a root chopper for producing a natural plant supplement 2.009 blue team december 12, 2005 12/12/05
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a root chopper for producing a natural plant supplement
2.009 Blue TeamDecember 12, 2005
12/12/05
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1 minute later…
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Scale: 1 grid = 0.25 inches
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10 months later…
+12% +17%
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Technical Innovations
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Technical InnovationBent Flail Blades
Increased SafetyIncreased Life
Blade Geometry
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Technical InnovationDetachable Cutting Chamber
Increased Functionality
Easy Access
Constrained Movement
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Technical InnovationToggle Latch
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Technical InnovationSafety Mechanisms
Reed Switch
Motor Braking: 0.13 seconds
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Product RealizationInitial Target Market
Organic Farmers
Small Farmers
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Product RealizationCosts
Cost to Manufacture = $215
Retail Price = $850
NPV Over Next 6 Years = $1.3M
Return on Investment = 76%
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Product RealizationBusiness Plan
First Year Sales: 1000 units
Projected Increasing Sales
Secondary Customers
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Product RealizationConsumer Incentive
Yield Increase
Increase in Sales
Farmer A
5% $700
Farmer B
10% $1,400
Farmer
C
50% $7,000
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Projected sales increase per harvesting season on a 10 acre potato farm
Product RealizationCompetitors
Price per 100 Plants
Plant Success $40.00
BioOrganics $16.00
First Fruits $7.50
InocuPro $2.00
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AcknowledgementsThank You’s
Dr. Dave Douds, USDA
Prof. Woodie Flowers
Prof. Samir Nayfeh
Prof. Dave Wallace
Dick Fenner
Steve Haberek
Bob Nuttal
Bob Gertsen
Joe Cronin
Chet Reshamwala
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Questions?
Bahia Grass
QuickTime™ and aTIFF (Uncompressed) decompressor
are needed to see this picture.
Mychorrizal Fungus
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Product RealizationUSDA Research
Technical InnovationCoffee Grinder
QuickTime™ and aTIFF (Uncompressed) decompressor
are needed to see this picture.
Technical InnovationElectronics
food mill
cheese grater
herb mill
chopper
linear grater
Technical InnovationCurrent “Chopping” Methods
food processor
Technical InnovationCurrent “Chopping” Methods
Cuisinart
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Cash Flows Over Time
-600
-400
-200
0
200
400
600
800
1000
1200
1400
NPVof
CashFlows
Quarters
NPV of Cash Flows in Thousands
Periodic Cash Flows
Cumulative NPV of CashFlows
Product RealizationProjected Cash Flow
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Competition Break Even
Plant Success 22.4 Grow Bags 7.5 Acres
BioOrganics 60.7 Grow Bags 20 Acres
First Fruits 154.5 Grow Bags 52 Acres
Product RealizationCost Comparison