Startup Dictionary – Pitching

Giving a pitch means telling about your company or idea in a short, captivating way that gets the potential investors interested in your thing. A good pitch includes explaining why your business is going to succeed. It’s also important to talk about the market size and how are you going to make the money. It’s all about making your business idea attractive for investors.

Other good aspects of a promising pitch is telling about the strengths of your team, and of course the numbers. What do you need, or, how much and what for?








Behind the Scenes of Startup Weekend Oulu – Anastasia

Anastasia Shiverskikh – Finance and Sponsors

I want to create a portable sun for the long Finnish winters.”

I am passionate about music and love seeing artists perform live.

The secret favorite song of mine is Never Gonna Give You Up by Rick Astley, but don’t tell anyone.

The best about Oulu is that it has everything one would need for comfortable living. You get nature, opportunities for professional development, fun events to attend and nice places to go out.

I had a special experience related to Startup Weekend when I participated it about a year ago and the first day of the event was on my birthday.

Top secret business idea of mine is to create a portable sun for the long Finnish winters.

 








Startup Dictionary – Minimum Viable Product

Launching the MVP is basically testing your hypothesis fast and cheap. The minimum viable product has just enough features to satisfy the early customers. You’ll get customer feedback fast and you’ll find out if the product is market fit. The feedback of the MVP tells you if the problem you’re solving is big enough and the solution you’re offering is good enough. And when we say viable, we mean saleable








Startup Dictionary – Validation

Validation is the phase which too many new entrepreneurs will unfortunately skip. It separates the organized innovators from the just hopeful and enthusiastic ones. Validating your business idea basically means asking questions, considering your ideas, choosing the best and discussing about it with experts and potential customers.

Validation saves time and money. Usually the most useful question is whether the potential customer is willing and capable to pay for your service or product. Ideas are cheap. You must also ask yourself if you are willing and capable to produce the service or product. The goal of the validation process is to find out if the product is viable. And always you should remember to leave the building: go out and discuss your ideas.  








Behind the Scenes of Startup Weekend Oulu – Udgum

Udgum Khadka – Marketing Team

My mindshift shifted from then. 

I love travelling and meeting new people.

A secret favorite of mine is a Salmiakki cake. Salmiakki is a salty liquorice tasting candy which Finns love.  

Favorite part about Oulu is the compact, amicable and supporting community.


The one special experience related to Startup Weekend is obviously when I participated and won the first ever Startup Weekend Oulu. My mindset shifted from then.

Top secret business idea is a business letting a person experience opposite gender’s life for some days or even weeks!