Description
This is presentation about Opportunity Centered Entrepreneurship in the energy sector.
Opportunity-Centered Entrepreneurship
SECTOR - ENERGY
• Company name, presenter name, contact information
• Description of the problem: the need and the market • Solution: the product and its key benefits • Business model and profitability • Competition and strategy
A Sample Ten-Slide Presentation
• Technology and related processes
• Marketing and sales plans • Leadership team and prior experience • Financial projections summary • Current status and funds required
‘I WANT ____ ; BUT IT IS NOT AVAILABLE!’
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? MicroMills – Small windmills that generate small units of power ? ElectroGen – Electrostatic Generators ? XGen – Generators that use hot air from exhaust pipes ? Fi-Fu Generators – Using the principles of Fission and Fusion alternately ? Food Batteries – Electricity from food products ? Harnessing energy from Cellular phone radiations ? Bicycle based energy generators ? Energy production using Steam from surfaces of water bodies ? Electricity generation using swaying motion of trees ? Peizo Generators – Using piezo-electric crystals
NEED and OPPORTUNITY
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Main crises of the Energy Sector: ? Shortage of Energy ? Shortage of Fuels ? Non-conventional fuels do not produce enough ? Non-conventional methods are costly ? Availability of non-conventional sources (concentrated in certain regions) ? Opportunities: ? Rising energy demands leading to shortage ? High requirement for Green energy ? Inexhaustible source of energy required ? Reduce pressure on fossil fuels and non conventional sources of energy
CONCEPT and USABILITY STATEMENTS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
? Concept ? Piezo-electric effect ? A potential difference is generated when pressure is applied to two ends of a Piezo Electric crystal ? The pressure for generation of electricity will be provided by three main sources: ? People walking on footpaths ? Vehicles moving along the roads ? Vehicles parked alongside the roads ? The electricity generated due to the Piezo-Electric crystals will then be used all over the house/building /factory/industry etc.
ACTION
WORKING OF THE CONCEPT
ELECTRICITY GENERATED WHICH CAN BE USED THROUGHOUT THE HOUSE/FACTORY etc
PIEZO CRYSTALS UNDER TILE PIEZOELECTRIC EFFECT
PRESSURE
S-E-T CONTEXT
IDEA GENERATION
SOCIAL
IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
TECHNOLOGICAL
ECONOMIC
IDEA EVALUATION
• Reduce electricity shortage problems • Saving of conventional fuels • High feasibility due to low cost
• Cost of crystals is not very high • Economically feasible idea • Overall cost of the product is low
• Makes use of Piezo-Electric crystals like Quartz • Easily available • Crystals can also be made artificially • Circuit creation is required to build circuit for using the electricity
OPPORTUNITY – FOR WHOM…
IDEA GENERATION IDEA EVALUATION IDEA SELECTION Electricity resulting from pressure.
No need of replaceable fuel.
Generating zero running cost electricity
Lead zirconate titanate crystals generate measurable piezoelectricity when their static structure is deformed by about 0.1% of the original dimension
PERSONAL ENTERPRISE
EXPLORATION Generation of Electricity REALIZATION Production and detection of sound, generation of high voltages, electronic frequency generation, and ultra fine focusing of optical assemblies. Cigarette lighters The world's power demands are expected to rise 60% by 2030. With the worldwide total of active coal plants over 50,000 and rising, the International Energy Agency (IEA) estimates that fossil fuels will account for 85% of the energy market by 2030
ACTION
VALUE, DIFFERENCE and BENEFITS OF OPPORTUNITY
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
Value
• Cheap source of electricity for everyday use • Ideal replacement for generators, inverters at home • No dependence on external fuel or environment
Difference
• No need of fossil fuels, no environmental hazards • Cheap and reliable source of electricity in every house in the villages
PERSONAL ENTERPRISE
EXPLORATION
Benefits
REALIZATION
ACTION
• Mass production of electricity without pollution • Alternative to fossil fuels, nuclear energy • No risk of contamination, accidents
ATTRACTIVENESS, VALUE, TIMELINESS, DURABILITY
IDEA GENERATION
Attractiveness
IDEA EVALUATION IDEA SELECTION
Value Creation
Since electricity is absolutely essential at home, the source of free and reliable source of electricity would be a great product-service mix
Extremely attractive due the several advantages and low running cost Also it can be installed at homes reducing dependence on external source of electricity
PERSONAL ENTERPRISE
Timely
Fossil fuels causing huge CO2 emissions and also getting over at a fast pace
Hence the right time to invest in such eco friendly technologies
Durable
Currently being used in cigarette lighters. Can last for years without needing any maintenance or replacement
EXPLORATION
REALIZATION
ACTION
REALIZATION – WHEN, WHERE and SCALE
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
Mass production and installation at homes, offices, roads and other places where natural pressure is created
PERSONAL ENTERPRISE
With the fossil fuels causing lots of pollution and the reserves getting over, this is the right time to invest in the R&D
EXPLORATION
REALIZATION
Depending on the successful trials, private-public partnership models can be implemented for the mass production of the technology leading to reduction in cost.
ACTION
MAIN GOALS and TIMELINE
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
? Generate electricity at a low cost ? Generate electricity using a common occurrence ? Provide a ‘GREEN’ source of energy ? Provide an alternative inexhaustible source of electricity ? Main Goals ? Reduce dependence on fossil fuels ? Make every PLACE self sufficient wrt electricity
PERSONAL ENTERPRISE
EXPLORATION
HOUSE
REALIZATION
BUILDING 5 mths
BLOCK 1 year
CITY 3 years
COUNTRY 6-8 years
3 mths
ACTION
VENTURE GOALS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
? Benefits for other sectors: ? Easy generation of electricity ? It will reduce pressure on fossil fuels, which are the main source of energy for many sectors ? When implemented completely, every sector can use some of the electricity generated by this method for its day-to-day work ? Electricity will be made cheaper ? Each sector can achieve self sufficiency with respect to generation of electricity for its day-to-day usage
REALIZATION
ACTION
CONCEPT and USABILITY STATEMENTS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
? Concept ? Piezo-electric effect ? A potential difference is generated when pressure is applied to two ends of a Piezo Electric crystal ? The pressure for generation of electricity will be provided by three main sources: ? People walking on footpaths ? Vehicles moving along the roads ? Vehicles parked alongside the roads ? The electricity generated due to the Piezo-Electric crystals will then be used all over the house/building /factory/industry etc.
ACTION
WORKING OF THE CONCEPT
ELECTRICITY GENERATED WHICH CAN BE USED THROUGHOUT THE HOUSE/FACTORY etc
PIEZO CRYSTALS UNDER TILE PIEZOELECTRIC EFFECT
PRESSURE
USABILITY STATEMENT and TASKS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
? Requirements ? Piezo-Tiles must be laid in each and every part of the house/building/factory/industry etc. ? A proper circuit connecting the crystals to a main switch for the appliances will be provided
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Tasks to be accomplished ? Finding out the electricity generated per crystal ? Finding out the optimal number of crystals per tile ? Finding a method of collecting all the electricity produced from different tiles ? Creating the tiles containing Piezo-Electric crystals embedded in them ? Creating padding for the crystals to prevent damage
