SlideShare ist ein Scribd-Unternehmen logo
1 von 12
Downloaden Sie, um offline zu lesen
Tiny Techie
Nate Nicole Stephanie Tony
108 Cumulative interviews to date
● 60 Moms/ 7 Dads
● 6 Pediatric Nurse /Doctors/Hospital
administrators
● 4 Baby Store Retailers
● 6 Lactation Consultants/Doulas
● 12 Sensor/Fluid
Engineers/Companies
● 5 Professors
● 4 Founders
● 2 Other
Week 0:
Building a smart nipple shield that helps
● moms struggling with breastfeeding
● moms curious about the data
Week 12:
Building a smart nipple shield that helps
● Type A moms with concerns about
underweight babies, in urban areas,
with household income >$100k and
<$500k
Andy Smith, Mentor Jude & Elijah, Advisors
Origin Story:
● 4 students - passionate about IOT and babies
● Other ideas we considered:
○ Smart car seat - lightweight, ergonomic child
placing and easier buckling
○ Baby car wash - automated washing of a baby’s
behind
○ Netflix for children’s books & educational
materials
Babies IOT
Day 1 beliefs
Customer Segments
● Mothers struggling with
breastfeeding
● Moms with high
severity/low duration of
bfing issues
● Moms that do not struggle
bfing, but just like the data
it provides
We thought Value
Propositions were
product features
Customer Segments
Weeks 1-2:
● Mothers struggling with
breastfeeding
● Moms with high
severity/low duration of
bfing issues
● Moms that do not struggle
bfing, but just like the data
it provides
● First time moms
Weeks 4-5:
● Type A moms who are
concerned about
underweight babies, urban
areas, >$100 household
income
● Type A moms with breast
pain
● Working moms
● Lactation consultants
Weeks 9-12:
● Type A moms who are
concerned about
underweight babies, in
urban areas, >$100k
household income
● working moms, in urban
areas, with household
income > $100k
● Dads who are data geeks
● Dads (w/ moms struggling
with breastfeeding)
● Google / Facebook HR
● By week 12, we can ask a mom 4 questions and predict with 80% confidence
whether they will show high interest in our product. Critical to honing in on a
specific customer segment inside the mom market
● Saboteurs - lactation consultants are mom influencers who do not like us
Validated In ProgressInvalidated
In ProgressInvalidatedInvalidatedValidated
Breastfeeding Mom Personas and
Interview Quotes
Data Nerd
“That data would be
interesting to have, I
might use once in
awhile”
10% of interviews
Lactivist
“Ugh, that’s horrible. I
would never use it”
20% of interviews
Easy going mom
“It sounds cool, but I
don’t I would buy it.”
25% of interviews
Struggling
Breastfeeders
“Love the product! I can
see the market for this”
45% of interviews
Value Proposition Dashboard
Gains
Pains
Customer
Jobs
Gain Creators
Pain Relievers
Products
& Services
Feed the baby
Nutritional mystery
Insecurity
Discomfort
Confidence that mom is “doing it right”
Babies are breastfed longer
Eliminates uncertainty in
babies feeding habits
Reduces discomfort
Breast is best
Mother-baby bonding
experience
Nipple shield monitor
App with real-time milk
consumption data
tracking
The problem we’re solving is relieving the anxiety and self-questioning
that mothers experience. “Am I bad mother?”
FormulaFeeding
Pumping &
Breastfeeding Support
Baby
Technology
Lactation
C
onsultants
Breastfeeding
m
onitoring
products
TinyTechie
Competitor Leaf Diagram
Our main competitor - hospital scale
Moms will do almost
anything to avoid
formula
Saboteurs
Market Size
SAM dropped as we
discovered that moms
needed to have
specific problems to
show interest
$15M
$2M
$309M
$20M
$400M
To improve our SAM, we looked at complementary mom products, including
breastfeeding survival kits, poop health identification apps, education
materials through the app, but these did not resonate in customer interviews.
SAM increased
slightly as we refined
our customer
segments
$500k
Channels
Week 1:
● Lactation consultants
● Mom and Pop Maternity
shops
● US association of lactation
consultants
Weeks 4-5:
● our own website
● amazon.com
● Mom and Pop shops make very little profit selling baby products and competing
against Amazon. They are pivoting towards baby classes for revenue
● Saboteurs - lactation consultants are mom influencers, typically very natural
focused, do not like technology
Validated In ProgressInvalidated
MVP Progression
Weeks 1-5
Proving Viability
Can moms picturing themselves using this?
Results:
Moms are familiar with nipple shields
Moms use iPhones while feeding, are not
concerned about wireless radiation when
their baby is underweight
Weeks 3-9
Proving Feasibility
Can we actually make this at a reasonable
cost?
Struggle:
Sensors were made for industries (too big),
or touches the fluid in smaller applications
(not food safe)
Technologies: Magnometer, Temp sensor,
OLED Sensor, in-pipe turbine
MVP Progression
Weeks 9-12
Feasibility Proved!
Results:
We flew to Las Vegas, found an excited
partner in IST (sensor company).
Validated that we can source tiny and
low cost flowmeters.
Specs:
Accuracy: +/- 5%
Size: 0.2-0.5 cm
Battery Life - 10 hours
Unit Cost - $3-$5
Next steps
Prove Usability
● 3D print the nipple shields and
embed the sensors
● Give it to moms to test
ARE GOING FOR IT!
Next Steps for the FlowMometer
Investment Readiness - Not yet, but could be a viable business
More validation needed:
● Are moms liars? They said they would buy it, but will they hand cash over?
(Lesson borrowed from other LLP team - Illuminate)
● Will moms actually enjoy using the product?
● Customer acquisition costs - is it low enough to be profitable?
Next steps:
● Build 20 FlowMOMeters
● Test payments and usability with moms
Stephanie Tony

