The buddies answered your questions - Part 1

The Pocket Money Pitch buddies have helped the contestants through many tasks and ideas. See what they thought of your business ideas and questions...

The buddies

The Buddies' Answers

Amber's Answers

Buddies

Posted by CeriseFireyCherry - Amber, as a jewellery designer would you make a necklace out of erasers?

I think erasers could be a cute charm for sure!

 

Posted by PearlPoshAvocado - Who do you think was the strictest guru yet?

John Graham, the Guru in the Sports and Adventure category had some tough questions..very savvy guy.

 

Posted by PearlPoshAvocado and GingerCreativeHeather - What business idea stood out to you as one that would get really famous?

I loved the Sludge from the food category! 

 

Posted by AzureStripyCheetah - Do you wish that grass was the colour pink?

I often wish that grass was the colour pink yes.

 

Posted by BlueFluteHeather - When did you come up with the idea of creating a business and how did you get your ideas?

We all have great ideas the key is to follow through. Strategy without execution is hallucination!

 

Posted by GarnetZingyKid - What do you do in your free time?

I play chess, read a lot and go out dancing!

Ben's Answers

Buddies

Posted by BrownJumpingOstrich - What would you recommend for animating and camera effects?

There are some great non linear editing packages out there (NLE's) and visual effects software (VFX) ranging from very professional and expensive to simpler and more affordable ones. It's all about finding a software you enjoy using, no-one likes editing unhappy!

 

Posted by BerylSpringyHorse - Would you rather put your hand in ketchup or put your face in mayonnaise?

Hmmmmm, definitely hand in ketchup!

 

Posted by IvoryJumpingBluebird - Ben,what would say has been your favourite pitch so far that has got through?

Wow this is hard! There have been sooo many awesome pitches. I have to say I did love the Den Ventures pitch though, the boys rocked the vault and added in some humour!

 

Posted by VioletTitchyPlum - What kind of ideas do you like most? computer ideas, clothes ideas, food ideas?

All of my businesses so far have been based around tech but cover a number of different industries including clothes, food and computers. I think it is more about the people behind them, as if you make your idea sound fun and show it will work, I will most probably like it too.

 

Posted by CarmineChattyTurtle - Hi, do you always wear matching socks or odd ones?

Matching! If I were to wear odd socks I think I would keep spending the day looking at my feet seeing which foot was each colour.

 

Posted by ScarletGrumpyPanther - I have a really good idea, but I just don't know how to make it big if i am too shy to go on Pocket Money Pitch. Will you help me?

Ask some people who you can trust and speak to and see what they think. In business unfortunately it is a lot about having confidence in your product so the more you tell people you trust the more confidence you will get to then go on and do better things. So start small and just keep trying to overcome little barriers. One great way to see if the idea will work is to ask people you don't know (but your target market - people who may buy the product) what they think and if they would use it, this will help you get some more confidence for the idea and also get some awesome feedback which will help! There are loads of excellent support services out there for young people with an idea all over the UK so why not ask your parent / guardian to help you look online to find a good one which will help :)

 

Bianca's Answers

Buddies

Posted by

TealGlowingBadger, BlueVioletMiniBaker, FireOpalSnowyMonkey, LilacBiscuitDudette, AmethystSuperWallaby and GingerBiscuitPapaya - What are your tips on anyone wanting inspiration for business ideas? 

My top tips for business are:

- Create a business that solves a problem, it may be an everyday problem that you have and it is very likely that if you have that problem then others do too.

- Then research the idea that you have, it is also very possible that if you have the problem that someone else has thought of the solution. So check if it already exists, if it does exist that is not always the end of the story - because you may think of a way to make the solution even better, more innovative or more unique. Think toothpaste, they all do the same thing they help to clean your teeth but that doesn't stop lots of brands offering the same solution, the only difference is the way they approach the problem and the way they brand the solution.

- Have an idea that you are passionate about, business is hard work so you have to love what you are doing and do what you love.

- Think about the product/service, the price you will charge, how you will tell the world about your idea and where you will sell. It is definitely important to look at how much it will cost you to create your business, your price point and therefore how much you will make on sales.

- Then test your business idea on a focus group of potential customers to find out what they think about the product/service and the price point

 

Posted by PeridotSuperSquirrel - What would you want your job to be, if you didn't own a business?

I would love to work in marketing potentially in a marketing agency, I love marketing and branding new products and businesses. I would love to be a part of that journey for entrepreneurs

 

Posted by GreyMuffinApple - My question is for Bianca, you were on the TV show The Apprentice how did u find the experience?

The Apprentice experience was amazing but also very difficult, even more difficult than it looks on television. Imagine living in a house with 19 strangers who all want to win a large amount of money, then give them some tough business tasks and stick a camera in their faces! Hard work, great fun and even better television!

 

Posted by PearlPoshAvocado - if you had to be an ice cream flavour what would you be?

Definitely vanilla with large chewy chocolate brownie pieces..yummmm..

 

Posted by LavenderGiganticJellyfish - How did you get involved in this industry and what qualities do you need to get to the top?

I started out in the industry in a large organisation in the city of London where I was responsible for managing and assisting graduates with their career development then I realised I loved helping people understand how to market themselves and increase their opportunities. So I started my business to help lots of people at different stages of their life understand how to shout about all the amazing things they do in a way that helps them achieve their dreams.

 

Posted by IvoryHoppingChipmunk - Do you like football team do you like and why?

I support Arsenal, mostly because my fiance does and so we go to games together as a result i have become quite attached to that team.. i have a t-shirt and a membership !