Hey everyone!

Yesterday I went to Sup46 mingel event. Right away I met my whole project group and some other classmates. Even so, I got talking with some really interesting people. Ivan presented me to Nikhil from India. We got talking about his Startup back home. He has created tech-labs open for the public and his startup is very successful. We got talking about different opportunities and ended up deciding to meet up some time soon to try to create an innovation.

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Sorry about the picture. Maybe someone can comment an tell me how to rotate it, when I try to do it just say “load media again”.

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Hey everyone,

Yesterday evening I went to the SUB46 Happy Hour meeting. This was an after work drink organised by SUB46 in their office. It was a really fun event to go to, because there were a lot of people, the drinks and crips were free the whole night, there was a nice DJ and I met some interesting people. The nice thing about this event was, that it was easy to get in contact with new people. Everyone was just enjoying his/her drink and chatting with people. Almost everyone which I encountered was in for a talk and told me some stories about their company or their work experience. Below, I will describe some companies which I talked to yesterday evening:

FLAG

My first conversation was with the co-founder of FLAG. FLAG is a company which will be launched next January and is going to offer a totally free service by which you can upload your pictures in their app and they will print and ship the photo’s to you. They are going to make use of a lasercutter – printer so that you can get your photo’s in every possible shape and that now quality will be lost. You can upload your Instagram photo’s together with every filter you choice, they will print it for you. You can even fill in someone else their adress, so that the photo’s are sent to their homes. In this way, you can for instance sent photo’s to your parents while you are on vacation. I was then wondering how they are going to pay for the laser cutter – printer, the printpaper, the inkt and the shipping of all these photo’s. The Business model is that it will be a new form of paper adds. Everything will be free of charge, but they will print a advertisement on the back of every picture. They can modify the type of advertisement to the information they get from you, because when you upload your pictures, you automatically sent your GPS coordinates, info about yourself, etc with it. The margin in paper adds is way higher than with online adds and in this way he was hopping to make a succesfull company.

BINGOLABS

I also talked to one of the three co-founders of Bingolabs. He was developing an app for the elderly care. Nowadays everything in the elderly care has to be written down in logbooks or on whiteboards. This information will after that disappear in a folder on a bookshelf and almost never used again. He was developing an app in which all the information could be written down. In this way all the information was easily to revise. But, more importantly, relatives are in this way able to keep track of the care of their grandmother, mother, grandfather etc. So they can see that he/she goes outside ones a day, gets washed, eats all his/her meals, etc. This is something what people would want to have, especially with the recent scandals in the elderly care in Sweden.

The funny thing was that he was just graduated from the KTH and the reason why he was able to launch his own company, was by the help of the different kinds of KTH programms which are there to help startups.

BEATLY 

Futhermore, I talked to Viktor Strömberg, Co-founder and Key account manager of Beatly. Beatly is a company which is specialised in online marketing and especially in using social media to get attention for your merchandise. Their office is located in the office of SUB46.

Concluding, it was a really nice evening to get to know new people in a nice informal way and I would definitely go again.

Regards,

Tim Buzink

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Hey everyone! 😀

As some of you already know.

Netty is under development and I will soon be in KTH innovation with my team.

 

If you’re interested, sign up! www.Netty.se

And like us on Facebook and LinkedIn if you like the product 🙂

 

A3-2

Here’s a sneak peek of the ad campaign we’ll run at KTH. Wish me luck 🙂

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Stumbled across a short podcast on my way home from the SUP46 event tonight where they discussed wether big cities are still a primary engine for scientific innovation. Thought I would share it here and at linkedin. The discussion is only three minutes so it’s a perfect break from intense studying or intense napping.

http://www.npr.org/2015/10/07/446499494/are-big-cities-still-a-primary-engine-for-scientific-innovation 

/Felix

 

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Hey,

This evening I was at the TEDx event : https://www.facebook.com/events/1485087678453946/

I would like to share my experience with you. The event was about to energize and motivate the participants with games, activities and recorded TED talks. One of the game was really similar than the groupwork organised last friday about build the highest building with one piece of paper. There, teams had to build the highest freestanding structure with : 

  • 20 sticks of spaghetti
  • one yard tape
  • one yard string
  • one mashmallow

The mashmallow had to be one the top of the structure and teams had 18 minutes to build.