Weitere ähnliche Inhalte

Was ist angesagt?

Technology RoundTable
Technology RoundTableTechnology RoundTable
Technology RoundTablemiagd
 
Its Not About The Smoothie
Its Not About The SmoothieIts Not About The Smoothie
Its Not About The SmoothieChris Finlay
 
GOKCE TOMBUL - HOW TO BUILD A SUCCESSFUL EXPERIMENTATION PROGRAM
GOKCE TOMBUL - HOW TO BUILD A SUCCESSFUL EXPERIMENTATION PROGRAMGOKCE TOMBUL - HOW TO BUILD A SUCCESSFUL EXPERIMENTATION PROGRAM
GOKCE TOMBUL - HOW TO BUILD A SUCCESSFUL EXPERIMENTATION PROGRAMHilary Ip
 
Lessons Learned in Product Ownership
Lessons Learned in Product OwnershipLessons Learned in Product Ownership
Lessons Learned in Product OwnershipKent McDonald
 
The Reality of the Employee Experience
The Reality of the Employee ExperienceThe Reality of the Employee Experience
The Reality of the Employee ExperienceiQmetrixCorp
 
10 Insights to Deliver Amazing Customer Service
10 Insights to Deliver Amazing Customer Service10 Insights to Deliver Amazing Customer Service
10 Insights to Deliver Amazing Customer ServiceDesk
 
Case study ThinkEvans
Case study ThinkEvansCase study ThinkEvans
Case study ThinkEvansLeo Champion
 
Refining Your Skills for the Not Too Distant Future
Refining Your Skills for the Not Too Distant FutureRefining Your Skills for the Not Too Distant Future
Refining Your Skills for the Not Too Distant Futureqmatheson
 
Why cx matters to fs customers part of the 2015 lexden masterclass series i...
Why cx matters to fs customers   part of the 2015 lexden masterclass series i...Why cx matters to fs customers   part of the 2015 lexden masterclass series i...
Why cx matters to fs customers part of the 2015 lexden masterclass series i...Christopher Brooks
 
DBA #8 - Data Analytics: The Bedrock Of Rational Creativity
DBA #8 - Data Analytics: The Bedrock Of Rational CreativityDBA #8 - Data Analytics: The Bedrock Of Rational Creativity
DBA #8 - Data Analytics: The Bedrock Of Rational CreativityDesign Bootcamp Asia
 
A Shift in Focus: Creating the Experience
A Shift in Focus: Creating the ExperienceA Shift in Focus: Creating the Experience
A Shift in Focus: Creating the Experienceqmatheson
 
