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One Dollar Board
Claudio Olmedo
Lucas Rocha
Imri Sofer
Interviews since last class: 5 + 55(experiment)
Interviews to date: 65 + 55
ONE DOLLAR BOARD - ROBOX™ (Day 1)
Maker teachers
Young
Usually math or
science teachers
Parents and
students
Tech enthusiasts
Schools and
districts
Private and public
schools
“Help me
teach/learn coding
in a practical,
meaningful and
financially
accessible way”
Bundling
Users can build their
1st robot in few
minutes while coding
curriculum and
platform are also
provided
Price
Kits and components
are much cheaper
compared to other
competitors
Website
Maker teachers,
parents and students
Sales Force
Schools and districts
Get
PR; online mkt
Maker activism
Keep
Learning platform
and curriculum
Grow
New projects and
components
Asset Sales
$ 9.90 – Basic Kit
$ 14.90 – Starter Kit
$ 19.90 – Advanced Kit
Post Sales
- New components
(sensors, wifi cards,
gears, batteries – over
600 components)
Open Hardware
Community
Development
Mission driven
Sponsors
Marketing exposure
Mission driven
Manufacturers
Supply Chain
Financial interest
Production
Manufacturing,
import and assembly
Platform
Curriculum,
development,
support and sales
Intellectual
- Process for
manufacturing
- Robox patent and
trademark
Human
- Open hardware and
maker network
Variable costs with
economies of scale
- Manufacturing components
- Import and taxes
Investment needed
- Online curriculum and
learning platform
development
- Team
Volunteers
Mission driven
Key Insigths and Learnings
Hypotheses Experiments Pass/Fail Condition Results
It is easier to introtuce
students to CS using physical
computing (tinkering) than
digital coding
Ask teachers who have
experienced both formats and
read articles/researches
Pass: there are no evidences or there
are evidences that tinkering is as good
or better to teach CS than other
methods
Fail: there are evidences in the other
direction
PASS
If given the chance, teachers
would prefer to teach CS in
small groups or even
individually
Run workshops and ask
teachers who are already using
eletronics and robotic kits in
classrooms
Pass: teachers prefer to run activities
with maximum 2 students
Fail: teachers prefer to run activities
with 3 students or more
PASS
Teachers would allow
students to take their
Roboxes home, to show
their parents
As teachers during interviews
if they believe that’s plausible
Pass: teachers think it is a good idea
to let kids take their kits home
Fail: teachers would rather maintain
the kits inside the lab/school
PASS
Something between $10 and
20 is a good pricing point for
the Robox kit
Try this price range during
interviews
Pass: if people ask how they can order
the product
Fail: if there is few or no spontaneous
interest in buying the kit
FAIL
(customers
valued product
above suggested
price)
ROBOX™ Canvas Model (Day 3)
Maker Teachers
Young (< 35 yo)
Usually CS, Math or
Science
Students from 7-12th
grades
Parents
Tech enthusiasts
Parents of children
between 12 and 18 yo
Schools
Private and public
schools / school
districts
Internet connectivity
7-12th grades
Help me teach coding
and engage my
students in a way that
I feel comfortable:
- Tinkering
- Customizable
- Low cost
Help me raise smart
and well succeeded
children
- Used without my
supervision
- Customizable
Help me include CS in
my curriculum
- Low or no professional
development
- Low cost equipment
- Effective in Learning
Results
Website
Online sales
Sales Force
Direct sales
Open Hardware
Community
Development
Mission driven
Manufacturers
Supply Chain
Financial interest
Production
Manufacturing, import
and assembly
Intellectual
- Process for
manufacturing
- Robox patent and
trademark
Human
- Engineers,
designers, CS teachers
Variable costs with
economies of scale
- Manufacturing components
- Import and taxes
Investment needed
- Online curriculum and
learning platform
development
- Team
Asset Sales
$ 9.90 – Basic Kit
$ 14.90 – Starter Kit
$ 19.90 – Advanced Kit
$ 0.90 – 59.90 – New
components and kits
Asset Sales
Prices negotiated
based on volumes
Advertisers
Tech companies,
foundations and social
responsability areas
interested in innovation
and IO
Help raise awareness
around my brand and
foment IOT among
students
- Public segmentation
Sponsorhips
Prices negotiated
based on volumes
Get - PR; online mkt;
network; online 3rd party
learning platforms
Keep – Learning
platform and curriculum
Grow – new projects
and components
Get - PR; workshops;
hackatons
Keep – data on usage
and impact
Grow – new products;
events and trainings
Platform
Curriculum,
development, support
and sales
Indirect
Partner stores
Stores
Eletronics? Toys?
