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Speaker 1: So fired up today to be joined by a unique group of people.

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Speaker 1: We are actually joined today by high school entrepreneurs that have come through the Roseville Rising Program for entrepreneurs that are in high school and I can tell you today you are going to be inspired.

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Speaker 1: So to help kick off and help us understand our audience, understand what Roseville Rising is all about, I've got my good buddy, Murshad Mansouri.

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Speaker 1: He helped bring this group together, along with my co-founder and the growth factory, Monique Brown.

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Speaker 1: Murshad, how you doing?

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Speaker 1: I'm good Mark.

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Speaker 2: Okay.

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Speaker 1: Well, thanks for joining.

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Speaker 1: Maybe we just talk maybe a little bit of your background.

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Speaker 1: You had GoPro, techstars, you've done some big stuff in the past and maybe just a little bit of that.

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Speaker 2: All right.

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Speaker 2: I mean, you just took that intro and you know, that's my entire life no that's not my entire life.

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Speaker 2: That's my entire life, basically.

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Speaker 2: I've been in tech 25 years.

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Speaker 2: Started out in high school, sold computers out of my garage.

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Speaker 2: Dropped out of college, went back to college, worked in all facets of business, from PR to sales, to all the better development operations, finance, and then the last two lugs in my life have been more in the partnerships and corporate development realms.

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Speaker 2: So a lot of clients in the blue chip, like Microsoft's, the Google's, the Design Within Reach, but I definitely, you know, cut my teeth in the last 10 years.

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Speaker 2: You know some of the big corporates.

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Speaker 1: So you brought this group together along with Monique Brown as we discussed, which to me, it's amazing how far they came in such a short period of time, and I think it's interesting to think about if people have access to minds like yours and Monique's and the others that you brought in what's possible, and so you're gonna hear today a little bit about what's possible, but maybe you could talk to us about what that 16 weeks looked like and what actually happened.

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Speaker 2: Yeah, I mean for sure.

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Speaker 2: This was definitely Monique's brainchild.

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Speaker 2: You know, without her we would not have the folks in the room here, she put together the you know bare curriculum as to what it was we're trying to achieve over the next 16 weeks.

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Speaker 2: She basically brought all these kids together and I was the border collie, if you will, just hurting them and running around them and making sure they were on track for the most part.

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Speaker 2: I'm looking at some of the kids that I had to definitely tighten around I call them the chuckleheads but definitely had a bunch of good activities coming out of the 16 week program and the thesis was how do we get a very big, very monolithic problem that's facing the world today and how do we just keep on cracking away at it?

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Speaker 2: How do we chip away at it Like a sculptor trying to build something out of marble into bringing it to form some sort of solution that they can actually build to slowly tackle those big problems?

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Speaker 2: So we thought big in terms of what are some challenges that we're seeing around us with what I call soft eyes, and how do we take a prescriptive approach to making a solution that is within our capabilities, something that these kids are familiar with, wanna do and bring to course, with a business plan, a business idea.

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Speaker 2: So we've done a lot of time in design thinking, the whole notion of how do you think differently, how do you think like a designer?

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Speaker 2: The soft eyes approach that I mentioned.

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Speaker 2: It's like look around you at any given time.

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Speaker 2: You know there may be something that you may not be aware of because you're so myopic and so focused on your day to day.

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Speaker 2: So how do you take that soft eye approach and how do you see the problems around you and how do you look within and see the capabilities that you have?

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Speaker 2: And also, how do you look to your side and see the capabilities of your partners on your team and the resource that's available through folks like you and folks like the growth factory, and bring a problem down to something manageable, a real solution?

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Speaker 2: So we kind of cover the conceptual upfront.

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Speaker 2: What we had them do really fun exercises involving paper, spaghetti marshmallows.

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Speaker 2: What else do we have, guys?

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Speaker 2: Macaroni.

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Speaker 2: And then we got to the nitty gritties of all right, what is the business plan?

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Speaker 2: You know?

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Speaker 2: what is going to market.

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Speaker 1: Well, they built businesses and we're going to get them up in a minute.

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Speaker 1: But okay, just one last question before we introduce our first entrepreneur.

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Speaker 1: They pitched at the end of the 16 weeks at an event called Mark Tank and I tell you, I saw what they had achieved and it brought tears to my eyes.

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Speaker 1: I had to like look away, and then I saw you over there talking to them like almost like a proud father, and I walked back there and I'm like I can't believe what I just saw.

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Speaker 1: Right High school students building actual businesses.

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Speaker 1: A lot of them are tech companies and just blown away.

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Speaker 1: When you see this imagination come to life, when you see greatness actually happening before your very eyes, you're like whoa well, we're going to hear some of that greatness today.

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Speaker 1: But what was your emotion after you saw them actually deliver at Mark Tank?

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Speaker 2: Yeah, I don't have kids and definitely teaching some of these guys I don't want to have kids, but I think the feeling that I had was I was overwhelmed with what I saw.

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Speaker 2: Three weeks before the Mark Tank we had them do dry runs and I was impressed, like totally impressed, by the dry runs.

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Speaker 2: These kids I shouldn't call them kids these guys and gals, they basically I'll perform a lot of the companies that I was looking at for acquisition when I worked in corporate development and GoPro, or when I was helping some of our founders find homes at Techstars and they definitely had the excitement of first time founders or they're dough-eyed, they're just seeing the world for the first time.

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Speaker 2: They don't have that sense of regular business as usual go into a pitch, try to get them out of it.

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Speaker 2: They were excited, they were genuinely excited and that showed and they continued to refine, they continued to test their messaging into the second week of practice before Mark Tank and it just exceeded my expectations even more and the way to office hours where I would get on the phone or zoom with them.

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Speaker 2: I'm still 11 at night leading up to Mark Tank and it's always the last that's past their bedtime, isn't it?

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Speaker 1: I mean they're in high school with him.

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Speaker 1: No, that's three hours before my bedtime.

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Speaker 1: Actually.

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Speaker 1: I mean their bedtime, yeah, their bedtime.

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Speaker 4: I'm surprised.

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Speaker 2: Yeah, they're up to like midnight and when they went to Mark Tank, it's like I had a little bit of hesitancy in terms of how they were gonna articulate their solutions.

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Speaker 2: But and I say this without hyperbole every single one of the teams just blew me away.

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Speaker 2: And what I told some of the folks was when I was working in Corp Dev, we would see companies try to pitch themselves.

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Speaker 2: They had bankers come in and they try to pitch themselves for sale.

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Speaker 2: They wanted to say, why should we join GoPro, why should we sell to X company when other tech stars and their business modeling was not as concise or as strong as some of these guys in the Mark Tank exhibited?

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Speaker 2: So I would classify these guys and gals and their top 25% of the founders that I've worked with over the last 10 years.

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Speaker 1: Really incredible that what they did.

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Speaker 1: Well, let's get to that now, because you two well, I'm an old man- You're the old enough?

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Speaker 2: Yeah, you're not.

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Speaker 1: I think.

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Speaker 1: Well, one thing too is I think our imagination decreases as we get older.

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Speaker 1: You know, as an older guy, I think some of what you don't have the imagination that these young people have, and so it's really being able to tap into that is is super for sure.

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Speaker 1: Okay, so our first guess so we have some of the winners.

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Speaker 1: There was three.

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Speaker 1: There was actually a three way tie for first place, and then there was an elevator pitch competition as well.

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Speaker 1: There was like prior to Mark Tank, and so one of the winners.

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Speaker 1: So we're gonna talk about some of the winners a little bit, but let's get to know them.

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Speaker 1: The first one is Sophia.

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Speaker 1: Sophia, welcome, you are in Viro.

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Speaker 1: You guys won the elevator pitch.

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Speaker 1: You were also one of the three winners of Mark Tank.