Right access - and some myth busting about general practice
Right access - and some myth busting about general practiceRight access - and some myth busting about general practice
Right access - and some myth busting about general practiceRobert Varnam Coaching
 
Valverde & Stiles Process and Deliverables
Valverde & Stiles Process and DeliverablesValverde & Stiles Process and Deliverables
Valverde & Stiles Process and DeliverablesMike Stiles
 
PETER FISHERMAN - GROWTH AND ANALYTICS, APPROACHES TO LEARNING QUICKLY WITH B...
PETER FISHERMAN - GROWTH AND ANALYTICS, APPROACHES TO LEARNING QUICKLY WITH B...PETER FISHERMAN - GROWTH AND ANALYTICS, APPROACHES TO LEARNING QUICKLY WITH B...
PETER FISHERMAN - GROWTH AND ANALYTICS, APPROACHES TO LEARNING QUICKLY WITH B...Hilary Ip
 
Week 7 - Maximising Value and Removing Waste in Media
Week 7 - Maximising Value and Removing Waste in MediaWeek 7 - Maximising Value and Removing Waste in Media
Week 7 - Maximising Value and Removing Waste in MediaBen Shepherd
 
How to Build an Authentic, Winning Culture
How to Build an Authentic, Winning CultureHow to Build an Authentic, Winning Culture
How to Build an Authentic, Winning CultureO.C. Tanner
 

Was ist angesagt? (18)

Technology RoundTable
Technology RoundTableTechnology RoundTable
Technology RoundTable
 
Its Not About The Smoothie
Its Not About The SmoothieIts Not About The Smoothie
Its Not About The Smoothie
 
GOKCE TOMBUL - HOW TO BUILD A SUCCESSFUL EXPERIMENTATION PROGRAM
GOKCE TOMBUL - HOW TO BUILD A SUCCESSFUL EXPERIMENTATION PROGRAMGOKCE TOMBUL - HOW TO BUILD A SUCCESSFUL EXPERIMENTATION PROGRAM
GOKCE TOMBUL - HOW TO BUILD A SUCCESSFUL EXPERIMENTATION PROGRAM
 
PATH | WD
PATH | WD PATH | WD
PATH | WD
 
Lessons Learned in Product Ownership
Lessons Learned in Product OwnershipLessons Learned in Product Ownership
Lessons Learned in Product Ownership
 
The Reality of the Employee Experience
The Reality of the Employee ExperienceThe Reality of the Employee Experience
The Reality of the Employee Experience
 
10 Insights to Deliver Amazing Customer Service
10 Insights to Deliver Amazing Customer Service10 Insights to Deliver Amazing Customer Service
10 Insights to Deliver Amazing Customer Service
 
Case study ThinkEvans
Case study ThinkEvansCase study ThinkEvans
Case study ThinkEvans
 
Refining Your Skills for the Not Too Distant Future
Refining Your Skills for the Not Too Distant FutureRefining Your Skills for the Not Too Distant Future
Refining Your Skills for the Not Too Distant Future
 
Why cx matters to fs customers part of the 2015 lexden masterclass series i...
Why cx matters to fs customers   part of the 2015 lexden masterclass series i...Why cx matters to fs customers   part of the 2015 lexden masterclass series i...
Why cx matters to fs customers part of the 2015 lexden masterclass series i...
 
DBA #8 - Data Analytics: The Bedrock Of Rational Creativity
DBA #8 - Data Analytics: The Bedrock Of Rational CreativityDBA #8 - Data Analytics: The Bedrock Of Rational Creativity
DBA #8 - Data Analytics: The Bedrock Of Rational Creativity
 
A Shift in Focus: Creating the Experience
A Shift in Focus: Creating the ExperienceA Shift in Focus: Creating the Experience
A Shift in Focus: Creating the Experience
 
Right access - and some myth busting about general practice
Right access - and some myth busting about general practiceRight access - and some myth busting about general practice
Right access - and some myth busting about general practice
 
Valverde & Stiles Process and Deliverables
Valverde & Stiles Process and DeliverablesValverde & Stiles Process and Deliverables
Valverde & Stiles Process and Deliverables
 
PETER FISHERMAN - GROWTH AND ANALYTICS, APPROACHES TO LEARNING QUICKLY WITH B...
PETER FISHERMAN - GROWTH AND ANALYTICS, APPROACHES TO LEARNING QUICKLY WITH B...PETER FISHERMAN - GROWTH AND ANALYTICS, APPROACHES TO LEARNING QUICKLY WITH B...
PETER FISHERMAN - GROWTH AND ANALYTICS, APPROACHES TO LEARNING QUICKLY WITH B...
 
