Entrepreneurial Journey Sprint 2 Reflection
During this sprint, the most progress has been made by far. This is true, because in our last sprint, we attempted to build out an unfeasible business that was not allowed by our school, a business where students acted as food delivery drivers for other students to get around the food delivery restriction the school had. Thus, for this sprint, we started out by identifying a customer segment that would be interested in us developing educational software for them: Peer Tutoring. Feeling stranded, as a last resort, I interviewed many peer tutoring, and found that they struggled from under-scheduling and lack of expertise. This got me thinking, what if I created software that predicted scheduling?
Receiving positive data, we decided to next go to the District and pitch our idea for a licensing subscription. The team and I created a slide deck, and the meeting went well; we had reached an agreement for a pricing of $100/month per school for use of our software.
Now, Rahul and I have begun the buildout of the rudimentary MVP. The district had asked for a multitude of things, but the main product that they were interested in was a product in which students can pose questions on discussion boards and get those questions answered in a timely fashion.
Still, I had asked the district officials about when I could meet up with them to get more specificities, so that I can also meet with the IT department and see what legal issues we may face.
For now, however, we are currently in the MVP development phase.
Managing Director North America Healthcare Practice
3 年Many teams are unable to retrench to assess weaknesses and gaps in their MVP- you did it quickly and pivoted to a completely new product than originally planned…that is success through adversity. Very few do it and even fewer do it and get funded like you did by the school district !