Insufficient Project: 3 points

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What’s Your Big Idea?

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The University of North Carolina at Chapel Hill

What’s Your Big Idea?

129 notes

Whether your interest lies in solving the world’s biggest problems, creating the next commercial success or addressing something closer to home, this course will give you a toolbox to vet your ideas and test them in the real world.

À partir de la leçon

Peer Assessment (Optional)

Create a pitch for your Big Idea, then give and receive feedback.

Very Good Project: 18 pts5:42

Good Project: 13 points3:34

Insufficient Project: 3 points6:02

Rencontrer les enseignants

Professor Buck Goldstein
University Entrepreneur in Residence and Professor of the Practice
Economics
Dr. Holden Thorp, PhD
Provost and Professor of Chemistry and Medicine
Chemistry

Here's an example of a presentation that does not meet our minimum standards.

Afterwards we'll explain why.

[BLANK_AUDIO]

Okay, so I want to tell you about my big idea.

Okay, so I really think that students in

college can do a better job of getting internships

in start-ups, and I think that start-ups can

do a better job of recruiting students from universities.

But my idea is that I can connect them at

a fair, all of them in one place at one time

to make sure that they connect.

But I'm going to show you some slides about this in just a second.

So I'm going to tell you more about my big idea.

My big idea, by Lizzy Hazeltine.

[SOUND]

So, as I see it there is a problem, because

start-ups don't start looking early enough, and students don't want to wait.

And basically that's, that's an issue that needs to be fixed.

So I think if I can get people in the same place, they can

figure out if they want to work together.

So I'm going to pull it off in a couple of diff, oh, oop, sorry, sorry.

So, my strategy is just to be the best.

I'm confident that I'll be able to outrun

my competition for the entirety of my venture.

I've done this for a long time and I've just got the ability to handle this.

I'm not going to show my idea to anybody.

I'm going to spend six months in development and

I'm going to follow the phrase keep it secret, keep it safe

because honestly, I don't trust anybody else with my big idea.

My platform's superior once I get it built, so I know that

I'm only going to attract the best

students, because the best attracts the best.

I'm not going to pre-screen them because I really think

that all stu, university students actually want internships in startups.

And that all of them are capable of adding something immediately.

So because I've been advising students for years

I know their problems much better than they do.

Now so I'm going to need some stuff to get this off the ground.

Mostly I just need money.

Honestly money is just where it's at for me.

I'm going to need $500,000 to get it off the ground and most of

that money is going to go to an ace web developer I'm going to hire.

I'm going to have him or her work for hire, and

then just plan to monkey with it on the back-end myself.

I don't have a degree in Computer Science, but it'll be okay.

And,

I'm not going to recruit a team, because I

don't want to have to spend money on paying people.

And again, as I talked about earlier, I'm,

I'm confident that I can handle this all myself.

As for how I'm going to make it work, I haven't totally figured that out yet.

But, I know that students don't have extra

money to spend, and that start-ups don't either.

So I'm going to have to give my service away to prove

that people will use it.

Yeah, and so this, this fair is going to be

paired with this big website that I'm going to build.

So, I hope that makes sense.

Okay, so thanks for watching my presentation.

Just remember, this is definitely not something you

want to emulate when you're working on your projects.

So this presentation isn't sufficient. We'll go through our reasoning for why.

To begin with, the look and feel

do not help communicate the pitch's overall message.

The animations are distracting, the little sounds on

transitions do not help you understand what the presenter

is trying to get across and the big slurp

of coffee at the beginning is also clearly distracting.

Typos on the slides

hurt understanding and the style

diminishes the presentation's overall credibility.

One point on that one the problem is not explained.

It's only superficially identified and certainly not in a way that anyone outside

this profession would understand, though it does appear to be an actual problem.

One point on that element.

The solution is explained at a superficial level.

Again, no evidence of customer interaction here, and it's not clear that

this solution actually solves the problem as it's been identified.

Next, the strategy includes confusing and

conflicting references to both a website and

an in-person internship fair without a clear explanation of how the two relate.

There's no differentiation of the solution,

and no sustainable strategy laid out.

Again, we see lots of aspirations, without clear support.

Resources list exclusively financial resources,

neglecting human elements.

There is more money built into this ask

than is needed for a minimally viable product.

And again there is no evidence of team to back up the founder's weaknesses.

So, no points for strategy, no points for resources.

And overall, this presentation does not meet our minimum standards.

[BLANK_AUDIO]

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