After the 18 minutes, only 3 teams out of 10 had a final structure including one that fell before being measured. It was very interesting to see how team had to organized themself, try to do their’s best to get up with the best solution but failed at the end because they didn’t think about the mashmallow they had to put on the top of the structure.

Then TEDx organizers show us a TEDx video about the game : “Mashmallow challenge”

You’ll see that statistics are very surprising : kindergarten children are more efficient than business school student !

I let you see why and the explanations of this funny game 🙂

 

Lisa

 

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Hi folks,

After the seminar we had with Pernilla Rydmark about crowdfunding, I find a new way to bring money to entrepreneurs that we can all contribute in.

We are all searching stuff on the internet are we ? 99% of us are using Google which even gives birth to the expression « googling».

Do you know that via advertisments one single person is giving away 30 euros/year to Google ? As Serdar said today, Google is making money on adverts but what if YOU can choose where this money is going to ?

It is now possible via Lilo ! Lilo is a French search engine allowing you to choose to which causes you would like to give your money to. Lilo looks pretty similar to Google and is equally performant. Everytime you are searching for something via Lilo, you are accumulating points (called drops) that could then translate into money you can give for the charity organisation or business you want.

In their video presentation (in French unfortunately, I have written to the founders to get a English version of it but it still in preparation – more than happy to translate it if needed though), Lilo states that this could :

  • Increase by 30% the research budget for cancer
  • Help planting 10 000 trees
  • Help entrepeneurs getting money to innovate

So what are we waiting ? Let’s give it a try to Lilo ! 🙂

I have been trying to use Lilo for a week now. I have accumulated quite a lot ‘drops’ and felt very happy being able to choose where it goes : I have chosen to give it to a charity organisation for children in Cambodia.

I feedback to them mostly on the layout of their search engine in order to make it more smooth and friendly. It is a bit confusing at first because we are all used to Google’s template. The main drawbacks of Lilo is that they think French – even in their demo presentation… It would make more sense for me to have done something in English to expand it out of France.

As discussed today in the lecture, we can wonder if It was a deliberate choice from the entrepreneurs in order first to understand their customers on a ‘small customer segment’ – I will send an email to them and see what they say about it!

http://www.uselilo.org

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There are a lot of organizations, which by extension to KTH help students and scientists to successfully implement their innovative ideas. Some of these organizations are focusing on financial grants by choosing projects they think possess great potential. I have put together a selection of a few of them, with some basic information.
KTH innovation is an organization that focus on the commercialization of business ideas of KTH students and scientists. The funding occurs by an internal process where KTH innovation decides if your idea is worth investing in. The funding is gradually, with a ceiling at 300K SEK, to ensure that some key issues are being answered and that the product/service has commercial potential.

STING stands for Stockholm Innovation & Growth and is basically an ecosystem for innovative startups in Stockholm. They have contributed with development suport to over 100 startups since 2002. STING evaluates between 150-200 projects and companies and then starts a thinning process which ends with 20 projects getting business development support. STING is an integrated part of KTH’s innovation system, and is since 2005 operated by an incubator on the KTH campus. STING is a non-profit company owned by the Electrum foundation with partners (see attached link below)

http://intra.kth.se/forskning/2.8090/inkubatorer-1.33809

KTH Opportunities Fund was started in 2013 as an extra support so students of KTH could develop in areas like teambuilding, innovation and creativity. The fund is financed by donation from KTH alumni, and provide grants based on three focus areas; enrichment of the study-time, investing in talented scientists and an increase of the global exchange. All students of KTH are competent to the grants.

