64
edits
Changes
no edit summary
''"These type of events changed my life, it is amazing what a simple community push can do for you. Discover what you can do, and who you love doing it with."''
<span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 11pt; white-space: pre-wrap; background-color: transparent; text-indent: 36pt;">At the beginning of each weekend, people pitch NEW ideas. Teams then self-select around particular ideas and </span>develop<span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 11pt; white-space: pre-wrap; background-color: transparent; text-indent: 36pt;">a problem, a solution hypothesis and a series of assumptions on which a company’s success would predicate. Rather than spend weeks developing a complete design, each team spends a few hours to create </span>an "<span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 11pt; white-space: pre-wrap; background-color: transparent; text-indent: 36pt;">Minimum Viable Product" (MVP) which they use to demonstrate their idea to real customers and validate their assumptions and hypotheses by collecting cash and non-monetary currency to serve as validation.</span>
<span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 11pt; white-space: pre-wrap; background-color: transparent; text-indent: 36pt;">With customer feedback, teams then regroup to pivot the design with their new insights in hand. The process promotes a problem-centric approach to business ideation. By continuously validating and invalidating assumptions, teams are forced to determine true customer pains; rather than finding a group whose problem matches their solution.</span> <span id="docs-internal-guid-20389045-e371-dfb6-025e-85a062e57c0b"><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">The event culminates in a competition where each team pitches their new solutions and experiences using the process. The team which honors the process and gains the most insights through its pivots is selected as the winner of the weekend.</span><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;"><span class="Apple-tab-span" style="white-space:pre;"></span></span></span>
=== <span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; font-size: 13px; white-space: pre-wrap;">Distinct Differences From Other Offerings</span> ===