HACKATHON PRODUCT 2022 Implementation Weekend Veronica
Ellis
W E L C O M E
Welcome to Product Hackathon
Implementation Weekend 2022! This is a weekend of laser focus and intense effort as we work collectively, and individually, to execute on making the dream a reality.
Every product is different, evey inventor is different, every journey is different. But the goal is the same: to bring your invention to life.
So roll up your sleeves. It's time to get to work.
We've hacked the system and now it's time to implement!
Donteacia Seymore
Director - Product Development
A US Army veteran, Avis has worked in technology and project management for the last 10 years. She holds an MBA in Business Administration from Kaplan University and she is also Co-Founder of TePeY
O U R T E A M
Avis Milton
Project Manager
C o n c i e r
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Artisha Stafford
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Daeje Bizzell Project Manager
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Jamie Dawson Kimara Pretlow Project Manager Project Manager
PROCESS Our
Meeting our clients
Meeting our clients begins with an onboarding process that includes an intake survey and a call with the director of product development, Avis Milton. This is an opportunity for us to learn as much as possible about your invention and determine the most appropriate starting point for product development We'll also gather any designs, documents or related materials to help with this initial assessment
2 Creating a plan
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Using these two assessment tools, and drawing upon her vast experience in planning and logistics, Avis details a development plan (based on the IFS method) and assigns a project manager to carry it out.
Managing the product build
The project manager then begins the meticulous process of execution. They find contractors, interview them, collect proposals & timelines, and organize it all for client review and approval.
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DEVELOPMENT
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PROJECTYour
Helping Hands
Product Description:
Details: .
pn 4
D o c u m e n t s 5
WHERE WE STARTED S K E T C H E S & P R O D U C T
6 IMPLEMENTATION points for the weekend Your Manufacturing Your Product to Launch
Pack
PROJECT PLAN Your Tech
and Prototyping
TECH PACK Your
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E S e n g i n e e r i n g
N O T E S
p r o t o t y p i n g 9
VALUE PROPOSITON
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VALUE PROPOSITION Your
Whatisyourvaluepropositionandwhyisitimportant?Well,youneed tosetyourselfapartfromyourcompetitionwithastatementofbenefits thatmakesyoursolutionmoreattractivethanyourcompetitors.Thisis youruniquevalueproposition It'syoursecretsauceandithighlightsall thebenefitsyouofferthatyourcompetitiondoesn't
YoucandevelopthisstatementusingaValuePropositionCanvas.Here aresomeexamples:
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Gain Creators
Value Proposition Map Customer Profile 12
VALUE PROPOSITION Your Statement
My help(s) who want to by and unlike
verb - reducing, avoiding
product/service
NOTES
customer segment jobs to be done
customer pain
verb - increasong/enablong
customer gain
competitors value proposition
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BUSINESS MODEL CANVAS
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BUSINESS MODEL CANVAS Your
The business model canvas is a one-page document that addresses the most important elements to launch your startup and get paid customers A nimble replacement for traditional business plans that can quickly become outdated, its framework lays out the fundamental elements of your business that help you make money while delivering your unique value proposition
It is a scientific framework that's been tested, proven effective, and is commonly used by startups as well as large companies keen on innovation and speed to market
It covers 9 key components:
Unique value proposition — Your unique solution for a customer’s problem
Customer segments People willing to pay money for the problem you are solving for them. (Segments represent different types. For e.g., Google has business customers and consumers)
Key Resources Resources needed to run your startup (eg, engineering team, Intellectual property, funding, etc)
Channels How will we reach out to prospective customers (e.g., Retail, wholesale, reseller, etc.)
Customer Relationships How do you acquire customers, how do you retain them and how do you grow them?
Revenue Streams How will your startup idea make money e.g. Subscription or freemium or pay-per-use
Key Activities Activities that enable your business (Product development, sales, marketing, etc)
Key Partners Outside resources that help your business model (eg, vendors, strategic alliances, etc.)
Cost Structure Fixed, Variable, and other costs you have to pay (e.g., rent, salaries, etc)
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N O T E S
b u s i n e s s m o d e l c a n v a s 17
LAUNCHING FUNDING &
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N O T E S
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N O T E S
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f
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FUNDINGYour Plan
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N O T E S
l a u n c h i
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N O T E S
l a u n c h i
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n g
LAUNCHINGYour Plan
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NOTES
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