Final Meeting Minutes

Advisory Board Meeting #4

Meeting Agenda:

• Go over previous meeting minutes
• Update advisors on recent decisions/developments of mido
• Discuss Pitch idea

Key Points

• Prototype progress (We want to be able to launch a beta website with at least 200 users signed up and able to functionally use the website.)
• We have 11 early-stage agreements however coding the website was proving to take longer than anticipated so before the pitch we want to have at least 1 deal site integrated to our beta site.
• Discuss personal pitch video’s and decide on pitch strategy/presentation tools
• ***Decide who will present and what needs to be said***

End of Meeting Notes

• Get the prototype out there ASAP to test it, and see if there truly is a viable market
• The best way to determine financials is to again test the product and have some sort of primary data
• Less is more, like Jasmine said in class 1 person pitching is better, try and achieve an emotional connection
• Visuals, visuals, visuals – Sell the judges on the story and the people.. the business plan/numbers can be explained after during the question period or the 2^nd meeting
• Don’t stop at 200 users, keep trying to get more up until the presentation

Action Items

• Launch the beta website
• Use data to create accurate financial statements
• Set a user goal and use social media outlets to achieve it (200 users)
• Create the Pitch – Both the script and visuals and prepare for Dec. 8^th