5. Day 1
• Narrowed to b2b, construction industry rental platform
Result:
GREAT FAIL (nobody cares)
6. Day 1
• Narrowed to b2b, construction industry rental platform
• Great Fail (nobody cares)
Lessons learned:
• Don’t boil the ocean
• Narrow the scope
Big Idea – GTFO (building)
7. Day 2
• Day 2
• BIG IDEA. Pivot – c2c, fractional ownership of
sporting goods.
• Got out of the building, spoke to customers.
• Great Fail (nobody cares)
And speak to customers
8.
9. Day 3
• Day 3
• BIGGER IDEA. Pivot – fractional ownership of luxury goods – cars, boats,
airplanes.
• Got out of the building, spoke to customers.
• GREAT SUCCESS (somebody cares)
• BIGGEST IDEA – American dream is a German car !
• Narrowed scope to exotic cars (Porsche, Lamborghini etc)
• Launched MVP – OwnAmericanDream.com
BUILDING
12. Day 4
• Day 4
• GREAT SUCCESS – 1000+ visitors, 15 sign-ups
13.
14.
15. Next Steps
• Continue to develop the revenue model
• Continue to refine cost structure
• Develop metrics that matter
• Generate additional leads
• Reach out to more channels and partners
FINALLY:GTFO building!