1 Million Cups 8/31/2016

We see what you did there, 1 Million Cups Organizers… Mobile. Definition: (1) Able to move or be moved freely or easily. (2) Of or relating to cellular phones, handheld computers, and similar technology. (Thank you, Google.) The community experienced both definitions in our 45-minute pitch session on Wednesday, August 31st at 9:00AM.

Kobe Bell kicked of the morning with his new dining concept: Bijou Belle, The Ultimate Dining Experience. Launching in September, Bijou Belle is a coach bus turned dining car turned city tour with awesome food (or so says his last test ride). Maiden voyages depart from Irving’s NYLO hotel and drive around town for two hours before safely returning passengers to their pick-up location. While in transit guests are served a three course meal prepared by an on-board chef and a bottle of champagne or wine… not to mention swank ambiance and stellar conversation (we hope!). The community got down to the nitty-gritty in their questions on Kobe’s business model and cost structure ($89.99/person, $2,500 for the whole coach). With 24 seated passengers, that’s quite the party! Further comments and feedback led Kobe to consider destination travel (Dallas to Austin, anyone?), convention activities for coordinators, shows across town (Fort Worth for the night?), and local celebrity chefs on-board. Oh – and yes – the ride is smooth with improvements made to the actual coach for those awesome Dallas roads.

Forrest Hull, 1MC’s biggest fan, 19-year old traveler, and (of course) Entrepreneur, pitched next. To say, “this is not Forrest’s first rodeo” would have been an understatement. Forrest not only drove this morning from Tulsa, OK to pitch, but has also traveled to 1MC’s across the country. So, what’s his deal? Forrest pitched his company Paradigm Creative (not to be confused with the branding/design shop of the same name out of Fort Worth). Forrest’s Paradigm Creative helps entrepreneurs create and launch apps. they are able to do this with it’s low-cost, low risk business model: For entrepreneurs, by entrepreneurs. Through his research, Forrest has determined that entrepreneurs don’t have a lot of money to launch apps. They also don’t want to risk bad development. His low cost options include taking a royalty off of app sales (Note: this is not the same as equity) in addition to leveraging an a-la-carte cost for development in phases. As a 19-year old entrepreneur, and frequent frequenter of 1MC, Forrest was open to comments, clients, and conversations. Don’t hesitate to reach out to him or question his business model. He has a long drive home to Tulsa!

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And lastly, a final note to the community: Nicely done! Great feedback! It is always a pleasure to attend 1 Million Cups and see the community support each other through question and answer, feedback, and commentary. See for yourself next week and every Wednesday morning at 9:00 AM at The Dallas Entrepreneur Center.

 

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