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W14: Final Pitching Experience
Our final pitching got us nervous because we were the first ones to present and as the panel asked questions, I learned that we were not the only ones who had this idea, it got me wondering what would be our unique and selling point for us to compete with the other two.
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W13: Launching of Idea
After updating our MVP, and Traction channel we launch our Idea by making a TikTok and Facebook Page about our venture. We even got a good amount of followers and good comments about them being excited about our application. We also made a demo video about how our app works on Youtube.
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W12: Group Updates (Traction Channel, Updated MVP, and Product-Market Fit Customer Discovery)
After the midterm pitch, we updated most aspects of our venture. As the hacker of the team, I started designing our MVP. We then interviewed landlords to get their opinions on our MVP and gather feedback on how we could improve it. For traction, we decided to use social media to attract more customers due to its widespread use.
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W11: Midterm Pitching Experience
During our pitch, there was a misunderstanding about our venture. The panel mistakenly thought our venture was about selling properties, which led to many questions about how we would obtain permits and acquire a license like a realtor. This confusion highlighted the need for us to clarify our business model more effectively. Moving forward, we will ensure to clearly articulate our unique value proposition and differentiate our venture from traditional real estate businesses to avoid similar misunderstandings. Overall, the experience was a valuable lesson in the importance of clear communication in pitching.
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W6 - WEN Ignite Experience
WEN Ignite plays an important role in advancing our business concept by facilitating the creation of personalized ventures. Through this platform, we not only have the opportunity to explore into a comprehensive weekly planner, which meticulously outlines actionable tasks for each week, but also gain access to informative videos that offer deeper insights into various aspects of business development. And also, the incorporation of Milestones within our ideation process proves invaluable, enabling us to dissect challenges, refine our strategies, and ultimately enhance our solutions.
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W5 - Customer Segments
As we interviewed individuals, we have identified the top three customer segments: landlords/property owners, who are the end-users or decision-makers; students, who are not only the main reason for this idea but also the end-users, decision-makers, and payers; and regular renters. We include regular renters because, although our marketplace primarily focuses on students, we recognize that students are not the only ones who will need this marketplace. Regular renters are also end-users, decision-makers, and payers. We also have a top 1 customer persona which is a student and we formulate VPC for 3, landlords, students, and regular renters.
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W4 - Value Proposition Canvas
During week 4, we conducted more interviews, focusing on landlords. We found out that being a landlord can be hard because they often don't get enough people to rent their places. One big reason for this is that they don't advertise their places well enough, and also because sometimes their properties are in locations that aren't very good. Fortunately, our solution addresses these issues.
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W3 - Customer Discovery of your Group Idea
Together with our group, we managed to collect and decide our top five problems. The problems we gather are the struggle to find affordable and suitable housing, Difficulty in finding quick jobs, small and medium-sized businesses (SMBs) struggle to effectively manage their inventory and supply chain operations, frustrating traffic in our city, and scarcity of late-night public transportation.
As we interviewed potential customers, a Typical concern arose: the struggle to find digs that are both safe and easy on the wallet. Folks wanted to dodge those regrettable rental decisions and pricey blunders. That's where Uni House steps onto the scene. By dishing out personalized options that fit their needs and tastes, Uni House aims to simplify the whole renting ordeal and make it a breeze.
Uni House isn't your run-of-the-mill platform. With its slick interface and nifty features, it gives students and landlords the power to make savvy choices. Whether they're on the hunt for a cozy boarding house or a swanky PAD, Uni House's smart tech ensures they get suggestions that match their budget and preferences. At the end of the day, Uni House is all about making renting comfy and affordable.
Now, onto another snag we discovered during our chats: the late-night transport struggle. With public transit taking a snooze after dark, many folks end up in dicey situations trying to get around. But fear not! That's where Sakay Na App swoops in to save the day. It's your go-to for finding safe rides when the night gets late, letting you make the most of your time without compromising your safety.
So, to wrap it all up, the Customer Value Proposition Canvas isn't just some fancy tool—it's a game-changer for businesses looking to put customers first. By digging deep into what folks really need, it sets them up for success in a cutthroat market.
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W2 - Problem Exploration and Team Formation
In our second week, we were given the task of conducting interviews to explore individuals' day-to-day challenges. Our aim was to pinpoint three problems and propose viable solutions for each. Interestingly, most of the individuals I interviewed were students, so naturally, the issues they raised were reflective of their circumstances. Among the five students I spoke with from USTP, three recurring themes stood out: the struggle to secure affordable and suitable housing near their educational institutions, the challenge of maintaining a healthy work-life balance, and the complexities faced by those juggling academics with part-time jobs and entrepreneurial ventures, particularly in managing their inventory and supply chain effectively.
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W1 - Intro to Technopreneurship and Test Results
In my introduction to Technopreneurship, we were tasked with taking a personal test. I discovered that my personal innovation mindset level is 75.15% out of 100%. The personality test also include the following analysis. Trust - 47.33, Resilience - 85, Diversity - 47.5, Belief - 92.67, Allocation - 85, Collaboration - 95, Comfort Zone - 76.67, Innovation Zone - 72. Which is very interesting and makes me curious about the levels of my classmates. I also discovered that my personality type, according to the test, is Architect (INTJ-A), which intrigued me because of the accuracy of this tests. The analysis includes 38% Extraverted - 62% Introverted, 51% Intuitive - 49% Observant, 52% Thinking - 48% Feeling, 71% Judging - 29% Prospecting, and lastly 51% Assertive - 49% Turbulent. The second test after inputting my email address for the second test, I never received an email from them. It seems that most of us haven't received one either, which leaves me wondering about the situation.
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