Distribution channel
Financial Interest
Value proposition
Customer
Segment
Job to be done Pains and Gains Value Proposition
Teachers
“Help me teach coding
and engage my
students in a way that I
feel comfortable”
Customizable
Drawable boxes with stickers
included; set of mechanic
componentes; programable
Low Cost
Paper boxes; small number of
components; one dollar board
Connection to real world
and narratives
Physical computing with the
possibility to use materials beside
eletronic componentes and creation
of several characters
Easy to use
Step by step instructions with video
examples for the 2 first classes;
Project suggestions for continued
curriculum
Name: Alexandre
Age: 42 years old
Roles: user, influencer,
recommender and buyer
Subject: informatics teacher
Background: math teacher
Schools: 1 public and 1 private
school
Grade level: 6th to 9th grades
Teaching experience: 12 years
Value proposition
Customer
Segment
Job to be done Pains and Gains Value Proposition
Parents
“Help me raise smart
and well succeeded
children”
Customizable
Drawable boxes with stickers included; set
of mechanic components
Low Cost
Paper boxes; small number of components;
one dollar board
Safe
Eletronic safeguards; low voltage and bigger
connectors
Used by
themselves
Project guides for children to follow, with
videos featuring teenagers (Youtube style)
Name: Ana and Humberto
Age: 35 and 32 years old
Children: 2 girls, 9 and 12
years old
Roles: buyers or saboteurs
Background: business
administration and psichology
Family year income: ~ $
24.000 to 48.000
Technology behavior: likes
new gadgets but ask for kids
help to install and use
Educational Kits
(Flexible projects)
Educational Kits
(Pre-defined projects)
STEM Toys
Maker Kits
Petal Diagram
$12.99
Basic Tiny
Monster Kit
$5.99 $5.99$5.99$5.99
Tiny Monster
Expansion Kit
Roku
Tiny Monster
Expansion Kit
Nuggi
Tiny Monster
Expansion Kit
Verta
Tiny Monster
Expansion Kit
Divek
$39.99
Multi-X kit Arachnid E-bot
$19.99$19.99
Spend $40 Experiment
Get / Keep / Grow
Education (teachers)
Parents
Online Marketing
Maker Network
Learning platforms
Free or subsidized
distribution
DIY Youtube Channels
Online Curriculum
Projects repository
Customer support
Step by step activities
New components
and kits
New versions
DIY Box design
DIY Schematics
ROBOX™ Canvas Model (Day 5)
Maker Teachers
Usually CS, Math or
Science
Students from 7-12th
grades
Parents
Tech enthusiasts
Parents of children
between 12 and 18 yo
Schools
Private and public
schools / school
districts
Internet connectivity
7-12th grades
Help me teach coding
and engage my
students in a way that
I feel comfortable:
- Tinkering
- Customizable
- Low cost
Help me raise smart
and well succeeded
children
- Used without my
supervision
- Customizable
Help me include CS in
my curriculum
- Low or no professional
development
- Low cost equipment
- Effective in Learning
Results
Direct sales
Website
Sales Force
Direct sales
Open Hardware
Community
Development
Mission driven
Manufacturers
Supply Chain
Financial interest
Operations
Manufacturing, import,
assembly and
distribution
Intellectual
- Process for
manufacturing
- Robox patent and
trademark
Human
- Engineers, sales,
designers, curriculum
experts and marketing
Variable costs with
economies of scale
- Manufacturing components
- Import and taxes
- Distribution
Investment needed
- Online curriculum and
learning platform
development
- Team
Asset Sales
- Basic Kit - subsidized
prices by foundations,
corporate partners or
investors
- Expansion packs sales
Asset Sales
Prices negotiated
based on volumes
Get - online mkt;
network; online 3rd party
learning platforms;
Keep – Learning
platform and curriculum
Grow – new projects
and components
Get - workshops;
sponsored donations
Keep – data on usage
and impact
Grow – new products;
events and trainings
Platform
Curriculum,
development, support
and sales
Indirect
Partner stores
Stores
Electronics & Toys
Distribution channel
Financial Interest
Asset Sales
- Basic Kits
- Expansion packs
Investors
Financial Interest
Mission driven
MVP
Robox Kit (One Dollar
Board + paper box +
components + stickers +
curriculum)
Next Steps
• Customer Discovery & Validation
• Parents value proposition
• Pricing point
• Channels
• Operations
• Assemble and import process in US
• Resellers research
• Investment
Support Material
Columbia B7739-002:
Advanced Entrepreneurship
ONE DOLLAR BOARD - ROBOX™
TEAM MEMBERS Claudio Olmedo Lucas Rocha
Degree program and
Department/Major
Practical Experience Computer Engineer
Provide your LinkedIn public profile
URL
https://www.linkedin.com/in/claud
io-centromaker
https://www.linkedin.com/in/lucas-
rocha-82642829
Are you the subject matter expert
(SME) for this team?
Yes No
Pick a role you think you most likely
will play on this team (Hustler,
Hacker, Designer or Product Picker)
Visionary and Hacker Hustler
Anything interesting we should
know about you (be brief)
Entrepreneur, open hardware
activist, and father of two
princesses
Leads the education technology
area at Lemann Foundation, in
Brazil
ONE DOLLAR BOARD - ROBOX™ (Day 1)
Maker teachers
Young
Usually math or
science teachers
Parents and
students
Tech enthusiasts
Schools and
districts
Private and public
schools
“Help me
teach/learn coding
in a practical,
meaningful and
financially
accessible way”
Bundling
Users can build their
1st robot in few
minutes while coding
curriculum and
platform are also
provided
Price
Kits and components
are much cheaper
compared to other
competitors
Website
Maker teachers,
parents and students
Sales Force
Schools and districts
Get
PR; online mkt
Maker activism
Keep
Learning platform
and curriculum
Grow
New projects and
components
Asset Sales
$ 9.90 – Basic Kit
$ 14.90 – Starter Kit
$ 19.90 – Advanced Kit
Post Sales
- New components
(sensors, wifi cards,
gears, batteries – over
600 components)
Open Hardware
Community
Development
Mission driven
Sponsors
Marketing exposure
Mission driven
Manufacturers
Supply Chain
Financial interest
Production
Manufacturing,
import and assembly
Platform
Curriculum,
development,
support and sales
Intellectual
- Process for
manufacturing
- Robox patent and
trademark
Human
- Open hardware and
maker network
Variable costs with
economies of scale
- Manufacturing components
- Import and taxes
Investment needed
- Online curriculum and
learning platform
development
- Team
Volunteers
Mission driven
ONE DOLLAR BOARD - ROBOX™ (Day 2)
Teachers
Young (< 35 yo)
Usually CS, Math or
Science
Students from 7-12th
grades
Parents
Tech enthusiasts
Parents of children
between 12 and 18 yo
Schools
Private and public
schools
Internet connectivity
7-12th grades
Help me teach coding
in the best way
possible
- Tinkering
- Customizable
- Low cost
Help me raise smart
and well succeeded
children
- Used without my
supervision
- Customizable
Help me include CS in
my curriculum
- Low or no professional
development
- Low cost equipment
- Effective in Learning
Results
Website
Online sales
