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Rainbow River
Piper
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Success Message
Failuer Message
Livestream
Location
City:
State:
Country:
School or Organization:
Overland Park
Kansas
United States
SM West and SM South
Overview
Welcome to the SMSD Student Chamber's Business Showcase! This is an inspiring business competition designed to highlight PK-12 students who run REAL businesses in the Shawnee Mission School District. The top five business owners with the most votes and highest judge ratings will present their business ideas to a panel of esteemed judges and a vibrant audience on April 30.
Awards at the live April 30 Business Showcase are:
1st Place: $1,100
2nd Place: $600
3rd Place: $300
Students are challenged to answer the following questions with their pitch:
Part 1: Describe the problem and products/services that you are selling (including pricing).
Part 2: Describe your target market.
Part 3: Customer Reach/Channels
Part 4: Competition and what makes you different?
To learn more or join the Student Chamber, visit www.SMSDChamber.org today!
About
Hi! I am a college bound high-school student who loves art and stories. Currently I am planning on starting a business this year but I may end up not. If I do launch a business I will want to do it part time so that I have time for academics and other activities.
Part 1:
We are selling clay earrings (and other jewelry). There will be pre made options but the main idea of this business is that people can tell me exactly what they want and I will make it. That means you give me a (pro social) description/photo/suggestion and I will use that to make your jewelry! If your prompt is overly complicated I may simplify it. My goal is to fix the fact that there are not many custom earring businesses that check every box.
Projected Products/Prices:
Dangle Earrings 1 level pre made - $ 18.31
Dangle Earrings 2 levels pre made - $ 22.27
dangle Earrings 1 level custom - $ 22.31
Dangle Earrings 2 levels custom - $ 26.27
Stud Earrings custom - $ 18.16
Stud earrings pre made - $ 15.16
Custom Necklaces - $ 22.31
Charm bracelet - $ 18.31
Custom charm bracelet - $ 22.31
Necklaces - $ 19.31
Financial Forecast: https://docs.google.com/spreadsheets/d/1P64KNBf9Bh-p8uF68Yf0HiYkermn5kDBDHb60NcryQM/edit?gid=996897032#gid=996897032
Part 2:
My target market is young (14-22) Crafty people who are either in high school or college and moms/other 30 something year olds who have have cozy vibes in the Kansas City area or the United States.
Part 3:
Customer Reach/Channels
1: You can find me:
On Etsy
At pop ups
On Instagram (possibly)
With Email
2: Someone might support my business because:
I am a child entrepreneur.
I strive to infuse good vibes into my business.
My products allow for self expression.
I donate a small portion of each sale to a charity or organization.
3: If my products are purchased online I will ship them.
4: I will spread the word with friends, facebook, handing out business cards, and primarily Etsy.
Part 4:
Competition:
MadHatterJewelryCo
BlossomandBloomClay
What makes me different:
Fun and whimsical
Fairly inexpensive
Have a good return policy and free shipping
Owned and run by a teen
Donates to organizations
Many of my competitors have some of these aspects, but it is less common that one has all of them. That is why people will want to buy from my store.
Next Steps
I need to understand business laws. I think that is the main thing that is holding me back from starting my business right now. As far as requests go it could be helpful if someone knows any good resources to learn these laws.
Other Information
Resource | Support Needs
NA
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Criteria One:
Idea Clarity & Problem Solving Is the product or service clearly explained? Does it solve a real problem in a meaningful or unique way?
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
Criteria Two:
Customer & Market Fit Are the target customers well defined? Is there an understanding of how to reach them and why they’ll buy?
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
Criteria Three:
Differentiation & Innovation What makes this idea stand out from competitors or the status quo? Is there a clear unique value proposition?
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
Criteria Four:
Team Readiness & Use of Funds Does the team seem prepared to take action? Are proposed uses of funding thoughtful, realistic, and specific?
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
Criteria Five:
Viability & Future Plans Is there a path to launch or scale? Have they made progress (milestones/traction)? Do they have a clear next step?
1- Did not do
2- Little evidence
3- Some requirements met
4- Most requirements met
5- All requirements met
Total Rating:
1
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