Monday, April 14, 2014

Last week was the sort of week you hope you will eventually wake up from

to find that it was all a bad dream.  Everything was coming to a head on Thursday and valuable information kept surfacing that wasn't exactly conducive to making a presentation.  How do you communicate an invaluable realization that results in a blue ocean of unknowns?  We tried.

as this was going on I was preparing pitching a social tech venture to Big Idea, building a prototype of our technology, and finishing a term paper for brand management.  Canvas and Hide had to take a back seat, which had a negative effect on team morale and made us question our abilities to hit our progress goals before the team split up for the summer (and perhaps for good)

What could we get done in 4 weeks in the middle of our graduate thesis that could prove that we had a team that could work together, solve problems, and validate solutions?  We think it may not be bags.  It may be something else.  It may not be social by any definition but Tim Zack's (which is a pretty good definition if you ask me).

The good news:

Prototyping and testing costs for this project are in the tens of dollars per round.
We have a validation opportunity on campus on May 2nd at Sunsmash.
We will be able to bypass traditional costs associated with starting this type of business by using a cold production process.

Until next week: I'm eager to learn more about assessing the social impact of a business.

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