Idea In. Product Out. Get The Brilliant Idea Out Of Your Head And In Front Of Your Audience
If you’ve had “the best idea ever” but found yourself paralyzed, not knowing what to do next, this session is for you. Buckle up for a fast-paced rapid prototyping session that takes a concept from idea to a tangible product and a viable business in 45 minutes. How do I design it? How do I protect my idea? How do I fund my idea? How much does it cost? From coding and design to investors and patents, we’ll touch on all these topics and more in an all out sprint to market.
7. Rapid Prototyping: Rapid Prototyping:
Outline Template
Capture the Idea
Sketch
Freeform - Let the ideas flow: don’t worry about spelling/
grammar or the laws of physics
Idea Outline
• What is it:
• What does it do:
• What’s unique about it, benefits:
• How is it delivered to the customer:
• Potential industry/vendor partners, strategic relationships,
sources of customers:
• How to make it:
• Name:
• https://docs.google.com/document/d/
11nc6RY8PGp0qECOwfPVMiLIdqjTqF8_Ld1ICkCUms3w/edit?usp=sharing
9. Rapid Prototyping: Communicating the Idea
Communication is 70% of Success
Communicating the Idea
70%
20%
9%
1%
Communication
Skill
Determindation
Luck
70%
10. Rapid Prototyping: Communicating the Idea
That means Listening is 35% of Success
Communicating the Idea
35%
35%
20%
9%
1%
Communication
Listening
Skill
Determindation
Luck
35%
35%
11. Rapid Prototyping: Communicating the Idea
Minimum Viable Principles for Success
Communicating the Idea
Choose the item below that is most important to you, you can
only choose one
• Does your idea save time?
• Does your idea feel good?
• Does your idea make money?
12. Rapid Prototyping: Communicating the Idea
Minimum Viable Principles for Success
Communicating the Idea
Choose the item below that is most important to you, you can
only choose one
• Does your idea save time?
• Does your idea feel good?
• Does your idea make money?
13. Rapid Prototyping: Communicating the Idea
Minimum Viable Principles for Success
Communicating the Idea
Choose the item below that is most important to you, you can
only choose one
• Does your idea save time?
• Does your idea feel good?
• Does your idea make money?
14. Rapid Prototyping: Communicating the Idea
There are Four Cs in Conversion
Communicating the Idea
You won’t always have time to do real user research or in-
depth interviews. Fortunately, everybody falls into one of
“The Four Cs,” all you need to do is give them what they need.
The Four Cs are:
• Confused people
• Curious people
• Convinced people
• Continuing people
Your goal is to move each “C” from “Confused” to
“Continuing.”
15. Rapid Prototyping: Communicating the Idea
There are Four Cs in Conversion
Communicating the Idea
You won’t always have time to do real user research or in-
depth interviews. Fortunately, everybody falls into one of
“The Four Cs,” all you need to do is give them what they need.
The Four Cs are:
• Confused people
• Curious people
• Convinced people
• Continuing people
Your goal is to move each “C” from “Confused” to
“Continuing.”
16. Rapid Prototyping: Communicating the Idea
Why… How… What
Communicating the Idea
“People don’t buy what you do, they buy why you do it.”
- Simon Sinek
• Why did you build/make your idea?
• Why does your idea deserve to exist?
• Why does your idea feel feel good?
• How does your idea save time?
• How does your idea make money?
• How can I learn more about your idea?
• What do you need for your idea to succeed?
• What’s in it for me?
• What are you going to do next?
17. Rapid Prototyping: Rapid Prototyping:
The Business Plan
Communicating the Idea
Nobody invests in a business plan. Investors need a business plan
as a document that communicates ideas and information, but
they invest in a company, in a product, and in people.
• Executive Summary: Write this last. It’s just a page or two of
highlights
• Company Description: Legal establishment, history, start-up
plans, etc.
• Product or Service: Describe what you’re selling. Focus on
customer benefits
• Market Analysis: You need to know your market, customer
needs, where they are, how to reach them, etc.
• Strategy and Implementation: Be specific. Include
management responsibilities with dates and budgets. Make
sure you can track results
• Management Team: Describe the organization and the key
management team members.
