BAHIR DAR UNIVERSITY BAHIR DAR INSTITUTE OF TECHNOLOGY FACULTY OF CHEMICAL AND FOOD ENGINEERING CHEMICAL ENGINEERING DEPARTMENT ENTREPRENEURSHIP FOR ENGINEERS INDIVIDUAL ASSIGNMENT TWO By: Molla Mitku ID No: 0801119 Section: B Submitted To: Mr. Alehegn M. Submission Date: 07/05/2013 E.C. Part I: Recognizing existing “value” A. Think about products and services that impact your life today that did not exist ten years ago. List five here: 1. AirPod 2. Finger print 3. Mobile banking 4. Snapchat 5. Instagram B. Depending on question ‘A’ describe in detail the listed idea that you would consider “one of the best ideas you have ever seen in your life” AirPod is one of the best ideas that I have ever seen. AirPods are wireless Bluetooth earbuds created by Apple. They were first released on December 13, 2016, with a 2nd generation released in March 2019. AirPods wireless earbuds are so ubiquitous now, it's hard to believe they've only been around for three years. The buds were unveiled alongside the iPhone 7 in September 2016. The iPhone 7 was Apple's first iPhone without a headphone jack, and AirPods were intended to be a companion for the new phone. The AirPods and AirPods Pro are among the best wireless earbuds out there, and the AirPods Max take many of their best qualities and apply them to an over-ear set of noise-cancelling headphones. How do I connect AirPods to my iPhone? Before you start enjoying your new cordless audio life, you need to connect your AirPods to your iPhone. For the AirPods and AirPods Max: 1. Open the AirPods charging case in close vicinity to your iPhone. 2. Click the Connect button. The new AirPods combine intelligent design with breakthrough technology and crystal clear sound. Powered by the new Apple H1 headphone chip, AirPods now feature hands-free access to Siri using just your voice. And up to 3 hours of talk time on a single charge. Key Features of Airpod Automatically on, automatically connected Easy setup for all your apple devices Quick access to Siri by saying "Hey Siri" Double-tap to play or skip forward New Apple H1 headphone clip delivers faster wireless connection to your devices Charges quickly in the case Case can be charged using the lightning connector Rich, high-quality audio and voice Seamless switching between devices Listen and talk all day with multiple charges from the Charging Cases Part II: Developing a new opportunity of business idea A. Describe three ideas that you have that would “create value” for some market (i.e., a group of users, customers, clients, constituents-those who would benefit from your idea). How can an entrepreneur identify and select a valuable opportunity? The identification and evaluation of opportunities is one of the entrepreneur's most important tasks. Good opportunities address important market needs. Examining social, technological, and economic trends can lead to the identification of emerging needs. Entrepreneurs seek to build new ventures and to act on a good opportunity when it matches their capabilities and interests, exists in a favorable context, exhibits the potential for sustainable long-term growth, and facilitates the acquisition of required resources. Such opportunities offer a reasonable chance of success and require the entrepreneur to make a difficult decision to act or not act. The choice of an opportunity and the decision to act is a critical juncture in the life of an entrepreneur. With the decision to act, the entrepreneur prepares a business summary for the venture that is used to test the new venture with potential investors, employees, and customers. Three business ideas that you have that would “create value” for some market are: 1. Solar Panel Sales and Service Solar panels can indeed affect the value of a property, in both a positive and negative way. If the panels are new technology, show significant savings and are aesthetically acceptable, they may very well boost value. However, in some instances, the agreement which ties respective owners into old technology is onerous and could well affect the value of a property in a negative way. A solar panel business will conduct on-site surveys of potential installations, create a solar plan for the location, work with the owner on financing and install the units. Maintenance positions within the company provide support for the new owners repairing and maintaining panels to ensure greatest productivity and return on the investment. This business requires a structured staff with skills in construction, electrical, and basic understanding of science and solar energy. 2. Green Cleaning Services The only thing that differentiates green cleaning services from regular cleaning services is the type of products used for the actual cleaning. But this simple thing Can turn the otherwise unattractive businesses into something highly desirable. People in upscale neighborhoods are willing to pay a lot of extra money just to know they are helping to preserve the environment. 3. Production of road tile from waste plastic and sand Plastic waste is silent threat to the environment and their disposal is a serious issue for waste managers. Now a day society does not have any alternative to plastic products like plastic bags, plastic bottles, and plastic sheets etc. In spite of all efforts made to limit its use, unfortunately its utility is increasing day by day. To circumvent this issue many efforts were made in the past to reuse the plastic waste but no significant results were achieved. On contrary concrete being the widely used construction material is facing problem due to unavailability of construction material (Cement, sand and coarse aggregate). Various attempts were made through experimentation to check the feasibility of plastic waste to be use partially in concrete with respect to various properties of strength, workability, durability and ductility of concrete. B. Write an answer for the following questions by selecting one idea among the three listed ideas on part II question ‘A’: I. What is it? Production of road tile from waste plastic and sand II. Why does it matter? (What difference does it make? Or what problem does it solve? Or why might someone want to use it (service) or have it (product)? Due to large demand for the use of plastics world uses huge amount of plastics for different applications. And an economic dependency of the countries on plastics leads to the excessive increment on the demand of plastics. On the contrary, after the use of this plastic materials, it generates excessive waste and this plastic waste extremely affects the natural environment. Since plastic materials are almost non degradable or it takes thousands of years to be degrade, it seriously affects the soil fertility, water bodies (surface and underground water) and cause for different serious health problems and also strongly affects aquatic life. It also pollutes air when burnt and takes large space for disposal. To overcome these and other related problems waste plastic can be used to produce a strong construction materials such as paving stones (road tile) by melting it mixing with sand and molding in the required form. This technique can significantly reduce the problems that comes as a result of huge solid waste disposal to the environment. This business idea, recycling of waste plastics to produce road tiles and minimize pollution associated with waste plastic disposal. Because of the pollution and all kinds of health, problems associated with plastic Waste banning of plastic product can be an option but banning of plastic would bring much higher cost. III. To whom does it matter? (Who will use it, buy it, or benefit from it? Everyone around the world, especially developing country. Because cost saving from road construction and reduce energy bill Everyone who wanted to buy share from my business idea will be benefited from the product. Benefit production of road tile from waste plastic Create a good living condition Maintain sustainable environment It will help create job opportunities IV. Is there anything else like it? (Describe any similar ideas, products, services). Yes Similar products and services are Ceramic Tiles Porcelain Tile V. If there is something like it, what makes your idea different? (How is your idea bigger, better, faster, smarter, cheaper, more accessible, etc.?) production road tile from plastic waste In our country there is huge amount plastic waste generate so, it is more accessible and cheaper. Plastic waste is one of the leading causes of environmental pollution and it is the third largest reason for greenhouse gas emissions. To reduce these problems I am intended to produce road tile from plastic waste. It creates job opportunities for many people including us. Therefore, based on this evidence it better to the idea make faster, better, smarter and more accessible.
