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H CAR -
                                   Higher Fidelity Prototype and
                                            Marketing




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin Stanford
                                                                                                            1   12/3/2012
University On-Line Crash Course in Creativity Fall 2012
H CAR / EccoCar TEAM




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal ArsAlan, Jared C., Arv Hardin
                                                                                                    2   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
H CAR Team Approach – Scientific
    Method: We followed the basics of – the Course Lecture




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   3   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
Financials

         We set an initial business hypothesis, critically re-examined it several
         times, and recast the business model based on industry analyses and
         concept Feasibilities
         We realized early on that the original concept was / is highly non-feasible
         as conceived with Mag Lev Technology
         That technology has very significant barriers to entry (Capital cost)
         We did examine the TAM and SAM based on various growth option
         Our customers were identified as inner city and urban residents with a
         need for small scale personal transportation
         We do not have the necessary insider connections but we do know who
         the key players are
         Feedback from experts in capital project financing indicated this is a
         business requiring many billions of Euros as current conceived.
         This business requires considerable revamping
H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   4   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
H CAR – ECCOCAR –
Business, Technology, Market Model
                     H CAR / ECCOCAR                        H CAR / ECCOCAR

                     PROPOSED                               Target Customers
                     BUSINESS




 Best Match
 Business, Custome
 r, Technology




                                       H CAR / ECCOCAR

                                       Desired Technology
Entrepreneurial Sales / Mktg – We were not in a position to
    do anything other than initial market exposure for our H CAR Concept through FB
    and Emails. None of the course recommended channels were appropriate at this
    time




                                                                        -   Qualified Lead

                                                                        - 1st Sales call

                                                                        - Demo

                                                                        - Feasibility

                                                                        - Proposal

                                                                        - Purchase Order

H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard
Kwok, Faisal Arslan, Jared C., Arv Hardin Stanford University On-   6                      12/3/2012
Line Crash Course in Creativity Fall 2012
Entrepreneurial Sales / Mktg – The Following AARRR
    model for web marketing was reviewed but we did not apply it at this time




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin Stanford   7   12/3/2012
University On-Line Crash Course in Creativity Fall 2012
Sales vs Customer Acquisition Costs –
    The course model for our type of Entrepreneurial venture is completely inappropriate. The
    course targets web apps primarily.




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   8   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
Entrepreneurial Sales -

         Quantitative understanding of all aspects of entre,
         distribution, sales, marketing, etc are key to any business

         It is too early in the conceptualization of this business concept
         to do other than very rudimentary analyses at this time




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   9   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
Understanding Entrepreneurship

    Team Leader’s Guideline 1
      In the "dime" lecture, the course lecturer made this point:

         Entrepreneurship is a search process for a new business model

         It is testing hypothesis of a business model until it is viable

         Doing it in time that is cost effective.

         And this is exactly what we are doing

H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   10   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
H CAR / ECCOCAR - Team Status

    Team Leader’s Guideline 2
    We believe we are actually on the right track:
      We are focusing on a business model that aims at sustainable
      transport introduction to urban contexts.
      We are in a search process for the product that answers to
      our visions.
      Technologies are several (in smart cars) and the quest is far
      from over.
      What we are investigating is how to make these technologies
      feasible in the market.
H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   11   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
Team Leader’s Guideline 3

         We, for now, replace the radical/ disruptive innovation maglev
         concept with any smart car tech.

         Say the TATA India “Airpod”.

         To test whether the feasibility of our business model!




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   12   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
Team Leader Guideline 4
         Our business model is to franchise the production (instead of
         locate it in cheap labor countries and then ship around the
         world),
         To rent or lease the car (instead of selling and not being
         responsible for reclaiming the materials and putting cost onto
         society), and
         To partner with city municipalities etc to have tax reduction
         for the franchisees and for those that rent the car. Lastly, the
         cars are taken back for recycling.



H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   13   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
Request to a Team member from Team Leader

         This is a model we can ask business people to comment on.

         Do you know which type of smart car scores the best in
         performance in terms of least waste from the
         batteries, production?

         Is the ‘airpod’ the closest to our "green" aims?




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   14   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
Request to a Team member from Team Leader

         This is a model we can ask business people to comment on.

         Which one you think we should propose for the business
         model test?
         Which one you think will be the best?




