A small group of EA members got together last Friday and came up with a basic business model for a smartphone app. Our idea stemmed from wanting to create a consumer product, and to work with a $10,000 budget. We discussed who the target market would be, and then broke into smaller groups to do research online. We looked to determine if other products similar to our idea already exist and how we need to differentiate from these products. We briefly worked on a breakdown of the budget, factoring in expenses such as hiring a programmer. We would love to have a larger group at the next flea market, so we can split up into groups and have a “flea market” of ideas! Please contact us if you have any ideas for the next flea market event.