From Concept to Market ---> "Ideal Samples", a Canadian company based in Toronto, offers services to New Entrepreneurs.

From the link: http://idealsamples.com

Info from the company website below:

 

What do we do?

We help bring your ideas to life from concept, through product development and then to market. We’re here for you when you need us so you decide at what stage you want help. more

Think of us as your board of advisors guiding you through the process of bringing your Idea to life.

Are you ready to work together to develop & launch your idea? Imagine this:

• A team of experts available when you need them
• Advice you can trust so you’re more confidant and certainty when making decisions
• A proven process that is customized to unique to your idea
• Reliable resources at your finger tips, saving you time & money
• Help at each stage of the process; concept, design, development and market
• Reduced the learning curve from years to days or even moments
• Learn what you need to know to get it done right
• Sample and product production made simple and cost effective

This is ideal samples!

We know what you need to know so you can be successful with your idea or product. Every day you’re faced with questions:

• Do I have a viable concept?
• How do I protect my idea?
• What goes into creating a successful brand?
• How do I create a spec?
• What kind of sample do I need?
• How do I find reliable manufacturers?
• Who do I sell my product to?
• Which marketing strategies and tactics will work for me?
• What don’t I know that I need to know?

Not knowing the right steps to take can be very costly.

Knowing the right steps in the right order will give you the ultimate competitive advantage and more certainty that you’ll be successful. We’re here for you during the entire process ensuring you have the advice, tools and the support you need to achieve your dreams and goals faster.

What is Money Illusion? ---> "A nickel ain't worth a dime anymore" / "5 cents is not worth 1 cent, anymore!"

Link for a good article on Money Illusion: http://psych.princeton.edu/psychology/research/shafir/pubs/Money%20Illusion.pdf

Money Illusion ---> The tendency to think in terms of NOMINAL, rather than REAL monetary values.

The layman, the common man who is not educated in Finance may not be aware aware / or may not always consider that a certain amount, say $10 in the future is not the same as $10 today. This ignorance or lack of perception is the behind concept of money illusion.

Is your salary keeping pace with inflation? Unless you have a magic trick like this to make money grow, your income better keep up with inflation :)

Rethink your Retirement Savings! Consider Money Illusion factor! ---> $4 million savings for 2042 is only $2.2 million (@ 2% inflation) or $1.2 million (@4% inflation) today...

From the link: http://money.cnn.com/2012/02/02/pf/expert/retirement_saving.moneymag/index.htm?iid=SF_M_LN

The author hopes to have $4 million saved by the time he retires in 30 years. That sounds like a lot of money, but how much would that be in today's dollars? Psychologists and behavioral economists are familiar with our tendency to overestimate the value of future dollars. They even have a name for this phenomenon – money illusion. if inflation were a relatively modest 2% a year, $4 million in 30 years would have the purchasing power of about $2.2 million today. And if inflation heats up to a 4% annual pace, $4 million in 30 years would be the equivalent to about $1.2 million today.

Most people are not used to thinking of money in real, or inflation-adjusted, terms. People have to overcome “money-illusion” and save for retirement in Future Value terms, not Present Value perceptions.

SIFE Ryerson on Breakfast Television Calgary

10% Luck + 20% Skill + 15% Power of Will + 5% Pleasure + 50% Pain = 100% Success :)))

This is ten percent luck,
Twenty percent skill,
Fifteen percent concentrated power of will,
Five percent pleasure,
Fifty percent pain,
And a hundred percent reason to remember the name!

From the song: Fort Minor - Remember the name.

An old video about SIFE Ryerson (2008-2009)

2010 $25,000 Slaight Business Plan Competition Winner ---> Damn Heels.

Here is a Globe & mail article about the company:
http://www.theglobeandmail.com/report-on-business/small-business/sb-managing/leadership/idea-to-market-do-it-alone-or-get-help/article2235372/page2/

And another video:



And a Promo video of the company:

$25,000 Business Plan Competition

From the link: http://startmeupryerson.com/business-plan-comepetition/

Business Plan Competition | $25000 Slaight Communications 

WHAT IS THIS COMPETITION ABOUT?

The competition is about you, an aspiring Ryerson student who has a great idea for a new business, a burning desire to launch it, and a need for some seed capital to get it started. Thanks to a generous donation from Mr. Allan Slaight of Slaight Communications, Ryerson University is able to operate a competition where committed entrepreneurial students can be supported in their desires to create new businesses in the community.

WHO IS ELIGIBLE?

The $25K Slaight Business Plan competition is open to all current Ryerson University students. A majority of the business owners must be current students (full-time, part-time, con-ed).

IMPORTANT DATES:

FRIDAY, FEBRUARY 10TH, 2012 - First Round Submissions (OPTIONAL)

• Plans can be submitted electronically to submissions@startmeupryerson.com and will receive feedback from MBA students, you will get your plans back on February, 24th, 2012.

MONDAY, MARCH 5TH, 2012 - Final Submission Date (MANDATORY)
FRIDAY, MARCH 16TH, 2012 - Top Five Teams Will Be Notified
MONDAY, MARCH 26TH, 2012 – The Big Event/5 Finalist Presentations

• The top five teams present their plans to a panel of expert judges and the grand prize winner will be selected!

WHY YOU SHOULD ENTER:

There are lots of reasons. It’s a fun experience. It looks great on a resume. And if you are serious about starting a business, it’s a great way to get expert feedback on your idea and your plan. You can make some great new contacts that can help you get started on your business idea and get you some media attention. You might even meet an investor who wants to put money into your business. And if your goal is to successfully implement your idea, there’s the small matter of the $25,000 prize.

Registration is Now Open

WHO CAN I TALK TO IF I HAVE A QUESTION THAT IS NOT ANSWERED HERE?

General inquires can be made to: bpc@startmeupryerson.com
The following links contain more in-depth information about the competition:
Submitting Your Business Plan
The Judging Process
Your Business Plan and Extra Help
Competition FAQ’s

Who Plus You system of Ryerson University to assist / to enable job placements for new graduates.