BUILDING A MOBILITY DEVICE COMPANY BY AHMAD ALGHAZI · Manual, online, retail, senior communities...
Transcript of BUILDING A MOBILITY DEVICE COMPANY BY AHMAD ALGHAZI · Manual, online, retail, senior communities...
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B U I L D I N G A M O B I L I T Y
D E V I C E C O M P A N Y
B Y
A H M A D A L G H A Z I
2 0 1 6
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E N A B L I N G H E A L T H Y A N D I N D E P E N D E N T
L I V I N G F O R S E N I O R S B Y I N N O V A T I N G
I N M O B I L I T Y A I D D E V I C E S .
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Rapid prototyping
Customer valida4on
Customer Valida4on & Rapid Prototyping Phase
Idea
THE JOURNEY OF PRODUCT COMMERCIALIZATION
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Idea Rapid
prototyping Customer valida4on
Works-‐like Prototyping
Looks-‐like Prototyping
Looks-‐like & Works-‐like Prototyping
<10 units
Product Development Phase
Customer Valida4on & Rapid Prototyping Phase
THE JOURNEY OF PRODUCT COMMERCIALIZATION
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Idea Rapid
prototyping Customer valida4on
Works-‐like Prototyping
Looks-‐like Prototyping
Looks-‐like & Works-‐like Prototyping
<10 units
Product Development Phase
Customer Valida4on & Rapid Prototyping Phase
Alpha 10s of units
Manufacturing Phase
Beta 100s of units
First Produc4on Run
1000s of units
THE JOURNEY OF PRODUCT COMMERCIALIZATION
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Idea Rapid
prototyping Customer valida4on
Customer Valida4on & Rapid Prototyping Phase
TALK TO STAKEHOLDERS CUSTOMER SEGMENTATIONS VALUE PROPOSITION RAPID PROTOTYPING WITH EXISTING PRODUCTS FEATURE LIST TO SOLVE THE PROBLEM NARROW DOWN FEATURES TO MVP
Osman
Ahmad Beverly 1st user
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Product Development is an iterative process Looks-Like Prototype: Ergonomics, Aesthe4cs and UX Sketches, 3D modeling, 3D prin4ng Optimizing for user experience Works-Like Prototype: Functionality first Off the shelf components Looks-Like Works-Like Prototype: Fitting electronics Build few units for testing Testing User Experience
Osman
Ahmad Beverly 1st user
Product Development Phase
Works-‐like Prototyping
Looks-‐like Prototyping
Looks-‐like & Works-‐like Prototyping
<10 units
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DFM: Design For Manufacturing Manufacturing takes on Scaling Manufacturing to reduce risks In house Assembly: Optimizing for product improvement and quality Asia/China: Optimize for economies of scale
Osman
Ahmad Beverly 1st user
Alpha 10s of units
Beta 100s of units
First Produc4on Run
1000s of units
Manufacturing Phase
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Startups = Building + Selling Sales is the ultimate validation Customers VS Users Scaling Sales & Distribution channels: Manual, online, retail, senior communities
Osman
Ahmad Beverly 1st user
Idea Rapid
prototyping Customer valida4on
Works-‐like Prototyping
Looks-‐like Prototyping
Looks-‐like & Works-‐like Prototyping
<10 units
Product Development Phase
Customer Valida4on & Rapid Prototyping Phase
Alpha 10s of units
Manufacturing Phase
Beta 100s of units
First Produc4on
Run 1000s of units
Sales and Distribu4on
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Money: Friends & Family, Grants, Accelerators, Angels & VCs Perfect the Pitching People: Hire People Better than you Generalist VS Specialists Expertise: Bring advisors who have done it before
Osman
Ahmad Beverly 1st user
Idea Rapid
prototyping Customer valida4on
Works-‐like Prototyping
Looks-‐like Prototyping
Looks-‐like & Works-‐like Prototyping
<10 units
Product Development Phase
Customer Valida4on & Rapid Prototyping Phase
Alpha 10s of units
Manufacturing Phase
Beta 100s of units
First Produc4on
Run 1000s of units
Resources
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Product Development Phase
Customer Valida4on & Rapid Prototyping Phase
Manufacturing Phase Sales & Distribu4on Fund Rising
Recommended Books
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