Design Review II – PRYMD STRIKES BACK Daw Kin Shwe Mano Iyer Jessica Flannery Whit Fowler Jeff Miller H2O.

Slides:



Advertisements
Similar presentations
Social Studies 6th Grade
Advertisements

Bernas Story – Part 2 Lesson 3. Berna has now been given some help in her difficult situation. Send a Cow is a charity that provides farm animals for.
DO YOU WANT TO BE AN ENTREPRENEUR?. WHAT IT TAKES Starting your own business may sound exciting, but it is not something to take on lightly. Do some soul.
Food in Africa. About 1 billion people live in Africa. That figure looks like this: 1,000,000,000.
Chapter 13: What is an economy?
”SELLING THE BUSINESS” Building The Business By Expanding Distribution.
THE BIG IDEA (MONEY MANAGEMENT)  SS8E5: The student will explain personal money management choices in terms of income, spending, credit, saving, and investing.
What does barter mean? These days people usually use money to get what they want. Before there was money, people had to barter to get what they wanted.
“Old Approach to Needs Analysis” The standard practice in Oregon has been to extrapolate forward the past 5 or more years in housing production as the.
Under Pressure [UP] Alan Asbeck Mike Ho David Klaus Maxim Melnikov Next Generation Pressure Pump.
From hunger to harvest. This slideshow tells how can poor people overcome hunger?
Livelihoods. There are 1.4 billion people in our world living off less than $1.25 a day 1 billion more suffer from ‘Hidden Hunger’ – where they don’t.
Economic Systems Traditional Economy.
What is scarcity? (Look in your notes) Why is scarcity an important factor in economics? (Look up the definition of economics) How does scarcity effect.
Business Model and Feasibility Study your individual term paper!
Sweet Opportunities Case Study
India: A growing population Higher Geography: Human Environments, Population.
THE STOCK MARKET CRASH AND THE GREAT DEPRESSION EVENTS THAT HELPED CAUSE THE STOCK MARKET CRASH: 1. OVERSPECULATION: Stock prices had risen far above the.
Budgeting and Financial Planning. Budgets Budget: A plan for how a person, family, or organization will raise and spend money. Why do you think it is.
Market Research For Small Business. How to ID your Target Audience Determining what kind of business you want to open is only the first step in the start.
Business Plan What is a Business Plan? Defn: “written document containing the guidelines for the business center’s (product/ group of products/
The Great Depression SS 10 Ms. Rebecca. Before we start, let’s write about The Grapes of Wrath Take out a piece of paper. Write one full page about how.
Read to Learn Describe the three basic economic questions each country must answer to make decisions about using their resources.
Chembakolli A Village in India.
Prisca’s Story. Twelve-year-old Prisca and her sister Juliet live in western Kenya in a town called Ugunga. Their grandma, Mary, has looked after them.
Marketing and the Marketing Concept 1.1
1 Chapter 1: Economic Basics What Is a Business? Businesses come in many shapes and sizes, such as local, regional, national, and/or global. They are classified.
Chapter 1 Business Principles. WHAT IS BUSINESS?
Marketing in Today’s World Learning Objectives: Identify the four elements that make up the marketing mix Define the life cycle of a product Discuss the.
Opportunity Recognition
LCJSMS WE THE STUDENTS 8 TH GRADE 2013 Economics.
Sharecropping The Life of Many African Americans and Poor People After the Civil War.
PumperNickel design review 2 may 11, Team PumperNickel Tracy Pizzo MBA 2 Non-profit experience Worked in developing countries Can start a fire without.
Feasibility Analysis: Testing an Opportunity
Building Your Business PCG, 8 th November, What are we going to do? A mix of …. Getting you ‘on fire’ for 2013 ! Planning for business success in.
Fourth Grade. Economics Economics is the act of transferring resources. It includes how people earn, spend, and save money.
Lesson 2: Marketing. Outline of presentation Goals of marketing lesson Basic marketing concepts – Knowing your customer – Defining wholesale vs. retail.
Organic Agriculture …… Making the transition… Craig Chase, Field Specialist Farm & Ag Business Management.
Opportunity Recognition Identify a problem or need –What would you like to see better –What annoys you –What needs fixing –What can be done better Find.
2.5 MOTIVATION AND REWARDS Department of Economics and Business BIS.
PumperNickel design review 2 may 11, Team PumperNickel Tracy Pizzo MBA 2 Non-profit experience Worked in developing countries Can start a fire without.
Kids Can Make A Difference It gives kids food so they can eat.
 In the rural areas of Kentucky, agriculture is the science or practice of farming. Since Gallatin county has fertile soil, there are many fields crop.
Meet Rose. Rose lives in Rwanda Rose is an orphan who lives in a small village near Kigali, Rwanda’s capital.
International Trade Trading Goods and Services. Specialization and Trade: Everyone Benefits Specialization: We specialize by doing just one kind of job.
Economics for Leaders 2/25/15 BR: 1.Think about the law of demand. Why would consumers “substitute” a good or service. 2. What is income effect and give.
Add Group Members Names. Add Title (Introduce income & profit) Add word and definition Put 2 pictures total to represent a good & service.
How well do you know Economics?. Name the four factors of production. Land Labor Capital Entrepreneurship.
Agriculture Today Unit 1: Agribusiness in Today’s Agriculture Industry Lesson: AT1.
Rent is? The Broadway play? What you pay your landlord? An economic concept?
AB209 Small Business Management Unit 3 – Planning the Business and its Products or Services.
Determining Your Ideal Customer. Every entrepreneur should be intensely focused on his or her prospective customers. The ability to find a customer, sell.
Spending, Saving, and Investing. Rational Decisions and Financial Planning Economist assume that, given enough information, most people are rational and.
ECONOMIC BASICS.
ESSENTIAL QUESTION: HOW CAN SOMEONE INCREASE THEIR HUMAN CAPITAL? HOW CAN CREATING AND MANAGING A BUDGET HELP SOMEONE MAKE BETTER FINANCIAL DECISIONS?
©2009, TESCCC Second Grade Unit 10 Lesson 1 Goods & Services.
HELPING YOUR CHILD WITH COMMON CORE A Family Guide.
What is Economics How people or groups make choices about what to do with scarce resources. We can’t have everything we want (unlimited wants) We have.
The odds are that a fool with a plan will beat a genius without one! Kim Anderson Oklahoma State University.
Basic Economics.
Standard 3a.3 The Origins of Modern Capitalism ELL High School World History.
CHAPTER Section 6.1 What Is a Business Plan? Section 6.2 What Is a Business Opportunity? Opportunity Recognition.
EPF-2c Unit 3 (Part One) I can identify the role of entrepreneurs Target B.
EPF – Unit 3 Business Types. EPF-2b Unit 3 (Part One) I can explain how business respond to consumer sovereignty Target A.
1 The World of Work Work: a useful, productive activity by which a person earns a living.
Design Review II PRYMD STRIKES BACK Jessica Flannery Whit Fowler Jeff Miller Mano Iyer.
What’s Wrong With Factory Farms
Types of Business Organizations Ch. 8. Role of Entrepreneurs in U.S. Economy Entrepreneur’s help the market economy in 4 ways: 1.Introduce New Products.
Three Types of Economies
What is a Business? Give it a shot…..
Presentation transcript:

