Team Update 10-08-10

Posted: August 10, 2010 in Summer of Startups

Blog Entry 3

Another day of work on Refetch by team Alfa. The group focused today on further developing the application, with a possible motto for the group in discussion; “Carefree Memory”.

Insights shared by Taneli Tikka helped promote the idea that there must be as much focus on Attitude as there is on Skill and Knowledge. His speech of 11 years as an entrepreneur shed light on how one must focus on objective reality, understanding the true meaning of what customers want and what a realistic objective could be expected. In spite of the claim, he reminded us to retain the gut feeling of success, as it too is important to motivate oneself to achieve their goals.

Another point of discussion today that emerged was how the product would sell, and how it could be used to determine the demand for the application. Different ideas such as a free 30 day trial, or charging a small premium on the activation of the application could work.

Well, we’re off to work now!

Sincerely,

Team Alfa

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