Program: Peer2peer feedback

A: For idea-only people:

Clarify the idea & develop a 1-minute pitch;
Perform an initial Google-search (tips on how to do this);
Discussion about a business model.

Mentor-input at the end.

B: For solitary founders

1. understanding the market; identifying the right problem to be solved; pivots; etc

2. obtaining customers; improving the busines model etc; finding a cofounder or team;

3. scaling up; investors; etc.

Mentor-input at the end.

Mentors

After listening to the presentations, you'll be providing feedback along the lines of these tips.

1. Dividing into groups

The initial peer2peer input is one-to-one, later it is a group giving input to an individual peer, everyone getting their turn to get the group input.

For a large group of attendees: divide into sections.

For example:

idea-only people, before any google search.
idea-people after complete google-search, with a honed 1-minute pitch, a business model, and a clear fiea of the market.
solitary founders working full-time on a project in their area of expertise, before obtaining actual paying customers.
an operating business with paying customers that is still not yet making a profit.

Each group has a different level of experience, and can challenge their discussion-partner at different levels.

2. What happens in each group

Each group will arrange in this way, with an inner circle and an outer circle, with the outer circle rotating one slot after 4 minutes.

A tells B their idea in ONE MINUTE, and is cut off by a gong heard by all the participants. Then B asks A some questions to clarify. A answers, but this takes only one minute, and it all serves to focus A's mind on trying to condense what they need to say into one minute.

Then during minute 2-3 it is B's turn to tell A their idea until minute 3, and during minute 3-4 it is A's turn to ask questions.

After 4 minutes have passed, the outer (A) circle rotates, and the B's remains where they were, and now B gets a chance to tell the idea to a new partner, hopefully a little more concie and honed, and gets feedback from a new A, and v.v.

This happens for 8 cycles, for a total of 32 minutes. After these 32 minutes, every participant has had 16 minutes to tell their idea and 16 minutes to challenge their partner.

At this point, they are ready to present their idea ot the group, and get feedback from any of the others. Each person gets 1 minute to 'pitch, and hears 2 minutes of comments, for total of 3 miunutes. If there are 20 people, this is 1 hr, so the total is about 1 1/2 hr, but realisticaly more like 2 hours.

3. Interaction among the categories:

After some instruction to all participants:

The more advanced group can help the idea-only group with Google-search & business model advice, one-to-one.
The idea-only people can help the solitary-founders by serving as potential customers to be surveyed for their need of the seervice and willingess to pay.

4. Mentors will provide input at various points, and will choose a contest-winner in each category, with each winner receiving 1-hour of free mentoring.

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