Step 1

Register online and create your account or log in. You will receive a confirmation email to activate your account. You will then go through a short registration process where you can provide detailed information about yourself. If you can't find the email, check your spam folder.

Note: The CEC will be held in English. Therefore, only submissions in English can be considered.

2.8 The Idea Makes the Difference 
It is the quality of the idea that is the decisive factor – an idea 
that at the outset seemed crazy to almost everyone: only one 
type of tea and only in big packages. But this was not a whim 
or a passing fancy; it was a very carefully thought-out concept. The principle is to build from function instead of 
fol-lowing convention. If you systematically look for the 
factors that make a product like tea so expensive in 
Germany, you almost inevitably come up with this 
solution. Although it may seem strange, it does make 
sense because it cuts costs radically. The tea business as it is 
conventionally run appears to be normal only because this 
is what we are accustomed to. 
Gottlieb Duttweiler, the founder of Migros, the Swiss 
grocery chain, must have felt the same way. He was amazed 
at the high prices Zurich retailers were asking for their products. In 1925 he reported that Zurich housewives had to pay
three times as much for their purchases as what had been paid in 
the producing countries.5 Today this is true to an even greater 
extent; now the ratio is ten to one. Business costs account for 
nine tenths of the retail price. Thus, contrary to the generally 
accepted view, despite all the streamlining, the costs accruing to 
businesses have risen steeply, particularly due to the everincreasing expenditures for marketin

Mother Teresa said we often forget common things like smile that has inner power

while I Ephraim inspires all that: „Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has.” Margaret Mead

HAVE PRACTICE ANY LESSONS TODAY BEING JULY 3RD, I UEGE YOU TO BE FOCUS AND COMMITTED

What do you need today to found a company? Capital Business knowledge A well-considered and mature concept My co campus member, brainstorm on the question and answer intuitively Ephraim CEO and Founder

What problem do I want to solve? (Where do I want to set accents? What do I want to influence?)

Where are my strengths? What comes easily to me?

Search for new ways of looking at the problem.

Where do I break out of convention and move toward function?

For example: How can I simplify processes and/or leave things out?

What ecological problems can my idea solve?

What are the clearly identifiable market advantages of my idea? (What makes my idea stand out?)

Is the idea concept I have worked out so far sufficient to achieve good profits in the long term?

Where could I use components? Do these components relieve me of tasks that I am not good at or that I am not well suited to?

Can I fall back on what I already have (multiple use)?

How do I protect myself from technological obsolescence?

How do I protect myself from economic obsolescence?

Is what I have achieved so far really sufficient to successfully implement my concept in the market?

How does my idea create sustainable value?

What could I make my idea even more sustainable?

What are the key points of my idea in terms of sustainability?

How can I present my concept to potential customers?

What conclusions can be drawn from this? What does this mean for my idea?

Swifties Streetwear will be a fundraising shoe non-profit organization that will provide scholarships. We can have a raffle entry and promo

Business Development

Internet / Multimedia

New Work / Inner work

Prototyping / Testing

Proof of Concept

Clean Water and Sanitation

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action

Life on Land

Submit Idea/Project to Competition

Thank you for your submission! We will check whether your idea/project meets the #CEC24 competition criteria. If it does, you have 2 months - until 31.07.24 - to work on your idea/project. In order to participate in the voting phase, you must have completed both courses and the Entrepreneurial Design Canvas (EDC).
Please note: After submission, you can no longer change the title and the short description.
Have fun learning and networking!

IdeaSwifties Streetwear

Description

Expertise

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