Sales Force
Direct sales
Open Hardware
Community
Development
Mission driven
Manufacturers
Supply Chain
Financial interest
Production
Manufacturing, import
and assembly
Intellectual
- Process for
manufacturing
- Robox patent and
trademark
Human
- Engineers,
designers, CS teachers
Variable costs with
economies of scale
- Manufacturing components
- Import and taxes
Investment needed
- Online curriculum and
learning platform
development
- Team
Asset Sales
$ 9.90 – Basic Kit
$ 14.90 – Starter Kit
$ 19.90 – Advanced Kit
$ 0.90 – 59.90 – New
components and kits
Asset Sales
Prices negotiated
based on volumes
Advertisers
Tech companies,
foundations and social
responsability areas
interested in innovation
and IO
Help raise awareness
around my brand and
foment IOT among
students
- Public segmentation
Sponsorhips
Prices negotiated
based on volumes
Get - PR; online mkt;
Maker activism
Keep – Learning
platform and curriculum
Grow – new projects
and components
Get - PR; workshops;
hackatons
Keep – data on usage
and impact
Grow – new products;
events and trainings
Platform
Curriculum,
development, support
and sales
ROBOX™ Canvas Model (Day 3)
Maker Teachers
Young (< 35 yo)
Usually CS, Math or
Science
Students from 7-12th
grades
Parents
Tech enthusiasts
Parents of children
between 12 and 18 yo
Schools
Private and public
schools / school
districts
Internet connectivity
7-12th grades
Help me teach coding
and engage my
students in a way that
I feel comfortable:
- Tinkering
- Customizable
- Low cost
Help me raise smart
and well succeeded
children
- Used without my
supervision
- Customizable
Help me include CS in
my curriculum
- Low or no professional
development
- Low cost equipment
- Effective in Learning
Results
Website
Online sales
Sales Force
Direct sales
Open Hardware
Community
Development
Mission driven
Manufacturers
Supply Chain
Financial interest
Production
Manufacturing, import
and assembly
Intellectual
- Process for
manufacturing
- Robox patent and
trademark
Human
- Engineers,
designers, CS teachers
Variable costs with
economies of scale
- Manufacturing components
- Import and taxes
Investment needed
- Online curriculum and
learning platform
development
- Team
Asset Sales
$ 9.90 – Basic Kit
$ 14.90 – Starter Kit
$ 19.90 – Advanced Kit
$ 0.90 – 59.90 – New
components and kits
Asset Sales
Prices negotiated
based on volumes
Advertisers
Tech companies,
foundations and social
responsability areas
interested in innovation
and IO
Help raise awareness
around my brand and
foment IOT among
students
- Public segmentation
Sponsorhips
Prices negotiated
based on volumes
Get - PR; online mkt;
network; online 3rd party
learning platforms
Keep – Learning
platform and curriculum
Grow – new projects
and components
Get - PR; workshops;
hackatons
Keep – data on usage
and impact
Grow – new products;
events and trainings
Platform
Curriculum,
development, support
and sales
Indirect
Partner stores
Stores
Eletronics? Toys?
Distribution channel
Financial Interest
ROBOX™ Canvas Model (Day 4)
Maker Teachers
Usually CS, Math or
Science
Students from 7-12th
grades
Parents
Tech enthusiasts
Parents of children
between 12 and 18 yo
Schools
Private and public
schools / school
districts
Internet connectivity
7-12th grades
Help me teach coding
and engage my
students in a way that
I feel comfortable:
- Tinkering
- Customizable
- Low cost
Help me raise smart
and well succeeded
children
- Used without my
supervision
- Customizable
Help me include CS in
my curriculum
- Low or no professional
development
- Low cost equipment
- Effective in Learning
Results
Platform
Online Sales
Sales Force
Direct sales
Open Hardware
Community
Development
Mission driven
Manufacturers
Supply Chain
Financial interest
Production
Manufacturing, import
and assembly
Intellectual
- Process for
manufacturing
- Robox patent and
trademark
Human
- Engineers,
designers, CS teachers
Variable costs with
economies of scale
- Manufacturing components
- Import and taxes
Investment needed
- Online curriculum and
learning platform
development
- Team
Asset Sales
$ 9.90 Basic Kit - subsidized
$ 14.90 – Starter Kit
$ 19.90 – Advanced Kit
$ 0.90 – 59.90 – New
components and kits
Asset Sales
Prices negotiated
based on volumes
Get - PR; online mkt;
network; online 3rd party
learning platforms
Keep – Learning
platform and curriculum
Grow – new projects
and components
Get - PR; workshops;
hackatons
Keep – data on usage
and impact
Grow – new products;
events and trainings
Platform
Curriculum,
development, support
and sales
Indirect
Partner stores
Stores
Electronics & Toys
Distribution channel
Financial Interest
Asset Sales
Expansion packs
ROBOX™ Canvas Model (Day 5)
Maker Teachers
Usually CS, Math or
Science
Students from 7-12th
grades
Parents
Tech enthusiasts
Parents of children
between 12 and 18 yo
Schools
Private and public
schools / school
districts
Internet connectivity
7-12th grades
Help me teach coding
and engage my
students in a way that
I feel comfortable:
- Tinkering
- Customizable
- Low cost
Help me raise smart
and well succeeded
children
- Used without my
supervision
- Customizable
Help me include CS in
my curriculum
- Low or no professional
development
- Low cost equipment
- Effective in Learning
Results
Direct sales
Website
Sales Force
Direct sales
Open Hardware
Community
Development
Mission driven
Manufacturers
Supply Chain
Financial interest
Operations
Manufacturing, import,
assembly and
distribution
Intellectual
- Process for
manufacturing
- Robox patent and
trademark
Human
- Engineers, sales,
designers, curriculum
experts and marketing
Variable costs with
economies of scale
- Manufacturing components
- Import and taxes
- Distribution
Investment needed
- Online curriculum and
learning platform
development
- Team
Asset Sales
- Basic Kit - subsidized
prices by foundations,
corporate partners or
investors
- Expansion packs sales
Asset Sales
Prices negotiated
based on volumes
Get - online mkt;
network; online 3rd party
learning platforms;
Keep – Learning
platform and curriculum
Grow – new projects
and components
Get - workshops;
sponsored donations
Keep – data on usage
and impact
Grow – new products;
events and trainings
Platform
Curriculum,
development, support
and sales
Indirect
Partner stores
Stores
Electronics & Toys
Distribution channel
Financial Interest
Asset Sales
- Basic Kits
- Expansion packs
Investors
Financial Interest
Mission driven
MVP
Robox Kit (One Dollar
Board + paper box +
components + stickers +
curriculum)
Customer Segments
Teachers Parents
Principal
Pedagogical
Director
Secretary of
education
Influence connections
Purchases
Customer Segments
Maker Teachers
Name: Alexandre
Age: 42 years old
Roles: user, influencer,
recommender and buyer
Subject: informatics teacher
Background: math teacher
Schools: 1 public and 1 private
school
Grade level: 6th to 9th grades
Teaching experience: 12 years
“Help me teach coding and engage my students
in a way that I feel comfortable”
Customer Segments