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Speaker 1: It was randomly, it was a three way tie and we had a lot of judges and I don't know how it became a three way tie, but it did, and I think the person I gave the high score isn't even here today, but I'm looking at who that was.

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Speaker 1: Yeah yeah, yeah, yeah.

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Speaker 1: No, I don't know exactly but there was other good ones, is my point.

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Speaker 1: And so, sophia, let's get to know you a little bit.

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Speaker 1: How did you tell us about your idea and actually, where would you rather?

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Speaker 1: Let's get to know you first.

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Speaker 1: Let's start with you what school you go to.

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Speaker 6: I go to Roosevelt High.

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Speaker 1: School you go to Roosevelt High, and how did you find out about this and maybe just tell us a little bit about your experience going through Roosevelt Rising?

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Speaker 6: So I personally didn't know a lot about it.

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Speaker 6: My dad kind of found it on Facebook one night as we were watching TV and he was like, hey, this is a cool idea.

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Speaker 6: And I was like, oh yeah, it is.

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Speaker 6: And so I signed up for it and I wasn't hopeful that I'd get in.

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Speaker 6: Or I was hopeful I'd get in but I wasn't expecting to because I'm a sophomore and when arriving I found that I was the only sophomore here.

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Speaker 3: Oh, wow.

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Speaker 6: But I did get waitlisted at first.

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Speaker 6: I think it was because of my grade, but throughout the process I actually learned so much about not only like entrepreneurship, but like the ideas and creativity as a person, and I actually found out that this is the career path I wanna go down.

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Speaker 6: So that's pretty helpful for me and it was just a great opportunity.

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Speaker 6: I learned so much and it gave me more opportunities like the startup challenge and other stuff like that as well.

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Speaker 1: That's exciting.

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Speaker 1: Okay, so do you wanna try?

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Speaker 1: You won the elevator pitch.

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Speaker 1: Do you wanna try it on us right now?

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Speaker 1: What?

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Speaker 6: do you think?

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Speaker 6: Are you prepared?

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Speaker 1: It's been a couple weeks, but I'll go ahead and do it, all right, so the elevator pitch is like a one minute pitch on your business, so take it away, sophia.

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Speaker 6: So we are in Viro.

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Speaker 6: We're local, supporting local.

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Speaker 6: We support local by creating sustainable bags to kind of replace the plastic bags used in fashion in store places.

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Speaker 6: We have two types of bags the seed paper bag and the tote bag.

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Speaker 6: The seed paper bag is kind of in place of the one time use plastic bags that get thrown into the landfills and into the oceans.

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Speaker 6: Basically, after you use it you tear it up, throw it in your backyard and it will grow wildflowers.

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Speaker 6: And then we also have the tote bag, which is made out of a coffee ground material, usually from the big companies that throw all those coffee grounds away.

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Speaker 6: So the brand we're planning on partnering with was actually Synxtex, which partnered with Starbucks, and this isn't like an original idea of creating sustainable packaging.

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Speaker 6: So we kind of had to create something that made us different.

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Speaker 6: So we looked outside the venture lab window and saw we are Roseville and we kind of took that local moment and kind of thought about how we can connect local artists with the local business community and we figured out that we could create just a connection there and have the local artists featured on the bags.

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Speaker 1: Wow, just looking out the window inspired your different, one of your differentiations.

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Speaker 1: Right, you got this environmental bag and you look out the window and you're inspired at some level by the.

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Speaker 1: We are Roseville and now you can have a local bag with local branding.

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Speaker 1: That makes you feel like you're tight.

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Speaker 1: It's tied to your home.

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Speaker 6: Yes Wow.

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Speaker 1: What were the biggest, what was the biggest challenge in bringing this together?

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Speaker 6: I think we had a lot of good opportunities to give us knowledge, but it was kind of hard.

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Speaker 6: I think it was the differentiating part, because there were other people trying to do what we did, not specifically with the local artists, but with the sustainable packaging, and it is more expensive.

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Speaker 6: And I think the hardest part was probably going to get customer validation from the businesses, because as a business, you want to save as much money as possible and be profitable and the bags that we are selling are a little more expensive, so it's kind of harder for them to get to that point where they'd be willing to switch what's the plan for the business at this point?

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Speaker 1: Is it going to, is it going to fade away and it was just a cool school project, or is it going to have a life?

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Speaker 6: Since I'm still in high school, I think it would be pretty fun to continue, but Felina and Sophia, my co-founders they're both going off to college, like all around California, so it'd be kind of hard with putting in money because they're going to be college students and I have a job but I don't make that much money.

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Speaker 6: What's your where's?

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Speaker 1: your job.

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Speaker 1: I work at Revolutions Naturopathic right now.

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Speaker 6: It's right next to Lazy Dog.

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Speaker 1: It's natural medicine, so I'm in high school and you already have a job.

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Speaker 1: Yeah, Let me, let me, let me also.

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Speaker 2: she's being super humble here, which which is also a quality I like in people, but I was invited to judge a startup sack competition about three weeks ago, a startup weekend three months ago.

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Speaker 2: Three weeks ago, time flies and, surprisingly, haley who we'll talk to in a bit and Sophia were presenting, and Sophia got up there and they had 48 hours to bring an idea together with strangers, people they didn't know, you know, and they managed to, in the course of 48 hours, put together a presentation on a unique problem and presented a unique solution not in viral, something completely different and they nailed that out of the park.

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Speaker 2: They got first place, like just Sophia, for her age, was articulate, she demonstrated with clarity, she demonstrated with conviction and, you know, she was on a wavering in believing, you know, that this is something that she could do, and I think that was just like okay, great.

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Speaker 2: This is probably a sign of things that come for, for Roosevelt rising, you know, and they all exceeded expectations.

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Speaker 2: But you know that's a testament to these folks here doing way more than just this activity to prove there can be leaders in the future and they don't need to do business, you know.

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Speaker 2: They don't need to go into marketing, they don't need to go into whatever.

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Speaker 2: They just seem to know how to tackle problems on their own, how to get that confidence they need.

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Speaker 1: That is so cool.

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Speaker 1: Well, thank you, you're an inspiration, but we have more inspiration as yet to come.

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Speaker 1: Let's bring up, let's go to our next one.

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Speaker 1: Bye, sophia.

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Speaker 1: You know, this is an interesting one for me, rental bay, as a guy that dabbles in real estate a little bit.

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Speaker 1: These gentlemen have tackled a actual problem that exists for people that own real estate and single family homes and they want to rent them out.

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Speaker 1: And so why don't I have you guys introduce yourselves each, and then we'll talk a little bit about your experience in the program and then we'll go into maybe, an elevator pitch, or you can tell us about the company.

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Speaker 1: I'm Hudson, I'm Michael, I'm for a lot.

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Speaker 1: Well, welcome guys.

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Speaker 1: You were one of the three winners and, hudson, you got up and you delivered a presentation I think blew away a lot of the judges and a lot of the audience.

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Speaker 1: Maybe, before we get into that, why don't you tell us, maybe, each of you, a little bit about your experience going through the Roseville Rising program?

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Speaker 1: And who did you like better, monique or Machan?

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Speaker 2: Nope, nope, nope, no.

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Speaker 7: Yeah, so we were originally me and Michael.

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Speaker 7: We kind of went through this together because we were originally part of DECA.

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Speaker 7: Hailey was the president of that, and that's how we even heard about this in the first place.

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Speaker 1: Okay, what's president of DECA?

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Speaker 1: What's that?

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Speaker 7: Oh, it's this business club, like high school business club thing.

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Speaker 7: Okay, we joined it and they compete in business competitions and we joined that looking to looking to explore business and we heard about this through them and we both applied and we both got in and that's where we showed up and then 16 weeks have been amazing.

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Speaker 7: It's been an amazing journey for what's, what was the highlight?

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Speaker 7: Probably the pitch, at least for me.

