Ideate v3
Shark Tank a Design Thinking Project
Shark Tank a Design Thinking Project
shark_tank_prototype_v3a.docx |
Choose your product, determine how much money you will make, and begin creating your company.
Complete the Ideate handout.
1. Describe the problem and solution:
-Explain how your device works. Describe what the benefits are to the user. Use a minimum of 70 words.
2. Profitability: Making the dinero!
-Estimate your GOGS
-Determine the selling price of your product
-What is the profit per unit?
-How much profit will you make in a year (how many will you sell)?
-Calculate a sample valuation for your company.
3. Create a name for your company. It should relate to your product.
4. Create a logo (like the Nike Swoosh or the Warriors golden gate bridge) for your company and draw it.
5. Name your product and draw a detailed picture of it.
-Explain how your device works. Describe what the benefits are to the user. Use a minimum of 70 words.
2. Profitability: Making the dinero!
-Estimate your GOGS
-Determine the selling price of your product
-What is the profit per unit?
-How much profit will you make in a year (how many will you sell)?
-Calculate a sample valuation for your company.
3. Create a name for your company. It should relate to your product.
4. Create a logo (like the Nike Swoosh or the Warriors golden gate bridge) for your company and draw it.
5. Name your product and draw a detailed picture of it.