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Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

Date post: 15-May-2015
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In November 2012, we hosted a Speed Mentorship Session with Bose. MIT students
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14 NOV 2012 – MIT SLOAN SPEED MENTORSHIP wit h
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Page 1: Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

14 NOV 2012 – MIT SLOAN

SPEED MENTORSHIPwith

Page 2: Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

Tonight Ask questions

Rule of two feet

Explore and learn

At the end, we’ll reflect back on the evening.

Page 3: Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

BurehHand Crafted Beltsfrom Sierra Leone

Where we are:• 11K in crowd-funding• 1 retail outlet• 100 belts per week capacity

Looking for help with:• defining our brand• marketing and all things similar• distribution strategy

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Need feedback on:• School board support for teacher-student programs in public high schools•Designing training program for high school students

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Imagínate | Diiaki Workshop

11/15/2012IDEAS Bose Speed Mentoring

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Weini Qiu, Sneha Khullar, Emmanuel Brace www.impactprojects.net

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• Fund raise (from large corporations to NGOs)

• Product adaptation in emerging market

• Strategy for startup to make a deal with large corporations

Weini Qiu, Sneha Khullar, Emmanuel Brace www.impactprojects.net

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IndianRagaAn online platform to help upcoming musicians find professional opportunities

Questions:1.Bose Corporation being a pioneer in technology for audio and entertainment industry we’d like to understand what kind of technology intervention we can have through IndianRaga to solve an existing pain point - live streaming, video on demand, mobile apps, sound and video quality, online training?2.What are the challenges of technology and adoption?3.Online marketing and building audiences and customer loyalty across various platforms. How to build these up? 4.Pricing of products and services for online platforms. How should we think about segmenting our customers, and who should pay for what? Should there be a subscription fee and educational videos part of it, or should we charge on a pay-per-use model?5.Design - What are some key features or highlights of product design for an e-commerce platform, and what should we keep in mind about the user experience?

Achievements:Winner US Creative Business Cup 2012, representative to Global Entrepreneurship Week 2012, Copenhagen Winner MIT IDEAS Global Challenge Community Choice Award 2012Grants Awardee, MIT Council for the Arts

www.indianraga.in

Page 10: Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

Interactive Retinal Imaging Using Computational Photography To Fight

Blindness

Simple, fast, non-invasive, low-cost retinal health screenings

Team Name: RetiCueAdvice on Design, Manufacturing, Distribution

Page 11: Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

Advise and work with communities to develop and sell their products to a high-end market. Advise and work with communities to develop and sell their products to a high-end market.

Kristin Kagetsu

Working with communities around the world to develop and sell high value, locally sourced natural products in order to increase

income generation and create jobs for the local people.

In remote communities across the world, people often do not have access to

sustainable sources of incomesustainable sources of income.

In remote communities across the world, people often do not have access to

sustainable sources of incomesustainable sources of income.

By developing new products, communities could meet the strong demand for natural demand for natural

products in the developed worldproducts in the developed world.

By developing new products, communities could meet the strong demand for natural demand for natural

products in the developed worldproducts in the developed world.

Problem Solution

Business Model

Current Product:Crayons

Inspired By Nature

Looking For Advice On:

• Developing a market for services• Branding and marketing for product• Building a solid team• Setting up/identifying sources for third

party distribution

• Developing a market for services• Branding and marketing for product• Building a solid team• Setting up/identifying sources for third

party distribution

Page 12: Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

WHAT: creating a market place and generating demand for used saris and products made from used saris

WHY: >25,000 sari-pickers, >10M used saris collected per year = massive, underutilized and under-marketed fabric catalog

HOW: optimize sari collection process and enable inventory management through use of mobile technologies; in addition, create market place (web platform) to increase global access of used saris and products made from used saris

WHO: Bijal Shah, MIT Sloan 2013, [email protected] Zhou, MIT Sloan 2013,

[email protected]

ASSISTANCE: mentors on supply chain innovation, marketing, and sales (distribution strategy)

Page 13: Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

M.I. SPOTMicro-Institution SpotDESIGN AND CRAFT EDUCATION CATALYZING SOCIOECONOMIC CHANGE FOR URBAN CHINA MIGRANT STUDENTS

Yu Gao [email protected]

M.I.SPOT is a mix-used educational and commercial property that geared towards serving artists, migrant students, and tourists in urban China.

Funding- $ 100,000 for further field research, initial pilot testing, prototype testing Financing the operation in the first two year.

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• How can we effectively market our product (curriculum, materials and communication) to schools and their communities?

• How can we know if we have an effective product?• What is a reasonable number of schools we can take this project to?

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Thresh rents equipment that increases incomes and yields to Ethiopian farmers

• Aleem Ahmed, Founder– MIT Sloan & Harvard Kennedy School– Agriculture and health scale-up experience in Ethiopia, Kenya, and Uganda

• Building a team

19

Who

What• X

Feedback• Maximizing learning from a pilot in January• Developing an implementation strategy: distribution, rental, service and

maintenance system, marketing • Manufacturing in developing countries

Traditional threshing Mechanized threshing

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explore math

nurture creativity

realize potential

learn math

mentor and tutor

foster curiosity

Page 21: Speed Mentoring with Bose Corporation + MIT IDEAS Global Challenge

Thank you to everyone who joined us for the evening.


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