Think about a problem that you face everyday. Or something that bugs you and you wonder if there is a solution for that. Well, here is your chance to see if anyone is interested in having that problem solved like you and if they would pay you money to solve it.

Describe in under 200 words a product or business idea you have. Create your business pitch. Tell us who the target market is for your product. Remember that you need more than one demographic. What would you price the product/service at? How much do you think it would cost to make it? Remember when describing a business idea, it is always good to tell a story. Why did you think of this business specifically or what problem are you trying to solve. Sell us on your business idea and then ask us to invest in your business. How much do you want and what is our return on investment? Think about all the topics we had for discussions and review Chapter 3 on Entrepreneurship.

As a potential customer, comment on the ideas that you feel are valuable to you. You may not be the customer for every idea presented or you may feel that the idea would be perfect for a customer like you. Give constructive feedback to the ideas.