Just like the TV show, we will create our own small businesses and defend their value as we seek funding to build our empires!
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Shark Tank Clip (here) --> Watch how they argue about valuation! Get it? They don't know or use any math you don't know! Its all ratios & proportions!
Blank Investor Power Point (here)
Blank Monthly Order Sheet (here)
--> Screencast 1 (here)
--> Screencast 2 (here)
Step-by-Step Instructions Below:
Step 1: The Big Idea
What business do you want to start? Why? How does the business reflect you? What is the edge you have to make your business succeed?
To do: Create your (1) business idea, (2) business name, (3) logo, and (4) slogan. Build your slides.
Top Banana Example (here) Screencast (here)
Step-by-Step for October 7th:
(1) Decide to work by yourself or in a small group.
(2) Open the "Blank Investor Power Point" above
(3) SAVE the Power Point to your Documents Folder
(4) Click the SHARE button on the upper right of the Power Point
(5) SHARE a link to your Power Point with me at [email protected]
*** if you are in a group, the group only needs ONE Power Point, but be sure to SHARE a link with everyone in your group
(6) Work on the FIRST PAGE of your Power Point, (a) business name, (b) logo, and (c) slogan.
*** if you are in a group, be sure to write everyone's name on the First Page
(7) Stuck? Check out my Top Banana Example or email me!
Step 2: The Products
What products are you going to sell? How many of each do you expect to sell each month? Think about it! You cannot make $$$$ selling only a few cheap items, but if you try to sell too many expensive items and fail, you’ll lose money!
To do: (1) Find 10 products you want to sell, (2) Find their retail price online (you’ll be selling them for that same price), and (3) decide whether you want to try to sell 100, 200 or 500 per month. Build your slides!
Top Banana Example (here) Screencast (here)
Step-by-Step for October 14th:
(1) Make sure your Power Point is shared with me at [email protected]
(2) Find a product you want to sell on Google
(3) Put a picture of that product on your Power Point slide
(4) Put the price of that product on your Power Point slide
*** Prices between $20 and $200 usually work the best
(5) Decide whether you want to sell 100, 200 or 500 per month
*** The lower the price, the more you will likely sell!
(6) Repeat these steps until you have 10 product pages.
(7) Stuck? Check out my Top Banana Example or email me!
Step 3: The Monthly Order Sheet
Your business needs a way to figure out how much money it is making and on what products.
To do: (1) Download the Monthly Order Sheet, (2) Fill in the data you have right now (note, you won’t know how many units you have sold each month until your teacher tells you the “demand” column).
Step 4: Demand
Your teacher tells you how much of each product you sell each month.
To do: (1) Use your demand data to complete the Monthly Order Sheet, (2) Put a picture of your monthly Order Sheet in your slides.
Step 5: Analysis
Now that you have operated your business for a month, what have you learned about the market?
To do: Ask yourself (1) which products should we order more of?, (2) which products should we order less of?, and (3) is it reasonable to think this level of performance will continue?. Build your slides!
Step 6: Real Estate
You have monthly profits, but you need to pay rent!
To do: (1) Find real estate that is appropriate for your business (see below), and (2) calculate the monthly cost (make sure you can afford it!). Build your slides!
A useful website is (here), but don't feel limited!
Keeping it local? Westwood Village has availability (here)
Top Banana Example (here) Screencast (here)
Step 7: Employees
You have monthly profits, but you need to pay your workers!
To do: (1) Download the Employee Sheet and complete it, and (2) ask yourself, “how much do I want to pay my employees per hour?” (what are the arguments for paying a lot or a little?). Build your slides!
Blank Employee Sheet (here)
Top Banana Example (here) Screencast (here)
Step 8: Total Enterprise Valuation
You can now calculate how much your business is worth!
To do: (1) Calculate your business’s net earnings per month (profits minus cost of rent and employees), (2) Calculate how much your business’s net earnings over 5 years, and (3) Use Desmos to build a graph showing your business’s net earnings. Build your slides!
Desmos (here)
Top Banana Example (here) Screencast (here)
Step 9: Grow Your Empire
You are in good shape with one location, but you want to grow!
To do: (1) Find how much it cost you to open your first location, and (2) Calculate the percent of your company you will offer to sell to the Sharks to raise the money needed to open another location. Build your slides!
