#MVPDEMODAY |
Venue |
kLab |
Date |
August 18th, 2015 |
Time |
2 p.m. (3 hours) |
MVP DEMO days are the Perfect opportunity to get feedback for your wonderful product; entrepreneurs get an opportunity to present their startups to a diverse audience of mentors, advisors, and fellow entrepreneurs. This event is for entrepreneurs to find out whether they have an idea for a business that could be the "next big thing" Presenters prepare a 10min live demo of their product and engage in 10min of feedback and questioning from the audience.
Format of the demo: Focus on addressing the 5Ps:
Pain. What problems are you solving? What needs are you trying to meet?
Premise. What is the basic premise of your business?
People. Who are company’s staff, target audience. For whom do you supply your products or services? Who is your target market?
Proof. Why are you the company to turn to? What makes you better than others? What USP do you offer?
Purpose. Why does your company exist? If you’re talking to prospects and customers, they will want to understand why you are in business.