Q&A with CareBand and SwapBeat: Do not know winning idea?
Q&A with CareBand and SwapBeat: What makes a winning idea?
Startup Weekend Bloomington gave teams 54 hours to produce a startup that might affect the world.
Claudia Maria
A couple of the three winning ideas were led by IU and Kelley School of economic students. The first place winner, CareBand, is really a wearable wandering management solution for people with dementia. The next place winner, SwapBeat, is really a social commerce platform to buy and then sell instrumental music between producers and recording artists.
CareBand and SwapBeat have shifted for the Regional a record of the Global Startup Battle, and voting will determine which two ideas in the US Central/East region will move on to the global competition.
Claudia Michelle Maria
Voting ends tonight.
CareBand's Adam Sobol and SwapBeat's Christopher Williams sat right down to answer a few pre-determined questions about how exactly ideas are born, and just what makes a winning idea.
young entrepreneur
You'd 54 hours to produce a product/service on your own. What were your steps?
CareBand: Last year at Startup Weekend, I pitched CareBand but there was clearly limited interest. Within the last year, I continued to work around the idea, gained information through networking with professionals, and filed for a patent. With my continued persistence, I used to be fortunate to possess a a feeling of the prospective market, the intended product, as well as the specific technology allowing the merchandise to work. With this particular knowledge, the main focus throughout Startup Weekend was on the business aspects. We considered the important thing components of taking a product at its prototype stage to market. This included gaining knowledge in lots of avenues including manufacturing, marketing, sales, operations, and distribution. We really enjoyed the suggestions and feedback from Kelley faculty yet others who acted as mentors throughout the weekend. Using the information we already had, along with our newfound business knowledge, we had been in a position to create a comprehensive pitch.
SwapBeat: We began using the lean startup model how the Startup Weekend leaders recommended. Employing this model we were able to articulate our goals for your weekend that will create the required process to achieve success. With this vision at heart then we divided up tasks that ideal each members expertise. Responsibilities included creating surveys for customer feedback, developing a online strategy, and designing the particular SwapBeat website.
What inspired your ideas? Why instrumentals?
CareBand: The thought was sparked throughout a discussion with my pops, an interior medicine doctor having a specialty in geriatrics. We were watching the neighborhood nightly news, which highlighted an older woman who had gone missing due to Alzheimers (a kind of dementia). I had been intrigued about how this may occur. My pops explained the sickness and its characteristics of causing wandering behavior. He explained that dementia is really a slow regression inside the cognitive ability of your person, which is not preventable, curable or easily slowed. After some additional research, I discovered which more than 35 million people in the entire world have problems with dementia. Also that greater than Sixty percent of these individuals will wander throughout their time using the illness. I knew there must be a remedy. With my technical skills and creative thinking, I dreamt up CareBand for people who have wandering tendencies to remain safe living in their properties.
SwapBeat: I am a music producer and recording artist by trade. I realized that there had not been authoritative industry for the exchange of instrumental music. The existing transactional method is inefficient, requiring artists to use several websites to conduct a single exchange. This realization birthed SwapBeat.
How did your team get together?
CareBand: After pitching the concept at the beginning of Startup Weekend 2013, many participants came over to discuss the idea. I used to be thrilled to have provoked more interest. When teams were being formed, I had been in a position to choose assets for that team. I needed in mind the specific abilities the team needed and was capable of piece together a solid team.
SwapBeat: It had been honestly very random. At Startup Weekend i was in a position to elect to collaborate with whomever we would have liked; it simply must be an idea we felt passionate towards. This worked within our favor because everyone on the team shares a love of music and it has some sort of record companies knowledge. We have been lucky it worked out so well.
What are your teams strengths?
CareBand: I firmly think that people are not interested in what you do. Folks are thinking about why you get it done. Individuals helping using the project understand the reasons for the roll-out of we now have. They share my vision in seeing how this innovative product has potential to profit the many people suffering from dementia. They realizes that this creation allows caretakers of these with dementia to get satisfaction. This alignment in ideology can be a true driving force within the success of CareBand.
SwapBeat: The SwapBeat team thoroughly represents the phrase cohesive. The skills we each possess are vastly different but complement each other. They include everything from coding to marketing to structuring your small business plan. What sets SwapBeat apart, though, is the passion each member has towards the project. For us it doesnt even look like work.
Do not know wise decision?
CareBand: Ideas are not developed overnight; they take hours of thinking and discussion. Someone once explained to approach ideas by figuring out why is the thought bad. It took me a very long time to appreciate this advice. I've realized, though, that entrepreneurial minded individuals are constantly discovering new ideas, and they often believe that each idea they are offered on top of is a great one. However, it's whenever you contemplate an idea during their visit and analyze it from various angles that you simply truly understand automobile idea will probably be worth pursuing.
SwapBeat: It is preferable the one that gets to be a reality. Many people discuss ideas they've but dont actually take steps to produce the merchandise or service. This isn't the case with SwapBeat. We set goals, we've weekly meetings, and that we get stuff done. Nobody see failure being an option at this point.
How come people support yours?
CareBand: CareBand aims to improve safety and independence for all those struggling with dementia. It is an innovative tool to help caretakers in monitoring wandering behavior. There's been infinite effort on this project and it will continue before the idea can become a reality. So many people are ailing using this difficult disease. CareBand comes with an possibility to minimize the associated challenges.
SwapBeat: We now have received a massive amount of positive feedback. Artists and producers alike have told us this would be a marketplace they'll use frequently. Finances lots of support, and then for that we're grateful. You want to display to the world how efficient SwapBeat is likely to make the internet transaction of instrumentals.