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Speaker 7: Yeah, what was the?

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Speaker 1: feel Were you at a lot of adrenaline, were you nervous?

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Speaker 7: Oh, my oh.

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Speaker 7: I was so, so nervous.

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Speaker 7: I was so anxious going up there, but after I was finished it was.

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Speaker 7: It was amazing.

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Speaker 1: Oh, you knocked it out of the park.

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Speaker 1: Okay, how about you?

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Speaker 4: I mean, the overall thing was pretty like just awesome, awesome experience.

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Speaker 4: I learned a lot.

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Speaker 4: We learned a ton about the question.

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Speaker 1: Okay.

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Speaker 5: Who do?

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Speaker 1: you like more?

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Speaker 1: Yeah, we don't play favorites you guys, both pretty good, both pretty good Okay.

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Speaker 4: They gave us a lot of help and resources when we asked them to and we just like.

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Speaker 4: We just like we learned a ton with the different like the steps to make a complete business plan, from the idea to the pitch, and I think we did.

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Speaker 4: I think we managed it well yeah.

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Speaker 1: That was great.

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Speaker 5: Brlatt, yeah.

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Speaker 5: So first off, I had to give a shout out to my dad.

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Speaker 5: He's the one who brought me here.

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Speaker 5: He's like one of the first ones to sign up for this program.

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Speaker 5: He saw it on Facebook and next minute he was called me.

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Speaker 5: I was in my volleyball practice and he's like, oh, do you want to sign up for this entrepreneurship program?

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Speaker 5: And at the time that was like when I wanted to do business.

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Speaker 5: I was like thinking how to explore and I didn't.

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Speaker 5: I only knew the niche like parts of business.

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Speaker 5: I know much.

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Speaker 5: So now I was like, yeah, why not, let's go for it.

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Speaker 5: And then so the 16 weeks have been really great.

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Speaker 5: I learned all the like basics and I learned more advanced working with my friends.

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Speaker 5: Both go to my school.

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Speaker 1: Which school you guys go to.

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Speaker 5: Granite Bay.

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Speaker 1: Granite Bay.

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Speaker 1: Oh yeah, you guys had the teachers.

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Speaker 1: There's a woman that in the audience that teaches at Granite Bay?

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Speaker 1: Yeah, I thought it was great that we had.

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Speaker 1: You know, there was an audience at Mark Tank and there were actually a few teachers that I mean.

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Speaker 1: To me that was really inspired by that Having my teachers wouldn't have showed up for something for me when I was a kid, so that was pretty inspiring.

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Speaker 5: Yeah, and also like I learned so much about this, like I learned how to go to market plan, I knew how to find good target market, how to like find good market opportunities, like how to develop and like how to like use market penetration all these different strategies that would definitely help me later on in my path in just being an entrepreneur.

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Speaker 1: Was there a low light?

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Speaker 1: Was there a down part?

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Speaker 1: That was really you didn't enjoy.

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Speaker 5: Well, we did actually have to pivot once, I believe, right.

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Speaker 2: More than once.

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Speaker 1: More than once.

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Speaker 5: Other than that, then I think everything was good.

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Speaker 1: That's pretty normal pivoting right.

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Speaker 1: We see pivots in very mature companies end up having to pivot yeah.

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Speaker 2: I mean, it's embraced.

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Speaker 2: The pivot is what we try to let them know.

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Speaker 2: It's not a sunk cost, it's something that you can.

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Speaker 2: You have the ability, you have the skills.

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Speaker 2: There's no reason why you can't go somewhere else.

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Speaker 2: These guys, though I'll be fully transparent.

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Speaker 2: I call them chuckleheads for a reason, because it's four dudes, and all they did, you know, throughout the working session every week, was shadow box, play chess on their phones, get on tiktok and Instagram, and I was like dudes, come on, but but but, but, you admit that.

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Speaker 2: You admit that.

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Speaker 2: But but they came through the modern workplace.

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Speaker 1: Models stimulus from other areas.

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Speaker 2: I was.

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Speaker 2: I was, you know, thoroughly impressed when they went into their two weeks before the pitch and they realized, all right, customer personas are important, go to market plans are important.

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Speaker 2: Actually, having a revenue model is important.

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Speaker 2: Even though this was a big simulation and there was no money, real money, involved, you know, it's good to think about those important aspects of running a business, their actual dollars associated with it.

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Speaker 2: So they came through and, and you know, I call them the pizza eaters also because they just come to the table.

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Speaker 2: You're in nicknames aren't you, Masha, Well, yeah some of the nicknames you know it's a good way of building the affinity yeah.

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Speaker 1: All right.

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Speaker 1: So we want to know about this business because you're one of the winners and there's a rumor that you guys that it might actually turn into something.

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Speaker 1: I don't know about that rumor, but if you can clarify that would be cool.

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Speaker 1: But who wants to do the elevator pitch?

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Speaker 1: Hudson, not surprised.

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Speaker 7: So rental bay.

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Speaker 7: Currently, mortgage rates have gone up significantly, as you mentioned, and because of that there's a large number of new homeowners looking to rent out their properties and they're finding it really hard to find property managers.

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Speaker 7: So because the current, the current tools to find a property manager are pretty poor there's Yelp, zillow, google, and you end up having like hundreds of pages of property managers, each with like five or zero stars, and it's it's a pretty awful experience.

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Speaker 7: So we kind of come in and what we do is we match homeowners and property managers and we flip the traditional dynamic on its head.

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Speaker 7: Instead of homeowners looking and chasing down property managers, the property managers come to them and this allows the homeowner to get the best deal possible and allows them to get save time and stress looking for a property manager and allows the property manager to get access to way more customers.

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Speaker 7: It can lower their cost of acquisition and it allows them to pick what clients they wanna pursue.

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Speaker 7: So it's really a win-win for both parties and because of that we feel like we're a much superior service to traditional methods.

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Speaker 1: That's awesome.

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Speaker 1: Okay, then may you follow up question what is the revenue model?

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Speaker 1: So Marsha talked about revenue.

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Speaker 1: Who pays you?

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Speaker 7: Yeah, so our customers are the property managers, our product is the homeowners.

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Speaker 3: That's how we work.

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Speaker 7: It's completely free to use for both homeowners and property managers.

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Speaker 7: However, we charge property managers for verification, which will get them put higher up on lists and it'll give them a verified tag and it'll make like they're listing in different colors.

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Speaker 7: Well, so they'll stand out more to customers and they get access to better client customer data.

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Speaker 7: So, there's strong incentives for them to do.

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Speaker 1: Well, it's amazing that you built conceptually this business.

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Speaker 1: That is really a platform that can scale I mean, it's like Airbnb or any of these other platforms incredible.

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Speaker 1: Do you have something to add?

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Speaker 1: I mean, so we Go ahead and speak to Mike a little bit, yeah, so we came up with this like the original thing was.

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Speaker 4: I moved here from San Antonio, texas, and my parents had a few properties there that we weren't there at all, so we didn't have the capabilities to manage them or anything.

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Speaker 4: So we of course we were trying to get a property manager, and my mom in particular had a horrible experience like going on Google, on Yelp and all that stuff.

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Speaker 4: So I was like there's no way that that's the only thing that we can do.

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Speaker 4: So we came together.

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Speaker 4: The original thing was like a ranking system, but we decided that that was not the very good option.

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Speaker 4: So we decided to attack the issue by itself and that's how we came up with rental bay.

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Speaker 1: Perla, do you wanna add anything?

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Speaker 1: Nothing much.

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Speaker 1: They said it all Okay.

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Speaker 1: So what's the plan?

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Speaker 1: Again, I heard that rumor.

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Speaker 1: I confronted you before the show that I heard a rumor that you might actually continue and make this an actual business.

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Speaker 1: Is that a rumor?

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Speaker 1: Where does that rumor lie?

