Chris+trade+fair+report

Product Name Magic bean bag

__ Design of Product __ The idea was was a bean bag with T.V that can fold and slide in and can put under the bean bag and when you sit down on the bean bag it fits to the shape of your body.It carry's easy it has big surround sound speakers so you can play loud music. It can put anything on it like your psp ps2 ps3 or even X box it can also fit a DVD player.The T.V is a plasma T.V so it has great graphics it can play blue ray disk too.

Our product is innovation because the bean bag is ain't a normal bean it is like play dough materiel and the T.V is specially made to fold in and slide out and the bean bag has a special box to put the T.V in. It is specially to be lite so you can carry it around easily the speakers are loud speakers. It has lots of connection so you can plugyour ps3 or X box etc...

I don't think this would benefit anyone and it won't be that cheap probably for the richer people can afford it.i don't think anyone would use this innovation because this invention is only for entertainment and noting else.

Me (Chris) because I drew the poster and I created a 3D model of it and Ethan thought of the idea and also helped with the poster so we both created it.

What were the initial expenses and where did you get your capital from?

I think that our product have a impact on peoples lives because it is easy to carry around and compact it is like a home entertainment system on the go where you can watch any where any time.

__ Trade Fair __ Me and Ethan was not really successful on the day of the trade fair because we did not make a very eye catching poster. Include the results for your market survey in graph or written form.

we did not think there were any competition that day because we did not really think there is any need of it.

I think that our sales pitch was good because we explain all the parts of the invention and we practice it well good enough to tell people of our invention without looking at it but I think that next time if we had to do it again we would probably talk louder and stronger and give it more expression.But altogether I think that we had a great sales pitch.

Ethan and I wasn't very happy with the stall we did not have a very good poster so we did not wow people that much with our poster.What me and Ethan would do better next time is try to do a better job of the poster put more time in it and be more innovative with the stand for our poster.

We think that our product did have interest in it because it is like a home entertainment system on the go it can plug anything in like ps3 ps2 or x box it is slide in so it is compact it is specially deign to be light high quality pictures because the T.V is a plasma.

Me and Ethan would try to make a better poster next time if we had to do it again try to give it more wow and make some money instead of just putting in a product that we can not sell because I think that if you actually sell something you would attract more customers.

__ Entrepreneur __

I think that I would not be a good buddy entrepreneur because I am not really good at this sort of thing it is I am not good at talking to people.

__ And finally __

//I think that lots of people would like to start a business because they would probably make some money so they can get what they want instead on relying on there// //mothers of fathers and it give them good practice for what is ahead of them.//

The more successful you are in a business the more people would like to support you in your business so you would get more customers and become more popular in your business and get more money.

The biggest obstacle in starting a new business is what would you get out of it and what you would do to wow people with it and would people support you in it

I think that the pleasures of having a business is that you get to have most of the money .You can be successful and lots of people would support you.

Not every entrepreneur would be successful. If you are not successful you would feel demotivated and most entrepreneurs usually need a lot of money to start.

you need a business plan to be successful in your business.You need to have details of your product,what can the product do,the price of it,whom to sell to and where to sell and how to market it. You need advertising to market your product.

If you start small if it is not successful you would not lose a lot of money.You have to start small to taste the market.