Hi Folks,

It has been a tough week and we all feel a bit lazy and tired at the end of the day to do some more work for our next lecture.

However, without having to read lots of literature on it, let’s get a feeling of what is the Business Model Canvas thanks to this 2 minutes video!

Enjoy 🙂

Celine

Todays lecture started by a talk of Haider Ghaleb, CEO of Sandbox. It was a bit different than the talks before, because he talked to us via skype. Skype is a good solution to talk to people which are far away, because you can still see them. Unfortunately Haider Ghaleb was not able to initiate a video connection. Nevertheless it was still great that he made some time for us, during the, I think, stressfull days before such a big event. Despite, the sometimes misunderstandings and silinces due to Skype, we got to know something more about Sandbox and the EXPO innovation challenge.

After that we talked about Business models and that we sometimes have to change our business model to become succesful. I really liked to examples, because most of the stories behind well known companies I didn’t know and it opened my eyes. Some examples were Dell, Nescafé and the fruit delivery service. The last one, the fruit delivery service, reminded me of a start up in the Netherlands what is now is probably going to be an unicorn. Namely the company HelloFresh.

HelloFresh delivers healthy foodbockes. There are many companies which deliver food or other supermarkt items to people’s home, but where HelloFresh differs from the other companies, is that they respond on the laziness of people. People don’t like to come up with ideas what to eat every day, so they cook most of the times the same recipe. HelloFresh comes with different recipes and sendt them in boxes with all the ingredients to the people. So people don’t have to go to the supermarkt anymore and don’t have to think about what they are going to eat. I found this a nice example of a company which does something else in their business model than other excisting companies.

https://www.hellofresh.com/

Hi everyone!

I am not sure but I think it was, Amir Marandi, who talked about a bracelet that alerts when you have a poor pulse. I read something that is closely related to Amirs elevator pitch on Break It.

It is a new venture Digital Healthcare with a first site called Wellobe.

Last year, the market for healthcare apps were worth approximately SEK 90 billion and is expected to grow by over 30 percent a year until 2020, according to Allied Market Research. On the website Break It you can read about the Norwegian media giant Schibsted who has their eyes on this segment. Now the company is expanding its focus on digital health, and launching the new site Wellobe that will help users find a professional coach and help with challenges.

Schibsted has also announced that they will come to develop more new products and sites linked to health.

The trend “healthcare app” is clearly just getting started!

Venture Cup is Swedens biggest competition for startups/business ideas!

If you have an idea, you can submit it and win 250 000 kr!

The most valueable thing (according to me) though is the feedback you get. Everyone who submits get feedback from experts who will read your application. Your idea won’t be public for everyone of course, only for specific experts.

Here’s a workshop by Venture Cup at Student Inc (I’m the one with the white Tshirt)
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And heres something I’ve been doing outside of the library. Promoting entrepreneurship!

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The idea competition is due to 6:th of October.

Followed by the Business plan competition due to months later.

You got nothing to lose! http://www.venturecup.se/

Hi All,

As part of our Venture Project, my mates and myself are developing Perfectly Fit Clothes Inc.
Perfectly Fit Clothes Inc is a platform connecting people who wants perfectly fit clothes by a full 3D body scan measurement.
A Revolutionary way to get the perfect clothes for you that you could never get somewhere else!

Could you kindly answer this survey please?
This would be very helpful and will only take you 2 minutes, I promise!

Survey Link: https://docs.google.com/forms/d/1EgepHnitHdSbkTafpld7cuk0LuNZPCqZKOQU5cCjcgI/viewform?
usp=send_form

Please feel free to share it as well!
Cheers,

Celine, Amir, Douglas and Tim