Isaac's profile

Activity for Isaac Penglis

Showing: 10 Results
Sort by
Project Summary

Fuel I The focus for Fuel I this month was to develop and validate credit plans, explore surrounding districts and begin an investigation into Social Consulting as a pathway in Timor.  In establishing the credit plans, Fuel I developed the sales process including creating contracts, a sales pitch, and the CRM. Based on surveys in Dili from early December, the $75 price point was the biggest block. To counteract this, Fuel I created the 3 credit plans. With these plans Fuel I approached...

Emily Collins
by Emily Collins
1 Votes
Comments 1
Emily Collins
Adopted Experiment

[PROPOSED EXPERIMENT]: Revenue Streams - Testing Credit Plans for Agent’s Use - Fuel I Timor-Leste December 2019 Lean phase:  Revenue streams  Assumption:  That sales agents can use the credit plans to sell our stoves.  Time box: 4 weeks (February) Success Metric: How many stoves are successfully sold by Sales Agents using Credit Plans (this means they need the contract signed and documented to PEV as well as the receipt - success of this experiment does not include the...

Giles Barnes
by Giles Barnes
0 Votes
Comments 4
Giles Barnes
Adopted Experiment

Lean phase:   Revenue streams Assumption:   Customers will be less likely to default where there is an incentive involved, in this case the extension of the warranty on the stove.  Time box:   Estimated time box until the end of February (2 months - 3 months dependent on plans sold) As 7 plans were sold in Dec without warranty rough estimate 7-10 will be sold in Jan with warranty making the total sales to be compared approx. 14-17 Key metrics: % of people defaulting with use of...

Kate McKellar-Stewart
by Kate McKellar-Stewart
0 Votes
Comments 4
Kate McKellar-Stewart
Experiment Results

Reference to Experiment Post:  [Proposed Experiment]: Revenue Streams - Credit plan Testing - Fuel I Timor Leste December 2019 This experiment focused on validating two payment plan options for the selling of the Fugaun Seguru in Timor-Leste.  Experiment post: https://projecteverest.crowdicity.com/post/2802300  Lean Phase : Revenue Streams Assumption : That paying customers will adopt one of the two proposed credit plan options without alteration. Results The success points...

Kate McKellar-Stewart
by Kate McKellar-Stewart
0 Votes
Comments 3
Kate McKellar-Stewart
Adopted Experiment

Lean phase:   Revenue streams  Assumption :  It is assumed that individuals in Dili will be interested in taking on one of the two developed credit plans (blue or yellow) in order to pay the full price of the Fugaun Seguru with minimal financial impact.  Time box :  Confirming next actions with 80% (approx 133) targets (based on availability of EOIs) Set at 80% as an attainable goal. Estimated time box as a result is 6 weeks.  Success Metric : Percentage (%) of EOIs...

Kate McKellar-Stewart
by Kate McKellar-Stewart
0 Votes
Comments 6
Kate McKellar-Stewart

Experiment Post:  https://projecteverest.crowdicity.com/post/1321470 Lean Phase : Supply Chain Assumption:  The supply chain for our chosen solution is viable within the Republic of Amisen.  Results: Supply channel:  (1) Sourcing :  Ferdinand owns and operates hundreds of farms within the Republic of Amisen. This produces bulk agricultural waste. Ferdinand is happy to supply some of that waste to us for $100 p/tonne to manufacture the briquette, he is also happy to...

Isaac Penglis
by Isaac Penglis
n/a
0 Ratings
Comments 0
Isaac Penglis
Experiment Results

Reference to Experiment Post:  [Proposed Experiment]: Verifying Primary Problem Yumtha Amisen April 2019 This experiment focused on validating that primary problem faced by the villagers of Yumtha is the cost of fuel and find out more about how this impacts them.   Lean Phase:  Unique Value Proposition Assumption:  Village of Yumtha have identified the primary problem with their current fuel sources is the cost of fuel. Results: 4 village members were interviewed. One of these...

Isaac Penglis
by Isaac Penglis
n/a
0 Ratings
Comments 1
Isaac Penglis
Adopted Experiment

Lean Phase:  Problem Assumption: Village of Yumtha have identified the primary problem with their current fuel sources is the cost of fuel. Time Box:  1 day. Success Metric Metric: Answers from the conducted interview. Green Light: Proceed with Currency Test Success Point:  >90% of the answers were related to cost. Orange Light: Optimise - Attempt to understand the primary cause of the problem Red Light: Reassess identified problems and conduct another interview to...

Isaac Penglis
by Isaac Penglis
n/a
0 Ratings
Comments 2
Isaac Penglis

Sales pitch UVP Affordable fuel source Reliable fuel source More time with family    1. Affordability – gives families more money to spend on other important areas of life Claim – Unreliable and increasing fuel prices means families have to work harder to afford to feed their children. Fact - This is because 90% of rural Amesin families are reliant on solid fuels which are ineffectively burnt and collected.   Benefit - What this means is a cheaper, more effective...

Isaac Penglis
by Isaac Penglis
n/a
0 Ratings
Comments 0
Isaac Penglis

  Lean Phase : Channels Assumption : The current default rate from Solar product based loans is 49%. The intention of this experiment is to validate that the price points are not the primary reason for defaulting consumers. The assumptions that SoCon will validate throughout this experiment are as follows: Energy costs are greater than product repayment costs Consumer's average income p/week is >6000 MWK   Time Box: 4 weeks (or time taken to survey 30 customers)...

Isaac Penglis
by Isaac Penglis
3 Votes
Comments 1
Isaac Penglis
 

Isaac Penglis

Adelaide, Australia

Joined this community on Nov 15, 2018

University or Company
UOA

Degree or Work area
Finance/ Economics

Country you Trekked/are Trekking in
Malawi

What is thirteen plus four?
Human

Reputation ranking

Ranking
89
Points
192

Following

0 in this community