Homework assignments (delegate tasks below to each team member)
Finish your business model in Gdrive (use tempalte)
Share business model with mentors and have a mentoring session next week.
Run more interviews/MVP experiments as discussed in class
Do more research on the technology for your product and estimate costs
Set up a landing page using links below
Begin working on your final pitch presentation
1. Fill out a complete business model (details in all boxes) *use new template in Gdrive
2.Make a list of risky assumptions (Market assumptions + Tech assumptions)
3.Plan experiments to test assumptions
(Interviews + pre sales + simulation)
4.Run experiments and track what you learn (be methodical)
5.Validate/invalidate assumptions and decide to pivot/persevere
6.Make a roadmap to launch the business
7.Prepare and deliver an awesome pitch
WATCH, TAKE NOTES AND LEARN (ALSO FROM Q&A)
- HOW DID THEY PRESENT THE PROBLEM?
- HOW DID THEY PRESENT THEIR SOLUTION?
- VALIDATION PROCESS?
- INSIGHTS AND PIVOTS?
- FINAL PRODUCT SOLUTION AND BUSINESS MODEL
(MARKET SIZE AND SEGMENTS, CHANNELS, COSTS, REVENUE STREAMS, PRICING, PARTNERS)
- Next Steps – Milestones + the ASK
Landing page creators with A/B testing capabilities
Payment processing (taking pre-orders)
Create a cool explainer video: