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📈 Project Progress Update: From Theory to Practice with Bina Robotics Ltd ! After diving into the theory of New Business Venturing mentored by Jim Sears at Surrey Business School, University of Surrey, we’re thrilled to share the next steps in our hands-on journey with Bina Robotics Ltd, founded by visionary leaders Dr Abdulrahman Albar and Abdullah Albar. Together, we’re exploring product-market development for their innovative autonomous concrete #3Dprinters. 🏗️ Since our last update, we’ve made significant strides in translating classroom insights into real-world applications. Our focus has been on validating assumptions and uncovering market needs through structured, in-depth interviews and direct feedback from stakeholders. Here’s where we are now: Refining Product Fit: We’ve tested and adapted our initial hypotheses, narrowing down the pain points that matter most to BinaRobotics' target customers. Market Analysis and Strategy Adjustments: By integrating stakeholder feedback, we’ve been able to identify emerging trends and make precise adjustments to our market strategy. Stakeholder Engagement: Collaborating closely with industry experts has given us invaluable insights into the ecosystem, helping us refine our approach to align more closely with stakeholder needs and vision. Key Learnings So Far: Adaptive Strategy Development – Each interaction has taught us the importance of flexibility and continuous learning as we refine our approach to create a meaningful product-market fit. Enhanced Team Dynamics – Working with my dedicated teammates Sirri Ngwa Ryisa, Shristy Jhummun, Praveen Chandra Siddardha Vatti, Yahia Hnid and I’ve gained practical experience in aligning diverse perspectives and skills towards a unified goal. Data-Driven Insights – Our efforts in structured feedback collection have underscored the value of validating each assumption with hard data and real feedback. Stay tuned as we enter the next phase of our project—identifying scaling opportunities and optimising BinaRobotics’ market positioning. Every step brings us closer to turning theory into actionable business development strategies! #ProductDevelopment #MarketValidation #BinaRobotics #NewBusinessVenturing #UniversityofSurrey #SurreyBusinessSchool #3DPrinting #ConstructionInnovation #ConstructionCompany #Landscaping #Precasting #Teamwork #SustainableConstruction #ResearchAndDevelopment #ConstructionIndustry #MarketAnalysis #ConstructionBusiness #ConstructionResearch #BuildingInnovation #ConstructionTechnology #3DPrintingIndustry #Innovation #PrecastConcrete #ConcreteSolutions #SustainableLandscaping #LandscapeConstruction #LandscapingSolutions