1. “Adding value to the mundane of life where achievements are a catalyst to success!” Matthew Ostil & Mehria Karimzadah
2. Sweet Spot the unmet need Lack the platform to share and maintain a portfolio of life achievements + Are not rewarded for even the small parts of life = Thus lack motivation and insight on how or what to achieve
7. Opportunity Exploit the successes of rewarding achievements in the gaming industry Xbox Achievement Playstation 3 Achievement “And even Xbox Achievements … Its huge and people are insane about it!” Jesse Schell, Carnegie Mellon University
16. Marketing & Sales Viral Marketing Strategy Initial Launch: Invite Only Users will share their profiles with friends API’s Embedded API help blend with already established social websites PS3 API for Facebook
17. Project Lead Chief of Operations Web Developer Web Designer Product Manager Sales Manager Financial Director Intern / Co-op Students
18. Financial Initial Investment $200,000 Major Milestones 2011 July : Launch beta December : 100,000 Unique Hits January - April : Advertising Campaign 1,000,000 uniques/month December : Revenue $310,000 January : Hiring of Staff December : Revenue $663,000 2012 2013
19. Accolade Financials Year 1 Milestones: 5 Month Development ends in June Revenue beings in August with premium users $127,000 in Revenues
20. Accolade Financials Year 2 Milestones: Move into an office Amount of premium users rises $274,857 in Revenues
21. Accolade Financials Year 3 Milestones: All areas of paid services increase Introduction of wage expenses $641,000 in Revenues