MIT GSL 2018 week 1 | tuesday.

Slides:



Advertisements
Similar presentations
Ideation Bootcamp The Founder Institute
Advertisements

Powerbridge Customer Discovery and Markets. Overall Considerations Keep in mind: – Why Now? – Solution or Idea – Market Size – Revenue Model – Competition.
Job Search Skills Jonathan Goodman Executive Recruiter.
*** Remember – this material is based on 7 Habits.
Tech Coast Angels What is TCA? Why Might you Care? What you need to know if you do.
Steve Jobs' 12 Rules of Success Lessons from Steve Jobs, Founder of Apple Computers.
Managing the Unexpected …and keeping people safe at the same time Jason Rowley Group Health and Safety Director Carillion.
to Effective Conflict Resolution
Phone Skills Create The Master. 3 Rules To Remember When on the Phone #1. Always Remember you have what they want #1. Always Remember you have what they.
Getting the Interview: Make your Application Stand Out and Get Noticed Matthew Heiydt.
Finding Success in school and work. Everyone Does It Great people throughout history have had times when they have failed before reaching their goals.
The “perfect” pitch Getting money or support for your product, business, club & idea.
2016 Kansas BEST Breakout Sessions
1.5 Entrepreneurs and leaders Role of an entrepreneur
Week 7 Agenda Review of last week’s lessons Homework Review
What is an Entrepreneur?
Your Company Name [Note: Font size of your presentation should be the average age of your audience divided by 2] Copyright 2010 Venture Mechanics, LLC.
Design Thinking for the innovative OT
Idea Name Founder’s Details.
DATE RAPE REFLECTION Take out a ½ sheet of paper & write your name & period on the top. Write for 4 MINUTES about what you have taken away from our date.
Working With Volunteers
Global Innovation Award (GIA)
Tips To Be Remembered For Start-up
The 6 Hats of De Bono and how to use them Effectively
Business Communication – Careers
ENTERPRISE FACULTY What is Enterprise?.
Employee engagement as a key driver of organisational success
Business Model Validation Lab
Building the foundations for innovation
Interviewing S.Vidya,AP/CSE.
How did God respond? Lesson 6/Final.
Using IMPROV to IMPROVE your Communication
Recognizing Opportunity
What is a computer? Lesson 1-1.
AP Computer Science Principals Course Importance and Overview
Ch. 23, Developing New Products
Business Structure & Approach
Coach Leadership Workshop 4.
I Can Work in a Group! Read title and introduce lesson to students. Ask if they ever have to work in groups at school. Lead discussion about how they.
Developing Team Leadership
Review of Ratios and Rates Unit
I Can Work in a Group! Read title and introduce lesson to students. Ask if they ever have to work in groups at school. Lead discussion about how they.
Name of team: Business Idea:
Building your Company’s Customer Insights Department
Academy for Teaching Excellence Harper College
Rwanda Postharvest Innovation Competition
Welcome to Saturdays Quick Start Training
January 25, 2018-Fresh Air Friday Tomorrow! 
Pitch Deck Template.
MIT GSL 2018 week #1 | day 4.
Global Innovation Award (GIA)
Peer Pressure.
Step 6: Full Life Cycle Use Case
Presented by: The Young Leader’s Council (YLC)
I know that what I say and do can affect my friends
Humanities Impact Project #4 Day 1
Today’s Learning Objective
Taylors University’s 11 Slide Pitch Desk
Brand promise guarantee
The Seven Basic Rules of Management
AP Computer Science Principals Course Importance and Overview
Developing Team Leadership
Last Call.
Engineering Design Process
Your Social Enterprise Name Your Name(s), Grade(s)
Help your child become a better READER
Feb. 21, 2019 Prepared by: Mark D’Onofrio
Taylors University’s 11 Slide Pitch Desk
BOOTCAMP SOCIAL INNOVATION ACCELERATOR TO CREATE LASTING CHANGE
Presentation transcript:

MIT GSL 2018 week 1 | tuesday

Agenda Review of Design Thinking Ideation Learn how to fill the top of the funnel with ideas Learn to choose the best idea Get to know your classmates and have FUN! Wrap-Up

Thinking of Design… Know your user → Understand the problem → Ideate → Prototype → Test user centric NOT product centric Do you really understand the problem? Why is solving the problem important? How many different crazy ways can you solve the problem?

Ideation

3 Types of Founders

How to come develop an idea

Fill the top of the funnel with ideas Find a problem that (1) needs to be solved and (2) you’re passionate about solving User defined innovation - you as the user & your own problems Close family or friends facing problems Interests & Passion for a specific industry Knowledge - focus of education or career Connections - expertise in industries Market pull vs. Tech push vs. Hybrid Market pull  best type (unfilled need, willing to pay) BUT hard (covered more in Step 1) Tech push  Tech Innovation or Tech-enabled Business Model or Process Innovation (Uber), use with caution

How do I choose a good idea to start a company

Sifting out GOOD ideas from BAD

1. Personal Filter The idea won’t go away You really, really care You can explain it Will making it happen be fun to you? Can you see yourself doing it for 5+ years? 10+years? Can you get the other people you need excited about it? Is it within your domain of expertise? Does it fit with your overall personal goals?

2. External Filter Do the people you need to convince get the idea? How about your idea? Do the people you need to convince get the idea? Can you recruit the team you need? Do the customer buy the idea? Do the business partners you need buy the idea? If you need investors, do they buy the story? Is the timing right?

3. Execution Filter Market adoption rate and issues How about your idea? Market adoption rate and issues What things need to go right? How many? What things, if they went wrong, would kill you? What competitors will you have as soon as you launch your new venture? How will they react? How do you assess the overall risk? What did you miss? Did you ask experts in this area? Does the idea continue to motivate you and others when honestly facing with the downside?

Let’s Ideate!

But first, let’s get in the right mood ... http://www.youtube.com/watch?v=MUO-pWJ0riQ

Improvisation Takeaways Listen actively → Willingness to change Yes to EVERYTHING → takes us somewhere Play the game → rules in the system that guides us to improvise & create Relax & have fun → letting yourself fail Fail

Rules for Brainstorming I “Yes and …” Play Have fun Follow some simple rules Everyone gets to speak One person at a time Keep it short

Rules for Brainstorming I Questions to answer: Do you really understand what the problem is? Why is the problem important to solve? How many ways can you brainstorm to solve it? Diversity is good. List top 10. Get at least a little crazy … open up the aperture!

Homework

Ideation Journal – Due Tomorrow Example: https://docs.google.com/spreadsheets/d/1Q75PuPIxdNh4mJpHYZ- UPEKLQZB3Y7ePN9AVbJOMwtQ/edit#gid=624376164

Wrap-Up Review of Lecture Overview of Next Steps Homework