School Principal
Name: Marcia
Age: 38 years old
Roles: influencer, recommender
or buyer
Subject: (former) primary
teacher
Background: pedagogy
Schools: 1 public school
Grade level: 1st to 5th grades
Teaching experience: 18 years
“Help my teachers provide a good learning
experience and maintain students disciplined”
Customer Segments
Pedagogical director
Name: Julia
Age: 41 years old
Roles: influencer or
recommender
Job: Pedagogical director
Background: psicology with
especialization in pedagogy
Teaching experience: 20 years
“Help me provide good professional
development to teachers and choose the right
pedagogical materials to teach the curriculum”
Customer Segments
Secretary of municipal education
Name: Roberto
Age: 52 years old
Roles: buyer
Background: history teacher, former
principal and politically appointed as
secretary
Teaching experience: 20 years
Administration experience: almost
none
“Help me increase education KPIs and maintain
the budget under control”
Customer Segments
Tech savvy parents
Name: Ana and Humberto
Age: 35 and 32 years old
Children: 2 girls, 9 and 12 years old
Roles: buyers or saboteurs
Background: business
administration and psichology
Family year income: R$ 48.000,00
Technology behavior: likes new
gadgets but ask for kids help to install
and use
“Help me raise smart and well succeeded
children”
Value proposition
Customer
Segment
Job to be done
Pains and
Gains
Value Proposition
Teachers
“Help me teach coding
and engage my students
in a way that I feel
comfortable”
Customizable
Drawable boxes with
stickers included; set of
mechanic components
Low Cost
Paper boxes; small number
of components; one dollar
board
Connection to
real world
Physical computing with
the possibility to use
materials beside eletronic
components
Easy to use
Step by step instructions
with video examples for
the 2 first classes; Project
suggestions for continued
curriculum
Value proposition
Customer
Segment
Job to be done
Pains and
Gains
Value Proposition
Parents
“Help me raise smart and
well succeeded children”
Customizable
Drawable boxes with
stickers included; set of
mechanic components
Low Cost
Paper boxes; small number
of components; one dollar
board
Safe
Eletronic safeguards; low
voltage and bigger
connectors
Used by
themselves
Project guides for children
to follow, with videos
featuring teenagers
(Youtube style)
Value proposition
Customer
Segment
Job to be done
Pains and
Gains
Value Proposition
Pedagogical
directors
“Help me provide good
professional development
to teachers and choose
the right pedagogical
materials to teach the
curriculum”
Low or no
professional
development
required
Follow blockly or other
known programming
language by teachers
Curriculum
aligned to
standards
Suggest activities
connected to the national
standarts
Good learning
outcomes
Collect and provide
evidences on the gains of
CS education so
influencers can convince
buyers
Educational Kits
(Flexible projects)
Educational Kits
(Pre-defined projects)
STEM Toys
Maker Kits
Petal Diagram
Market Size
TAM: 1.35 Bi students in
secondary and high school around
the world by UNESCO in 2014
SAM: 91,4 M students in chosen
countries (Brazil, USA, Germany, UK
and Spain) with internet connectivity*
TARGET: 9 Million students
(innovators and early adopters
consist in 16% of the SAM. So,
consider we could get to a tipping
point by reaching 60% of the
innovators and early adopters)
* Source: http://www.internetlivestats.com/internet-users-by-country/
Estimated life cycle value: $ 50.00
$ 67.5 Bi
$ 4.5 Bi
$ 0.45 Bi
Type of Business
Type of Market: Resegmented Market
Customers:
• Teachers and parents of students between 7 and 12th grades
• Schools and Universities
• Tech-companies, foundations and social responsability areas interested in
innovation and IOT
Competitors: LEGO Mindstorms, Robota, Atos Educacional, Arduíno, Makey
Makey, Littlebits, and several others
Risks: not being able to fulfill customer needs and offer clear differentiation from
competitors; business model relies on established manufacturing process in
China; sponsors might not be interested in this kind of media;
$12.99
Basic Tiny
Monster Kit
$5.99 $5.99$5.99$5.99
Tiny Monster
Expansion Kit
Roku
Tiny Monster
Expansion Kit
Nuggi
Tiny Monster
Expansion Kit
Verta
Tiny Monster
Expansion Kit
Divek
$39.99
Multi-X kit Arachnid E-bot
$19.99$19.99
Spend $40 Experiment
 Segment our market to Education & Private
 Sell/Deliver basic Robox kits to educational institutions 
capture young audience, create brand awareness.
 Create a basic content/designs on our platform (each design
will include parts, some will be basic, some will be premium)
 Create an open-platform environment (drag and drop editor)
for people to design new Roboxes. The plans will include a list
of parts.
 Consider a Youtube model were the designers get a part of
the revenue (maybe design it using channels)
Get / Keep / Grow
Hypotheses
Hypotheses Experiments Pass/Fail Condition Results
It is easier to introtuce
students to CS using physical
computing (tinkering) than
digital coding
Ask teachers who have
experienced both formats and
read articles/researches
Pass: there are no evidences or there
are evidences that tinkering is as good
or better to teach CS than other
methods
Fail: there are evidences in the other
direction
PASS
If given the chance, teachers
would prefer to teach CS in
small groups or even
individually
Run workshops and ask
teachers who are already using
eletronics and robotic kits in
classrooms
Pass: teachers prefer to run activities
with maximum 2 students
Fail: teachers prefer to run activities
with 3 students or more
PASS
Teachers would allow
students to take their
Roboxes home, to show
their parents
As teachers during interviews
if they believe that’s plausible
Pass: teachers think it is a good idea
to let kids take their kits home
Fail: teachers would rather maintain
the kits inside the lab/school
PASS
Something between $10 and
20 is a good pricing point for
the Robox kit
Try this price range during
interviews
Pass: if people ask how they can order
the product
Fail: if there is few or no spontaneous
interest in buying the kit
FAIL
Companies and foundations
are interested in advertising
/ sponsoring on the back of
the board
Try this idea with potential
customers
Pass: if people ask how they can do
that lot of boards
Fail: if there is few or no spontaneous
interest in advertising / sponsoring
the kit
NOT TESTED
Hypotheses
Hypotheses Experiments Pass/Fail Condition Results
People would buy the kits
directly from Robox website
Ask where people expect to
buy this product
Pass: they answer they would look
after our website
Fail: they suggest other channels
PASS
Upon interacting with our
basic product, users would
be willing to download more
designs (and buy more,
better parts)
Spend $40 experiment –
Provide participants with a
budget of $40 and an
inventory of high-end, medium
range, and basic product on
which they can buy more
parts.