Week 7 - Maximising Value and Removing Waste in Media
Week 7 - Maximising Value and Removing Waste in MediaWeek 7 - Maximising Value and Removing Waste in Media
Week 7 - Maximising Value and Removing Waste in Media
 
Writing samples for content strategy/cloud/IT/UI-UX and more
Writing samples for content strategy/cloud/IT/UI-UX and moreWriting samples for content strategy/cloud/IT/UI-UX and more
Writing samples for content strategy/cloud/IT/UI-UX and more
 
How to Build an Authentic, Winning Culture
How to Build an Authentic, Winning CultureHow to Build an Authentic, Winning Culture
How to Build an Authentic, Winning Culture
 

Ähnlich wie TinyTechie 2017

How we created recurring revenue with marketing automation
How we created recurring revenue with marketing automationHow we created recurring revenue with marketing automation
How we created recurring revenue with marketing automationJente Kasprowski
 
ānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learnedānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons LearnedStanford University
 
7 Biggest Child Care Challenges & How Technology Can Help
7 Biggest Child Care Challenges & How Technology Can Help7 Biggest Child Care Challenges & How Technology Can Help
7 Biggest Child Care Challenges & How Technology Can HelpProcare Software
 
Infant formula : Focus on the main concerns of young mothers in Indonesia, Ma...
Infant formula : Focus on the main concerns of young mothers in Indonesia, Ma...Infant formula : Focus on the main concerns of young mothers in Indonesia, Ma...
Infant formula : Focus on the main concerns of young mothers in Indonesia, Ma...Tesla Insights
 
Compare Contrast Essay Sample Block Method
Compare Contrast Essay Sample Block MethodCompare Contrast Essay Sample Block Method
Compare Contrast Essay Sample Block MethodSamantha Edwards
 
Brand Strategy - Brand Model Example
Brand Strategy - Brand Model ExampleBrand Strategy - Brand Model Example
Brand Strategy - Brand Model ExampleChris Neary
 
Your assumptions are probably wrong.
Your assumptions are probably wrong.Your assumptions are probably wrong.
Your assumptions are probably wrong.Jeremy Horn
 
Data-Driven off a Cliff: Anti-Patterns in Evidence-Based Decision Making
Data-Driven off a Cliff: Anti-Patterns in Evidence-Based Decision MakingData-Driven off a Cliff: Anti-Patterns in Evidence-Based Decision Making
Data-Driven off a Cliff: Anti-Patterns in Evidence-Based Decision Makingindeedeng
 
Creating Viral Content
Creating Viral ContentCreating Viral Content
Creating Viral ContentEli Schwartz
 
How to define your goal with 7 tools
How to define your goal with 7 toolsHow to define your goal with 7 tools
How to define your goal with 7 toolsrinat keinan
 
How to use surveys to create viral content
How to use surveys to create viral contentHow to use surveys to create viral content
How to use surveys to create viral contentEli Schwartz
 
Product Development with Gitgirl, PiggyVest & Flutterwave
Product Development with Gitgirl, PiggyVest & FlutterwaveProduct Development with Gitgirl, PiggyVest & Flutterwave
Product Development with Gitgirl, PiggyVest & FlutterwaveProduct School
 
Fbif2017 report product a-panel discussion
Fbif2017 report product a-panel discussionFbif2017 report product a-panel discussion
Fbif2017 report product a-panel discussionSimba Events
 
Daycare Project
Daycare ProjectDaycare Project
Daycare Projecttubaaah
 
The Bright Future of Market Research Smartees Workshop
The Bright Future of Market Research Smartees WorkshopThe Bright Future of Market Research Smartees Workshop
The Bright Future of Market Research Smartees WorkshopInSites on Stage
 