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Speaker 1: We wanna-.

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Speaker 2: I didn't tell him anything, guys, so let's go get someone else.

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Speaker 7: Well, we're currently in the process of incorporating.

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Speaker 7: It's not done yet, but it'll be there soon.

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Speaker 1: Are you doing a C-Corp, Delaware C-Corp.

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Speaker 4: Well, at the moment it's gonna be an LLC, but after that we can make it a C-Corp once we actually get people just on both sides just coming in.

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Speaker 4: But at the moment I feel like an LLC is a better option.

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Speaker 7: We currently have a website.

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Speaker 7: It's in the process of being.

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Speaker 7: It'll be up in two days.

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Speaker 4: It's two days.

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Speaker 7: Everything we built the website and everything.

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Speaker 7: Well, the splash page.

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Speaker 4: There's a waitlist that we added.

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Speaker 4: So if we're gonna start to do some outreach, we're gonna try and get some people to sign up for the waitlist and to do this survey that we made to try and get some hype around the platform and things like that.

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Speaker 1: So, yeah, I love it Okay, anything else to add by anybody?

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Speaker 7: Not particularly.

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Speaker 7: This is a great program.

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Speaker 7: It was an amazing experience for all of us, I think.

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Speaker 2: Yeah, I connected them with an advisor that I spoke with for the first time yesterday.

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Speaker 2: Superior Intellect with that advisor and they're helping them with their launch.

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Speaker 2: So I've got some confidence.

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Speaker 2: Yeah, this is amazing.

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Speaker 1: Hopefully, take it to the next one.

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Speaker 1: This is amazing.

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Speaker 1: Thank you guys appreciate it.

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Speaker 1: Okay, this one's gonna be fun.

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Speaker 1: Hailey Garrett, who has been helping the growth factory I guess it's an did you get discovered at the growth at Roseau Rising and then get brought in as an intern Right?

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Speaker 10: so the whole process was.

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Speaker 10: I actually took an opportunity that our school offered a CTE internship program once you complete the business pathway, and so I connected with Mrs Griffin, who does a lot of outreach with interns, and connected with me the growth factory, and so I was actually able to learn about the Roseau Rising program a few months ahead in December.

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Speaker 1: So you knew about it, you had the inside track.

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Speaker 1: Yes, tell us about your experience going through.

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Speaker 1: You already knew some of us, at least a little bit.

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Speaker 1: You knew Monique really well, but tell us about the experience, maybe the highs and lows of this 16 week journey.

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Speaker 10: Right.

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Speaker 10: So I have to say I think we've all come a long ways, because when you go into this program, no one had an idea on what they wanted to tackle, what it really was to be an entrepreneur.

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Speaker 10: I think this was probably the biggest lesson, and so I mean, I'm sure many people went through this.

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Speaker 10: But you go four weeks, you choose a problem and it's a big one, like remote worker, disengagement or homelessness, and then you have to figure out what's the best way to narrow down to make it a niche problem.

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Speaker 10: And so I mean, personally, for our team, we had four weeks of pivots where we didn't know what exactly we were gonna do, what was the exact problem we were gonna solve, and so that's 14, that's four weeks of a.

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Speaker 1: You're like a sprint.

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Speaker 1: I mean there's 16 weeks.

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Speaker 1: To build a company is a very, very short time.

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Speaker 1: So it took four weeks just to get to the decision, I guess.

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Speaker 10: Yeah, exactly, and talking to all the mentors coming in, and it was a very crazy experience, I have to say.

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Speaker 10: But once we kind of go on the track, it was learning how to do customer validation, how do we meet the people then, how do we wire frame a product, and so, really, this was a 16 week learning experience for sure.

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Speaker 10: And, yeah, I have to say thank you for having me, because this was an amazing time.

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Speaker 1: How has your perspective maybe changed?

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Speaker 1: We had Sophia saying now I think I wanna be an entrepreneur, or maybe she is gonna be an entrepreneur.

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Speaker 1: Has your perspective shifted at all?

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Speaker 1: In terms of career-pathetic, absolutely.

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Speaker 10: So I wasn't sure what I was gonna do with my life, except I knew I wanted to be in business, and especially interning for the growth factory, learning how to invest in startups.

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Speaker 10: I fell in love with the startup culture and I plan on pursuing this space, either in venture capital or as an entrepreneur.

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Speaker 1: Wow, that's exciting.

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Speaker 1: Gonna be motivated, okay.

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Speaker 1: Well, you motivated me at Mark Tank as well.

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Speaker 1: You are one of the three winners one of the three-way tie.

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Speaker 1: Would you be up for doing your elevator pitch?

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Speaker 1: I can do that.

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Speaker 1: Yes, all right, let's do it All right.

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Speaker 10: so the company we created was Co-Elevate, and we are about connecting remote workforces.

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Speaker 10: This was inspired by the pandemic experience where I personally didn't know my teachers or my peers I honestly didn't talk to anyone for three months and so we realized that this is not a pandemic problem.

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Speaker 10: This is an everyday problem, because remote workforces can undergo the same exact struggle.

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Speaker 10: When they're working alone in their home, in their apartment, they are unable to see their coworkers for long periods of time, and so with Co-Elevate, we are a platform that connects remote workers within the company using personalized results.

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Speaker 10: So they answer a daily question, do a daily activity and we kind of gauge their interests.

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Speaker 10: They connect them with coworkers with similar interests.

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Speaker 1: Wow.

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Speaker 1: So a big part of that is building, strengthening a culture of a remote workforce, because people become so disconnected and sometimes disengaged.

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Speaker 10: Exactly.

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Speaker 1: So, thinking about how you arrived at that problem, you already saw it as a problem.

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Speaker 1: And then whose idea?

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Speaker 1: Because you built a team too.

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Speaker 1: Right, you have other members of your team.

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Speaker 1: Yes, so in assembling that team first of all, how did you come up with who's gonna team up?

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Speaker 1: Right, you get a lot of high school students in one room.

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Speaker 1: I went in there on that first day and I'm like, how are these all gonna team up?

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Speaker 1: And Monique sort of did this little game where you broke up by.

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Speaker 1: I don't know.

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Speaker 2: Snapchat versus TikTok, Dutch Brothers versus Starbucks.

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Speaker 1: Who would get along with each other, and then you formed a team.

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Speaker 1: You have to actually make the decision who I want to be on my team, and so did your co-founders.

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Speaker 1: So how did that walk me through that?

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Speaker 1: A little bit.

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Speaker 10: So I have to preface this.

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Speaker 10: My best friend and I, sherveny, we actually came together a week before.

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Speaker 10: We came up with a list of problems and met together and we actually chose remote workforce disengagement as the essential problem, and so this was kind of a bonding experience for her and I to figure out what to do there.

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Speaker 10: And so, after looking at all the other teams pitching, it was kind of about what was the best problem to tackle and did we feel passionate about it.

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Speaker 10: And so once we decided that yes, this is something we wanted to do, we onboarded Nathan and he was in my calculus class.

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Speaker 1: So Brought in a smart guy, huh, oh yeah, smart girl calculus.

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Speaker 10: Hey, we're all yeah, very technical people, and so it was an awesome experience, and especially hearing how other teams formed and what their ideas were.

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Speaker 10: Yeah, it was about finding a problem that's most applicable.

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Speaker 1: Anything.

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Speaker 1: So you've seen how this got made.

363
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Speaker 1: Being kind of have an inside track Anything, you would have us do differently in terms of putting this together If you were to advise Mershaden, monique how we might wanna and me how we might wanna change it.

364
0:30:11,965 --> 0:30:18,712
Speaker 10: Yeah, and so I actually do have a little something was I love the shock of the pitch.

