Introductions

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Introductions

  1. 1. BankboxChicago Lean Startup Challenge | 5 July 2012
  2. 2. We’re honored to be a partof the Chicago Lean Startup Challenge BANKBOX | CHICAGO LEAN STARTUP CHALLENGE | 2
  3. 3. BankBox will make it easier for friends to dothings together.Our hope is to build a platform for people tomove their money in the context of the groupsthat they belong to. Be it for starting a band orplanning a bachelor party.Right now, we think BankBox might be theinternet version of the joint bank account.Without all of the red tape. Or the fees.
  4. 4. we don’t know what ourproduct might look like in10 weeks.Please consider this a draft that will evolve as we grow. BANKBOX | CHICAGO LEAN STARTUP CHALLENGE | 4
  5. 5. here’s our plan to learnmore than 117 other teams.Getting to MVP Building the Business// Creative, qualitative research to get to // Analyze the viability of the business fromknow the space and find problem-solution the startfit // Validate risks in the model via// Quantitative research to drill down (think experiments to validate behavior +landing pages + A/B testing) researching the partner landscape.// Throughout the challenge we wantto develop low-fi prototypes to use ininterviews BANKBOX | CHICAGO LEAN STARTUP CHALLENGE | 5
  6. 6. We’re going to do researchthroughout, but here areour milestones Breakeven Analysis Early Market Sizing Partner + Channel Strategies Week 10 Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9Mentors in Place 10 Key Features List Sketches + Wireframes Clickable PDF App BANKBOX | CHICAGO LEAN STARTUP CHALLENGE | 6
  7. 7. We are not waiting around. BANKBOX | CHICAGO LEAN STARTUP CHALLENGE | 7
  8. 8. BANKBOX | CHICAGO LEAN STARTUP CHALLENGE | 8
  9. 9. thank you! @harrislevine @naterock101Chicago Lean Startup Challenge | 5 July 2012

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