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Monday, December 5, 2011

Its all Coming Together

So it seems that the semester is finally coming to an end, and with this SourceSpout too will soon die down.  However, none of this is without a final bang!

The adventure begins:  From the beginning of our venture we set out with hopes to create a product that would better our peers and a problem we see affecting many around us.  Almost in a sense social entrepreneurs encouraging and pressuring responsibility from those in our community and to help endow accountable behavior.  We wanted people of age (21+) to realize that they were past their limit, it not being safe to drive (by using our product), then identify an alternative source packaged on the product as well to give them a safe ride home.  This in the end we hoped would secure safety for the individuals themselves, as well as the people in our community who could be affected by others irresponsible actions. 

On the Ride:  It became quite apparent that much of this was going to be much more difficult than we expected.  Everything from determining the right device to initially purchase, to something we had so obliviously overlooked such as effective wrapping and packaging.  This proved to be quite a venture as we tackled nearly every Harrisonburg store and conquered many internet sites till we finally settled on a small vile package from what seemed to be a reliable site.  Next, we had to tackle the issue of getting JMU to let us sell on campus, amongst our peers, considering they first denied us this right.  With much persistence and proof that our product was for safety, not a past time for people to see how high their B.A.C. was, we were able to get approval for sales on campus!  After this it was merely a matter of getting the products in, actually assembling the goods, then adding the logo and local taxi numbers to the container for others to use.  Furthermore, we were even able to team up with SafeRides, a local JMU affiliation supporting alcohol awareness and offered to donate 5% of our proceeds to their cause by allowing us to put their logo on our product.

Reaching the Final Destination and Lessons Learned:  As the semester is now coming to the end, we have been highly satisfied with how our project has turned out.  We have managed to make a product of actual use to our community…and not only of use, but with a good cause.  After all, its not just the underage kids getting in trouble, but irresponsible people of age making poor decisions.  One thing we had set out to do was to sell the product to local bars and restaurants which highly encourage happy hours and some people merely “having a drink or two” and being “ok” to drive.  The only problem with this was that considering we are all college students, time is of the essence and there is not much to spare!  With two of us having other jobs on the side in addition to being a full time student and one being injured part undergoing surgery halfway through our venture, we found that the dedication we needed to truly market and advertise for SourceSpout was not fully achieved.  Perhaps if we had been part time students, not under the pressures of tests and projects in our many other classes as well we would have been able to achieve some of these goals which we had set out with.  Along those lines, we had planned to make a twitter and a Facebook account to advertise for out product and safety awareness facts about drinking and driving.  This, just as the marketing to the bars never came full circle. While we did make a page, we lacked the attention to keep up with it.
          However, despite these setbacks, it was not a failure!  We did indeed make sales over $400 and have fully covered our expenses to begin this project and extra cash along with that!  We believe that if we had to redo this project we would start out with more enthusiasm and vigor right off the get go than we did now.  To get the product assembled sooner, sales going faster, and that money coming in we should have shown more effort from the beginning instead of letting everything “fall into place.”  For future entrepreneurs, we suggest to create your idea, and stick with it.  After all, we weren’t sure we could get people to buy a onetime use breathalyzer for $10 at first, but what do you know, it worked.  Our effort, persistence, and positive attitude when others told us it was pointless to buy a onetime use breathalyzer conquered all the obstacles in our way allowing us to actually have success on this venture.  Maybe not as much as we had wanted, but when it comes down to it, SourceSpout was a success.   
        Without the many lessons from our entrepreneurship class, we aren’t sure it would have been quite as successful as it was.  Whether it came down to the idea of failing forward (as we attempted to get MADD to support us as well, with no avail), following trends (happy hours in a college town), attacking a niche market, or the notion that an idea (SourceSpout) is an investment and needs to be progressed to be worthy of anything.  It’s all true, the lessons have come together and we as a group have truly come to value the thought that an idea is nothing without the people behind it; ideas are constantly generated and formed, just as we at first blew off the idea to sell breathalyzers, but with our group behind it we have persisted to success.

Sunday, November 27, 2011

Sell, sell, sell

We officially began selling in the Showker business building and its actually been quite a success!!  We sold 6 on our very first day, good considering that many students are underage.  We plan to continue this progress and keep the sales strong throughout the following weeks!  We have already reached over $100 in sales and want to keep this going!  One thing we found is that many people want to simply by the replacement breathalyzer for 5 dollars instead of the package for 10, so we may have to readjust the pricing and deals for all different packages.

Friday, November 11, 2011

What a productive last few days! All our materials are in and assembly is complete. We have packaged 50 breathalyzers in the plastic vials with cotton balls for added protection, and 50 replacement breathalyzers in small ziplock bags. Each package has our company label and local cab numbers that can be reached in case the test is failed. We also had a detailed instruction manual copied at Staples. This instruction manual is direct from the manufacturer and included with each breathalyzer to relieve us from any discrepancies or liabilities for inaccuracy or misuse of the product. We look forward to extensive selling beginning this weekend and early next week!

Thursday, October 27, 2011

Packages Arriving


Packages are coming in which means we are right around the corner from selling. Hope everyone is excited and looking forward to us selling. We also got approved to sell on campus which we think will help improve our sales. We did not get MADD's support but we did however get JMU Safe Rides support and will be donating a percentage of sales to them. We will be selling in Showker and the Commons hopefully starting Wednesday next week. Hope to see you all there.

Thursday, October 20, 2011

Time to Promote


At last the square we are going to utilize for credit card payments is in and products are ordered and final assembly will begin shortly.  After much research and consulting with various distributors we have finally found the perfect small plastic container we have been looking for!  We have ordered 100 of the containers (costing about .30 per container) and the breathalyzers.  Now we will be able to attach taxi numbers to the container without jeopardizing the instructions on the product; maybe not perfection but most definitely progress!

In addition to these production efforts we have been constantly been updating and revisiting our business model canvas.  We have contacted MADD and are attempting to add them as a new Key Partner to our business.  If they agree to our proposal, we would love to provide them with 5% of out proceeds and attach their label to our product.   It is our hope to save his or her life and the lives of others, while also contributing to the fight against drunk driving.

While waiting for the product to finalize we are beginning to seriously market and advertise the product, via making a facebook page for people to see with fact about the dangers of drunk driving.  We are also going to begin pitching to bars to buy our product and are trying to get approval to sell on campus due to the fact that the product isn't a breathalyze in the sense to see how high one is, but a device that is pass/fail.

Monday, October 17, 2011

Struggling For Containers

Hey all, so we are trying to get the ball rolling with a final prototype, but this is actually much harder than we conceived it to be.  While originally we thought we would simply make the breathalyzer into a key chain, we are risking the product being damaged, so now we need to find a container of some sort to help keep the product both safe and able to be easily carried around.
 
We ventured everywhere from Michaels, to Walmart, to the Dollar Store brainstorming and attempting to be crafty, but the breathalyzer is a bit longer than we expected cutting out most plausible containers.  With this delay, we have finally decided we need to make an initial large shipment (since it is also most cost effiecient), and attempt to begin selling and marketing without our ideal container and continue working to better the product in the NEAR future.  After all its better to start an initial sell and receive some profits than to wait for perfection!

Friday, October 7, 2011

Developing the Prototype

We plan to have a prototype of our official product in about a week. As we develop this prototype, we are already actively engaging in asking around to see what people think, and test it out to see if this goes well before we make our first big order. We are thinking we will be able to sell starting by October 11, 2011. We are currently working on our business model and have engaged in an active process to see what we have tested and failed (red), what we have tested and confirmed (green), and what we need to test (black). (Colors indicated on the model.)


We are still trying to further our connections; if anyone knows anyone or any group that would be interested in our product please let us know. We have discovered the real value of key partnerships and know that they could be the potential component to our success in helping us distribute and market this product

For those that are checking out our blog we appreciate it and we will keep you updated where and when we are selling.