• Financial Analysis: Make sure to include at the very least your
projected Profit and Loss and Cash Flow tables
18. Rapid Prototyping: Rapid Prototyping:
The Pitch
Communicating the Idea
Everybody on the team NEEDS to be able to effectively
communicate the vision, purpose and potential
Elevator Pitch vs Investor Pitch
• Tell the story through the problem. Problem > Solution
• Stress the benefits you provide, not the features
• Avoid broad statements
19. Rapid Prototyping: Communicating the Idea
Customer Analysis
Communicating the Idea
Who, Where, What, When
Who is the customer?
What does the customer want to buy?
When does the customer want to buy?
What price is the customer willing to pay?
20. Rapid Prototyping: Communicating the Idea
Competitor Analysis
Communicating the Idea
Who else is in the this market?
What are they doing for the customer?
Do they supply a similar substitute product or service?
21. Rapid Prototyping: Communicating the Idea
Broader Industry Analysis
Communicating the Idea
Is industry growing or shrinking?
What power do the suppliers have in the industry?
How many buyers are there?
Are there substitute products?
Are there any barriers to entry and what are they?
Are there any regulations that you would be subject to? Life
sciences, healthcare, financial industries.
23. Rapid Prototyping: Protect the Idea
Sequence
Protect the Idea
1. Capture Idea - sketch and outline
2. Non-disclosure agreement to discuss with and involve
others (best to seek counsel)
3. Incorporate/formalize business
4. Open business bank account
5. Establish and keep books
6. Register and apply trademarks
25. Rapid Prototyping: Protect the Idea
Protect the Idea - and yourself
Protection Why you need it How to get it What it provides
Sole Proprietorship
•To operate as a business
•Self-funded
•Not growing beyond yourself
•File online - no legal
documents
•Obtain licenses, permits,
zoning clearance, EIN
•No corporate tax payments
•Few formal business
requirements
•Business name
LLC
•Owners not responsible for
corporate debts & liabilities
•Pass-through taxation
•Created through state filing
•File online/mail, local offices
•Consult accountant
•Unlimited members
•Non-U.S. citizen member
•Ownership by Corps
S-Corp
•Owners not responsible for
corporate debts & liabilities
•Pass-through taxation
•Created through state filing
•File online/mail, local offices
•Consult accountant
•Perpetual existence
•Shares transferable
•Unearned income not subject
to employment taxes
27. Rapid Prototyping: Build the Idea
Start with “The Givens”
Build the Idea
• Shake what your mamma gave you
• Golden ratio
• Does it Save time? Feel Good? Make money?
• Good design is invisible
• The Grammar of Interactive Design (video, link)
• http://chsweb.me/grammar-interactive-design
• Silence
• Surprise
• Rhythm
• Subtraction
• Magic
• Serendipity
• The Principles of Beautiful Web Design (book, link)
• http://chsweb.me/principles-beautiful-webdesign
28. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
Build the Idea
a
29. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
b. 16:9 + Multi-video
Build the Idea
a
b
30. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
b. 16:9 + Multi-video
c. 16:9 + Multi-video + Multi-Sync
Build the Idea
a
b
b
31. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
b. 16:9 + Multi-video
c. 16:9 + Multi-video + Multi-Sync
Build the Idea
a
b
b
c
32. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
b. 16:9 + Multi-video
c. 16:9 + Multi-video + Multi-Sync
d. Multi-video + Multi-Sync simultaneously together
Build the Idea
a
b
b
c
d
33. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
b. 16:9 + Multi-video
c. 16:9 + Multi-video + Multi-Sync
d. Multi-video + Multi-Sync simultaneously together
Build the Idea
a
b
b
c
d
34. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
b. 16:9 + Multi-video
c. 16:9 + Multi-video + Multi-Sync
d. Multi-video + Multi-Sync simultaneously together
e. Apply InfinteTakes
Build the Idea
a
b
b
c
d
d
35. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
b. 16:9 + Multi-video
c. 16:9 + Multi-video + Multi-Sync
d. Multi-video + Multi-Sync simultaneously together
e. Apply InfinteTakes
Build the Idea
e
36. Rapid Prototyping: Build the Idea
Shake What Your Momma Gave You
• These are ‘The Givens’
• Core attributes
• Try mind mapping
• Adjectives and emotions
• If your idea got a tattoo, what would it be?
