ownamericandream team12

www.OwnAmericanDream.comFractional ownership platform, Final Day (5)

Team:

Pavel Bespalko Andrey Prihodko

Denis LepekhaAshish Mehta

Andrey Kravtsov

Customers

interviewed

Customers

surveyed

Website hits

in 24h

Registered

customers

41 116 1000+ 15

Day 1

BIG IDEA - Rent-A-Thing, peer to peer general rental platform.

(Boiling the ocean, one slide at a time)

Business Canvas – Day 1

Day 1 – Valuable Feedback

Day 1

• Narrowed to b2b, construction industry rental platform

Result:

GREAT FAIL (nobody cares)

Day 1

• Narrowed to b2b, construction industry rental platform

• Great Fail (nobody cares)

Lessons learned:• Don’t boil the ocean • Narrow the scope

Big Idea – GTFO (building)

Day 2

• Day 2• BIG IDEA. Pivot – c2c, fractional ownership of

sporting goods.

• Got out of the building, spoke to customers.

• Great Fail (nobody cares)

And speak to customers

Day 3

• Day 3• BIGGER IDEA. Pivot – fractional ownership of luxury goods – cars, boats,

airplanes.

• Got out of the building, spoke to customers.

• GREAT SUCCESS (somebody cares)

• BIGGEST IDEA – American dream is a German car !

• Narrowed scope to exotic cars (Porsche, Lamborghini etc)

• Launched MVP – OwnAmericanDream.com

BUILDING

OwnAmericanDream.com is LIVE

Day 4

• Day 4• GREAT SUCCESS – 1000+ visitors, 15 sign-ups

Next Steps

• Continue to develop the revenue model

• Continue to refine cost structure

• Develop metrics that matter

• Generate additional leads

• Reach out to more channels and partners

FINALLY:GTFO building!

BIG IDEA: How to share $100K?