Month: September 2013

Our idea decision making process

Posted on Updated on

In session 1 we were provided with means of inspiration to be able to come up with ideas for a startup and a tool for evaluating different ideas. After class all team members did some thinking and we were able to come up with a variety of ideas:

  1. Motorbike Taxi Service
  2. All training app
  3. Self-charging solar panel headphones
  4. Container recycling to build affordable and environmental houses
  5. App for freelancing services (sell and buy)
  6. App for world’s smoothest traveling connections
  7. The heat -able lunch box

We decided to evaluate them by first asking: Does this idea solve a customer problem? Will people see the use of this product/service? Will they buy it?

After getting an overview over the members’ thoughts and comments on these questions, we ran the ideas through these criteria:

Image

We gave the ideas points and concluded on “The heat-able lunch box”. It got a score of 19. The scores were high on Doable, Bootstrapping, scaleability, potentially global, usage of internet as channel. The scores were lower on disruption, innovation and if it would go viral.

In retrospect we are really pleased with our idea. We believe it to meet a need which has been unsolved up untill now.

Stay tuned for the development of this amazing product by this even more amazing team!

Welcome to our legacy!

Posted on Updated on

This is our Business Model 1.0

945824_10153267413120291_1962617355_n