Example: Stre.am
a. 16:9 video
b. 16:9 + Multi-video
c. 16:9 + Multi-video + Multi-Sync
d. Multi-video + Multi-Sync simultaneously together
e. Apply InfinteTakes
f. Apply Core Attributes
Build the Idea
f
37. Rapid Prototyping: Build the Idea
You Don’t Need Much
Build the Idea
• Scrap paper
• Test users
• Usability test on paper
• Fast & cheap
• UI Stencils
38. Rapid Prototyping: Build the Idea
You Don’t Need Much
Build the Idea
• Scrap paper
• Test users
• Usability test on paper
• Fast & cheap
39. Rapid Prototyping: Build the Idea
You Don’t Need Much
Build the Idea
• Scrap paper
• Test users
• Usability test on paper
• Fast & cheap
40. Rapid Prototyping: Build the Idea
Keynotopia ($97)
Build the Idea
• iPad templates(landscape and portrait)
• iPhone templates
• Facebook templates
• Web 2.0 templates
• Android (Phone+Tablet) templates
• Windows Phone templates
• BlackBerry (Phone+Tablet) templates
• OS X templates
• Windows 8 & 7 templates
• User Experience templates
Demo
41. Rapid Prototyping: Build the Idea
Prototype on paper (free)
Build the Idea
• Design & sketch on paper
• Take a picture with your iPhone
• Make it interactive
• Share & test it
45. Rapid Prototyping: Launch the Idea
Sketch ($79)
Build the Idea
• Future “Adobe Killer”
• Like Illustrator + Photoshop
• Extendable with Open Source add-ons
• Quickly export assets for any resolution
• iPhone 4 standard definition
• iPhone 4s+ Retina
• Android madness (1, 1.5, 1.75, 2 and 2.5…)
Sketch 3 Features website
46. Rapid Prototyping: Launch the Idea
Test & Validate w/ UsabilityHub (free+)
Build the Idea
• Navigation Flow Test
• 5 Second Test
• Click Test
• Target Demographics (BETA)
GET 40 FREE TEST CREDITS:
http://chsweb.me/1i22wM5
Sign up with that link, then complete your profile.
47. Rapid Prototyping: Launch the Idea
Test & Validate w/ UsabilityHub (free+)
Build the Idea
• Navigation Flow Test
• 5 Second Test
• Click Test
• Target Demographics (BETA)
GET 40 FREE TEST CREDITS:
http://chsweb.me/1i22wM5
Sign up with that link, then complete your profile.
48. Rapid Prototyping: Launch the Idea
Test & Validate w/ UsabilityHub (free+)
Build the Idea
• Navigation Flow Test
• 5 Second Test
• Click Test
• Target Demographics (BETA)
30%any plan for three months
Enter “DIGSOUTH”
GET 40 FREE TEST CREDITS:
http://chsweb.me/1i22wM5
Sign up with that link, then complete your profile.
49. Rapid Prototyping: Build the Idea
Funding
Build the Idea
Debt is cheaper than equity
Maintain controlling interest in your business
Personal/owner investment
Sweat equity
Non equity financing
• Debt: credit, loan
• Rewards: crowdfunding, Kickstarter, Indiegogo
Private Placement - Friends and family capital raise
Angle investment
Venture investment
IPO
51. Rapid Prototyping: Launch the Idea
Coming Soon Pro, by SeedProd
Launch the Idea
• WordPress Plugin
• Set up in minutes
• Customize if you want
• Lots of integration options
25%
SAVE
Enter “DIG25”
$21.75
$36.75
52. Rapid Prototyping: Launch the Idea
Coming Soon Pro
Launch the Idea
• 33% referral rate
• Campaign Monitor integration for early invite contest
Invitation Requests
56. Rapid Prototyping: Launch the Idea
Buffer
Launch the Idea
• “A Smarter Way to Share”
• Free +
• Schedule posts on Twitter, Facebook, LinkedIn &
Google+ for optimal reach
• Simple Analytics & Measurement for free
• Paid accounts provide better data and more
• Get your first 1,000 users (good read)
• Family & Friends
• Betali.st
• Layervault
• Product Hunt
• Inbound Marketing
• Inbound Links / articles