KEY RESOURCES and SUCCESS FACTORS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Technological ? Piezo Electric crystals ? Technology to embed the crystals in tiles ? Financial ? Procurement costs, product development costs, installation costs, administrative costs, sales and marketing costs, tax and other costs ? Legal ? Permissions for embedding the crystal circuits under roads and pavements and in buildings at test sites ? No Objection Certificates from municipalities ? Success Factors ? Electricity generation which can be used to power the house/building/block/factory etc
MEANS-ENDS FRAMEWORK
Old Ends
Commodity Product Improvement
PHOTOVOLTAIC CELL SYSTEMS
Old Means
THERMAL ENERGY
New Means
Process Improvement
NUCLEAR ENERGY
Breakthrough Innovation
PIEZO-ELECTRICITY
MEASURES and BENEFITS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Measures ? Installed in houses/buildings to cater to energy needs ? Should be installed in the areas of high loads e.g. roads, parking, footpaths etc ? Should be installed in areas of very high population density and very high vehicular density ? Benefits ? Houses - Help in self sufficiency wrt electricity generation ? Roads, bridges - Provide constant power generation by using a constant source (pressure) ? Coverage of a large area will help in great amount of power generation thus saving the conventional fuels
MARKET SEGMENTS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
? Government ? Greater opportunities for R&D. ? Invest & leverage this technology to fulfill the energy needs of the country. ? Industries ? Large & small scale industries ? Help optimize & manage their energy requirements ? It will make them self sufficient and reduce costs ? Independent Households ? Small, medium and large houses ? Enable them to become self sufficient wrt electricity
ACTION
‘GIVE ME FIVE’ FRAMEWORK
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Observed as a customer or employee of this industry ? Crisis situation due to increasing energy demand and depleting conventional sources of energy ? Things businesses should be thinking about right now ? Energy generation using inexhaustible, easily available & low cost sources of energy ? Things customers would tell you ? Cost has increased due to demand-supply mismatch ? Actions businesses in this industry should take ? Concentrate majorly on R&D ? Ideas that businesses haven’t even thought about ? Generating electricity from common occurrences like walking, driving a car, swaying of trees etc
ANNUAL SALES, PROFITS AND INVESTMENTS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
6000 5000 4000 3000 2000 1300 1000 0 Investment 5000
PERSONAL ENTERPRISE
Sales
Profits
EXPLORATION
REALIZATION
1000
ACTION
Initial
Low
Medium
High
doc_181582962.pptx
This is presentation about Opportunity Centered Entrepreneurship in the energy sector.
Opportunity-Centered Entrepreneurship
SECTOR - ENERGY
• Company name, presenter name, contact information
• Description of the problem: the need and the market • Solution: the product and its key benefits • Business model and profitability • Competition and strategy
A Sample Ten-Slide Presentation
• Technology and related processes
• Marketing and sales plans • Leadership team and prior experience • Financial projections summary • Current status and funds required
‘I WANT ____ ; BUT IT IS NOT AVAILABLE!’
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? MicroMills – Small windmills that generate small units of power ? ElectroGen – Electrostatic Generators ? XGen – Generators that use hot air from exhaust pipes ? Fi-Fu Generators – Using the principles of Fission and Fusion alternately ? Food Batteries – Electricity from food products ? Harnessing energy from Cellular phone radiations ? Bicycle based energy generators ? Energy production using Steam from surfaces of water bodies ? Electricity generation using swaying motion of trees ? Peizo Generators – Using piezo-electric crystals
NEED and OPPORTUNITY
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Main crises of the Energy Sector: ? Shortage of Energy ? Shortage of Fuels ? Non-conventional fuels do not produce enough ? Non-conventional methods are costly ? Availability of non-conventional sources (concentrated in certain regions) ? Opportunities: ? Rising energy demands leading to shortage ? High requirement for Green energy ? Inexhaustible source of energy required ? Reduce pressure on fossil fuels and non conventional sources of energy
CONCEPT and USABILITY STATEMENTS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
? Concept ? Piezo-electric effect ? A potential difference is generated when pressure is applied to two ends of a Piezo Electric crystal ? The pressure for generation of electricity will be provided by three main sources: ? People walking on footpaths ? Vehicles moving along the roads ? Vehicles parked alongside the roads ? The electricity generated due to the Piezo-Electric crystals will then be used all over the house/building /factory/industry etc.