Top Banana FINAL (here) Screencast (here)
Step 10: Make Your Pitch!
Prepare to present to the sharks to get your $$$$$!
Blank Investor Power Point (here)
Blank Monthly Order Sheet (here)
--> Screencast 1 (here)
--> Screencast 2 (here)
Step-by-Step Instructions Below:
Step 1: The Big Idea
What business do you want to start? Why? How does the business reflect you? What is the edge you have to make your business succeed?
To do: Create your (1) business idea, (2) business name, (3) logo, and (4) slogan. Build your slides.
Top Banana Example (here) Screencast (here)
Step-by-Step for October 7th:
(1) Decide to work by yourself or in a small group.
(2) Open the "Blank Investor Power Point" above
(3) SAVE the Power Point to your Documents Folder
(4) Click the SHARE button on the upper right of the Power Point
(5) SHARE a link to your Power Point with me at [email protected]
*** if you are in a group, the group only needs ONE Power Point, but be sure to SHARE a link with everyone in your group
(6) Work on the FIRST PAGE of your Power Point, (a) business name, (b) logo, and (c) slogan.
*** if you are in a group, be sure to write everyone's name on the First Page
(7) Stuck? Check out my Top Banana Example or email me!
Step 2: The Products
What products are you going to sell? How many of each do you expect to sell each month? Think about it! You cannot make $$$$ selling only a few cheap items, but if you try to sell too many expensive items and fail, you’ll lose money!
To do: (1) Find 10 products you want to sell, (2) Find their retail price online (you’ll be selling them for that same price), and (3) decide whether you want to try to sell 100, 200 or 500 per month. Build your slides!
Top Banana Example (here) Screencast (here)
Step-by-Step for October 14th:
(1) Make sure your Power Point is shared with me at [email protected]
(2) Find a product you want to sell on Google
(3) Put a picture of that product on your Power Point slide
(4) Put the price of that product on your Power Point slide
*** Prices between $20 and $200 usually work the best
(5) Decide whether you want to sell 100, 200 or 500 per month
*** The lower the price, the more you will likely sell!
(6) Repeat these steps until you have 10 product pages.
(7) Stuck? Check out my Top Banana Example or email me!
Step 3: The Monthly Order Sheet
Your business needs a way to figure out how much money it is making and on what products.
To do: (1) Download the Monthly Order Sheet, (2) Fill in the data you have right now (note, you won’t know how many units you have sold each month until your teacher tells you the “demand” column).
Step 4: Demand
Your teacher tells you how much of each product you sell each month.
To do: (1) Use your demand data to complete the Monthly Order Sheet, (2) Put a picture of your monthly Order Sheet in your slides.
Step 5: Analysis
Now that you have operated your business for a month, what have you learned about the market?
To do: Ask yourself (1) which products should we order more of?, (2) which products should we order less of?, and (3) is it reasonable to think this level of performance will continue?. Build your slides!
Step 6: Real Estate
You have monthly profits, but you need to pay rent!
To do: (1) Find real estate that is appropriate for your business (see below), and (2) calculate the monthly cost (make sure you can afford it!). Build your slides!
A useful website is (here), but don't feel limited!
Keeping it local? Westwood Village has availability (here)
Top Banana Example (here) Screencast (here)
Step 7: Employees
You have monthly profits, but you need to pay your workers!
To do: (1) Download the Employee Sheet and complete it, and (2) ask yourself, “how much do I want to pay my employees per hour?” (what are the arguments for paying a lot or a little?). Build your slides!
Blank Employee Sheet (here)
Top Banana Example (here) Screencast (here)
Step 8: Total Enterprise Valuation
You can now calculate how much your business is worth!
To do: (1) Calculate your business’s net earnings per month (profits minus cost of rent and employees), (2) Calculate how much your business’s net earnings over 5 years, and (3) Use Desmos to build a graph showing your business’s net earnings. Build your slides!
Desmos (here)
Top Banana Example (here) Screencast (here)
Step 9: Grow Your Empire
You are in good shape with one location, but you want to grow!
To do: (1) Find how much it cost you to open your first location, and (2) Calculate the percent of your company you will offer to sell to the Sharks to raise the money needed to open another location. Build your slides!
Top Banana FINAL (here) Screencast (here)
Step 10: Make Your Pitch!
Prepare to present to the sharks to get your $$$$$!