Entrepreneurship

3 Period
rd

Have you ever wanted to be a part of ABC’s Shark Tank show? Well now
you have your chance! You will be coming up with a Business of your own.
Before you pitch your business to the Sharks (Mrs. Cooper and her guest) you must
complete a variety of tasks. Be creative and have fun!

Tasks:
1. Get into groups of 2, or you may work individual.

2. Go to your Google Drive and create and share a Google Doc amongst your
partners to be able to share ideas, comments, etc.

3. Brainstorm: Figure out what your business is selling (Product or service).

Make sure it is beneficial for someone or a specific group of people.

4. Come up with a Business Name.

5. Create your business product or service by drawing out your product or

service. (Either by hand or on the computer). This needs to be colored!
 You are allowed to make the product instead of drawing it, but please do
not spend too much money on this project.

6. Prepare your presentation for Shark Tank: You must create a presentation
using PowerPoint or Google Slides. Below shows you how to organize
your presentation and what questions must be answered on each slide.
Note: You need to answer each of these questions in a full paragraph
(3-5 sentences):

Title Slide:
Put your Business Name along with the names of everyone in your group.

Slide 1:
Detailed Description of Business: What is your business? What does your product or
service do or what is it?

Slide 2:
Pricing/Profit: How much does your businesses product or service cost to make?
(Using a table would be great here). How much will your product or service cost in
order for you to make profit? Use this formula:
Selling Price of Product or Service – Cost of Expenses = Profit

Slide 3:
Explain why consumers want or need this: Is what you’re selling a want, need, or
both? Why do people need/want to buy your product or service?

Slide 4:
Background/Target Market: How did you come up with this business? When
creating this business who was the target market you had in mind?

Slide 5:
 Competitors: Who are your competitors? How is your product or service different than
your competitors? How will you beat your competitors? In your opinion why is your
product or service better than your competitors?

You may add any additional slides that you need.

7. Make sure you use the skills you used learned in Computer Applications
to make your presentation look great! That means you must have the
following in your presentation:
 A Theme
 Attractive Font Style and Color
 Transitions between your slides
 Animations on your text and objects on the slides.
 Pictures and Clip Art if necessary
 No miss spelled words and good grammar
 Must look organized and neat.
8. You must prepare for your presentation. Figure out the following:
 What are you wearing?
 Who is speaking when?
 If you made your product or service figure out who is bringing what to class for
the presentation?
 Practice your presentation more than once.
 When you are completely ready turn in your presentation into Mrs. Cooper’s
Google Classroom.

How will Presenting and Shark Tank work?

Coach Daniel and a guest will be the sharks. You will present your
Business and Presentation in front of the classroom and the Sharks.
Just like in Shark Tank. Everyone in your group is expected to dress
 up and present. Coach Daniel will grade while you present. The
sharks will also be giving you feedback.

Name/s:___________________________________________________
_________________________________
Business Name:______________________ Class:________
Date:_______________

Shark Tank Project- Turning an idea into a Business

Exceeds Meets Below
Expectation Expectation Expectation
8-6pts 5-3pts 2-0pts
Detailed Description of Business
The teacher can clearly understand what is their
business is selling and what it does.
Pricing/Profit
Clearly communicates the costs of their product or
service.
Want/Need
Explains if their business is selling a want or need and
why people should buy their product.
Background/Target Audience
Clearly explains how and why they came up with the
business. Also states who their target audience is.
Competitors
States who are their competitors and how they are
different from them. Mentions why they are better
than competitors and how they will beat them.
Presentation Theme
Has a theme and attractive font style and color.
Pleasing to the eyes.
Presentation Transition & Animations
Has on all the slides.
Grammar/Spelling
No grammatical or spelling errors in the presentation.
Punctuation is used properly.
 Drawing or Made the Product or Service
This clearly shows what their business is selling.
Live Presentation
Students present to the best of their ability. It was
organized, everyone spoke, and they were
professional.
Organized/Neat
The presentation is well organized, looks professional,
and neat.
Participation
Student used their class time wisely and it was turned
in on time
Dressed Professionally
Students dressed appropriate for their business.