ACTION
WORKING OF THE CONCEPT
ELECTRICITY GENERATED WHICH CAN BE USED THROUGHOUT THE HOUSE/FACTORY etc
PIEZO CRYSTALS UNDER TILE PIEZOELECTRIC EFFECT
PRESSURE
S-E-T CONTEXT
IDEA GENERATION
SOCIAL
IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
TECHNOLOGICAL
ECONOMIC
IDEA EVALUATION
• Reduce electricity shortage problems • Saving of conventional fuels • High feasibility due to low cost
• Cost of crystals is not very high • Economically feasible idea • Overall cost of the product is low
• Makes use of Piezo-Electric crystals like Quartz • Easily available • Crystals can also be made artificially • Circuit creation is required to build circuit for using the electricity
OPPORTUNITY – FOR WHOM…
IDEA GENERATION IDEA EVALUATION IDEA SELECTION Electricity resulting from pressure.
No need of replaceable fuel.
Generating zero running cost electricity
Lead zirconate titanate crystals generate measurable piezoelectricity when their static structure is deformed by about 0.1% of the original dimension
PERSONAL ENTERPRISE
EXPLORATION Generation of Electricity REALIZATION Production and detection of sound, generation of high voltages, electronic frequency generation, and ultra fine focusing of optical assemblies. Cigarette lighters The world's power demands are expected to rise 60% by 2030. With the worldwide total of active coal plants over 50,000 and rising, the International Energy Agency (IEA) estimates that fossil fuels will account for 85% of the energy market by 2030
ACTION
VALUE, DIFFERENCE and BENEFITS OF OPPORTUNITY
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
Value
• Cheap source of electricity for everyday use • Ideal replacement for generators, inverters at home • No dependence on external fuel or environment
Difference
• No need of fossil fuels, no environmental hazards • Cheap and reliable source of electricity in every house in the villages
PERSONAL ENTERPRISE
EXPLORATION
Benefits
REALIZATION
ACTION
• Mass production of electricity without pollution • Alternative to fossil fuels, nuclear energy • No risk of contamination, accidents
ATTRACTIVENESS, VALUE, TIMELINESS, DURABILITY
IDEA GENERATION
Attractiveness
IDEA EVALUATION IDEA SELECTION
Value Creation
Since electricity is absolutely essential at home, the source of free and reliable source of electricity would be a great product-service mix
Extremely attractive due the several advantages and low running cost Also it can be installed at homes reducing dependence on external source of electricity
PERSONAL ENTERPRISE
Timely
Fossil fuels causing huge CO2 emissions and also getting over at a fast pace
Hence the right time to invest in such eco friendly technologies
Durable
Currently being used in cigarette lighters. Can last for years without needing any maintenance or replacement
EXPLORATION
REALIZATION
ACTION
REALIZATION – WHEN, WHERE and SCALE
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
Mass production and installation at homes, offices, roads and other places where natural pressure is created
PERSONAL ENTERPRISE
With the fossil fuels causing lots of pollution and the reserves getting over, this is the right time to invest in the R&D
EXPLORATION
REALIZATION
Depending on the successful trials, private-public partnership models can be implemented for the mass production of the technology leading to reduction in cost.
ACTION
MAIN GOALS and TIMELINE
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
? Generate electricity at a low cost ? Generate electricity using a common occurrence ? Provide a ‘GREEN’ source of energy ? Provide an alternative inexhaustible source of electricity ? Main Goals ? Reduce dependence on fossil fuels ? Make every PLACE self sufficient wrt electricity
PERSONAL ENTERPRISE
EXPLORATION
HOUSE
REALIZATION
BUILDING 5 mths
BLOCK 1 year
CITY 3 years
COUNTRY 6-8 years
3 mths
ACTION
VENTURE GOALS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
? Benefits for other sectors: ? Easy generation of electricity ? It will reduce pressure on fossil fuels, which are the main source of energy for many sectors ? When implemented completely, every sector can use some of the electricity generated by this method for its day-to-day work ? Electricity will be made cheaper ? Each sector can achieve self sufficiency with respect to generation of electricity for its day-to-day usage
REALIZATION
ACTION
CONCEPT and USABILITY STATEMENTS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
? Concept ? Piezo-electric effect ? A potential difference is generated when pressure is applied to two ends of a Piezo Electric crystal ? The pressure for generation of electricity will be provided by three main sources: ? People walking on footpaths ? Vehicles moving along the roads ? Vehicles parked alongside the roads ? The electricity generated due to the Piezo-Electric crystals will then be used all over the house/building /factory/industry etc.
