My First Million

University of Michigan Students Pitch Us Their Startups For $5000 Prize Money

46 snips
Dec 16, 2022
Anand Sinha, CTO of Internet Activism, joins the discussion as students from the University of Michigan pitch their innovative startups. They explore exciting solutions for humanitarian crises, such as a Bluetooth messaging app and a platform connecting refugees with hosts. The judges provide insights on clarity in pitches and effective market strategies. Plus, the students showcase the entrepreneurial spirit thriving in academia, from an RFID-based retail tool to a dedicated app enhancing campus transactions. Who will take home the $5,000 prize?
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ADVICE

Revolutionizing Retail

  • Focus on highlighting the outdated nature of barcodes in retail.
  • Emphasize the convenience and cost savings of an Amazon Go-style checkout experience.
ADVICE

Target Big Retailers

  • Target big retailers who prioritize innovation and efficiency.
  • Leverage your age and success to connect with executives who value young talent.
ANECDOTE

Walmart Labs

  • Walmart Labs is Walmart's innovation department where they experiment with new technologies.
  • They acquire startups and invest heavily in improving efficiency, even by small percentages.
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