#MACE16: 1st Dragons’ Den Presentation

Pitching our business idea to a panel of professional judges was nerve-racking. This might be due to the fact our product was still at the prototype stage. Nevertheless, the presentation was also an opportunity to test our business idea and gather as much feedback as possible.

Furthermore, our prototype product (chopstick trainer) accurately demonstrates the key features and functionality of the final product.

The team main objective is to let the judges quickly understand what we do and be excited about it with a well thought out presentation.

George Uka
Getting ready for our presentation, rehearsing for the last time

George Uka
George Uka with his team members pitching our business proposition to a judging panel mix of successful entrepreneurs, and venture capitalists.

Our product strategy from start has always been creating a product which is “simple”.

We took our time in class to work on the product value preposition. Its was imperative we clearly communicates the benefits of our product to a potential end users.  As  Chris Guillebeau once said in the $100 Startup, “a business ultimately succeeds because of the value it provides its end users, customers, or clients.”

During our presentation we were able to:

  • Describes the problems solved by our product.
  • We explain the benefits the end users will derived from our product.
  • Lastly, we categorically spell out how our product differs from the competition.

 

 

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Published by George Uka

George Uka is a leading senior consultant in SAP® eRP Materials Management (MM) software configuration, and implementation. Shortly before leaving the shores of Nigeria, he led the successful installation & implementation of a multi-million dollarl LAN networking and Fourth-Shift/SAP eRP-software project for National Fertilizer Company of Nigeria (NAFCON) Onne, Rivers State. He has years of consulting experience working with world-class brands including Accenture, BP, Cadbury, and Barclays. He has also volutered for the development charity ActionAid UK, where he campaigned for structural changes to alleviate poverty and hunger around the world, most especially in Africa.

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