Week 9 : Class - Cost, Founder Dating
Burn Rate = how much it costs each month?
Physical Resources = computers, electronics, desks, internet, office, servers, insurance
Human Resources = Programmers, Sales, Legal (TM, logo), Financial, check Glassdoor
Money = friends, family, angel, SBIR gov loan,
$500,000 approximate cost per year
When you run out of money, your investors will ask for Traction
for Tuesday April 8: cost breakdown, prototype iteration
>> Pricing (3 times a month plan - Volume Discount)
>> Personas (Workspace Manager, MT and their pain points)
>> Follow up on Spaces and MT
>> MT new grad information
>> Contact new workspaces, try to show that we understand their day within the email (0-75 employees)
FOUNDER DATING is for entrepreneurs to have access to the right people to create the right structure in a company. Finding the working and personality style and fit. Learning what I need in working with someone (ex. 5-10 hours a week).
Why not work at a startup right after school?
A lot of designers think I need to do it all by myself, but there are ways to find other people and that I don't have to do it all by myself. Design has become thinking through how a problem is set up and how to solve it.
BUSINESS need marketing, users ...
IDEA show interest in a topic area, scope, beyond design and work with other people from different backgrounds who share the same interest area
contractors are really service providers
PRICING is a final screener tool, screening customers
http://founderdating.com/questions-to-ask-potential-cofounders/
