Tag Archives: pitch

Boot camp legacy – Day 93/139

Yesterday was the last day of the AaltoES Boot camp. The teams still did one last 3-minute elevator pitch and we did something a bit extraordinary also this time around.

The teams also posted a document that was supposed to describe their business model for the judges. We posted this FinderBase business model description. Our team has effectively managed to almost entirely detach itself from reality and concentrate on the dream that we’re after with FinderBase.com. Feel free to comment our document.

Not surprisingly, we didn’t win.

But it’s interesting to see who did. The teams chosen by the judges well represent the ideology of the Aalto University as a home for scientific research. The top three were:

  1. Widsen.
  2. Thermophotonic Heat Pump.
  3. Hipui.

All of these ideas had a strong research background. All these teams have patented technology to base their solution on. The two first also have a physical product that they’re trying to build a prototype of.

Let’s have a quick look at the rest of the teams:

  • Aalto Brain Company. A game.
  • Audiodraft. A website.
  • Barisma. A website.
  • DreamTravel. A website.
  • FinderBase. A website.
  • Kassi. A website.
  • LucSens. An iPhone app.
  • Makumaku. A website.
  • Relationship Games. A Facebook app.
  • Videolla. A website.
  • Shobble. A website.

Can’t blame the judges. Nobody ever got fired for buying IBM.

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Stand out or blend in – 85/139

Today, I was asked to appear as a guest blogger on the Aalto ES blog.

Check out today’s entry there!

The pitch – Day 76/139

Petteri’s pitch on AaltoES bootcamp, April 7th, 2010.

It’s good to be bad – Day 57/139

I spent the afternoon today attending the kick-off session for the Aalto ES Boot Camp. Big thanks go to Petteri Koponen and Taneli Tikka for the inspiring keynote speeches.

But what were you doing there?

I was asked this question a couple of times. Someone might consider it a bit awkward to attend an event that not only were you uninvited but your were especially rejected from the list of participants. Well, it wasn’t quite that bad but I still was the only rogue attendee.

This first event of the boot camp was about the essence of entrepreneurship. One recurring theme in all the keynotes was the persistence of the entrepreneurs – you have to persist through failure. You have to pitch your idea a 1000 times to get good at it.

The program itself presented the justification for my stay.

In the end of the day, it all came down to a one-minute pitch by each team. I wasn’t especially invited to pitch but I asked for a permission to do so. Hard to say to no to that.

The end result was that three people came personally to thank me for an excellent pitch and considered it to be the most memorable of all the 14 pitches. They could even be right. The whole situation was on my side:

  • My presence there showed true entrepreneurial spirit.
  • I was instantly different from everyone else.
  • Being different means being more memorable.
  • Since I was rejected, my idea wasn’t expected to be any good.
  • I had absolutely no pressure to pitch well.

So, whatever you do, find a way to stand out in a positive way. Sometimes it’s good to be bad.

Big decisions – Day 45/139

This was again a day to remember!

In the morning I met with a group of great people who shared my passion for the project we’re working with. Two possible alternatives were discussed:

  1. Playing it safe
  2. Doing it big

Surprisingly we chose to pursue the latter strategy. The exact details are still open but I can already say that we will have a nationwide impact in the Finnish people during the spring.

Later in the day I contacted two people whom I know to be true professionals in their respective fields. I got really good feedback. The strategic decision we made in the morning makes our project just too awesome to ignore.

In the evening I participated in an event called the Aalto Social Impact. The project we’re working with is strongly social, ethical and ecological so it was well suited to be presented in this event. Although it clearly wasn’t the point of this particular event, I asked a permission to pitch my idea to the public and I have to say it became my best pitch so far.

All this takes our idea forward.

Having worked towards a single goal for over a month, it is increasingly easier to answer the obvious questions that our pitch raises in people. If our idea was easy to implement someone would obviously have done it a long time ago.

It all comes down to getting the users realize the awesomeness of helping each other.

All publicity is good publicity – Day 37/139

I attended today an event in Otaniemi called New Wave 2010. This event was about entrepreneurship, new ideas, pitches, keynote speakers and free catering.

One of the speakers was Riku & Tunna from Madventures. The high point of their speech for me was when Riku presented a story he had read from a blog. So my blog is officially read by at least one Finnish TV celebrity.

This is obviously a positive thing

What’s even better is that I’m currently getting a stable flow of readers. Over 300 people each day are interested in what I have to say. And my readers are doing most of the marketing effort.

When writing this post there was still $88,740 left in the marketing budget that I presented on Day 4. One guy already thought of working full time just linking my blog instead of getting a job.

Compared to having a random job just for money, I’m certain that linking my blog is more profitable. If someone really wants to do this full time, I recommend you keep your eyes constantly open for ideas of your own. You could build both your own net presence and link to my blog at the same time.

And after my project was over, you’d still have your own personality left. That is something no money can buy.

Codin’ & pitchin’ – Day 32/139

Today we finally started developing our new social media web service. Two developers sat 11 hours straight for building the foundation in a functioning community.

I’ve worked a few years managing software projects and I can say these guys did in 11 hours what it takes a team of two 11 days in an average software firm. And they did the job with virtually zero management.

What did you do then?

I was running in circles and pitching our idea to a dozen people. Big thanks to all you who helped to develop the idea further.

One of these pitches was even videotaped so you can find the it online if you know where to look. However, it’s a poor quality video and will probably give you totally wrong idea on the whole concept, so don’t waste your time searching for it.

Where’s is the demo?

The demo will be out when it’s ready. Hopefully tomorrow. Or next week. Or Later.