365
0:30:19,425 --> 0:30:45,834
Speaker 10: So two weeks before we had to practice pitch in front of the mentors and before that was like around Robin pitch, and so I think that was pretty much essential to how serious I think everyone got when we realized, oh my gosh, this is happening soon and so, honestly, having that experience beforehand might inspire some people to really get on the project.

366
0:30:46,546 --> 0:30:50,610
Speaker 1: Oh, okay, instead of wait until two weeks before the actual event, do that?

367
0:30:51,212 --> 0:30:56,034
Speaker 1: Have a pre-pitch a little earlier, with a live audience and adults listening?

368
0:30:56,365 --> 0:31:07,333
Speaker 10: Yeah, but I think, being an entrepreneur, the best way to learn is doing it, and so I don't know if everyone's going to pursue business or become an entrepreneur.

369
0:31:07,373 --> 0:31:20,389
Speaker 10: But the greatest thing I took out of this program was how to take a no and how to turn that into something, because we got told no, or let's say they don't really like this part, but what about this?

370
0:31:20,785 --> 0:31:25,653
Speaker 10: And being able to pivot was such a big thing for most of the program, if not all of it.

371
0:31:26,425 --> 0:31:28,670
Speaker 10: So learning how to take a no, Learning how to take a no.

372
0:31:29,065 --> 0:31:30,812
Speaker 1: Wow, some lessons in there.

373
0:31:30,885 --> 0:31:31,789
Speaker 1: Learn how to take a no.

374
0:31:32,085 --> 0:31:35,130
Speaker 1: Best way to learn is by getting the game and try it and do it.

375
0:31:35,772 --> 0:31:36,314
Speaker 1: Good stuff.

376
0:31:36,625 --> 0:31:38,211
Speaker 1: Well, anything else to add to?

377
0:31:38,231 --> 0:31:38,392
Speaker 10: that.

378
0:31:40,169 --> 0:31:41,755
Speaker 10: Yeah, all I want to say is thank you for having me.

379
0:31:41,865 --> 0:31:43,450
Speaker 10: This is, I don't think.

380
0:31:44,172 --> 0:31:48,794
Speaker 10: Well, I think this is the best learning experience of the year, so oh, thank you, Great job.

381
0:31:49,505 --> 0:31:49,907
Speaker 2: Thanks, Ailey.

382
0:31:50,725 --> 0:31:54,455
Speaker 1: And now we've got the co-founders of Career Compass.

383
0:31:55,045 --> 0:32:00,208
Speaker 1: Why don't I have you guys introduce yourselves and tell us a little bit about your experience going through Roosevelt Rising?

384
0:32:01,445 --> 0:32:06,711
Speaker 3: So I'm Teth Patel, I go to Granite Bay High School, I'm a junior and I think it was just a really great experience for me.

385
0:32:06,751 --> 0:32:12,791
Speaker 3: These 16 weeks I learned a lot of stuff about how to, like you know, make it like, get your problem and make it an actual, like solution.

386
0:32:13,385 --> 0:32:15,593
Speaker 3: We spent a lot of time like perfecting our problem.

387
0:32:15,685 --> 0:32:29,269
Speaker 3: I know we spent, I think, four or five weeks just doing the problem itself and then we started pivoting and we started focusing on like the solution and how to really get like the like idea we had into like an actual, like tangible thing that we could, you know, pitch.

388
0:32:29,290 --> 0:32:31,850
Speaker 9: All right, my name is Rishil Tarvati.

389
0:32:32,045 --> 0:32:35,292
Speaker 9: I go to West Park High School and I will be a senior this upcoming year.

390
0:32:36,205 --> 0:32:41,348
Speaker 9: My experience with Roosevelt Rising has been mostly positive, actually all positive.

391
0:32:42,291 --> 0:32:46,211
Speaker 9: Working with people I knew and working with people I also didn't know.

392
0:32:47,185 --> 0:32:50,055
Speaker 9: We were able to create something that I'm especially proud of.

393
0:32:50,586 --> 0:33:02,191
Speaker 9: I'm sure I can speak for my other teammates, but in such a short amount of time, the things we were able to create as a whole was really beneficial.

394
0:33:03,414 --> 0:33:05,173
Speaker 1: Yeah, did you two know each other prior?

395
0:33:05,658 --> 0:33:06,162
Speaker 9: We did yes.

396
0:33:06,566 --> 0:33:09,973
Speaker 1: You two knew each other, but the other people, some of the other teammates you guys did not know.

397
0:33:10,687 --> 0:33:12,647
Speaker 1: But tell me about that team dynamic Was there?

398
0:33:13,129 --> 0:33:14,233
Speaker 1: Did you develop a leader?

399
0:33:15,228 --> 0:33:20,648
Speaker 1: Did one person kind of take over, or was it really, I guess, cohesive in terms of everybody?

400
0:33:20,849 --> 0:33:21,290
Speaker 3: contributing.

401
0:33:22,125 --> 0:33:23,892
Speaker 3: So I think I knew almost everyone on that team.

402
0:33:24,565 --> 0:33:40,931
Speaker 3: So it was me, Rishil and another friend and we sort of kind of signed up for this together and we knew that we wanted to be on the same team and we started discussing problems beforehand and then we sort of set the problem on the table and then we had other people join and we sort of talked with them, discussed with them, and we didn't have a leader of sorts.

403
0:33:41,625 --> 0:33:49,671
Speaker 3: We just kind of we like to listen to everyone's opinions about our problem and we tried to vote for the best opinion and we sort of implement that into the solution.

404
0:33:50,425 --> 0:33:51,288
Speaker 1: Kind of like a democracy.

405
0:33:51,408 --> 0:33:52,912
Speaker 1: It was going to be a voting system yeah, more or less.

406
0:33:52,932 --> 0:33:53,233
Speaker 3: I love it.

407
0:33:53,474 --> 0:33:53,855
Speaker 1: Interesting.

408
0:33:54,145 --> 0:33:55,330
Speaker 1: Do you think that's the best way to run a company?

409
0:33:55,805 --> 0:34:03,012
Speaker 3: I think it is because you don't have a hierarchy and people may not agree with that hierarchy, so it's just better to have everyone have a voice.

410
0:34:03,514 --> 0:34:03,775
Speaker 3: Yeah.

411
0:34:04,205 --> 0:34:05,852
Speaker 1: Any challenges in terms of the team.

412
0:34:06,085 --> 0:34:12,954
Speaker 1: I mean, that sounds like a really cool way to get decisions made, but any internal budding of heads in deciding things.

413
0:34:15,345 --> 0:34:18,694
Speaker 9: Decision-wise, I think we were all on the same page.

414
0:34:19,825 --> 0:34:23,812
Speaker 9: We did have our different opinions on topics, but we were able to resolve those fairly quickly.

415
0:34:24,565 --> 0:34:28,413
Speaker 9: Our biggest problem as a team, however, was showing up.

416
0:34:30,825 --> 0:34:47,574
Speaker 9: Although we had the biggest group we had eight people At the start we lost somebody along the way and many people had their conflicts with their commitments outside commitments, and I think that that was one thing we lacked as compared to other teams.

417
0:34:48,566 --> 0:34:57,891
Speaker 9: If we were able to solve that problem a little bit quickly and make Rosarizing a commitment for the entire team, we would have got more done.

418
0:34:58,905 --> 0:35:01,655
Speaker 9: But I am like I said, I am proud of what we got completed.

419
0:35:01,685 --> 0:35:05,350
Speaker 1: It's amazing how much that's like real business is the commitment level.

420
0:35:05,965 --> 0:35:21,552
Speaker 1: But I do have to say and I heard this from Monique that we ran the program during a time that is extremely difficult for high school students, especially those of you that are trying to achieve great grades and get into college and all these kind of things.

421
0:35:22,445 --> 0:35:24,052
Speaker 1: Part of it was over finals periods.

422
0:35:24,105 --> 0:35:25,250
Speaker 2: Yeah, one of them had a growth spurt.