https://www.kth.se/en/opportunities

KTH recently started a collaboration with the american site founder.org. Founder.org is working to inspire and to help students across the world to start innovative companies. The challenge $100 K Competition is held annually together with the parent-universities. The ten finalists are awarded $100 000 and a spot at iFOUNDER.org university, wich is a 12 months long training-program where they are tough how to succeed as a startup, both short and long-term.

https://founder.org/about/

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Today I read an article about the KTH-started company called Mentimeter. They just got accepted into 500 startups accelerator. This is a huge deal for any company and a great opportunity the reach new heights and evolve as a startup. http://breakit.se/artikel/1510/mentimeter-antagna-till-prestigefylld-accelerator-i-usa

But this got me thinking. This is not a huge idea. This is a couple of students sitting in class and realizing that raising your hands to answer a poll is not working as well as it could. People were afraid of being wrong and looking silly, or people just followed the pack, or something completely different that made the voting unreliable. Instead of complaining about this, like many others do they said to themselves, “this can’t be that hard to fix”.

I believe these exact words are the beginning of a lot of startups. “This can’t be that hard to fix”. It does not have to be something complicated like re-inventing space travel, I’m looking at you Elon, or a complicated social network to unite the world. You just have to find something that could be made a little easier and there you have a base for your start-up.

I suppose a good way to start entrepreneuring is to keep a list with you at all times where you write down whenever something bothers you. And one shouldn’t be afraid to write something down just because you can’t come up with a solution there and then. You can figure that out later…

Mentimeter also kept a blog during their early days. It’s fun reading about the development process and thoughts they had. For example they were used at the iiS (Pernilla Rydmark) organized “Internet days” back in 2012.
http://blog.mentimeter.com/swedish-top-domain-foundation-se-choose-mentimeter-to-strengthen-the-audience-experience-at-the-internet-days-conference-2012/

More reading:

https://www.kth.se/forskning/artiklar/vi-vill-gora-moten-roligare-1.479146

 

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sup46

Hi everyone,

A few days ago (29/9) was the FemTech event by SUP 46. Among their startup-event, this was the most relaxing setting this far.

The event was a follow up on a successful session earlier this month, was anybody there?

The event
The evening was moderated by Jessica Stark (CEO & Co-founder for you that may not know). It was an encouraging spirit the entire evening with guests as Adiba Arney. What I thought was interesting to share was her work with non-profit public agencies. They educate and create relationships with the technology and start up community. There is a possibility that they will post a video that summarizes the event and I would recommend you to take a look if they do so. It will probably be on their facebook page but I will link it here if I see it.

My greatest insight during this evening was the discussion that rised about feedback. Under the presentation Adiba pointed out the importance of being able to treat feedback as an entrepreneur in order to develop and succeed.

Discussion and insights after the event
A discussion followed between me and a girl named Johanna that just finished her studies at Stockholm School of Economics. That led me to break down the concept of feedback when it concerns entrepreneurs. I came up with a few points I regard as important to have a successful feedback exchange.

  1. Transparency and visibility of idea – having people observing, trying and analyzing you product/service
  2. Channels of interaction between customers and internal force – How easy it is to give input and feedback to the entrepreneur/start-up
  3. Collection of feedback – how to gather and store feedback
  4. Active response – how you ensure the feedback is lifted, discussed and affects the organization
  5. Feedback in return – to make sure you encourage feedback from the customers

How I will take this with me
This is some points I will take with me to my startup and our business. We have already built up a system for gathering feedback after projects and activities but we need a more consistent way of storing and following up on feedback. I will start a project in our internal system that has a place to keep and track these ideas and also put it on the agenda on our monthly meetings to discuss the feedback we’ve gotten.

Do you have any other tips?

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Hey !

This morning I read an interesting article about leadership. Not about StartUp but I think that it’s important to know how to lead when you want to create StartUp. You’ll work with co-worker and you have to be able to give them responsabilities. One of the citation is :

“The Greatest Leader is not necessarily the one who does the greatest things, but the leader who gets people to do the greatest things.”

I let you learn about this article :

“What Successful Change Leadership Really is About”, Anne-Maria Yritys, Sept. 21 2015

Lisa

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