Ähnlich wie TinyTechie 2017 (20)

How we created recurring revenue with marketing automation
How we created recurring revenue with marketing automationHow we created recurring revenue with marketing automation
How we created recurring revenue with marketing automation
 
Baby Simplify
Baby SimplifyBaby Simplify
Baby Simplify
 
ānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learnedānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learned
 
Pesticide id Final Presentation
Pesticide id Final PresentationPesticide id Final Presentation
Pesticide id Final Presentation
 
7 Biggest Child Care Challenges & How Technology Can Help
7 Biggest Child Care Challenges & How Technology Can Help7 Biggest Child Care Challenges & How Technology Can Help
7 Biggest Child Care Challenges & How Technology Can Help
 
Infant formula : Focus on the main concerns of young mothers in Indonesia, Ma...
Infant formula : Focus on the main concerns of young mothers in Indonesia, Ma...Infant formula : Focus on the main concerns of young mothers in Indonesia, Ma...
Infant formula : Focus on the main concerns of young mothers in Indonesia, Ma...
 
Dave Weiss
Dave Weiss Dave Weiss
Dave Weiss
 
mama earth.pptx
mama earth.pptxmama earth.pptx
mama earth.pptx
 
Compare Contrast Essay Sample Block Method
Compare Contrast Essay Sample Block MethodCompare Contrast Essay Sample Block Method
Compare Contrast Essay Sample Block Method
 
Brand Strategy - Brand Model Example
Brand Strategy - Brand Model ExampleBrand Strategy - Brand Model Example
Brand Strategy - Brand Model Example
 
Advertising &.pptx
Advertising &.pptxAdvertising &.pptx
Advertising &.pptx
 
Your assumptions are probably wrong.
Your assumptions are probably wrong.Your assumptions are probably wrong.
Your assumptions are probably wrong.
 
Data-Driven off a Cliff: Anti-Patterns in Evidence-Based Decision Making
Data-Driven off a Cliff: Anti-Patterns in Evidence-Based Decision MakingData-Driven off a Cliff: Anti-Patterns in Evidence-Based Decision Making
Data-Driven off a Cliff: Anti-Patterns in Evidence-Based Decision Making
 
Creating Viral Content
Creating Viral ContentCreating Viral Content
Creating Viral Content
 
How to define your goal with 7 tools
How to define your goal with 7 toolsHow to define your goal with 7 tools
How to define your goal with 7 tools
 
How to use surveys to create viral content
How to use surveys to create viral contentHow to use surveys to create viral content
How to use surveys to create viral content
 
Product Development with Gitgirl, PiggyVest & Flutterwave
Product Development with Gitgirl, PiggyVest & FlutterwaveProduct Development with Gitgirl, PiggyVest & Flutterwave
Product Development with Gitgirl, PiggyVest & Flutterwave
 
Fbif2017 report product a-panel discussion
Fbif2017 report product a-panel discussionFbif2017 report product a-panel discussion
Fbif2017 report product a-panel discussion
 
Daycare Project
Daycare ProjectDaycare Project
Daycare Project
 
The Bright Future of Market Research Smartees Workshop
The Bright Future of Market Research Smartees WorkshopThe Bright Future of Market Research Smartees Workshop
The Bright Future of Market Research Smartees Workshop
 

Mehr von Stanford University

Team Networks - 2022 Technology, Innovation & Great Power Competition
Team Networks  - 2022 Technology, Innovation & Great Power CompetitionTeam Networks  - 2022 Technology, Innovation & Great Power Competition
Team Networks - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries  - 2022 Technology, Innovation & Great Power CompetitionTeam LiOn Batteries  - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Quantum - 2022 Technology, Innovation & Great Power Competition
Team Quantum  - 2022 Technology, Innovation & Great Power CompetitionTeam Quantum  - 2022 Technology, Innovation & Great Power Competition
Team Quantum - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
Team Disinformation  - 2022 Technology, Innovation & Great Power CompetitionTeam Disinformation  - 2022 Technology, Innovation & Great Power Competition
Team Disinformation - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Wargames - 2022 Technology, Innovation & Great Power Competition
Team Wargames  - 2022 Technology, Innovation & Great Power CompetitionTeam Wargames  - 2022 Technology, Innovation & Great Power Competition
Team Wargames - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
Team Acquistion  - 2022 Technology, Innovation & Great Power Competition Team Acquistion  - 2022 Technology, Innovation & Great Power Competition
Team Acquistion - 2022 Technology, Innovation & Great Power Competition Stanford University
 
