Have you ever been so overwhelmed with the complexity or difficulty of your invention idea that you never get stated on it? You are not alone. Our speaker has found a way to move past this obstacle.

Luke Owen, Co-Founder and CEO of TrueAbility, www.trueability.com, a software company, will be our speaker for April 2014.  He will present “Applying MVP Methodology (Minimum Viable Product) to Your Startup or Idea” and review how he utilized MVP strategies to take his idea in July, 2012 to a venture backed startup in July, 2013. The MVP concept made famous by Eric Ries is focused on bringing a product, service, or invention to market in an expeditious manner, to determine early on if the idea is worth funding. You will also learn some clever tricks used along the way to expedite this process.

Luke will explain how he used MVP principles to develop TrueAbility without the typical software development you would expect. Wait until you hear how he simplified the development process. TrueAbility’s AbilityScreen platform simulates real world IT scenarios, on real servers, for IT professionals to learn new skills or demonstrate their technical abilities.  Employers use TrueAbility to find the best technical talent and simplify the hiring process through online technical interviews on the AbilityScreen Platform. Shortly after submitting a provisional patent application for the idea of their AbilityScreen platform in July 2012, TrueAbility used the MVP strategy to launch AbilityScreen in October, 2012 to gain market validation.  With a usable product in hand and positive customer feedback, TrueAbility was able to raise nearly $3M enabling them to fully build out their platform and idea. 

Luke, an entrepreneur from San Antonio, TX, was born from a family of entrepreneurs and has been starting businesses from an early age.  He worked 10 years as an intrapreneur at Rackspace as Director of Fanatical Support where he was responsible for scaling the Fanatical Support organization for Rackspace.  During his time with Rackspace, Luke also was able to feed his entrepreneur spirit by living vicariously through the many startups that were customers.  Luke joined Rackspace in 2003 and departed in 2012 to start TrueAbility.  

Carrie Jeske, Licensee for “As Seen on TV” products will join our meeting.   She will be available for confidential product reviews and advise before and after the meeting.   To learn more about, “How To Earn $330,000 Inventing Products For TV or $27,500 in Finders Fee’s” watch this video. 

Will It Launch? is behind winning TV products such as Easy View HD, Magic Mesh, Windshield Wonder, Jupiter Jack, and more.     Carrie reviews 100 products weekly, ranging from concept, market ready and imports in no or limited distribution.

Carrie spoke at our July 2013 meeting and a summary of her presentation can be read here.

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