423
0:35:25,345 --> 0:35:29,351
Speaker 2: They grew a foot during the session as you say, wow, incredible.

424
0:35:29,465 --> 0:35:33,528
Speaker 1: So I mean commitment is really difficult when you've got all these.

425
0:35:34,531 --> 0:35:39,395
Speaker 1: If school is the priority, to make this also a priority can be a real challenge.

426
0:35:39,485 --> 0:35:40,410
Speaker 1: But you know what?

427
0:35:40,545 --> 0:35:41,931
Speaker 1: That's what we face in the real world too.

428
0:35:42,045 --> 0:35:44,614
Speaker 1: We face commitment issues as we try to raise a business.

429
0:35:44,965 --> 0:35:46,010
Speaker 1: Well, my family's more important?

430
0:35:46,125 --> 0:35:47,269
Speaker 1: Well, let's make a decision.

431
0:35:48,325 --> 0:35:50,333
Speaker 1: Sometimes it's really difficult and to do it all.

432
0:35:50,505 --> 0:35:59,834
Speaker 2: That's why, yeah, yeah, and I would say one of the unique characteristics about this team is, with large groups, it's kind of difficult to make decisions, as we're pointing out.

433
0:35:59,965 --> 0:36:08,989
Speaker 2: But this is what I call a self-healing team in which, if one or two members weren't there that week, they would come together and say OK, let's try to come together.

434
0:36:09,525 --> 0:36:35,793
Speaker 2: It's like a wound that sewed itself up naturally, and I think the one thing that made these folks here really focused is tackling a beach head, whereas before, as we're hearing in their elevator pitch, it was a pretty broad market, it was a pretty broad customer base, and then I think the dictum to them was all right, you got to focus, you got to find one specific customer to go after, and that will really kickstart your business better.

435
0:36:36,425 --> 0:36:38,192
Speaker 1: OK, I look forward to hearing it again.

436
0:36:38,825 --> 0:36:40,499
Speaker 1: Ok, so who wants to do the elevator pitch?

437
0:36:40,922 --> 0:36:41,908
Speaker 1: I'll go for it, all right, great.

438
0:36:42,785 --> 0:36:44,713
Speaker 9: So our company is Career Compass.

439
0:36:45,005 --> 0:36:46,651
Speaker 9: We are an education platform.

440
0:36:47,345 --> 0:36:51,231
Speaker 9: I'll give a little bit of insight on why we decided to tackle this issue.

441
0:36:51,485 --> 0:37:11,586
Speaker 9: Well, the issue being education, and more specifically, higher education college focused, we noticed that a lot of college students usually first year, second year college students struggle with deciding what major or what exactly they want to do.

442
0:37:14,045 --> 0:37:25,447
Speaker 9: It's a lot of uncertainty and it also translates down to high school level, and we decided to tackle this problem by creating a platform where you can learn the things at your own pace.

443
0:37:25,868 --> 0:37:40,430
Speaker 9: Whether you're a visual learner, a fast learner or a hands on learner, you're able to learn the things that you would learn in college or higher forms of education right at your house on your own personal device.

444
0:37:42,405 --> 0:38:06,992
Speaker 9: I think that was a really important issue to tackle, because there are statistics where there are so many people that are uncertain and there's a lot of money wasted in changing your major, and we wanted to really focus that down to people where they're learning exactly what they want to learn and explore at their own pace, without the risk of losing time or money.

445
0:38:07,775 --> 0:38:16,138
Speaker 9: Like Mershad said, we decided to focus in on the beachhead of the medical field to begin with, and expanding as we go.

446
0:38:17,320 --> 0:38:33,226
Speaker 1: So you make your discovery by actually doing it at home, online, and then you don't have to go and get a bunch of student debt and all this other stuff and you know, drive to the campus or move out of state to go test.

447
0:38:33,427 --> 0:38:34,189
Speaker 1: You can test at home.

448
0:38:34,611 --> 0:38:36,878
Speaker 3: Yeah, what we mainly focus on is like careers.

449
0:38:37,180 --> 0:38:39,930
Speaker 3: So we wanted to connect students with an expert working in the career.

450
0:38:40,613 --> 0:39:03,930
Speaker 3: So like, let's say, if we had a medical student who was, like you know, kind of on the edge about like, should I go into medical, should I go into another field, we connect them with, like, let's say, a doctor who's been a doctor for five, 10 years and you know they'd be on like a one on one Zoom meeting or in a Zoom meeting with like 15 other kids and the doctor would share like little niches about his career and how he came to be a doctor, things that you can't find easily by doing a Google search, and they just be able to get that like personal connection.

451
0:39:04,010 --> 0:39:07,924
Speaker 3: That way the student can be a little bit more sure if they want to go into the medical field or if they want to.

452
0:39:07,944 --> 0:39:13,312
Speaker 2: You know, pivot- there's also a reality check in what a doctor actually does day to day.

453
0:39:13,532 --> 0:39:15,198
Speaker 2: It's not so much the glamour and glitz.

454
0:39:15,500 --> 0:39:15,841
Speaker 1: You can.

455
0:39:15,881 --> 0:39:19,033
Speaker 1: Yeah, the doctors have to do things that most of us would.

456
0:39:19,214 --> 0:39:22,623
Speaker 1: I wouldn't want to do, by this Exactly.

457
0:39:23,505 --> 0:39:25,650
Speaker 1: Okay, so that's now.

458
0:39:25,670 --> 0:39:29,619
Speaker 1: Is it going to turn into a business or is it just a fun project?

459
0:39:30,020 --> 0:39:31,303
Speaker 1: How did it change your perspective?

460
0:39:32,645 --> 0:39:34,108
Speaker 1: I guess that's more than one question, huh.

461
0:39:34,188 --> 0:39:39,962
Speaker 3: So we actually we're like we've been communicating on Slack for a little bit now and we're planning on making it like a full scale business.

462
0:39:40,725 --> 0:39:43,436
Speaker 3: So we have like a bare bones website on Webflow right now.

463
0:39:43,657 --> 0:39:44,963
Speaker 3: So we're just focusing on developing that.

464
0:39:44,983 --> 0:39:51,781
Speaker 3: We're trying to get sort of volunteers on so they can be our sort of experts in the field, so we don't have to pay them at first while we make some revenue.

465
0:39:52,744 --> 0:39:58,984
Speaker 3: And once you start making some revenue, we're going to start actually bringing on more vol, like more experts, and start paying them and get that cycle going.

466
0:39:59,086 --> 0:40:01,437
Speaker 1: Okay, so you're actually going to take this to another level.

467
0:40:01,477 --> 0:40:03,062
Speaker 1: Then you're going to continue to grow.

468
0:40:03,544 --> 0:40:06,302
Speaker 1: Yeah, wow, is one of your parents a doctor?

469
0:40:07,205 --> 0:40:07,907
Speaker 1: Did I hear that, or?

470
0:40:07,987 --> 0:40:09,672
Speaker 3: one of the teammates no.

471
0:40:09,713 --> 0:40:23,443
Speaker 3: I think one of the teammates parents is a doctor and we have, like, I think, a plethora of sort of parents that are in different fields, like my dad's a computer science major, and we have a another one who's like, I think, an engineering major, a doctor, other careers.

472
0:40:23,503 --> 0:40:27,297
Speaker 1: So you have some built in expertise to kind of prove it out.

473
0:40:27,318 --> 0:40:28,322
Speaker 1: Prove it out the model a little bit.

474
0:40:28,342 --> 0:40:29,627
Speaker 1: Yeah, that's great.

475
0:40:30,431 --> 0:40:30,812
Speaker 1: What's the?

476
0:40:30,832 --> 0:40:36,796
Speaker 1: What are you most excited about in terms of like building this, you guys doing this so you can get rich, or is this to change the world?

