#startupdna

After six days of hard core training in business models (start-up DNA Course) , it was finally time to do some pitching. The panel of judges consisted of Miriam Grutt Norbby (Schibsted Media Group), Joel Eriksson (Creandum) and Alfred Ruth (Videoplaza). 

There were many great models and pitches that day. I'm really proud, since me and my group got really close to win. We received a certificate, for being runner ups in the competition. We got loads of great feedback on our idea and business model afterwards.  Our idea is good, because it is covering lots of problems that exists with in the educational sector, and that really needs to be solved. The model works as a closed eco system, with different parts of the model nurturing each other. 

If you want to know more details about it feel free to contact me, and I can tell you more. 

This week is about unleashing the entrepreneur with in us. Professor and entrepreneur Bruce M Firestone  is visiting the Digital data strategists, to hold Start up DNA, a 6-day course in business. 

After the first day of the course I am very positive! Bruce delivers a very straight forward and honest approach to starting up a business, he presented many perspectives and things to consider, both when figuring out new business models as well as re-thinking existing ones. I especially took with me the idea that, when a business does not work it is not necessarily the business or the idea that is a problem, it might as well be the model- and that by tweaking it a bit you can solve some big issues. It is also about taking risks and move out of the comfort zone, something we are used to talk a lot about at Hyper Island, if you have to make hard calls and by that risk to show your self and/or your business weak, it is always worth it if it means you can grow or even save your business. 

After the morning classes we are working in teams to come up with a new innovative business model (or re-invent an existing). There are many criteria but one is that we should find ways for it to work with out needing funding. The course will finish on saturday ( 6days ), with a pitch in front of a panel and the winning group will receive a price.