Pass: Strong indication that people
are willing to buy the basic product +
expansions
Fail: Strong indication that people are
willing to buy the premium product ||
people are not willing to buy the basic
product + expansions
PASS

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onedollarboard columbia

  • 1. One Dollar Board Claudio Olmedo Lucas Rocha Imri Sofer Interviews since last class: 5 + 55(experiment) Interviews to date: 65 + 55
  • 2. ONE DOLLAR BOARD - ROBOX™ (Day 1) Maker teachers Young Usually math or science teachers Parents and students Tech enthusiasts Schools and districts Private and public schools “Help me teach/learn coding in a practical, meaningful and financially accessible way” Bundling Users can build their 1st robot in few minutes while coding curriculum and platform are also provided Price Kits and components are much cheaper compared to other competitors Website Maker teachers, parents and students Sales Force Schools and districts Get PR; online mkt Maker activism Keep Learning platform and curriculum Grow New projects and components Asset Sales $ 9.90 – Basic Kit $ 14.90 – Starter Kit $ 19.90 – Advanced Kit Post Sales - New components (sensors, wifi cards, gears, batteries – over 600 components) Open Hardware Community Development Mission driven Sponsors Marketing exposure Mission driven Manufacturers Supply Chain Financial interest Production Manufacturing, import and assembly Platform Curriculum, development, support and sales Intellectual - Process for manufacturing - Robox patent and trademark Human - Open hardware and maker network Variable costs with economies of scale - Manufacturing components - Import and taxes Investment needed - Online curriculum and learning platform development - Team Volunteers Mission driven
  • 3. Key Insigths and Learnings Hypotheses Experiments Pass/Fail Condition Results It is easier to introtuce students to CS using physical computing (tinkering) than digital coding Ask teachers who have experienced both formats and read articles/researches Pass: there are no evidences or there are evidences that tinkering is as good or better to teach CS than other methods Fail: there are evidences in the other direction PASS If given the chance, teachers would prefer to teach CS in small groups or even individually Run workshops and ask teachers who are already using eletronics and robotic kits in classrooms Pass: teachers prefer to run activities with maximum 2 students Fail: teachers prefer to run activities with 3 students or more PASS Teachers would allow students to take their Roboxes home, to show their parents As teachers during interviews if they believe that’s plausible Pass: teachers think it is a good idea to let kids take their kits home Fail: teachers would rather maintain the kits inside the lab/school PASS Something between $10 and 20 is a good pricing point for the Robox kit Try this price range during interviews Pass: if people ask how they can order the product Fail: if there is few or no spontaneous interest in buying the kit FAIL (customers valued product above suggested price)
  • 4. ROBOX™ Canvas Model (Day 3) Maker Teachers Young (< 35 yo) Usually CS, Math or Science Students from 7-12th grades Parents Tech enthusiasts Parents of children between 12 and 18 yo Schools Private and public schools / school districts Internet connectivity 7-12th grades Help me teach coding and engage my students in a way that I feel comfortable: - Tinkering - Customizable - Low cost Help me raise smart and well succeeded children - Used without my supervision - Customizable Help me include CS in my curriculum - Low or no professional development - Low cost equipment - Effective in Learning Results Website Online sales Sales Force Direct sales Open Hardware Community Development Mission driven Manufacturers Supply Chain Financial interest Production Manufacturing, import and assembly Intellectual - Process for manufacturing - Robox patent and trademark Human - Engineers, designers, CS teachers Variable costs with economies of scale - Manufacturing components - Import and taxes Investment needed - Online curriculum and learning platform development - Team Asset Sales $ 9.90 – Basic Kit $ 14.90 – Starter Kit $ 19.90 – Advanced Kit $ 0.90 – 59.90 – New components and kits Asset Sales Prices negotiated based on volumes Advertisers Tech companies, foundations and social responsability areas interested in innovation and IO Help raise awareness around my brand and foment IOT among students - Public segmentation Sponsorhips Prices negotiated based on volumes Get - PR; online mkt; network; online 3rd party learning platforms Keep – Learning platform and curriculum Grow – new projects and components Get - PR; workshops; hackatons Keep – data on usage and impact Grow – new products; events and trainings Platform Curriculum, development, support and sales Indirect Partner stores Stores Eletronics? Toys? Distribution channel Financial Interest
  • 5. Value proposition Customer Segment Job to be done Pains and Gains Value Proposition Teachers “Help me teach coding and engage my students in a way that I feel comfortable” Customizable Drawable boxes with stickers included; set of mechanic componentes; programable Low Cost Paper boxes; small number of components; one dollar board Connection to real world and narratives Physical computing with the possibility to use materials beside eletronic componentes and creation of several characters Easy to use Step by step instructions with video examples for the 2 first classes; Project suggestions for continued curriculum Name: Alexandre Age: 42 years old Roles: user, influencer, recommender and buyer Subject: informatics teacher Background: math teacher Schools: 1 public and 1 private school Grade level: 6th to 9th grades Teaching experience: 12 years
  • 6. Value proposition Customer Segment Job to be done Pains and Gains Value Proposition Parents “Help me raise smart and well succeeded children” Customizable Drawable boxes with stickers included; set of mechanic components Low Cost Paper boxes; small number of components; one dollar board Safe Eletronic safeguards; low voltage and bigger connectors Used by themselves Project guides for children to follow, with videos featuring teenagers (Youtube style) Name: Ana and Humberto Age: 35 and 32 years old Children: 2 girls, 9 and 12 years old Roles: buyers or saboteurs Background: business administration and psichology Family year income: ~ $ 24.000 to 48.000 Technology behavior: likes new gadgets but ask for kids help to install and use
  • 7. Educational Kits (Flexible projects) Educational Kits (Pre-defined projects) STEM Toys Maker Kits Petal Diagram
  • 8. $12.99 Basic Tiny Monster Kit $5.99 $5.99$5.99$5.99 Tiny Monster Expansion Kit Roku Tiny Monster Expansion Kit Nuggi Tiny Monster Expansion Kit Verta Tiny Monster Expansion Kit Divek $39.99 Multi-X kit Arachnid E-bot $19.99$19.99 Spend $40 Experiment