477
0:40:38,118 --> 0:40:45,208
Speaker 9: Our main goal is to help the people that really need it.

478
0:40:45,528 --> 0:40:49,062
Speaker 9: We don't look at the profits that we make ourselves.

479
0:40:49,463 --> 0:41:10,355
Speaker 9: We want to take the profits that we do make, the revenue that we do make, and we want to reinvest it back into our business by hiring more capable, more educated you would say experts to then again teach our customers, and it's just a cycle from there.

480
0:41:10,455 --> 0:41:17,444
Speaker 2: That's exciting and this came from a personal question mark that you guys had, like what is the point of college?

481
0:41:17,644 --> 0:41:19,258
Speaker 2: I mean, this is the problem.

482
0:41:19,278 --> 0:41:33,015
Speaker 2: That was true to you and I remember in the first weeks you guys were so adamant and so fervent, like college is always a time, or college, you know, am I going to get out of it and you boil that you know kind of personal into a all right.

483
0:41:33,176 --> 0:41:36,813
Speaker 2: How can we help others, how can we help ourselves by helping others at the same time?

484
0:41:37,034 --> 0:41:37,916
Speaker 5: So, that's interesting.

485
0:41:37,956 --> 0:41:38,898
Speaker 1: Yeah, yeah.

486
0:41:39,118 --> 0:41:42,385
Speaker 1: How many of you are going to plan and go to college?

487
0:41:43,427 --> 0:41:44,389
Speaker 1: Looks like everybody.

488
0:41:44,715 --> 0:41:45,317
Speaker 1: Oh, all of you.

489
0:41:45,418 --> 0:41:46,641
Speaker 1: It's unanimous you all go to college.

490
0:41:46,661 --> 0:41:48,446
Speaker 2: So you have to go to college.

491
0:41:50,096 --> 0:41:51,182
Speaker 1: Yeah, how many of you want to go to college?

492
0:41:51,222 --> 0:41:53,554
Speaker 1: Hopefully you're doing what you want.

493
0:41:53,574 --> 0:41:54,557
Speaker 1: Yeah, I mean yeah.

494
0:41:54,598 --> 0:41:54,878
Speaker 5: Yeah.

495
0:41:54,898 --> 0:41:57,385
Speaker 1: Yeah, thanks guys, really good job, thank you.

496
0:41:57,505 --> 0:41:59,920
Speaker 3: Thanks for having us, thank you for the experience you bet.

497
0:42:00,421 --> 0:42:04,338
Speaker 1: All right, and now we have our last entrepreneur.

498
0:42:04,720 --> 0:42:12,546
Speaker 1: Alisa is here to talk about Ruminize, but let's, before we get into that, maybe just introduce yourself and tell us about the Roseville Rising experience.

499
0:42:13,195 --> 0:42:13,677
Speaker 8: Of course.

500
0:42:13,958 --> 0:42:18,650
Speaker 8: So hello, my name is Alisa and I'm from Grenin Bay High School.

501
0:42:18,951 --> 0:42:22,601
Speaker 8: I just graduated, so I'm going to college next year.

502
0:42:24,206 --> 0:42:33,963
Speaker 8: I'm also majoring in business and I think one of the most interesting things that, like I've heard, is if you major in business, you don't know what you want to do in life and like part of it.

503
0:42:34,043 --> 0:42:41,525
Speaker 8: When I first actually applied as a business major, it was like I think I want to like it, but I'm not sure if I really like it.

504
0:42:42,086 --> 0:42:50,013
Speaker 8: So this program really actually let me get a glimpse of what the business world is, what it means to be a business major.

505
0:42:50,113 --> 0:42:56,028
Speaker 8: Besides, I was saying, oh yeah, I kind of like math, but I don't want to go into STEM type of like, type of interest.

506
0:42:56,236 --> 0:42:57,140
Speaker 8: So it's definitely.

507
0:42:57,401 --> 0:43:00,535
Speaker 1: So now you definitely you're more confident in your decision to go to college.

508
0:43:00,535 --> 0:43:01,217
Speaker 1: Where are you going to go?

509
0:43:01,678 --> 0:43:15,595
Speaker 1: I'm going to go to UC Irvine, uc Irvine All right, okay, so in Roseville Rising maybe, just besides it, solidifying your decision around college and where to focus.

510
0:43:15,615 --> 0:43:16,900
Speaker 1: I mean, was there what did you like?

511
0:43:16,920 --> 0:43:18,044
Speaker 1: What did you not like about the program?

512
0:43:21,235 --> 0:43:21,516
Speaker 8: Okay.

513
0:43:21,677 --> 0:43:27,237
Speaker 8: So what I liked about this program was how we were actually introduced to so many experts in the field.

514
0:43:27,257 --> 0:43:32,599
Speaker 8: Like there were people from marketing, people from, like operations managers and have much thought over here.

515
0:43:32,639 --> 0:43:40,370
Speaker 8: Like there's people, that there's so many experts around us that we can actually ask and then actually get an interact with the business world.

516
0:43:40,410 --> 0:43:43,720
Speaker 8: Like it's our first step into this business world through like a local manner.

517
0:43:44,823 --> 0:43:46,186
Speaker 8: So that was awesome.

518
0:43:46,226 --> 0:43:53,597
Speaker 8: Like that was amazing because there was no way I would ever be able to make the same connections as with without this program.

519
0:43:54,539 --> 0:43:57,546
Speaker 8: Some of this likes Nothing Come on.

520
0:43:58,147 --> 0:43:59,129
Speaker 1: We want to improve too.

521
0:43:59,470 --> 0:44:05,222
Speaker 8: Yeah, I think honestly the timing of this program was honestly not great at all.

522
0:44:05,683 --> 0:44:20,107
Speaker 8: Yeah, I was like running in and out between AP and IB programs or testing, so it was a disaster and like at the end of the program for me it just felt like a lot Did it take away from your grades at all, or did you still get straight A's?

523
0:44:20,376 --> 0:44:21,422
Speaker 2: Oh, she got into a good school.

524
0:44:21,442 --> 0:44:22,427
Speaker 2: Thanks, you got straight A's.

525
0:44:22,467 --> 0:44:22,930
Speaker 8: Yeah.

526
0:44:23,231 --> 0:44:29,004
Speaker 2: I never got straight A's in my life, never got an A in my life, you never got an A PE.

527
0:44:29,665 --> 0:44:32,250
Speaker 1: Okay, you ready to do an elevator pitch?

528
0:44:33,016 --> 0:44:34,921
Speaker 1: Okay, sure, are you off the cuff?

529
0:44:35,202 --> 0:44:35,944
Speaker 1: Here we go, okay.

530
0:44:36,084 --> 0:44:41,118
Speaker 8: So Ruminaze is about balancing mental health with online connections.

531
0:44:41,579 --> 0:45:11,005
Speaker 8: So one of the greatest problems we found, or one of the hardest topics we've heard, is this a lot of teenage girls we're going through social medias and we're just really hating what we see here, but it's we don't have anything else to look at as a model, so it's what we continue to compare ourselves to and our self-esteem is lowing just by looking at what's on social media, all of this unrealistic kind of body expectations or even just like lifestyle choices that we can't exactly imitate, even though it's never even possible.

532
0:45:11,386 --> 0:45:17,472
Speaker 8: So, taking this type of this humongous problem and it's like how can we turn it into an actual solution?

533
0:45:17,532 --> 0:45:18,535
Speaker 8: How can we do it?

534
0:45:18,635 --> 0:45:23,352
Speaker 8: Besides, oh, let's just quit using social media, because that's not a solution at all.

535
0:45:23,753 --> 0:45:27,443
Speaker 8: So what we found was we're going to go make a social media alternative.

536
0:45:27,884 --> 0:45:34,334
Speaker 8: So it's going to be a platform that's only shared between your closest members, so the people that you can truly be yourself with.

