Monday, March 7th, 2011

Lecture Notes:

• All teams highly suggested to have a consultation with marketing representative outside the class
• In this class economy is our time
• "Never use your own money" for any business start up
• BLOG ASSIGNMENT: Statistics on the success rate of the starting the company(not a survival time) - technical company
• Any profit is a profit!
• Think about the market available for our developed product, who would be the buyer, how large is the number of such buyers
• Study upfront and understanding of the market value of the product is highly important for the success
• Comparison with any existing products similar to the proposed project
• Within a process there is a way capture requirements
• TODO: Self-evaluations by WEDNESDAY
• Use the process before involving QA person