Jan 17th Daily Report [AM: Manager’s Plan | PM: Maker’s Plan]
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I need to admit that I wasn’t deeply into TABLE yesterday because my student association, UWKSA, is welcoming new execs.
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Yup, need to improve my time management skills
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Note that I am running UWKSA, TABLE and Campus (my previous venture since W22 BET300)
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As Derek is unavailable this week, will go for next week in addition to next week’s advisor
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Instead, I will have 1-1 session with Ben from Problem Lab Advisor this week
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Note to folks
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You can also book with Problem Lab Advisor here: https://airtable.com/shrJjKFVo9UWxhxp5
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Also, Problem Lab has great articles regarding Million Dollar Problems. You can learn what is the problem and how do we analyze it.
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This week’s CTA changes to
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Re-define my problem space
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Although it is true that TABLE mainly focus on restaurants and their customers, as TABLE has interactive ads that could solve a million dollar problem, digital ads, I need to learn how to melt down these two problems to one ultimate problem or might need to focus on just one problem. Will discuss this with advisors.
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This will be the main topic to discuss with Advisors
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Improve BMC
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Based on my new problem space, I will change it
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Prepare Quantum Valley & Velocity $5K pitch competition
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I decided to focus on raising funding through pitch competitions rather than developing prototypes, which means I want to validate my problem first instead of wasting - consuming - time hugely on developing apps
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I learned from W22 BET 300 that developing MVPs in advance could advantage you to find whether your solution has a conviction in advance. However, I think for this venture, which is kind of B2B, instead of developing prototypes in advance, creating a landing page with a demo will be more beneficial to us as I even don’t have a restaurant to test my products and quality is significantly vital to us. And even before that, I want to check whether my problem has people’s pain points through pitch competitions, where advisors do that for me.
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This is why I couldn’t upload my TermGoalActions and 1and15 Progress report yesterday as I need to re-write everything
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ECo-op tasks
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Today I have done and will do more on market research
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I wrote some article reports: https://incredible-branch-5c3.notion.site/Table-Mix-c8cde5f0547a441f9778d7196b831918 (<- this is just one of them / I am still writing other million dollar problems reports)