In search of valuable feedback from investors and customers regarding our venture we reached out to Emma Buratovic. We wanted to get her take on our venture seeing as her knowledge and experience both regarding this course and ventures in real life are very valuable. By networking on LinkedIn we set up a zoom-meeting this monday. Our team prepared some questions that we wanted her input on.
Some of the questions were:
- What do you think about our venture idea?
- What data and information does a real investor want?
- How should one go about when making financial projections?
- How careful should we be with using ML and AI?
- What do you think about our niche?
- What do you see as our biggest challenge?
Our most valuable takeaways from our meeting were her thoughts on our financing and the use of new technology. She shared important thoughts on the customer segment that we aim to pursue which we hadn’t thought of. We also got some input on our price model which now has been revised. We were reminded of the importance of having an agile business, especially in the starting pits. We will continue with our iterative business development process by reaching out to more people.
It was very reassuring to hear from her that at this stage Hidden Dreams would continue to pursue our venture idea.
Overall it was very rewarding and helpful to speak to an industry professional. Her competence and experience are invaluable to us. We also learned a valuable lesson in the importance of networking. There are so many people in our surrounding that can provide help.