  • 9. Get / Keep / Grow Education (teachers) Parents Online Marketing Maker Network Learning platforms Free or subsidized distribution DIY Youtube Channels Online Curriculum Projects repository Customer support Step by step activities New components and kits New versions DIY Box design DIY Schematics
  • 10. ROBOX™ Canvas Model (Day 5) Maker Teachers Usually CS, Math or Science Students from 7-12th grades Parents Tech enthusiasts Parents of children between 12 and 18 yo Schools Private and public schools / school districts Internet connectivity 7-12th grades Help me teach coding and engage my students in a way that I feel comfortable: - Tinkering - Customizable - Low cost Help me raise smart and well succeeded children - Used without my supervision - Customizable Help me include CS in my curriculum - Low or no professional development - Low cost equipment - Effective in Learning Results Direct sales Website Sales Force Direct sales Open Hardware Community Development Mission driven Manufacturers Supply Chain Financial interest Operations Manufacturing, import, assembly and distribution Intellectual - Process for manufacturing - Robox patent and trademark Human - Engineers, sales, designers, curriculum experts and marketing Variable costs with economies of scale - Manufacturing components - Import and taxes - Distribution Investment needed - Online curriculum and learning platform development - Team Asset Sales - Basic Kit - subsidized prices by foundations, corporate partners or investors - Expansion packs sales Asset Sales Prices negotiated based on volumes Get - online mkt; network; online 3rd party learning platforms; Keep – Learning platform and curriculum Grow – new projects and components Get - workshops; sponsored donations Keep – data on usage and impact Grow – new products; events and trainings Platform Curriculum, development, support and sales Indirect Partner stores Stores Electronics & Toys Distribution channel Financial Interest Asset Sales - Basic Kits - Expansion packs Investors Financial Interest Mission driven MVP Robox Kit (One Dollar Board + paper box + components + stickers + curriculum)
  • 11. Next Steps • Customer Discovery & Validation • Parents value proposition • Pricing point • Channels • Operations • Assemble and import process in US • Resellers research • Investment
  • 13. Columbia B7739-002: Advanced Entrepreneurship ONE DOLLAR BOARD - ROBOX™ TEAM MEMBERS Claudio Olmedo Lucas Rocha Degree program and Department/Major Practical Experience Computer Engineer Provide your LinkedIn public profile URL https://www.linkedin.com/in/claud io-centromaker https://www.linkedin.com/in/lucas- rocha-82642829 Are you the subject matter expert (SME) for this team? Yes No Pick a role you think you most likely will play on this team (Hustler, Hacker, Designer or Product Picker) Visionary and Hacker Hustler Anything interesting we should know about you (be brief) Entrepreneur, open hardware activist, and father of two princesses Leads the education technology area at Lemann Foundation, in Brazil
  • 14. ONE DOLLAR BOARD - ROBOX™ (Day 1) Maker teachers Young Usually math or science teachers Parents and students Tech enthusiasts Schools and districts Private and public schools “Help me teach/learn coding in a practical, meaningful and financially accessible way” Bundling Users can build their 1st robot in few minutes while coding curriculum and platform are also provided Price Kits and components are much cheaper compared to other competitors Website Maker teachers, parents and students Sales Force Schools and districts Get PR; online mkt Maker activism Keep Learning platform and curriculum Grow New projects and components Asset Sales $ 9.90 – Basic Kit $ 14.90 – Starter Kit $ 19.90 – Advanced Kit Post Sales - New components (sensors, wifi cards, gears, batteries – over 600 components) Open Hardware Community Development Mission driven Sponsors Marketing exposure Mission driven Manufacturers Supply Chain Financial interest Production Manufacturing, import and assembly Platform Curriculum, development, support and sales Intellectual - Process for manufacturing - Robox patent and trademark Human - Open hardware and maker network Variable costs with economies of scale - Manufacturing components - Import and taxes Investment needed - Online curriculum and learning platform development - Team Volunteers Mission driven
  • 15. ONE DOLLAR BOARD - ROBOX™ (Day 2) Teachers Young (< 35 yo) Usually CS, Math or Science Students from 7-12th grades Parents Tech enthusiasts Parents of children between 12 and 18 yo Schools Private and public schools Internet connectivity 7-12th grades Help me teach coding in the best way possible - Tinkering - Customizable - Low cost Help me raise smart and well succeeded children - Used without my supervision - Customizable Help me include CS in my curriculum - Low or no professional development - Low cost equipment - Effective in Learning Results Website Online sales Sales Force Direct sales Open Hardware Community Development Mission driven Manufacturers Supply Chain Financial interest Production Manufacturing, import and assembly Intellectual - Process for manufacturing - Robox patent and trademark Human - Engineers, designers, CS teachers Variable costs with economies of scale - Manufacturing components - Import and taxes Investment needed - Online curriculum and learning platform development - Team Asset Sales $ 9.90 – Basic Kit $ 14.90 – Starter Kit $ 19.90 – Advanced Kit $ 0.90 – 59.90 – New components and kits Asset Sales Prices negotiated based on volumes Advertisers Tech companies, foundations and social responsability areas interested in innovation and IO Help raise awareness around my brand and foment IOT among students - Public segmentation Sponsorhips Prices negotiated based on volumes Get - PR; online mkt; Maker activism Keep – Learning platform and curriculum Grow – new projects and components Get - PR; workshops; hackatons Keep – data on usage and impact Grow – new products; events and trainings Platform Curriculum, development, support and sales