Design Review II – PRYMD STRIKES BACK Daw Kin Shwe Mano Iyer Jessica Flannery Whit Fowler Jeff Miller H2O

We Are PRYMD! Who is the Customer? What are her needs? BIG Idea (POV) Bottom-up Discovery-Driven Plan Identify Key Assumptions & Risks Our Prototypes

Mom, Is that YOU? Our Customer –Daw Kin Shwe – 62 years old 5 families living in one house 5 acres of land, all used to grow food (rice and basic vegetables) $500 annual income, all spent on food She would love to send the kids to school, but they are in debt and can barely afford to eat Representative of many other land owners who find themselves in a similar economic situation

Her Needs buys pump raise water to surface deliver water to crops grow crops make money provide for Family WHY? HOW? HOW ELSE?

Finding Focus: Moving Water Up –create suction –store it Treadle Pump Moneymaker Maung Dat Over –store water –move it to crops ~$4 but “big burden” OPPORTUNITY

Point Of View Increase Daw Kin Shwe’s profit by improving her ability to effectively deliver water from the ‘well head’ to the crops.

Bottoms Up! Potential value to Daw Kin Shwe of improved water delivery system –Financial Incentives % more crops per season –Potential of $50-$150 per annum 50% reduction in watering time –Potential of earning an additional $150 per annum in performing other activities »i.e. driving an ox cart, picking tamarind leaves (PUT PICTURE IN OF OX CART)

You know what happens when you ASSUME! Key Assumptions & Risks –More effective distribution of water is actually a limiting factor in how much money they can make –Normative cultural challenges of introducing new style distribution system can be overcome –Complexities in selling a system in which results come over time (e.g. growing crops versus immediate pumping of water with treadle pump) –Cost of system considering risk-adverse nature of customers

Enough talking, where’s the beef?! Prototypes address a variety of needs in the distribution hierarchy Our Prototypes –Not exactly for kids ‘Kiddie Pool’ –Bamboozled –The Wheelbarrow –The Telescope

Bamboozled by the kiddie pool!

A new kind of telescopic tool

QUESTIONS? MORE PRODUCT IDEAS?!