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Stanford University
 
Altuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedAltuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedStanford University
 
Invisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedInvisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedStanford University
 
Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Stanford University
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Stanford University
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Stanford University
 
Team Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionTeam Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionTeam Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionTeam Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionTeam Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionTeam Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Stanford University
 
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberLecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberStanford University
 
Lecture 7 - Technology, Innovation and Great Power Competition - Space
Lecture 7 - Technology, Innovation and Great Power Competition - SpaceLecture 7 - Technology, Innovation and Great Power Competition - Space
Lecture 7 - Technology, Innovation and Great Power Competition - SpaceStanford University
 

Mehr von Stanford University (20)

Team Networks - 2022 Technology, Innovation & Great Power Competition
Team Networks  - 2022 Technology, Innovation & Great Power CompetitionTeam Networks  - 2022 Technology, Innovation & Great Power Competition
Team Networks - 2022 Technology, Innovation & Great Power Competition
 
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries  - 2022 Technology, Innovation & Great Power CompetitionTeam LiOn Batteries  - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
 
Team Quantum - 2022 Technology, Innovation & Great Power Competition
Team Quantum  - 2022 Technology, Innovation & Great Power CompetitionTeam Quantum  - 2022 Technology, Innovation & Great Power Competition
Team Quantum - 2022 Technology, Innovation & Great Power Competition
 
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
Team Disinformation  - 2022 Technology, Innovation & Great Power CompetitionTeam Disinformation  - 2022 Technology, Innovation & Great Power Competition
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
 
Team Wargames - 2022 Technology, Innovation & Great Power Competition
Team Wargames  - 2022 Technology, Innovation & Great Power CompetitionTeam Wargames  - 2022 Technology, Innovation & Great Power Competition
Team Wargames - 2022 Technology, Innovation & Great Power Competition
 
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
Team Acquistion  - 2022 Technology, Innovation & Great Power Competition Team Acquistion  - 2022 Technology, Innovation & Great Power Competition
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
 
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
 
Altuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedAltuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons Learned
 
Invisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedInvisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons Learned
 
Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
 
Team Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionTeam Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power Competition
 
Team Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionTeam Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power Competition
 
Team Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionTeam Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power Competition
 
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionTeam Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
 
Team Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionTeam Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power Competition
 
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
 
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberLecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
 
Lecture 7 - Technology, Innovation and Great Power Competition - Space
Lecture 7 - Technology, Innovation and Great Power Competition - SpaceLecture 7 - Technology, Innovation and Great Power Competition - Space
Lecture 7 - Technology, Innovation and Great Power Competition - Space
 

Kürzlich hochgeladen

Congestive Cardiac Failure..presentation
Congestive Cardiac Failure..presentationCongestive Cardiac Failure..presentation
Congestive Cardiac Failure..presentationdeepaannamalai16
 
Unraveling Hypertext_ Analyzing Postmodern Elements in Literature.pptx
Unraveling Hypertext_ Analyzing  Postmodern Elements in  Literature.pptxUnraveling Hypertext_ Analyzing  Postmodern Elements in  Literature.pptx
Unraveling Hypertext_ Analyzing Postmodern Elements in Literature.pptxDhatriParmar
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfPrerana Jadhav
 
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxBIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxSayali Powar
 
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfGrade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfJemuel Francisco
 
Indexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfIndexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfChristalin Nelson
 
4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptxmary850239
 
Oppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmOppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmStan Meyer
 
How to Manage Buy 3 Get 1 Free in Odoo 17
How to Manage Buy 3 Get 1 Free in Odoo 17How to Manage Buy 3 Get 1 Free in Odoo 17
How to Manage Buy 3 Get 1 Free in Odoo 17Celine George
 
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxQ4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxlancelewisportillo
 
Concurrency Control in Database Management system
Concurrency Control in Database Management systemConcurrency Control in Database Management system
Concurrency Control in Database Management systemChristalin Nelson
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQuiz Club NITW
 
