Lets take a look at Build the Startup Challenge team Getaway:
What is Getaway?
Getaway allows people to take spontaneous weekend breaks.
Just swipe-tap-tap to book a holiday and open the app later on to find your next move.
What do you want to get out of the challenge?
Help building the team - we're looking for a business guy with travel connections, but if that is not possible a natural hustler would suit my hacker tendencies. I could do with some advisors in the industry both for their networks and experience, as well as the social proof.
Why should you win?
Getaway should win because it's a solid idea in a £12+ billion market. I've drifted around coffee shops speaking to people and many get so deeply engrossed in the concept that we are still chatting in an hour and they ask for my email to stay in touch on it.
Week 1 Update:
I learnt the importance of presenting market information which is both quantitative and focused. I took a different approach to others by conducting user interviews with strangers in hostels and hotel bars and trying to learn what they truly felt was important with open questions. While revealing the habits of consumers this was not an efficient way of creating a convincing quantitative argument for a specific niche of customers.
Big achievements were getting meetings arranged with some people in travel companies, starting a basic prototype, and maintaining a conversation with a somewhat interested investor who has given me some good tips on what to focus on.
Further progress updates to follow...