Tips I shared on designing products with entrepreneurs at Pear Garage @ Stanford.
Full article:
https://medium.com/@ugurkaner/how-to-design-products-an-entrepreneur-s-guide-57d99a34e4d3
Pear Garage @ Stanford:
https://www.pear.vc/dorm/stanford/
19. The Competition
Do you have competition?
Is it good news or bad news?
How well do you know your competitors?
Who’s your closest competitor?
Why are you better?
20. Very competitive market
Frequent use, cumbersome interface
Mostly social accountability
1:1 accountability programs are expensive
24. Meet Jack, he’s 32 y/o, works in a bank in New
York. He likes Nike, Starbucks, watches Netflix,
listens to podcasts on his way to office.
Jack gained 20 lbs in the past year due intensive
work. He tried My Fitness Pal, Weight Watchers.
Despite eating less food and working w/ a
personal trainer at gym, he hasn’t been able to
achieve his weight goals.
49. Everyone who signed up, lost weight
Male users lost 2lbs - 4lbs within first 2 weeks
Female users lost 1lbs-2lbs within first 2 weeks
Every user maintained the weight they lost
9.2 NPS score