Using Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea DevelopmentUsing Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea Developmentchesterberbo7
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptxmary850239
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...DhatriParmar
 
How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17Celine George
 
Reading and Writing Skills 11 quarter 4 melc 1
Reading and Writing Skills 11 quarter 4 melc 1Reading and Writing Skills 11 quarter 4 melc 1
Reading and Writing Skills 11 quarter 4 melc 1GloryAnnCastre1
 
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Association for Project Management
 

Kürzlich hochgeladen (20)

Congestive Cardiac Failure..presentation
Congestive Cardiac Failure..presentationCongestive Cardiac Failure..presentation
Congestive Cardiac Failure..presentation
 
Unraveling Hypertext_ Analyzing Postmodern Elements in Literature.pptx
Unraveling Hypertext_ Analyzing  Postmodern Elements in  Literature.pptxUnraveling Hypertext_ Analyzing  Postmodern Elements in  Literature.pptx
Unraveling Hypertext_ Analyzing Postmodern Elements in Literature.pptx
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdf
 
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxBIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
 
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfGrade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
 
Indexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdfIndexing Structures in Database Management system.pdf
Indexing Structures in Database Management system.pdf
 
4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx
 
Oppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and FilmOppenheimer Film Discussion for Philosophy and Film
Oppenheimer Film Discussion for Philosophy and Film
 
Faculty Profile prashantha K EEE dept Sri Sairam college of Engineering
Faculty Profile prashantha K EEE dept Sri Sairam college of EngineeringFaculty Profile prashantha K EEE dept Sri Sairam college of Engineering
Faculty Profile prashantha K EEE dept Sri Sairam college of Engineering
 
How to Manage Buy 3 Get 1 Free in Odoo 17
How to Manage Buy 3 Get 1 Free in Odoo 17How to Manage Buy 3 Get 1 Free in Odoo 17
How to Manage Buy 3 Get 1 Free in Odoo 17
 
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxQ4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
 
Concurrency Control in Database Management system
Concurrency Control in Database Management systemConcurrency Control in Database Management system
Concurrency Control in Database Management system
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
 
Using Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea DevelopmentUsing Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea Development
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
 
How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17
 
Reading and Writing Skills 11 quarter 4 melc 1
Reading and Writing Skills 11 quarter 4 melc 1Reading and Writing Skills 11 quarter 4 melc 1
Reading and Writing Skills 11 quarter 4 melc 1
 
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
 
INCLUSIVE EDUCATION PRACTICES FOR TEACHERS AND TRAINERS.pptx
INCLUSIVE EDUCATION PRACTICES FOR TEACHERS AND TRAINERS.pptxINCLUSIVE EDUCATION PRACTICES FOR TEACHERS AND TRAINERS.pptx
INCLUSIVE EDUCATION PRACTICES FOR TEACHERS AND TRAINERS.pptx
 

