Idea lab v0.5 startup week

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IdeaLab Or, How to Generate to a Good Idea in About an Hour Shashi Jain | @skjain2

Transcript of Idea lab v0.5 startup week

Page 1: Idea lab v0.5   startup week

IdeaLabOr, How to Generate to a Good Idea in About an Hour

Shashi Jain | @skjain2

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Hi, I’m Shashi

• TiE Youth Curriculum designer, mentor, instructor• Intel IoT Innovation Manager• Organizer, Portland 3D

Printing Lab• Founder of MatterCompilers

Life Begins Where your Comfort Zone Ends. -NEALE DONALD WALSCH

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IdeaLab Workshop Timeline• (:05) Overview / TYE Oregon• (:10) Practice / Ice Breaker• (:35) Develop Ideas

• (:10) Idea Expansion – Generate lots of ideas• (:10) Idea Contraction – Mine the best concepts• (:15) Teamwork: Develop a 1 minute pitch

• (10) Present

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What is a Viable Idea?• An Idea in which you’d invest your time and money.

• Evidence of Product-Market fit• Customers with a big problem to solve• Product that eases customers’ pain

• The right product for the right customer at the right time.

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LEAN

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So what happens if you’re stuck?

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IDEALABHow we kickstart TYE Oregon

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“The best way to have a great idea is to generate lots of ideas.”

Linus PaulingFather of Molecular Biology

Nobel Peace Prize and Nobel Prize in Chemistry

Born in Portland, OR | OSU Graduate

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Create one great idea in one hour in 4 simple steps.WHY ARE WE HERE?

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And the Four Steps Are…• Choose Limits (Goal, Theme, Time)• Create a Lot of Ideas• Multiply those Ideas• Optimize for Practicality

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Ice Breaker – Practice Generating Ideas• Create a lot of ideas

• Quantity Matters

• Think Horizontally, Vertically, Laterally, Humorously, Seriously, Practically…

• Suspend Judgment

• Challenge Status Quo

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Let’s Get Crackin’• Goal: MINIMUM of 25 different uses

• Theme: A daily object (you’ll see)

• Time: 5 minutes

• Prize 1 – Most Ideas (quantity matters!)

• Prize 2 – Most Unique Idea (quality matters!)

Pair of SOCKS

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Ready for IdeaLab?• Step 1: Generate Ideas (:05)

• Write 1-2 word concepts formed around the charter statement

• Step 2: Multiply Ideas (:05)• Create more concepts based on the charter statement

• Step 3: Create Customer Concepts (:10)• Use keywords to create several product or service concepts

• Step 4: Develop & Pitch Your Concept (:15)• Form small groups and develop 1 min pitch

Ideas

Ideas

concepts

pitch

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Draw this on three sheets of paper

This is your Idea Canvas

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Charter Statement

Ultimate 3D Printing

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Step 1a: Generate Ideas•Write 1-4 word concepts related to the charter.•One concept per sticky note.•Don’t constrain yourself•Quantity! (best:60)

Instant, Custom

Food

Charter Statement: Ultimate 3D Printing

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Step 1b: Generate Ideas

•Choose 4 sticky notes at random• Place them in the corners of the idea canvas•Do this for THREE idea canvases

Charter Statement: Ultimate 3D Printing

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Step 2a: Multiply Ideas

• Pass your sheets of paper to someone else• I’ll tell you how• Your goal: End up with

none of your own pages

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Step 2b: Multiply Ideas

• Write 1-2 word concepts below each sticky, in each corner.• These should be

inspired by all the words on the page.• Spend ~1 minute per

corner.

Charter Statement: Ultimate 3D Printing

mobileiPhoneAndroid

Regenerative

Implantmedical

Portable

MutantBio

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Step 2c: Spread Your Ideas

• Pass your sheets of paper to someone else• I’ll tell you how• Your goal: End up with

none of your own pages

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Step 3: Create Customer Concepts• Write one-sentence

product concepts in the center diamond. • Use the charter statement

and the words written on the page.• It’s ok if you can’t use

them all.• Repeat for all your idea

canvases.

iPhone 10 is a 3D Printed, implant with tattoo controls.

Charter Statement: Ultimate 3D Printing

mobileiPhoneAndroid

Implantmedical

tattooart

mehndi

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Step 4a: Create a Pitch

• Divide into small teams• Discuss the concepts in the

center diamond of your idea canvases

• Pick one concept you’d like to work on

• Feel free to add/combine your ideas!

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Step 4b: Create a 1min Pitch

• Who are you?• What is the problem you

solve?• What is your product or

service?• Who is your customer?• What is your story?

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Present1 MIN PITCH

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Three Takeaways

Set Clear Charter & Goals

Combine Ideas, Shamelessly

Create Urgency

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Shashi Jain | @skjain2

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Backup

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Takeaways1. Set a Goal- Just enough to get to the next step

2. Combine your ideas! Innovation is a team sport

3. Time Limit Creates Sense of Urgency

4. Ideas are easy to generate. Execution is everything.

5. TYE is 10x more fun than this!

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Basics

• Set a Goal, Theme, Time Limit

• Expansion + Mixing / Contraction / Honing phases

• Concepts -> Ideas -> Practicality

• Output: Pithy, Practical Presentation

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How Again?

1. Set Goal2. Choose a Direction / Theme3. Set a Time Limit