Lean Startup Machine NYC: Part 2 - My Experience

Day 1

Everyone met at the Alley NYCa coworking space in Times Square, Friday evening over pizza and conversation.  Soon after, people who brought product ideas had 50 seconds each to pitch to everyone in the room.  After the pitches, everyone had 3 votes and the top 10-15 ideas were chosen – people then formed teams.  I didn’t get an exact count, but I estimate that there were 12-14 teams in total.

I decided to join a team working on a product to create a program for 4th year undergrad students entering the professional workforce to join a recognized and visible industry rotational program.

Immediately we began to explore the idea by subjecting it to the Validation Board.  We first identified our customer hypothesis (4th year undergrads) and problem hypothesis (students are ill-prepared to find the right job fit).  We recorded our assumptions, chose which assumption we believed to be the riskiest and then our team agreed upon validation criteria for our assumption.  As it was late in the evening, we decided to save the in-person interviews for Saturday but sent out a survey, leveraging twitter (#college).

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