Bitcoin Forum

I need ideas for a possible 10 min pitch for potential funding approval. My company (a $35 million company) specializes in health and well-being for the military.  We are owned by a fortune 100 company worth billions.  How can bitcoin help this area?

Here is what the CEO is asking:

What is the pain you are solving?  Who has it?
Product idea must in someway support people's well-being.
Product must be intended for commercial market.
What will it allow our customer to do that couldn't be done before.
Why are they going to pay for a solution to their pain?
Cost saving? Efficiencies?
Increased market share/sales?
How are we going to make money?
Who are the ideal target customers?
Competitive landscape. How would we be different? Why us vs. others?
What is our advantage?
5 year revenue plan
Employees required
Timeline

Sorry for the late notice but I will need this by tmr.  Thank you.

Hmmm can you give more details??  Are you saying that you're trying to pitch Bitcoins to your boss?  For what purpose?

I'm happy to provide some reasoning for you, but I need more context first.

Honestly, I don't see a reason Bitcoin needs shoehorned into this. Make the pitch about something else.

Just don't do it... You won't be able to answer most of the questions. A 5 year revenue plan doesn't make any sense. Who knows where we will Bitcoin be 5 years from now...

Our company is going through a strategic shift.  The CEO sent out an email asking for people for ideas.  If I have an idea I will get the opportunity to stand in front of the CEO and management for 10 min to talk about whatever I want.  I don't know how bitcoins can help the health or well-being industry.  Maybe I have not thought of it yet.

I just think there is a small chance that if the idea is good enough then my company would be able to fund a bitcoin project.  What is in it for you?  Well, I can't give you anything.  This is more of an attempt by me to promote bitcoins because I believe in it.  And if a company with money could develop something relating to bitcoins it would just be a bonus for the bitcoin economy.

We need details on what your company does, before we could answer how Bitcoin may be implemented.

I understand and maybe someone will come up with a nice idea. I just think that 5 years is a lot of time. Meanwhile, Bitcoin could be legally forbidden in your country, a better crypto currency might come along, someone could "destroy" the network with constant 51% attacks, etc. It's a high risk investment.

But good luck with that.

My company handles the tech side for the healthcare industry.  For example, websites, online training, well-being, virtual worlds, etc.  For example, we have websites that help people find jobs, sites that let families keep in touch, etc.

Do you take payment for these services online?  If so, what's your chargeback rate and losses from that? Do you accept customers from other countries?

Bitcoins are easily exchanged between people almost without regard to country there's an advantage over most currencies

The best thing you can do for bitcoin is to start accepting it as payment on your websites.  if you have any ecommerce on them

Hey, I've got one: BitOrgans! Pay for organs using BTC! Irreversible, just like these organ transplants will be! Real effort post here!

What is the pain you are solving?  Who has it?
The pain of needing organs. The disabled, heavy drinkers, Eugene Victor Tooms.
Product idea must in someway support people's well-being.
Living is more well than not living, so sure.
Product must be intended for commercial market.
Well, we don't intend to do this for free.
What will it allow our customer to do that couldn't be done before.
Being able to see, being able to drink to destroy another kidney/liver.
Why are they going to pay for a solution to their pain?
Because otherwise they'll die.
Cost saving? Efficiencies?
You don't have to wait on a donor list for years. Time is money, friend!
Increased market share/sales?
Oh, you're getting the entire market here. Not just a piece of the steak and kidney pie, but the whole thing!
How are we going to make money?
10% cut. Of the BTC. Not the organs.
Who are the ideal target customers?
The desperate terminally ill, Eugene Victor Tooms.
Competitive landscape. How would we be different? Why us vs. others?
We guarantee anonymity because of the stigma of paying for organs from political prisoners/desperate families in third-world countries.
What is our advantage?
Our secret is that we don't actually sell the organs, we just take the money.
5 year revenue plan
1) Collect money for organs.
2) Don't deliver product. Hurray for irreversibility!
Employees required
1
Timeline
Tomorrow: We make a website and post pictures of the "donors"
Day after tomorrow: Collect money
Never: Provide service

Man this is EPIC. Sometimes I think these forums should not be free. They should have a comedy tax. It's like comedy central in here almost every day ! Nice job man !!!

I find companies are willing to try BTC if they have a way to limit/mitigate risk.  One way is to pick an "item of they day" and sell it on-line for BTC. This eliminates the risk of suddenly finding yourself with a lot of BTC and no stock. Or, what about an internal reward/incentive system?  Since it is your money, you can use it in a lot of unusual ways.

Update:  I gave my pitch to the CEO, the CTO, and another "unknown" guy.  I am guessing the guy is powerful in some sort of way.

My presentation was about educating the masses on bitcoin and how to make money doing it.  I'll find out soon if they like my presentation.

Let us know if you win so that we can brainstorm your 10 minute talk or what ever we want.

+1 for the funnies