A week has passed since I had this amazing experience. The event was kicked off last Friday evening with almost 20 of us pitching their business ideas. It was fun. There were few phd and UG students as well. Then we voted the top 6 ideas and they were selected for the next step.
People formed teams around the top 6 ideas. It was a crazy icebreaker to form a team of random people whom you met few mins before, to work on converting the idea into a real business.
We were team of 5, working on Vacation trip planner. To kick start the next day, we did a need finding workshop using business design methodology to understand what really vacationers want. After a detailed empathy sessions with almost 15 people we found the common theme that trip planning time > actual vacation time.
We started working on fixing this problem and came up with amazing ideas. REVCA club had arranged for mentors to help us out. We had 2 mentors who told us to focus on niche market. They were entrepreneurs running their own startups successfully. It was a valuable feeback and we pivoted our idea to serving only a niche market of customers who spend really long time planning for a vacation – A family guy. So our idea pivoted to “Family vacation planner” Continue reading
Reflections 