  • 16. ROBOX™ Canvas Model (Day 3) Maker Teachers Young (< 35 yo) Usually CS, Math or Science Students from 7-12th grades Parents Tech enthusiasts Parents of children between 12 and 18 yo Schools Private and public schools / school districts Internet connectivity 7-12th grades Help me teach coding and engage my students in a way that I feel comfortable: - Tinkering - Customizable - Low cost Help me raise smart and well succeeded children - Used without my supervision - Customizable Help me include CS in my curriculum - Low or no professional development - Low cost equipment - Effective in Learning Results Website Online sales Sales Force Direct sales Open Hardware Community Development Mission driven Manufacturers Supply Chain Financial interest Production Manufacturing, import and assembly Intellectual - Process for manufacturing - Robox patent and trademark Human - Engineers, designers, CS teachers Variable costs with economies of scale - Manufacturing components - Import and taxes Investment needed - Online curriculum and learning platform development - Team Asset Sales $ 9.90 – Basic Kit $ 14.90 – Starter Kit $ 19.90 – Advanced Kit $ 0.90 – 59.90 – New components and kits Asset Sales Prices negotiated based on volumes Advertisers Tech companies, foundations and social responsability areas interested in innovation and IO Help raise awareness around my brand and foment IOT among students - Public segmentation Sponsorhips Prices negotiated based on volumes Get - PR; online mkt; network; online 3rd party learning platforms Keep – Learning platform and curriculum Grow – new projects and components Get - PR; workshops; hackatons Keep – data on usage and impact Grow – new products; events and trainings Platform Curriculum, development, support and sales Indirect Partner stores Stores Eletronics? Toys? Distribution channel Financial Interest
  • 17. ROBOX™ Canvas Model (Day 4) Maker Teachers Usually CS, Math or Science Students from 7-12th grades Parents Tech enthusiasts Parents of children between 12 and 18 yo Schools Private and public schools / school districts Internet connectivity 7-12th grades Help me teach coding and engage my students in a way that I feel comfortable: - Tinkering - Customizable - Low cost Help me raise smart and well succeeded children - Used without my supervision - Customizable Help me include CS in my curriculum - Low or no professional development - Low cost equipment - Effective in Learning Results Platform Online Sales Sales Force Direct sales Open Hardware Community Development Mission driven Manufacturers Supply Chain Financial interest Production Manufacturing, import and assembly Intellectual - Process for manufacturing - Robox patent and trademark Human - Engineers, designers, CS teachers Variable costs with economies of scale - Manufacturing components - Import and taxes Investment needed - Online curriculum and learning platform development - Team Asset Sales $ 9.90 Basic Kit - subsidized $ 14.90 – Starter Kit $ 19.90 – Advanced Kit $ 0.90 – 59.90 – New components and kits Asset Sales Prices negotiated based on volumes Get - PR; online mkt; network; online 3rd party learning platforms Keep – Learning platform and curriculum Grow – new projects and components Get - PR; workshops; hackatons Keep – data on usage and impact Grow – new products; events and trainings Platform Curriculum, development, support and sales Indirect Partner stores Stores Electronics & Toys Distribution channel Financial Interest Asset Sales Expansion packs
  • 18. ROBOX™ Canvas Model (Day 5) Maker Teachers Usually CS, Math or Science Students from 7-12th grades Parents Tech enthusiasts Parents of children between 12 and 18 yo Schools Private and public schools / school districts Internet connectivity 7-12th grades Help me teach coding and engage my students in a way that I feel comfortable: - Tinkering - Customizable - Low cost Help me raise smart and well succeeded children - Used without my supervision - Customizable Help me include CS in my curriculum - Low or no professional development - Low cost equipment - Effective in Learning Results Direct sales Website Sales Force Direct sales Open Hardware Community Development Mission driven Manufacturers Supply Chain Financial interest Operations Manufacturing, import, assembly and distribution Intellectual - Process for manufacturing - Robox patent and trademark Human - Engineers, sales, designers, curriculum experts and marketing Variable costs with economies of scale - Manufacturing components - Import and taxes - Distribution Investment needed - Online curriculum and learning platform development - Team Asset Sales - Basic Kit - subsidized prices by foundations, corporate partners or investors - Expansion packs sales Asset Sales Prices negotiated based on volumes Get - online mkt; network; online 3rd party learning platforms; Keep – Learning platform and curriculum Grow – new projects and components Get - workshops; sponsored donations Keep – data on usage and impact Grow – new products; events and trainings Platform Curriculum, development, support and sales Indirect Partner stores Stores Electronics & Toys Distribution channel Financial Interest Asset Sales - Basic Kits - Expansion packs Investors Financial Interest Mission driven MVP Robox Kit (One Dollar Board + paper box + components + stickers + curriculum)
  • 20. Customer Segments Maker Teachers Name: Alexandre Age: 42 years old Roles: user, influencer, recommender and buyer Subject: informatics teacher Background: math teacher Schools: 1 public and 1 private school Grade level: 6th to 9th grades Teaching experience: 12 years “Help me teach coding and engage my students in a way that I feel comfortable”
  • 21. Customer Segments School Principal Name: Marcia Age: 38 years old Roles: influencer, recommender or buyer Subject: (former) primary teacher Background: pedagogy Schools: 1 public school Grade level: 1st to 5th grades Teaching experience: 18 years “Help my teachers provide a good learning experience and maintain students disciplined”
  • 22. Customer Segments Pedagogical director Name: Julia Age: 41 years old Roles: influencer or recommender Job: Pedagogical director Background: psicology with especialization in pedagogy Teaching experience: 20 years “Help me provide good professional development to teachers and choose the right pedagogical materials to teach the curriculum”
  • 23. Customer Segments Secretary of municipal education Name: Roberto Age: 52 years old Roles: buyer Background: history teacher, former principal and politically appointed as secretary Teaching experience: 20 years Administration experience: almost none “Help me increase education KPIs and maintain the budget under control”
  • 24. Customer Segments Tech savvy parents Name: Ana and Humberto Age: 35 and 32 years old Children: 2 girls, 9 and 12 years old Roles: buyers or saboteurs Background: business administration and psichology Family year income: R$ 48.000,00 Technology behavior: likes new gadgets but ask for kids help to install and use “Help me raise smart and well succeeded children”
  • 25. Value proposition Customer Segment Job to be done Pains and Gains Value Proposition Teachers “Help me teach coding and engage my students in a way that I feel comfortable” Customizable Drawable boxes with stickers included; set of mechanic components Low Cost Paper boxes; small number of components; one dollar board Connection to real world Physical computing with the possibility to use materials beside eletronic components Easy to use Step by step instructions with video examples for the 2 first classes; Project suggestions for continued curriculum
