fromTeal - product-concept δ

Concept & use-case for an app to help people work on what they love, love their work & make a living out of it.

Transcript

1. Product-concept δ April, 2019
2. 1. The Pain
3. Most people don’t work on what they love. Almost everyone have some work they really love to work on, something that makes them excited & gets them into flow. However, almost everyone aren’t working on what they love, but instead make their living by working on something else.
4. Most people don’t love their work. It’s difficult to love your work if it doesn’t excite you & if it isn’t the thing you love to work on. People have dreams to work on something, but they end up working on realizing someone else’s dream. Furthermore, many people don’t feel good working under managers, who limit their freedom, & think they are better just because they’re paid more & are upper in the hierarchy.
5. It takes courage to quit your job & work on what you love. People need to make a living, and quitting their current work for a new & risky career doing what they love, takes a lot of courage (or naivety). The probability of success is so low & the risks/costs of failing are so high, that most people won’t even take the 1st step to try it out.
6. 2. The Purpose
7. Enable people to 
 work on what they love, 
 love their work, 
 & make a living out of it.
8. 3. The Solution
9. Team-up to realize your dreams. We believe the key is to team-up with like-minded people who share the same passion/purpose & form a company together.. Doing this together with others provides the confidence & courage to take the 1st step. As a team, you also have more resources so it’s less risky & more likely to succeed in making a living out of working on what you love.
10. Teal-up to realize your dreams. We believe that in order for a team to be effective & successful, it shouldn’t have managers & hierarchy. Self-managed (“Teal”) teams are more successful because everyone truly care about every customer, & because everyone are happier & more productive being free of managers telling them what to do.
11. Teal-up to realize your dreams. We believe that in order for a team to be effective & successful, it shouldn’t have managers & hierarchy. Self-managed (“Teal”) teams are more successful because everyone truly care about every customer, & because everyone are happier & more productive being free of managers telling them what to do. This term is taken from a book called: “Reinventing Organizations”, by Frederic Laloux.
 http://www.reinventingorganizations.com/
12. 4. A Use-case
13. Meet Paul - a successful manager in a big tech company
14. Paul's real passion is actually baking - he perfected his Sourdough bread & that's what he really loves doing
15. However, Paul has a family that he’s providing for, so he can't just quit his work as a manager to follow his dream
16. Store fromTeal An app for helping people follow their dreams. More.. Get He hears about fromTeal & decides to try it out
17. fromTeal What would you love to work on? Submit The 1st thing the app asks him is what would he really love to work on & he answers: “bake the perfect bread” bake the perfect bread
18. fromTeal What would you love to work on? The app then shows him several existing teams, made of people who share the same purpose - baking amazing bread bake the perfect bread 13 matching teams found: The baking company Ask to join Make people happier using fresh home-made bread 2 members 5 customers $0.1K/month revenue Bread & butter Ask to join Deliver the perfect bread to turn every breakfast to wow. 11 members 118 customers $3.5K/month revenue
19. fromTeal What would you love to work on? Paul likes one of these team - a small team composed of just 2 members - Carlos & AnnMarie. bake bread 13 matching teams found: Bread & butter Ask to join Deliver the perfect bread to turn every breakfast to wow. 11 members 118 customers $3.5K/month revenue The baking company Ask to join Make people happier using fresh home-made bread 2 members 5 customers $0.1K/month revenue x
20. Paul asks to join their team & they accept The baking company Thanks :) Welcome to the team, Paul! Show Suggest Invite
21. The team is not a registered company, & the members don't work on it full-time, but they're trying to build a profitable business. The baking company Thanks :) Welcome to the team, Paul! Show Suggest Invite
22. The team is not a registered company, & the members don't work on it full-time, but they're trying to build a profitable business. Carlos built a website for selling bread The baking company Thanks :) Welcome to the team, Paul! Show Suggest Invite
23. The team is not a registered company, & the members don't work on it full-time, but they're trying to build a profitable business. Carlos built a website for selling bread AnnMarie started an ads campaign The baking company Thanks :) Welcome to the team, Paul! Show Suggest Invite
24. The team asks Paul to add his perfected Sourdough bread & his location to their website, so they can receive orders for it The baking company 
 Looks awesome!!! Show Suggest Invite Paul, can you please add your sourdough to the product list? Today Sure, let me try to do it now @pbeurre completed task#47 suggest task trello#47 accept task trello#47 complete task trello#47 thank @pbeurre
25. Not long after, an order comes in for Paul’s bread. The baking company 
 Order placed for Sourdough 8 Show Suggest Invite Today received order order#47 W
26. He buys the ingredients, bakes the bread & delivers it to the customer. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
27. He buys the ingredients, bakes the bread & delivers it to the customer. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W The app is updated with the contributions of Paul (buying ingredients & working on the bread) @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
28. By integrating with 3rd party services (GitHub, Trello, Insightly &c), fromTeal keeps tap of the members’ work & contributions. Based on the contributions, it grants members equity-tokens, representing their share in the organization. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
29. By integrating with 3rd party services (GitHub, Trello, Insightly &c), fromTeal keeps tap of the members’ work & contributions. Based on the contributions, it grants members equity-tokens, representing their share in the organization. Carlos holds 67 equity tokens, for building the web site. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
30. By integrating with 3rd party services (GitHub, Trello, Insightly &c), fromTeal keeps tap of the members’ work & contributions. Based on the contributions, it grants members equity-tokens, representing their share in the organization. Carlos holds 67 equity tokens, for building the web site. AnnMarie holds 34 equity tokens for building the ads campaign. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
31. By integrating with 3rd party services (GitHub, Trello, Insightly &c), fromTeal keeps tap of the members’ work & contributions. Based on the contributions, it grants members equity-tokens, representing their share in the organization. Carlos holds 67 equity tokens, for building the web site. AnnMarie holds 34 equity tokens for building the ads campaign. Paul holds 3 equity tokens for the work & costs of the bread. 
 Boom!! $3.69: Ingredients @pbeurre completed task#62 report expense expense#39 complete task trello#62 thank @pbeurre The baking company 
 Order for Sourdough 8 was delivered to customer Show Suggest Invite deliver order order#14 W @pbeurre started task#62: bake Sourdough 8 for order#62 start task trello#62
32. So, upon receiving revenue, the app manages the team’s cashflow - whom to reimburse for expenses, & how to split the profits based on the equity distribution. The baking company Show Suggest Invite $3.69 to: @pbeurre reimburse expenses: Received $24 for order#47 W report revenue revenue#11 current equity distribution $13.00 to: @carloscole
 $6.60 to: @annmarie33 $0.60 to: @pbeurre transfer profits:
33. The app also helps the team recruit more members. This way they spread to more locations, have more resources & knowledge, & increase their profits. The baking company Show Suggest Invite Today Hi, my name is Rob from Knoxville, TN. I bake everyday, & would love to join your team! member @rob_pax applied Guys, what do you think? discuss member @rob_pax Approve Decline Advise member @rob_pax discussed 1 2 3 5 votes 1 votes 2 advices
34. But after some time, a conflict arises between 2 members of the team. Since the team is self-managed, there’s no manager to turn to. Luckily, the app offers tools for conflict resolution, so the members work out the issue.
35. The nice thing about self-managed teams, where everyone are owners, is that everyone really care for each customer. Since they’re also passionate about their work, such teams are very effective & successful.
36. So, after about a year, Paul is making enough money that he quits his day-job to work full time on his real passion.
37. Paul now works on what he loves, loves his work & makes a living out of it.