Sprint 5 & 6
Sprint | wk | Tue 09:15-12:00 | Thu 14:15:16:00 |
|---|---|---|---|
5 | 46 | 10.11 Pitch IV | 12.11 Financing I |
5 | 47 | 17.11 Growth Hacking | 19.11 Financing II |
6 | 48 | 24.11 Pitch V | 26.11 TBA |
6 | 49 | 01.12 Ethics | 03.12 Good Life Engine |
exam week | 50 | 08.12 Final pitch | 08-11.12 Final exams |
Sprint 5: Finance & sales & growth hacking
- Regarding the third pitch, you present your SOLUTION and YOUR MARKET. But remember to include your problem statement and customer/user persona. Also, include your best parts from previous pitches. Thus, the content is the market/field you are working on, your potential users, their problems, your solution, how does it solve their problems, market estimation, your business model, your unfair advantage, your team. If you have platforms, you should present all the platform sides. We start to look at your business models. Remember to keep on team slide in the end.
Timing: 3 mins
Pitch 3 Instructions
When you prepare the pitch, despite the pitch number, create a standalone pitch like the previous one was not happening. Because every time on pitching sessions you will have guests providing comments who didn’t hear your pitches before and don’t know about your field, topic, users etc. That is why you keep useful parts from the previous pitch (like your user persona and problems you are solving) and you add new content.
Regarding the third pitch, you present your SOLUTION and YOUR MARKET. But remember to include your problem statement and customer/user persona. Also, include your best parts from previous pitches. Thus, the content is the market/field you are working on, your potential users, their problems, your solution, how does it solve their problems, market estimation, your business model, your competitive advantage, your team. If you have platforms, you should present all the platform sides. We will start to look at your business models. Remember to keep on team slide in the end and remember to be creative! All teams should take into account feedback and meetings with professors in order to make improvements for the next pitch.
Timing is again 3 min.
We grade the third pitch based on how well you defined your users and their needs, solution description, your market estimation, your business model, the logic and comprehensibility, timing. Deadline Monday 9.11.2020 23:59.
Every team member ( including COO): Mind Map reflection, post it in the group forum (not here)
Then COO comments on the reflection before COO debriefing.
Please upload your Mind Map on the forum by uploading the file or sharing a link to.
Upload your reflection (Mind-map) to your group forum by November 10, 23:59.
COO comments on team member's reflection by November 11 23:59.
Please reflect what did you learn during the last two weeks:- What did you learn from the workshop and lectures on market fit, sales and marketing, financials? How did it help with the team progress with the project if any?
- Any differences from the previous sprint in terms of team dynamics?
- Any particular challenges or things you want to share regarding the course?
- Do you manage to steadily execute routines?
Please upload your Mindmap to the forum.
POST IN THE TEAM FORUMS NOT HERE.
Debrief session 1 1pm-2pm: Team 2,4,6,8,10,12
Debrief session 2 12pm-1pm: Team 1,3,5,7,11
Prepare to answer these questions :
1. describe how you were managing your teams during this sprint?
2. how did you distribute the tasks and exercises?
3. What kind of progress has been made regarding the solution?
4. did you face any challenges? Did you overcome said challenges? Any problems in the future?
5. what are you proud of as COO? what you would change?
Zoom Link: https://aalto.zoom.us/j/65645982516
- Each team will be required to send an email. DON'T SUBMIT HERE.
Recipient: tuomas@maisala.net
Topic: AVP: [your case name]
In the email, you will need to state why you want to meet and what funding you are applying such as TEMPO grant, Finnerva grant, angel investment.
Request a meeting for Thursday, Nov 19th.
If you have any appendices such as materials you would like to share like a pitch deck or financial/funding plan, please attach them with this email.
Deadline: Nov 17th 2020. Sprint 6:Business ethics, scalability, GLE wrap up
Final pitch and pitch rehearsal requirements
When you prepare the pitch, create a standalone pitch like the previous one was not happening. Because on final pitching session, you will have guests and external judges who didn’t hear your pitches before and don’t know about your field, topic, users etc. (course teachers will not be judges at Final pitch). That is why you keep useful parts from the previous pitches (like your user persona and problems you are solving) and you add new content.
You have to prepare pitch for potential investors. The goal of your pitch is not just to deliver the information, it is to make an impact! We want you to inspire and convince the audience that your business has potential. We expect to see following elements in your pitch: opening (with team name) (please, presenters, name yourself when you start the pitch), problem, solution, your market, business model, your team, traction (if you have any), the closing will call to action. Unlike previously, when everyone did exactly the same order, we would expect this time teams would present things a bit more interesting. We would like to see teams deciding what to emphasize during their 3 mins. Include all the slides in the appendix in case of questions. You don't need to show everything but show the important ones and the rest can be in the appendix.
Timing is again 3 min.
We grade the fourth pitch based on how well you manage to open up mentioned above elements, the logic and comprehensibility, deliver of the pitch, timing. In addition, we will concentrate on how you convince us about your startup’s business potential and the business' societal impact and sustainability elements.
We (teachers) will be critical with comments for rehearsal, to provide you with elaborated feedback before Final pitches.
Deadline Monday 23.11.2020 23:59.
- Each team submits one 3-minute pitch video (combined with slides) to Walid. He will judge your pitching skills.
Walid's email: mrcheikh@outlook.com
Remember to label your email subject as: SE [Rehearsal Pitch recording] Team (no.) Everyone (including COO) posts personal reflection in your group forums, and COO comments before debriefing.
Format: 1-2 minute video reflection
Reflect on your progress and your team's progress for the last two weeks.- After 5 sprints, what do you think of the progress made by yourself and the team?
- Any challenges during the last sprint? How did you and the team resolve it? Would you have done anything differently?
- Reflect on what you have learnt during the financials sessions with Tuomas.
- What do you think of the routines so far?
COO will comment on the reflections by 25.11.2020.
POST IN THE TEAM FORUMS NOT HERE.
Debrief session I
1pm-2pm: 3,4,5,7,11
Debrief session II
4pm-5pm: 1,2,6,8,10,12
All teams must submit their preliminary slide deck here. I will then pass these to the judges so they can take a look before the event. This would help the judges to have a better idea of what you guys are doing. The deadline for this is 10 AM on Monday 7th December 2020.
One submission per team.
Everyone (including COO) posts personal reflection in your group forums and COO comments before debriefing.
Format: Short Essay max 2 pages
Please reflect what happened during the last sprint and the whole course in general.- How is the team dynamics during the last sprint? Any particular challenges?
- What is your opinion on the final pitch and the final sprint?
- What did you learn from the course and how would you use it?
- Did you manage to follow your routines despite the busy schedule of the exam week and final pitch?
Please upload your short essay doc to the forum not here.