H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   15   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012
Summary – H CAR / ECCOCAR


         The H CAR / ECCOCAR team took on a very large and difficult
         project knowing that there would be many challenges and
         barriers
         None-the-less the environmental issue is extremely important
         Societies in general are behind this type of business venture.
         This is an important start
         We intend to build more details in the following assignment


H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin
                                                                                                   16   12/3/2012
Stanford University On-Line Crash Course in Creativity Fall 2012

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H car higher fidelity protype 3

  • 1. H CAR - Higher Fidelity Prototype and Marketing H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin Stanford 1 12/3/2012 University On-Line Crash Course in Creativity Fall 2012
  • 2. H CAR / EccoCar TEAM H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal ArsAlan, Jared C., Arv Hardin 2 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 3. H CAR Team Approach – Scientific Method: We followed the basics of – the Course Lecture H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 3 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 4. Financials We set an initial business hypothesis, critically re-examined it several times, and recast the business model based on industry analyses and concept Feasibilities We realized early on that the original concept was / is highly non-feasible as conceived with Mag Lev Technology That technology has very significant barriers to entry (Capital cost) We did examine the TAM and SAM based on various growth option Our customers were identified as inner city and urban residents with a need for small scale personal transportation We do not have the necessary insider connections but we do know who the key players are Feedback from experts in capital project financing indicated this is a business requiring many billions of Euros as current conceived. This business requires considerable revamping H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 4 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 5. H CAR – ECCOCAR – Business, Technology, Market Model H CAR / ECCOCAR H CAR / ECCOCAR PROPOSED Target Customers BUSINESS Best Match Business, Custome r, Technology H CAR / ECCOCAR Desired Technology
  • 6. Entrepreneurial Sales / Mktg – We were not in a position to do anything other than initial market exposure for our H CAR Concept through FB and Emails. None of the course recommended channels were appropriate at this time - Qualified Lead - 1st Sales call - Demo - Feasibility - Proposal - Purchase Order H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin Stanford University On- 6 12/3/2012 Line Crash Course in Creativity Fall 2012
  • 7. Entrepreneurial Sales / Mktg – The Following AARRR model for web marketing was reviewed but we did not apply it at this time H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin Stanford 7 12/3/2012 University On-Line Crash Course in Creativity Fall 2012
  • 8. Sales vs Customer Acquisition Costs – The course model for our type of Entrepreneurial venture is completely inappropriate. The course targets web apps primarily. H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 8 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 9. Entrepreneurial Sales - Quantitative understanding of all aspects of entre, distribution, sales, marketing, etc are key to any business It is too early in the conceptualization of this business concept to do other than very rudimentary analyses at this time H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 9 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 10. Understanding Entrepreneurship Team Leader’s Guideline 1 In the "dime" lecture, the course lecturer made this point: Entrepreneurship is a search process for a new business model It is testing hypothesis of a business model until it is viable Doing it in time that is cost effective. And this is exactly what we are doing H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 10 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 11. H CAR / ECCOCAR - Team Status Team Leader’s Guideline 2 We believe we are actually on the right track: We are focusing on a business model that aims at sustainable transport introduction to urban contexts. We are in a search process for the product that answers to our visions. Technologies are several (in smart cars) and the quest is far from over. What we are investigating is how to make these technologies feasible in the market. H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 11 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 12. Team Leader’s Guideline 3 We, for now, replace the radical/ disruptive innovation maglev concept with any smart car tech. Say the TATA India “Airpod”. To test whether the feasibility of our business model! H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 12 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 13. Team Leader Guideline 4 Our business model is to franchise the production (instead of locate it in cheap labor countries and then ship around the world), To rent or lease the car (instead of selling and not being responsible for reclaiming the materials and putting cost onto society), and To partner with city municipalities etc to have tax reduction for the franchisees and for those that rent the car. Lastly, the cars are taken back for recycling. H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 13 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 14. Request to a Team member from Team Leader This is a model we can ask business people to comment on. Do you know which type of smart car scores the best in performance in terms of least waste from the batteries, production? Is the ‘airpod’ the closest to our "green" aims? H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 14 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 15. Request to a Team member from Team Leader This is a model we can ask business people to comment on. Which one you think we should propose for the business model test? Which one you think will be the best? H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 15 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012
  • 16. Summary – H CAR / ECCOCAR The H CAR / ECCOCAR team took on a very large and difficult project knowing that there would be many challenges and barriers None-the-less the environmental issue is extremely important Societies in general are behind this type of business venture. This is an important start We intend to build more details in the following assignment H-CAR TEAM – LEADER KARINA VISSONOVA / Members Bernard Kwok, Faisal Arslan, Jared C., Arv Hardin 16 12/3/2012 Stanford University On-Line Crash Course in Creativity Fall 2012