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Cellular Phone Uses: Phone Camera Music Player Computer

Cellular Phone Uses: Phone Camera Music Player Computer. Microchips: Appliances Computers Toys Smart Chips/ Embedded in People. Application of Technology: Using current technology from other countries to develop new ideas. Advice to You: How to take advantage. Your Interests

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Cellular Phone Uses: Phone Camera Music Player Computer

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  1. Cellular Phone Uses: • Phone • Camera • Music Player • Computer

  2. Microchips: • Appliances • Computers • Toys • Smart Chips/ Embedded in People

  3. Application of Technology: Using current technology from other countries to develop new ideas

  4. Advice to You: How to take advantage • Your Interests • Investigate Companies • Fit with Central America • Your Value Added • Contact Companies • Form Alliances

  5. CAFTA

  6. Where Do Ideas Come From? • Your Passions and Hobbies

  7. Where Do Ideas Come From? • Your Passions and Hobbies • Your Skills

  8. Where Do Ideas Come From? • Your Passions and Hobbies • Your Skills • New/Improved Product Or Service

  9. Meeting a Demand: Magazine in India College Life in US Arjun Jindal

  10. Need Without Demand: Adjustable Eyeglasses Professor Silver Oxford, England

  11. Creating New Demand: Whitening Toothpaste Mismatched Socks

  12. Where Do Ideas Come From? • Your Passions and Hobbies • Your Skills • New/Improved Product or Service • Working for Someone Else

  13. Where Do Ideas Come From? Working for Someone Else

  14. Where Do Ideas Come From? • Your Passions and Hobbies • Your Skills • New/Improved Product or Service • Working for Someone Else • Getting Ideas from Other Places

  15. Getting Ideas from Other Places US – “Naked” Fruit Juice UK – “Innocence” Fruit Juice Australia – “Nudie” Fruit Juice

  16. Getting Ideas from Other Places Franchising

  17. Where Do Ideas Come From? • Your Passions and Hobbies • Your Skills • New/Improved Product or Service • Working for Someone Else • Getting Ideas from Other Places • Being Aware

  18. Being Aware: What’s Hot

  19. Hot Growth Industries: Technology Medical / Health Services Leisure & Entertainment Energy Fashion / Retail Personal Care / Nutrition Security

  20. Being Aware: What’s NOT Hot

  21. Where Do Ideas Come From? • Your Passions and Hobbies • Your Skills • New/Improved Product or Service • Working for Someone Else • Getting Ideas from Other Places • Being Aware

  22. Idea Opportunity

  23. Idea →Opportunity • Making the Possible Probable • Successful • Sustainable • Adds Value • Changes Status Quo

  24. Testing Your Idea

  25. Opportunity Screening: • Criteria for Success • Differentiation

  26. Opportunity Screening: Criteria for Success • Differentiation • Demand

  27. Opportunity Screening: Criteria for Success • Differentiation • Demand • Management Team

  28. Opportunity Screening: Criteria for Success • Differentiation • Demand • Management Team • Window of Opportunity

  29. Opportunity Screening: Criteria for Success • Differentiation • Demand • Management Team • Window of Opportunity • From Commodity To Added Value

  30. Opportunity Screening: Criteria for Success • Differentiation • Demand • Management Team • Window of Opportunity • From Commodity to Added Value • Resources: Money, Equipment, People

  31. In Summary… Investors want Opportunities, Not Ideas

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