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Monday, 12 July 2010

News on July 12th

Aha! Today is monday and a first working day in the 2nd week of Summerofstartups. It seems nothing mentioned in the calendar until last week.

But just moment I was infirmed that Mr.Olli nuortila would visited in Garage. He promised to have a consultant conversation with each team in the summerofstartups program.

There are two core issues existing in the conversation
"how do you manage the startups of a business entity?"
"how do you design your business strategy?"

Both of the issues are good guiders for anyone who just startup the business. If you need get a successful startup, you need: 1) start with good people, (keywords,agreement): friends or business partners.

But a good friend do not means a good business partner. Business partner is defined by the relationship existing which is a highly contractual, exclusive bond in which both entities commit not to ally with third parties. The definition will cover the issues like decision, organization, legal, and so on.

2) make something customers actually want (keywords, customer): It is a necessary investigate the market, defining the customer groups. By the analysis, the appropriated business strategy would be developed. And the business model could be chosen correctly.

3) spend as little money as possible (keyword, finance): productivity is the exciting word for any business manager. So it is the best way to document each business activities and focus on your financial report carefully.

On July 12th, 8th working day and 1st boardcasting day

Hello!

This is the first voice of M.D.A team's boardcasting!

M.D.A team is from the project of Aalto Service Campu. On June 2nd 2010, the trio of the previous team decided to join the competition of summerofstartups in AaltoES. Couple of guys modified the previous idea targeted to the requirements of competition. Finally, they captured the opportunity in the pitching competition on June 24th 2010.

Since July 1st, a new girl began to join the M.D.A team to inject the new vitality into the team.

The blogger will publish the aspects and process of the project. Let's record all of life in the summer, AaltoES Woo!

M.D.A team focus on:

- Focus on a personal health project by offering an Mobile Diet analyser
- Facilitate the project in a mobile platform to offer a quick,flexible and automatic service
- Incorporate a future technology into the service to enhance the competitive power