Ally Liddington)

As you stir your black coffee, your sugar/creamer straw will dissolve into your coffee to flavor it to your taste. There are many different types of straws produced by StirAll, such as a marshmallow straw for your hot chocolate, and many fruit flavors for a cool glass of water. Also, the amount of sugar/creamer can differ due to preference.

Mowsall (Kevin Bedgood and Gabe Lucero)

This business will be built to expand. It will start with the invention that we are presenting in the competition and will lead to many other projects. It is a starter to a whole line of products for lawn mowers. The business will grow with our minds and thoughts as we go through college. Our business was made with the idea to make mowing easier for the consumer. Currently, our business is comprised of solely one product that helps people with riding mowers cut grass near edges. The product is described as a strap that attaches to the body of the mower and then to the plastic grass chute. It will be adjustable and will allow you to lift the chute to mow near fences and plants.

BlueDream (Shaylin Johns)

The Hair Straightening as you go is completely wireless. It will last up to 4 hours. Also it comes with a power back that will last to 72 hours. All you have to do is get some batteries. The power pack comes with a cord and you can plug it in, and charge it.