ACTION
WORKING OF THE CONCEPT
ELECTRICITY GENERATED WHICH CAN BE USED THROUGHOUT THE HOUSE/FACTORY etc
PIEZO CRYSTALS UNDER TILE PIEZOELECTRIC EFFECT
PRESSURE
USABILITY STATEMENT and TASKS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
? Requirements ? Piezo-Tiles must be laid in each and every part of the house/building/factory/industry etc. ? A proper circuit connecting the crystals to a main switch for the appliances will be provided
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Tasks to be accomplished ? Finding out the electricity generated per crystal ? Finding out the optimal number of crystals per tile ? Finding a method of collecting all the electricity produced from different tiles ? Creating the tiles containing Piezo-Electric crystals embedded in them ? Creating padding for the crystals to prevent damage
KEY RESOURCES and SUCCESS FACTORS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Technological ? Piezo Electric crystals ? Technology to embed the crystals in tiles ? Financial ? Procurement costs, product development costs, installation costs, administrative costs, sales and marketing costs, tax and other costs ? Legal ? Permissions for embedding the crystal circuits under roads and pavements and in buildings at test sites ? No Objection Certificates from municipalities ? Success Factors ? Electricity generation which can be used to power the house/building/block/factory etc
MEANS-ENDS FRAMEWORK
Old Ends
Commodity Product Improvement
PHOTOVOLTAIC CELL SYSTEMS
Old Means
THERMAL ENERGY
New Means
Process Improvement
NUCLEAR ENERGY
Breakthrough Innovation
PIEZO-ELECTRICITY
MEASURES and BENEFITS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Measures ? Installed in houses/buildings to cater to energy needs ? Should be installed in the areas of high loads e.g. roads, parking, footpaths etc ? Should be installed in areas of very high population density and very high vehicular density ? Benefits ? Houses - Help in self sufficiency wrt electricity generation ? Roads, bridges - Provide constant power generation by using a constant source (pressure) ? Coverage of a large area will help in great amount of power generation thus saving the conventional fuels
MARKET SEGMENTS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
? Government ? Greater opportunities for R&D. ? Invest & leverage this technology to fulfill the energy needs of the country. ? Industries ? Large & small scale industries ? Help optimize & manage their energy requirements ? It will make them self sufficient and reduce costs ? Independent Households ? Small, medium and large houses ? Enable them to become self sufficient wrt electricity
ACTION
‘GIVE ME FIVE’ FRAMEWORK
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
PERSONAL ENTERPRISE
EXPLORATION
REALIZATION
ACTION
? Observed as a customer or employee of this industry ? Crisis situation due to increasing energy demand and depleting conventional sources of energy ? Things businesses should be thinking about right now ? Energy generation using inexhaustible, easily available & low cost sources of energy ? Things customers would tell you ? Cost has increased due to demand-supply mismatch ? Actions businesses in this industry should take ? Concentrate majorly on R&D ? Ideas that businesses haven’t even thought about ? Generating electricity from common occurrences like walking, driving a car, swaying of trees etc
ANNUAL SALES, PROFITS AND INVESTMENTS
IDEA GENERATION IDEA EVALUATION IDEA SELECTION
6000 5000 4000 3000 2000 1300 1000 0 Investment 5000
PERSONAL ENTERPRISE
Sales
Profits
EXPLORATION
REALIZATION
1000
ACTION
Initial
Low
Medium
High
doc_181582962.pptx