1. Team name
Jason Homies
Team Members
1 Nneka Asuzu
2 Brendan Tolimieri
3 Gregory Venezia
4 Maxwell McNamara
5 Cindy Quach
6 John Waters
Meeting Time
Use this google doc to chat from the comment button on Mondays or weekends online anytime
around 10am-10pm
Meeting place: Google Docs:
Video Blog:
Name: Cindy Quach
Venture Idea: Customize Your Own Salad Restaurant
1 Prototype/Demo Deck/Customer Interaction:

2. http://www.slideshare.net/whohuh/prototype-demo-deck-customer-interaction-15130938
2 Business Model Canvas:
● Customer Segments: College students that want a healthy meal alternative that allows them to
take their food on the go. Also includes faculty and staff on college campuses.
● Value Propositions: Deliver delicious and healthy meal to busy students.
● Channels: Distribute through a restaurant in Arizona State University memorial union.
● Customer Relationships: There will be a face book page for our restaurant as well as marketing in
the form of flyers and word of mouth. Feedback can be collected by customers through our face
book page and review websites.
● Revenue streams: The customer pays a range of $6.50-$7.50 for a salad.
● Key Resources: We need to have good working staff and reliable supply chain of fresh
ingredients.
● Key activities: The restaurant offers customers the ability to create their own salad by choosing
their own ingredients and filling up a predetermined bowl size with their choices. Or a customer
can order a pre-made recipe and have the thinking done for them with the option of still
customizing that order.
● Key partnerships: A main partnership will be with ingredient suppliers and with Arizona State
University to rent out the space for the restaurant.
● Cost structure: The main costs are costs for ingredients, utilities and rent for the business, labor
costs and marketing costs.
3 Lessons Learned: I learned that I could receive better customer relationship feedback if I gained
feedback from strangers and was able to reach more of them. I could’ve potentially gained better
feedback if I posted an overview of my venture and some questions to answer on a business
venture forum. This would allow me to gain advice from experts who could be potential
customers and/or have enough experience to put me in the right direction if I needed it. Although
a consequence to this would be that no one would respond to my forum post.
Name: Maxwell McNamara
Venture Idea:

3. 1 Prototype:
2 Business Model Canvas:
3 Customer Interaction:
4 Demo Deck:
5 Lessons Learned

4. Name: Nneka Asuzu
Venture Idea
A portable personal safe that can be tethered to chairs, benches, trees or other bulky
objects, so that it will be hard to move objects
1. Prototype and Demo Deck link
2.Business Model Canvas
Customer Segments: People that love to travel, swim, and keep their valuable items safe
Value Propositions: keeps valuable items safe
Channels: We will distribute it on the web by mail or stores
Customer Relationships: We will have a social media page so that people can know about our
product/service. We will include a guarantee if the product gets broken into and this all depends
on the data gathered as far as risk goes and cost of having a guarantee.
Revenue streams: The customers will pay $150 for the product, they will need to upgrade at a
fee of $75 to get the GPS device
Key Resources: We need to get the safe and tether working, then the alarm, then a separate plug
in gps device. We will need to build a website and social media pages.
Key activities: We are a company that provides a portable personal safe that can be tethered to
chairs, benches, trees or other bulky/hard to move objects. It is waterproof with a built in alarm
system and gps tracking capabilities. Perfect for when you are at the beach and want to enjoy a
swim and don’t want to worry about your personal belongings being lost or stolen
Key partnerships: We can try to partner with local rental companies so they can rent our
products at beaches and put in pre-orders.
Cost structure: We will pay for manufacturing the products from the safe to the alarm system to
the gps tracking device and putting the products all together. We will also have to pay for the
packaging costs, marketing costs.
3. Customer Interaction

5. I took a survey of 5 people (small amount of people based on the time limit) which cost me $5 for
printing, and from the people that I spoke to, they seem excited about this product, so this suggests
that potentially there might be a market need for this product and consumers might want this
device. I asked them how much would they be willing to pay for it on the survey? They said a
maximum of $30, I was surprised with their price expectancy, because a product like this, with an
inbuilt alarm system and a GPS, would cost more than $30
5.Lessons Learned
I learned that price is a huge factor to put into consideration because for a new
product entering into the market, some customers are skeptical about the cost, even if it
solves a problem for them, they want to make sure that the product has quality and
what to hear good feedback from current customers who have used the product.
Team Assignment (based on Venture Lab):
For this assignment (and each of the four milestones in the project), you must:
1) Fulfill all requirements of the assignment, as stated in Venture Lab
2) Complete and submit at least one business model canvas (to demonstrate growth
and progress as you refine)
3) Each team member must speak with at least 2 potential customers
4) Create and submit a five-minute video blog post, reflecting on the lessons learned by
your team this week
Due November 14:
Identifying the market opportunity / Low-fidelity Prototype due / testing your value
proposition with customers:
http://venture-lab.org/venture/exercises/20 (log into Venture Lab first before opening)

6. Team minutes
Present
1 Cindy Quach
2 Maxwell McNamara
3 Nneka Asuzu
Absent
● Where we met
We met on google doc on Sunday(November 11) at 3-4pm
Contributions
Max McNamara
● Discussed with Nneka and Cindy about the game plan for the assignment
● Formatted document
● Worked on individual venture for team assignment
Cindy Quach
● Worked on individual venture for team assignment
● Created 5-minute video blog post
Nneka Asuzu
● Worked on individual venture for team assignment
● Organized the document
Input your name to create video blog post
November 14th:Cindy
November 21:Nneka Asuzu
November 28:John Waters
December 5: Greg Venezia
December 12:
*Max already created a video, so he won’t do this.....
Final Project:
For each of the five milestones in the project, you must:
1) Fulfill all requirements of the assignment, as stated in Venture Lab
2) Complete and submit a business model canvas (to demonstrate growth and progress as you
refine)

7. 3) Each team member must speak with at least 2 potential customers
4) Create and submit a five-minute video blog post, reflecting on the lessons learned by your
team this week
Due November 14:
Identifying the market opportunity / Low-fidelity Prototype due / testing your value proposition
with customers:
http://venture-lab.org/venture/exercises/20
Due November 21:
Opportunity Analysis Project (OAP)
http://venture-lab.org/venture/exercises/21
(note: The OAP reflection video is the same as your team’s video blog -- you do not need 2
separate videos here)
Due November 28:
Marketing page, tests / Higher fidelity Prototype due
http://venture-lab.org/venture/exercises/22
Due December 5:
First draft - Opportunity execution project:
http://venture-lab.org/venture/exercises/23
Due December 12:
Final version - Opportunity execution project:
http://venture-lab.org/venture/exercises/23