That will you prefer? CareBand, the wearable wandering management solution if you have dementia, or SwapBeat, the social commerce platform for music producers and recording artists?
Startup Weekend Bloomington gave teams 54 hours to produce a startup that might affect the world.
Claudia Maria
A couple of the three winning ideas were led by IU and Kelley School of economic students. The first place winner, CareBand, is really a wearable wandering management solution for people with dementia. The next place winner, SwapBeat, is really a social commerce platform to buy and then sell instrumental music between producers and recording artists.
CareBand and SwapBeat have shifted for the Regional a record of the Global Startup Battle, and voting will determine which two ideas in the US Central/East region will move on to the global competition.
Claudia Michelle Maria
Voting ends tonight.
CareBand's Adam Sobol and SwapBeat's Christopher Williams sat right down to answer a few pre-determined questions about how exactly ideas are born, and just what makes a winning idea.
young entrepreneur
You'd 54 hours to produce a product/service on your own. What were your steps?
CareBand: Last year at Startup Weekend, I pitched CareBand but there was clearly limited interest. Within the last year, I continued to work around the idea, gained information through networking with professionals, and filed for a patent. With my continued persistence, I used to be fortunate to possess a a feeling of the prospective market, the intended product, as well as the specific technology allowing the merchandise to work. With this particular knowledge, the main focus throughout Startup Weekend was on the business aspects. We considered the important thing components of taking a product at its prototype stage to market. This included gaining knowledge in lots of avenues including manufacturing, marketing, sales, operations, and distribution. We really enjoyed the suggestions and feedback from Kelley faculty yet others who acted as mentors throughout the weekend. Using the information we already had, along with our newfound business knowledge, we had been in a position to create a comprehensive pitch.
SwapBeat: We began using the lean startup model how the Startup Weekend leaders recommended. Employing this model we were able to articulate our goals for your weekend that will create the required process to achieve success. With this vision at heart then we divided up tasks that ideal each members expertise. Responsibilities included creating surveys for customer feedback, developing a online strategy, and designing the particular SwapBeat website.
What inspired your ideas? Why instrumentals?
CareBand: The thought was sparked throughout a discussion with my pops, an interior medicine doctor having a specialty in geriatrics. We were watching the neighborhood nightly news, which highlighted an older woman who had gone missing due to Alzheimers (a kind of dementia). I had been intrigued about how this may occur. My pops explained the sickness and its characteristics of causing wandering behavior. He explained that dementia is really a slow regression inside the cognitive ability of your person, which is not preventable, curable or easily slowed. After some additional research, I discovered which more than 35 million people in the entire world have problems with dementia. Also that greater than Sixty percent of these individuals will wander throughout their time using the illness. I knew there must be a remedy. With my technical skills and creative thinking, I dreamt up CareBand for people who have wandering tendencies to remain safe living in their properties.
SwapBeat: I am a music producer and recording artist by trade. I realized that there had not been authoritative industry for the exchange of instrumental music. The existing transactional method is inefficient, requiring artists to use several websites to conduct a single exchange. This realization birthed SwapBeat.
How did your team get together?
CareBand: After pitching the concept at the beginning of Startup Weekend 2013, many participants came over to discuss the idea. I used to be thrilled to have provoked more interest. When teams were being formed, I had been in a position to choose assets for that team. I needed in mind the specific abilities the team needed and was capable of piece together a solid team.
SwapBeat: It had been honestly very random. At Startup Weekend i was in a position to elect to collaborate with whomever we would have liked; it simply must be an idea we felt passionate towards. This worked within our favor because everyone on the team shares a love of music and it has some sort of record companies knowledge. We have been lucky it worked out so well.
What are your teams strengths?
CareBand: I firmly think that people are not interested in what you do. Folks are thinking about why you get it done. Individuals helping using the project understand the reasons for the roll-out of we now have. They share my vision in seeing how this innovative product has potential to profit the many people suffering from dementia. They realizes that this creation allows caretakers of these with dementia to get satisfaction. This alignment in ideology can be a true driving force within the success of CareBand.
SwapBeat: The SwapBeat team thoroughly represents the phrase cohesive. The skills we each possess are vastly different but complement each other. They include everything from coding to marketing to structuring your small business plan. What sets SwapBeat apart, though, is the passion each member has towards the project. For us it doesnt even look like work.
Do not know wise decision?
CareBand: Ideas are not developed overnight; they take hours of thinking and discussion. Someone once explained to approach ideas by figuring out why is the thought bad. It took me a very long time to appreciate this advice. I've realized, though, that entrepreneurial minded individuals are constantly discovering new ideas, and they often believe that each idea they are offered on top of is a great one. However, it's whenever you contemplate an idea during their visit and analyze it from various angles that you simply truly understand automobile idea will probably be worth pursuing.
SwapBeat: It is preferable the one that gets to be a reality. Many people discuss ideas they've but dont actually take steps to produce the merchandise or service. This isn't the case with SwapBeat. We set goals, we've weekly meetings, and that we get stuff done. Nobody see failure being an option at this point.
How come people support yours?
CareBand: CareBand aims to improve safety and independence for all those struggling with dementia. It is an innovative tool to help caretakers in monitoring wandering behavior. There's been infinite effort on this project and it will continue before the idea can become a reality. So many people are ailing using this difficult disease. CareBand comes with an possibility to minimize the associated challenges.
SwapBeat: We now have received a massive amount of positive feedback. Artists and producers alike have told us this would be a marketplace they'll use frequently. Finances lots of support, and then for that we're grateful. You want to display to the world how efficient SwapBeat is likely to make the internet transaction of instrumentals.
That will you prefer? CareBand, the wearable wandering management solution if you have dementia, or SwapBeat, the social commerce platform for music producers and recording artists?