Module 6

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

Course deliverables

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)

OWLET – //www.youtube.com/watch?v=f-8v_RgwGe0

WAVIO – //www.youtube.com/watch?v=53Zr5ck0Qlk

• HOW DID THEY PRESENT THE PROBLEM?
• HOW DID THEY PRESENT THEIR SOLUTION?
• ASSUMPTIONS?
• 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