Name: SAHIL PAWAR Roll no: 73

EDE: Assignment- 3 Date: 19-04-2023

Aim: Generate business ideas (product/service) for intrapreneurial and
entrepreneurial opportunities through brainstorming.

1. Generating business idea for intrapreneurial opportunities

1) Product / Service: Electronic Door Bell
2) I would name this product as Contactless Electronic Door Bell.
3) I am an employee in Mehta Electronics Ltd. For which I will be working
as an intrapreneur.
4) This idea strike my mind as because of ongoing pandemic when the
germs are spreading with the touch so when we will touch the bell switch
so the germs present on it will come on our hand and would lead to
various sort of diseases to ourselves and our family. So to avoid getting
ill and remaining healthy this idea stuck my mind.
5) When this idea struck my mind I explained it to my colleagues by telling
the cons and pros of my product idea.
The pros of my product idea is:
(1) For operating my product the person doesn’t need to touch it. Just by
moving the neck or hand or with any finger showing downward
direction we can press the doorbell. So the germs present on it doesn’t
get on our hands or any part of the body which helps in remaining
healthy.
The cons of my product idea is:
(1) For operating my product it requires and active electric connection.
6) The expectations of people from this product is that it must be helpful to
prevent the spread to germs that take place due to pressing the switch of
the doorbell.
7) I might require approx. 6-8 months for launching this product in the
market as creating a prototype along with the creation of hardware and
software along with testing might require this amount of time span or
lesser than this.
8) I will require 15 people in my team.
9) There is a smart electronic doorbell available in the market which comes
with camera but this product is entirely different from it.
 Name: SAHIL PAWAR Roll no: 73

2. Generating business idea for entrepreneurial opportunities

1) Product/service: Boot Polish
2) I would name this product as Waterproof Boot Polish.
3) My company name will be Parikh Boot Polish Pvt. Ltd.
4) This idea strike my mind when during rainy season or when shoes are
washed so the water takes time to roll off the shoes and some water
remains on it. This leads to early wear and tear of the shoes. So in order
to avoid it this idea strike my mind.
5) As the available boot polish in the market doesn’t provide the
waterproofness and which leads to wear and tear of the shoes faster than
before so to avoid it this idea of waterproof boot polish struck my mind.
So to avoid wear and tear of the shoes faster and to retain the life and
polish of shoes for longer time this product is needed in the market.
6) The pros of this product is:
(1) This avoids the wear and tear of the shoes and maintain the polish of
the shoes.
The cons of this product is:
(1) It might be a bit expensive in compare to other regular boot polish
available in the market.
7) The expectations of the people in the market is that it will help the people
to extend the life of shoes.
8) Our company might require 8-10 months for creation and testing of the
product.
9) I would nearly need Rupees. 1, 00,000 – 5, 00,000.
10) I would manage by assigning 10-15 people for designing of the
product, 20-30 people for testing of the product and 40-50 people for
marketing of the product.