golf gps presented by michael giordani. who am i?

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Golf GPS Presented By MICHAEL GIORDANI

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Golf GPS

Presented By

MICHAEL GIORDANI

Who am I?

“GolfTEC has created a very

good box and to be successful at

GolfTEC you need to STAY IN

THE BOX.”

August 13, 2009

Tunnel Vision

Why am I here?• Golf GPS devices are running on old,

boring software and I have a great idea for how to improve it

• My problems are that I’m – An entrepreneur with no money

and– A software developer with no technical skills

My Options• Find those who

have the skills and are willing to sacrifice upfront money for a share in the products future success.

• Accept the fact that to create new software I need to be rich or willing to give away all my ownership to rich people in order to raise the capital to pay developers like you.

Early Days of Golf GPS

Personal Golf GPS

Future of the Business

• Companies new to the market don’t need to invest in the hardware now that every smartphone has GPS capabilities.

• Over 45.5 million people in the United States owned smartphones in 2010 out of 234 million total subscribers.

• As smartphones have become more popular there has been a corresponding surge of golf mobile apps that have become available.

Core Golf GPS Features

Ability to get on course yardages

Ability to track your

Score and StatisticsAbility to view Post Round Statistics

Product Demo

Weak Areas

• Limited user experience

• Ease of use

• Product Versatility

My Solution will…1. Develop new golf statistics

2. Generate these stats in the least intrusive way possible using a smartphone GPS device

3. Streamline the process of using the GPS device while on the golf course

4. Establish a way for golfers to better track their game improvement progress

28,000 PGA professionals

18,000 golf facilities 40 million

golfers

$76 Billion Dollar Industry

Golf is played all over the World

16 billion golfers and growing

Golf is now an Olympic sport

Potential Users

THANKYOU