TinyTechie 2017

  • 1. Tiny Techie Nate Nicole Stephanie Tony 108 Cumulative interviews to date ● 60 Moms/ 7 Dads ● 6 Pediatric Nurse /Doctors/Hospital administrators ● 4 Baby Store Retailers ● 6 Lactation Consultants/Doulas ● 12 Sensor/Fluid Engineers/Companies ● 5 Professors ● 4 Founders ● 2 Other Week 0: Building a smart nipple shield that helps ● moms struggling with breastfeeding ● moms curious about the data Week 12: Building a smart nipple shield that helps ● Type A moms with concerns about underweight babies, in urban areas, with household income >$100k and <$500k Andy Smith, Mentor Jude & Elijah, Advisors
  • 2. Origin Story: ● 4 students - passionate about IOT and babies ● Other ideas we considered: ○ Smart car seat - lightweight, ergonomic child placing and easier buckling ○ Baby car wash - automated washing of a baby’s behind ○ Netflix for children’s books & educational materials Babies IOT
  • 3. Day 1 beliefs Customer Segments ● Mothers struggling with breastfeeding ● Moms with high severity/low duration of bfing issues ● Moms that do not struggle bfing, but just like the data it provides We thought Value Propositions were product features
  • 4. Customer Segments Weeks 1-2: ● Mothers struggling with breastfeeding ● Moms with high severity/low duration of bfing issues ● Moms that do not struggle bfing, but just like the data it provides ● First time moms Weeks 4-5: ● Type A moms who are concerned about underweight babies, urban areas, >$100 household income ● Type A moms with breast pain ● Working moms ● Lactation consultants Weeks 9-12: ● Type A moms who are concerned about underweight babies, in urban areas, >$100k household income ● working moms, in urban areas, with household income > $100k ● Dads who are data geeks ● Dads (w/ moms struggling with breastfeeding) ● Google / Facebook HR ● By week 12, we can ask a mom 4 questions and predict with 80% confidence whether they will show high interest in our product. Critical to honing in on a specific customer segment inside the mom market ● Saboteurs - lactation consultants are mom influencers who do not like us Validated In ProgressInvalidated
  • 5. In ProgressInvalidatedInvalidatedValidated Breastfeeding Mom Personas and Interview Quotes Data Nerd “That data would be interesting to have, I might use once in awhile” 10% of interviews Lactivist “Ugh, that’s horrible. I would never use it” 20% of interviews Easy going mom “It sounds cool, but I don’t I would buy it.” 25% of interviews Struggling Breastfeeders “Love the product! I can see the market for this” 45% of interviews
  • 6. Value Proposition Dashboard Gains Pains Customer Jobs Gain Creators Pain Relievers Products & Services Feed the baby Nutritional mystery Insecurity Discomfort Confidence that mom is “doing it right” Babies are breastfed longer Eliminates uncertainty in babies feeding habits Reduces discomfort Breast is best Mother-baby bonding experience Nipple shield monitor App with real-time milk consumption data tracking The problem we’re solving is relieving the anxiety and self-questioning that mothers experience. “Am I bad mother?”
  • 7. FormulaFeeding Pumping & Breastfeeding Support Baby Technology Lactation C onsultants Breastfeeding m onitoring products TinyTechie Competitor Leaf Diagram Our main competitor - hospital scale Moms will do almost anything to avoid formula Saboteurs
  • 8. Market Size SAM dropped as we discovered that moms needed to have specific problems to show interest $15M $2M $309M $20M $400M To improve our SAM, we looked at complementary mom products, including breastfeeding survival kits, poop health identification apps, education materials through the app, but these did not resonate in customer interviews. SAM increased slightly as we refined our customer segments $500k
  • 9. Channels Week 1: ● Lactation consultants ● Mom and Pop Maternity shops ● US association of lactation consultants Weeks 4-5: ● our own website ● amazon.com ● Mom and Pop shops make very little profit selling baby products and competing against Amazon. They are pivoting towards baby classes for revenue ● Saboteurs - lactation consultants are mom influencers, typically very natural focused, do not like technology Validated In ProgressInvalidated
  • 10. MVP Progression Weeks 1-5 Proving Viability Can moms picturing themselves using this? Results: Moms are familiar with nipple shields Moms use iPhones while feeding, are not concerned about wireless radiation when their baby is underweight Weeks 3-9 Proving Feasibility Can we actually make this at a reasonable cost? Struggle: Sensors were made for industries (too big), or touches the fluid in smaller applications (not food safe) Technologies: Magnometer, Temp sensor, OLED Sensor, in-pipe turbine
  • 11. MVP Progression Weeks 9-12 Feasibility Proved! Results: We flew to Las Vegas, found an excited partner in IST (sensor company). Validated that we can source tiny and low cost flowmeters. Specs: Accuracy: +/- 5% Size: 0.2-0.5 cm Battery Life - 10 hours Unit Cost - $3-$5 Next steps Prove Usability ● 3D print the nipple shields and embed the sensors ● Give it to moms to test
  • 12. ARE GOING FOR IT! Next Steps for the FlowMometer Investment Readiness - Not yet, but could be a viable business More validation needed: ● Are moms liars? They said they would buy it, but will they hand cash over? (Lesson borrowed from other LLP team - Illuminate) ● Will moms actually enjoy using the product? ● Customer acquisition costs - is it low enough to be profitable? Next steps: ● Build 20 FlowMOMeters ● Test payments and usability with moms Stephanie Tony