537
0:45:34,394 --> 0:45:49,019
Speaker 8: You don't feel the need to go and try and be someone better, and so with this social media alternative, it's going to allow for like breaks in social media, so it could just be go outside and do something fun.

538
0:45:49,059 --> 0:46:02,587
Speaker 8: So these are just prompts shared between family and friends and you just really establishing that connection, strengthening that connection and why you're taking those breaks from social media without actually it feeling like a real break.

539
0:46:02,988 --> 0:46:04,473
Speaker 1: So is this a social?

540
0:46:04,493 --> 0:46:07,403
Speaker 1: Is this more like a private social media platform?

541
0:46:07,463 --> 0:46:09,851
Speaker 1: Is that a fair way to frame it?

542
0:46:10,152 --> 0:46:11,497
Speaker 1: Sure, yes, okay, so it's private.

543
0:46:11,537 --> 0:46:16,394
Speaker 1: It's still social media in a way, or like social media, but it's private, yeah.

544
0:46:16,414 --> 0:46:19,542
Speaker 8: You're not connecting to other people you've never seen before.

545
0:46:19,582 --> 0:46:23,480
Speaker 2: Yeah, it's focused on positivity and you know we talk about Pivots.

546
0:46:24,684 --> 0:46:27,534
Speaker 2: Lisa and Mira were the smallest team of the bunch.

547
0:46:27,634 --> 0:46:36,517
Speaker 2: There are two folks started out of three and their problem from the very get go was a very what we call a wicked problem.

548
0:46:36,718 --> 0:46:43,711
Speaker 2: It's got so many interconnections and externalities that you can't control so you can't really create something that will solve the problem back to his root cause.

549
0:46:44,174 --> 0:46:52,829
Speaker 2: So they're thinking about body image problems and how we're just being, you know, feeling horrible by the effects of social media, and social media doesn't really care.

550
0:46:52,970 --> 0:46:54,436
Speaker 2: To be honest, they're profiting off of this.

551
0:46:54,898 --> 0:46:58,493
Speaker 2: So at first we're thinking, all right, this is going to be an ad campaign.

552
0:46:58,513 --> 0:47:06,964
Speaker 2: You know, this is going to be a, an organization that's not necessarily a scalable business, but something that's kind of like a nonprofit.

553
0:47:07,325 --> 0:47:08,590
Speaker 2: And we thought, all right, how do we?

554
0:47:08,892 --> 0:47:14,410
Speaker 2: or they thought, rather, how do we tap into a Facebook or a TikTok and track how much time you're in the app.

555
0:47:14,505 --> 0:47:21,021
Speaker 2: And then they realized, technically you know they can do that, but I think the old adage is, if you can't beat them, join them.

556
0:47:21,242 --> 0:47:27,202
Speaker 2: And that pivoted into a social media platform which right now the slipstream of wellness.

557
0:47:27,443 --> 0:47:29,131
Speaker 2: You know something that they just went into?

558
0:47:29,151 --> 0:47:38,613
Speaker 2: Apple just the other day announced their mental wellness efforts around a general app and there's more and more focus around this and they found renewed enthusiasm, to say all right, there's validation.

559
0:47:38,633 --> 0:47:41,702
Speaker 2: Other folks are doing this, but let's do it better, wow.

560
0:47:41,963 --> 0:47:48,811
Speaker 1: Wow, you're tackling a problem that maybe some of us don't even think about most of the time, and but it's real.

561
0:47:49,032 --> 0:47:49,795
Speaker 1: So congratulations.

562
0:47:49,855 --> 0:47:51,441
Speaker 8: This is never talked about too.

563
0:47:51,461 --> 0:48:04,762
Speaker 2: Yeah, and you're being true to your problem, that tell you want to talk to us about the thought process around how you want to incorporate this or how you wanted to to not, you wanted to sort of the nonprofit pivot or two.

564
0:48:05,363 --> 0:48:11,723
Speaker 8: So because our problem was so like yeah, like you said, it was a wicked problem.

565
0:48:11,763 --> 0:48:16,560
Speaker 8: There was no way that we were ever going to try to profit off of the people who needed it most.

566
0:48:17,001 --> 0:48:24,158
Speaker 8: So we wanted to make sure all our services was available and free for every single teenage girl out there who wanted to use it.

567
0:48:24,269 --> 0:48:25,525
Speaker 8: But then it came to profit.

568
0:48:25,545 --> 0:48:26,668
Speaker 8: Like, how are we going to make profit?

569
0:48:26,708 --> 0:48:28,312
Speaker 8: How do we keep this platform running?

570
0:48:28,793 --> 0:48:34,387
Speaker 8: So in the beginning it was going to be nonprofit, but then we had a pivot into B corp because we do need to.

571
0:48:34,635 --> 0:48:36,159
Speaker 8: We need the revenue to continue on.

572
0:48:36,560 --> 0:48:39,888
Speaker 8: So as a B corp, we are going to be still benefit focused.

573
0:48:40,095 --> 0:48:41,858
Speaker 8: So that means we're going to put all.

574
0:48:43,040 --> 0:48:50,680
Speaker 8: We're going to put all our focus and make sure that our users are first, before everything else.

575
0:48:50,980 --> 0:48:55,979
Speaker 8: So if we do happen to use ads, those ads are going to be body positive.

576
0:48:56,079 --> 0:48:59,713
Speaker 8: We're going to go through and make sure they are, and so on.

577
0:48:59,974 --> 0:49:06,017
Speaker 2: And it's also something that's investable, because if a VC or an angel investor heard nonprofit, probably going to run away.

578
0:49:06,117 --> 0:49:12,424
Speaker 2: But if they hear B corp which, by the way, shout out to Al Moffitt, our mentor, who introduced that topic I didn't even know about it.

579
0:49:13,448 --> 0:49:16,059
Speaker 2: If you go B corp, you can balance the best of both worlds.

580
0:49:16,682 --> 0:49:19,576
Speaker 1: And we're seeing that's a new trend now which B corp stands for Benefit corp.

581
0:49:19,717 --> 0:49:25,076
Speaker 2: Yeah, so there are PB LLCs, public benefit LLCs, like Blue Sky, which is a new Twitter alternative.

582
0:49:25,197 --> 0:49:35,327
Speaker 2: That's a PB LLC, and I do that so that profit is not the motivator in growth, but rather healthy user behavior, creating a co-op REI is a co-op, for example.

583
0:49:35,687 --> 0:49:40,072
Speaker 2: These are I don't know what the structure is, but they're certainly putting profit first.

584
0:49:40,112 --> 0:49:52,035
Speaker 2: But the definition of shareholders is their customers and their employees by far, and with a problem like this, you can't monetize off of teenage girls who are being targeted Exactly, it defeats a purpose.

585
0:49:52,898 --> 0:49:56,758
Speaker 1: Wow, congratulations, great job, exciting.

586
0:49:56,818 --> 0:49:59,393
Speaker 1: And congratulations on getting into UC Irvine too.

587
0:49:59,413 --> 0:50:00,277
Speaker 1: Thank you, it was that.

588
0:50:00,759 --> 0:50:01,642
Speaker 1: How did you choose UC Irvine?

589
0:50:03,976 --> 0:50:04,839
Speaker 8: It was the.

590
0:50:05,341 --> 0:50:05,782
Speaker 1: LA baby.

591
0:50:05,923 --> 0:50:06,023
Speaker 8: LA.

592
0:50:07,776 --> 0:50:08,138
Speaker 3: The weather.

593
0:50:08,901 --> 0:50:10,809
Speaker 8: Yeah, I guess it was the best school I've gotten to.

594
0:50:10,889 --> 0:50:12,295
Speaker 5: So it's going there for now.

595
0:50:13,797 --> 0:50:15,821
Speaker 1: All right, well, thank you very much, thank you.