  • 26. Value proposition Customer Segment Job to be done Pains and Gains Value Proposition Parents “Help me raise smart and well succeeded children” Customizable Drawable boxes with stickers included; set of mechanic components Low Cost Paper boxes; small number of components; one dollar board Safe Eletronic safeguards; low voltage and bigger connectors Used by themselves Project guides for children to follow, with videos featuring teenagers (Youtube style)
  • 27. Value proposition Customer Segment Job to be done Pains and Gains Value Proposition Pedagogical directors “Help me provide good professional development to teachers and choose the right pedagogical materials to teach the curriculum” Low or no professional development required Follow blockly or other known programming language by teachers Curriculum aligned to standards Suggest activities connected to the national standarts Good learning outcomes Collect and provide evidences on the gains of CS education so influencers can convince buyers
  • 28. Educational Kits (Flexible projects) Educational Kits (Pre-defined projects) STEM Toys Maker Kits Petal Diagram
  • 29. Market Size TAM: 1.35 Bi students in secondary and high school around the world by UNESCO in 2014 SAM: 91,4 M students in chosen countries (Brazil, USA, Germany, UK and Spain) with internet connectivity* TARGET: 9 Million students (innovators and early adopters consist in 16% of the SAM. So, consider we could get to a tipping point by reaching 60% of the innovators and early adopters) * Source: http://www.internetlivestats.com/internet-users-by-country/ Estimated life cycle value: $ 50.00 $ 67.5 Bi $ 4.5 Bi $ 0.45 Bi
  • 30. Type of Business Type of Market: Resegmented Market Customers: • Teachers and parents of students between 7 and 12th grades • Schools and Universities • Tech-companies, foundations and social responsability areas interested in innovation and IOT Competitors: LEGO Mindstorms, Robota, Atos Educacional, Arduíno, Makey Makey, Littlebits, and several others Risks: not being able to fulfill customer needs and offer clear differentiation from competitors; business model relies on established manufacturing process in China; sponsors might not be interested in this kind of media;
  • 31. $12.99 Basic Tiny Monster Kit $5.99 $5.99$5.99$5.99 Tiny Monster Expansion Kit Roku Tiny Monster Expansion Kit Nuggi Tiny Monster Expansion Kit Verta Tiny Monster Expansion Kit Divek $39.99 Multi-X kit Arachnid E-bot $19.99$19.99 Spend $40 Experiment
  • 32.  Segment our market to Education & Private  Sell/Deliver basic Robox kits to educational institutions  capture young audience, create brand awareness.  Create a basic content/designs on our platform (each design will include parts, some will be basic, some will be premium)  Create an open-platform environment (drag and drop editor) for people to design new Roboxes. The plans will include a list of parts.  Consider a Youtube model were the designers get a part of the revenue (maybe design it using channels) Get / Keep / Grow
  • 33. Hypotheses Hypotheses Experiments Pass/Fail Condition Results It is easier to introtuce students to CS using physical computing (tinkering) than digital coding Ask teachers who have experienced both formats and read articles/researches Pass: there are no evidences or there are evidences that tinkering is as good or better to teach CS than other methods Fail: there are evidences in the other direction PASS If given the chance, teachers would prefer to teach CS in small groups or even individually Run workshops and ask teachers who are already using eletronics and robotic kits in classrooms Pass: teachers prefer to run activities with maximum 2 students Fail: teachers prefer to run activities with 3 students or more PASS Teachers would allow students to take their Roboxes home, to show their parents As teachers during interviews if they believe that’s plausible Pass: teachers think it is a good idea to let kids take their kits home Fail: teachers would rather maintain the kits inside the lab/school PASS Something between $10 and 20 is a good pricing point for the Robox kit Try this price range during interviews Pass: if people ask how they can order the product Fail: if there is few or no spontaneous interest in buying the kit FAIL Companies and foundations are interested in advertising / sponsoring on the back of the board Try this idea with potential customers Pass: if people ask how they can do that lot of boards Fail: if there is few or no spontaneous interest in advertising / sponsoring the kit NOT TESTED
  • 34. Hypotheses Hypotheses Experiments Pass/Fail Condition Results People would buy the kits directly from Robox website Ask where people expect to buy this product Pass: they answer they would look after our website Fail: they suggest other channels PASS Upon interacting with our basic product, users would be willing to download more designs (and buy more, better parts) Spend $40 experiment – Provide participants with a budget of $40 and an inventory of high-end, medium range, and basic product on which they can buy more parts. Pass: Strong indication that people are willing to buy the basic product + expansions Fail: Strong indication that people are willing to buy the premium product || people are not willing to buy the basic product + expansions PASS

Hinweis der Redaktion

  1. Should we get rid of the red part by now? It is very complex to start with this in several countries. Values propositions should differ between early adopters and majority. We should be building a startup for the early adopters, right?
  2. Should we get rid of the red part by now? It is very complex to start with this in several countries. Values propositions should differ between early adopters and majority. We should be building a startup for the early adopters, right?
  3. Include govnt together with public schools Include 3rd party learning platforms as a GET Understand if building a programming language for the Robox would be better than building blocks
  4. Should we get rid of the red part by now? It is very complex to start with this in several countries. Values propositions should differ between early adopters and majority. We should be building a startup for the early adopters, right?
  5. Should we get rid of the red part by now? It is very complex to start with this in several countries. Values propositions should differ between early adopters and majority. We should be building a startup for the early adopters, right?
  6. Should we get rid of the red part by now? It is very complex to start with this in several countries. Values propositions should differ between early adopters and majority. We should be building a startup for the early adopters, right?
  7. Is 60% an acceptable premisse for tipping point
  8. Technologocial risks? Mantaing quality even in cheap projects?