Name : Kish Ardent P.

Almocera 2-BSECE-B

TECHNOPRENUERSHIP

Home quiz (business model)

1.) Business model

- It is a design for the business operation and describes the rationale of how an organization
creates and delivers in the context of business.

2.) Business : Tesla Electronics

A.) What’s the problem?

- Company is inexperienced and not as stable as compared to existing electronics
companies when it comes to market sales, customer and product management.

B.) What is your solution?

- All companies started inexperienced, and there’s no silver bullet in resolving it,
because of the fact that the maturity of a business can only be achieved through time.
Customer and product management reflects the market sales, so in order to lift market
sales the company must take advancement in customer care and provide more reliable
and useful product that matches customer’s wants and needs.

C.) How big/severe the problem is?

- The problem is not that severe because it naturally occurs in starting a business. But it
could be severe when dealing with the problem is not compensated.

D.) How will you make money?

- The Tesla Electronics provides different product that comes with the latest technology
and providing the demand of the generation.

E.) Who will buy it, and how will you sell it to them?
- Today’s technologies have almost reached everyone, and the demand is far more
greater. With the type of generation we are living today, and the reliance to
technology, everyone can be a customer.

F.) Why are you the best team to do this?

- The best people to do a certain thing is the people in which the ideas arise first.
If the idea of the business comes from us, we are the best team to do it.
G.) Who will be your possible competitors, and what makes you better?
- Since technology has already over the world, there are a lot of companies that creates
and sells technology related products. The competition between these companies are
astounding. All of these companies are the possible competitors, such as Apple,
Samsung, Acer, etc. But these companies mainly focuses on specific products, i.e
Samsung are fully dedicated to provide the best smartphone in the industry. But the
Tesla Electronics do not just focus on specific task, it covers every demand the industry
has, it provides the best products including home appliance, military communication
devices, agriculture, industrial electronics, and more.

H.) What have you done, and what will you do?
- Improve quality of product and customer care as the solution to the primary problem
of the business. Develop more technologies capable of doing things that others still
don’t.

I.) What is your financial expenditures? (capital expenditures and income in the short economic
aspect)
-
J.) How much do you need and what will you do with the investor’s money?
- Even in its initial stages, this type of business needs a fairly huge amount. Because
several workers or employee is needed with different expertise in different aspect of
the business. But it’s not a huge problem because the chance of having investors is
huge in the field technoprenuership. Investors money is important in order to
reproduce, innovate or develop new technology existing or non-existing.
 Recommendation for business model

 Talk and ask for advices from business experts.

 Set up a good and diverse team.
 Make sure that your product is a solution to the problem.
 Make your customer references as your support and make sure to focus on them.
 Target national trade show to get positive visibility.
 Be open for change and learning from others
 Create an environment of openness.
 Create prototypes of your model to limit risks.