Comments:

Total:_____________/104
 Infographic

You have previously created a business with a team of people. Your business is in
need of growth and you are in charge of pitching a new product or service that
your business can offer. Today in the business world when you pitch a new idea
you need it to be visually appealing, to do this you will need to create an
infographic. To complete this project read and follow the directions below to
assure you have all the information and requirements for your presentation.

Step 1: Brainstorm
1. You need to brainstorm so ideas about what product you would like to
introduce to your business.
2. Research some ideas online, collaborate with fellow classmates, etc.
3. Pick a product that is your personal favorite out of all your options to create
your infographic about.

Step 2: Research
1. Answer the following questions about your product and incorporate this
information in your infographic.
1. Is You Product a Need or Want?
2. Is it a Good or Service?
3. What type of Resource?
4. What Demand is there for your product and what is it supplying?
5. Can this product or business provide jobs?
6. Does this product have the potential to change the world?
7. What goods and services will be produced?
8. How will the goods and services be produced?
9. For whom will the goods and services be produced?
10.How much will it cost to make this product?
11.What is the price of your product?
 12.Which market structure does your business or product fall under?
13.Incorporate an image of what this product or service will look like.

Learning How To Use Piktochart

http://piktochart.com/

1. Video Tutorial https://youtu.be/zEYvLgaG6uc

2. Click the Sign Up
Button
a. Create A Login
3. Click Create My
Account
4. Click on the Create
Your Own Infographic

5. Select Take the Tour

6. From there start to

create your infographic
with all the previous
information you have
collected.
7. Feel free at any time to http://piktochart.com/resources/tut
play this video to
refresh your memory orials-create-piktochart-
on how to create an infographic/
infographic:
Step 3: Create Infographic
1. Now it’s time to create your infographic. Follow the instructions below.

Examples:
1. Save

2. Select Image,
Original, and JPEG.
3. Look at the picture
for help.

4. Click Share/ Export

Directions:
You have done a lot for your business thus far, but now it’s time to create a marketing plan for
this business to help it succeed. In this project you will be creating and describing your
marketing plan. Follow the steps below to complete your marketing plan.

Step 1: Marketing Plan

2. Answer the following questions about your Marketing Plan. Make sure to have this on a
word document for creating your presentation later.
i. Goals:
1. Describe your short term goals for your business.
2. Describe your long term goals for your business.
ii. Marketing Strategy:
1. Give a Product introduction.
2. What is your Pricing?
3. How are you going to distribute your product or service?
4. How will you promote this?
5. How will you sell this product or service?
6. What is your Projected Profitability?

Step 2: Product Management

1. Now it’s time to make your product or service appealing to the customers. You need to
answer the following questions about your business and include it in your presentation.
1. What is your product feature? (color, size, look)
2. What will the branding, packaging, or labeling look like? (name, symbol, design)
3. What image of your product do you want customer to have?
4. What’s the price going to be?
5. What will the packaging look like?

Step 3: Create A Sample

1. After you have decided what your product management will be, it’s now time to create a
preview of your product or service.
 2. To create your preview you must do one of the following:
a. Draw on paper, Photoshop, Illustrator, Paint or Word.
b. Create a 3-D image on www.tinkercad.com
c. Use www.scratch.mit.edu to create a digital version of your product.
d. Use any other website or application
e. Create your product with materials that you own.

Step 4: Create Presentation

1. Now it’s time to create your presentation. Be sure to use all the information collected
from your marketing plan. Follow the instructions below to create your Power Point.
2. Take the time to make your Presentation look professional. That means you must have
the following in your presentation:
a. A Theme
b. Attractive Font Style and Color
c. Transitions between your slides
d. Animations on your text and objects on the slides.
e. Pictures and Clip Art included
f. No miss spelled words and proper grammar.
g. Must look organized, professional, and neat.

Step 5: Present
1. You will be required to present this presentation in front of the class.
2. You must prepare for your presentation. Figure out the following:
a. What are you wearing?
b. Who is speaking when? (Everyone must speak during the presentation)
c. Practice your presentation more than once.
d. When you are completely ready turn in your presentation into Coach Daniel’s
Google Classroom.