THE END

Hey guys,

So everything is now posted for the Final Business Model Package...I hope. SOOOOO GLAD TO BE DONE! Have a great Christmas and good luck on all your exams!

5 Year Plan

I am stuck on how to move forwrd with the 5 year plan...I am gonna email what I have to everyone and maybe one of your guys will have an idea to move it forward?

Thanks!

Lane

5-7 Page Report

I just added customer relations and key activities. I kept my parts short because we are already at 5 pages without Jared's parts.

I can extend mine if need be.

What we need to have done:

Hey boys, as you know we need to have our sections ready for the business model canvas hand in thing. Here is how we've broken it up:

• Key Resources - Jared
• Key Partners - Jared
• Key Activities - Pat
• Value Proposition - Madeline
• Customer Relations - Pat
• Customer Segments - Madeline
• Channels  - Madeline
• Cost - Lane
• Revenue - Lane

Prototype Hand-In

I just added a page called "PROTOTYPE HAND-IN"

Look at it and let me know what you think of the content. The formatting is off because I copied and pasted it from word.

Almost Done!

Last night went quite well. I am proud of His Man Friday, because we started this concept from scratch at the beginning of the semester. It's interesting to compete against ventures that have been in the works for over a year, and it's satisfying to be in the top 3 among those types of ventures.

Now that we are wrapping up, we have to finish our 5-7 page hand-in by the 14th. Also, We have to compile a hand-in with all the relevant numbers about our prototype. Hopefully we can have this done soon as well so that we can get our marks back soon.

Almost done team, lets finish strong!

Congrats to Mido and NYX, both pitches were extremely well done. Peter came right out of the gates with a tug at the heartstrings, then moved to literal examples of customer segments with his use of "Jessica" and her "boyfriend" and their buying patterns. It was well explained, and I think he did an outstanding job getting his concept across to the crowd in 6 minutes. Ian and the NYX team used great visuals and I loved the short video that began the pitch - it really set the stage for the brand's identity. Ian is a great pitcher as well, and followed the video with a well thought through pitch that addressed all the necessary points. This, backed up with Matt's visuals on the slides, really captured the brand.

Great job everyone!

Men's Grooming Lounge

www.groominglounge.com

This place is an extremely similar offering to our. Check it out!

Awesome!!!!

WOW! - This looks fantastic you guys. It's come a long way since the inception and orginal vision. All of you should be very proud of what you have accomplished is such a short period of time. I can't get over how well you all work together and support one another in this great venture. All the best to you when you present your pitch. I was hoping that I might get an invite to see you all in action. Once again . . . job well done.

Cheers,
Monica

Prototype

For Tuesday morning (9AM), when we meet with Evan, are we supposed to have the Sketchup, building costs, and calculations in one hand in? Or is it okay if we reference to the blog for the building costs and calculations? He never specified how he wanted it handed in to him, so I assume its okay if we show him the Sketchup on Jared's computer, then refer to the building costs and calculations on the blog...

What do you think?

Also, is everyone able to come in the morning? I know Madeline and Lane said they could last week in class, but I never heard from Jared - can you make it?????

One Page Investor Summary

His Man Friday Team

Patrick Bruns, Madeline Dowhaniuk, Lane Kinas, Jared Rasmussen

The Problem

Real men need to be pampered. Men are interested in their visual appearance, and society is as well. Making a first impression on an employer, a complete stranger, or the opposite sex, can oftentimes make or break a person. People are quick to judge on appearance, but why even give them a reason in the first place? The key is to look sharp and always put your best face forward. The problem is, men can lack knowledge in how to groom, don’t know enough about products in the market to try them, or are simply overwhelmed with the array of products in an aisle of the local drug store.

The Solution (Value Proposition)

To solve this issue, men need a source to get an education of grooming and hygiene products and how they can utilize them for their benefit. Introduction of the His Man Friday store could be of great assistance to enhance your natural man. This store caters to men who upkeep their appearance, present themselves appropriately, and stay well-groomed. His Man Friday can be the sidekick for everyman to utilize; body, fragrance, skin, hair, and shaving products are all chosen based on personal needs.

Customer

• Men – Primary User and Buyer
• Women – Secondary Buyer

Marketing & Sales Approach

• Social Media:
• Facebook and Twitter accounts – updates, photos, contests
• Website – pages that included: who we are/what we represent, in-store promotions, contact information
• Print Ads – posters with QR codes and magazine ads

Key Resources

• Suppliers – white labeling manufacturer/supplier (key milestone: completion date by July 2012)
• Store Design – unique store to offer specialized products and services 

The Competition

• Men specific brands (i.e. Axe or Dove Men Care) and the retail locations that carry them (i.e. Shoppers, Wal-mart, etc.)

Financial Projections

Total monthly income: $69,000                 Annual income: $828,000

	Products	Services
Avg Price:	$8	$40
Avg Daily Sales in Units:	200	15 – 20
Avg Daily Revenue:	$1600 x 30 = $48,000/month	$700 x 30 = $21,000/month

The Close

We are solving the problem of under-groomed and under-pampered men. With our team and your investment, we can solve this problem in the emerging and growing market. We are looking for $250,000 for initials building renovations/materials, inventory, and first six months rent.