Vision 3. AR Hospital for People of All Ages

Customers & Their Main Targets 

• 0~12 (year-old):  Physical & Senses Growth
• 12~18:  Physical & Senses Growth & Development (Sports & Interests)
• 18~30: Work & Life Style, Increase Muscle & Fat Loss
• 30~40: Work & Life Style, Pressure & Metabolism
• 40~60: Early Stage & Care of the 3-Highs (Blood Sugar/Lipid/Pressure) & Ageing 
• >60: Later Stage & Care of the 3-Highs (Blood Sugar/Lipid/Pressure) & Ageing & Dying
• To break information asymmetry situation: to know more health information about him/herself -> to gain expert suggestions -> to search right/available solution -> execution & tracking 

Key Factors

1. Customer sets a health target -> Personal Physical Scan & State, Profile (habits, family, culture, life style, work, sickness history..)
2. AI: front-end (AR hospital, consulting), back-end (big data, epidemic,  suggestion of hospital & doctor)
3. Treatment & Corrction (contracted suppliers, chain stores or franchise?)
4. Multi-lingual Support (for medicare & consulting services)
5. Medicare System/Insurance/Business building and developing
6. Build a platform for customers & examinations, clinics, hospitals.

Product 06. AR Facility- AR Hospital for People of All Ages (updated on 2020.5.22)

1. Customers & Main Targets 

• 0~12 (year-old):  Physical & Senses Growth
• 12~18:  Physical & Senses Growth & Development (Sports & Interests)
• 18~30: Work & Life Style, Increase Muscle & Fat Loss
• 30~40: Work & Life Style, Pressure & Metabolism
• 40~60: Early Stage & Care of the 3-Highs (Blood Sugar/Lipid/Pressure) & Ageing 
• >60: Later Stage & Care of the 3-Highs (Blood Sugar/Lipid/Pressure) & Ageing & Dying
• Flu & Epidemic: Vaccination, Traveling History
• Content: Food & Nutrition, Personal habits, Medical &  Medicare
• To break information asymmetry situation: To know more health information about yourself -> to gain expert suggestions -> to search right/available solution -> execution & tracking

2. Function block & Road-map of the system

• ID (patients, doctors, pharmacists, employees, treatment or correction.., e.g. Zebra- Business Solutions) & Permissions
• Registration 
• Character AIs among Social Networks
• News & Medium to attract free users as more as possible
• Map of Medical facilities (Clinics, Hospitals..)
• Health Examinations according to customer's age and target to get his/her own Health Classification
• Symptom Cause & Analyses
• Consulting services: Medical treatments (according to hospital system) & Diet suggestions 
• Key-point Examinations and tracking (according to personal targets)  per a period of time..
• Map of Food & Nutrition (Stores)
• Map of Exercises (Locations)
• 
  

3. AI role-playing

• User (with Receiving character) vs. helper AI (with Exploiting character): function touring
• User (with Exploiting character) vs. Secretary AI (with Receiving character): voice commanding or clicking to jump to a function he wants to execute.
• User (with Hoarding character) vs. care-giver  AI (with Hoarding character): daily care 
• Promotion or sales representative (with Marketing character): Examinations, events, warning (of flu, epidemic, disease warning)
• ..

• 3.1  Helper AI (with Exploiting character): Register, Nurse, Doctor..

• 3.2  Secretary AI (with Receiving character): to keep your personal profile and states
   

• 3.3  Adviser AI (with Hoarding character): Examinations & Diagnosis, personal doctor, family doctor, specialists, ..

• 3.4  Sales AI (with Marketing character): Examinations or Event representative

 

• 3.5  Treatment Planner AI (with Hoarding character): The AI which makes a plan for you to do some specific treatment, food/nutrition, sight-seeing.. in Taiwan.

4. Related Industry Cluster

• 4.1 Competitive Industry in Taiwan: Taiwan has National Health Insurance for every people so it has 23-million people as a base of customers, higher cost-performance of medical & medicare services, most intelligent medical experts & school students, hardworking professional nurses than other countries. This platform has the potential to be developed into a competitive industry in Taiwan and attract other country's customers.
• 4.2 Medical Cluster: Northern Taiwan with many Medical Centers or Teaching Hospitals
• 4.3 Medicare Cluster: Suburban districts around Medical Centers or Teaching Hospitals
• 
  

5. Free & Charge

• 5.1 Free to attract more users in short time to become dominant (Platform Strategy): Basic APP functions, Helper AI, Secretary AI..
• 5.2 Charge to get income: Adviser AI (from Consumers), Sales AI (from Business customers), consulting, 

6. Finance & Funding

• 6.1 NPG (Nonprofit Organization) for medical & medicare services because it may adopt government resources and research data. Its goal is to serve more people rather than profit more but it has to balance profit and loss under finance plans.
• 6.2 Separate IT services as a private corporation. It can serve other business as a new UI (banking, consumer electronics, hotel booking & sightseeing, ..). It may need funding from public market to grow fast to become dominated in the field (network business, see Company 05. Platform Strategy). 

See Also

• Basic 5. AI with Human Characters

• Basic 1. Types of Human Characters extracted from Erich Fromm's book " Man for Himself" (1947);

• Company 05. Platform Strategy,

• Company 06. How to cross the big chasm of a new product life cycle?

Company 04. Where to Start?

1. Choose what kind of products to start ( Five/Six forces analysis)

• least cash 
• high entry barrier
• in some industry cluster for stable cost
• new market (least competition) 
• high quantity or high profit

    e.g. AIot and Medical/Health care for Taiwan 2030

2. Key professionals/specialists in the field

3. Find interested investors for long-term investment.

4. Choose a industry cluster to start a company..

Company 03. Industrial Clusters

See All Titles with Product XX:

You can find the section "Related Industry Clusters" in the last par of these articles (take Taiwan as an example).

• Product 01- VR Facility (e.g. Internet Bank)

• Product 02. AR Device- Helmet or Goggles

• Product 03. Training or Learning with a skilled AI

• Product 04. AI Device- Smart Speaker (as a Platform of Services)

• Product 05. AI Device- Electrical Appliance

• Product 06- AR Facility- AR Hospital for People of All Ages

Company 02. Product & Market Positioning & Developing

Market Trend Analysis & Developing

• Pick a product/service with High Quantity or High Profit potential.
•  Five/Six forces analysis (See blog Where to start?)

Company Resources Analysis & Developing

• Key resources & core competitiveness
• Own it or sell it? (Producing by yourselves or outsourcing?)

Product & Company Positioning & Developing

• Segmentation (Target Market and Target Customer)
• Customer Values/Product Values -> Costs/Profits
• Product portfolio
• Industry cost & cluster
• Product & Market developing & testing 
• Final positioning
• Branding & distribution (sales channels)
• Startups financing (VC)

Objective & Goal

• Product life cycle (High Quantity or High Profit?) & BCG Matrix
• Company financing  (Stocks or PE)

KSFS & Strategy

• Build KSFS (Key Success Factors) based on company resources with right strategies. to meet Objective & Goal

References

1. Lecture "Product Marketing at High & New Technology Field" (by David Lo, GM of InrayTek, MBA of Business Administration, National Taiwan University)
2. Lecture "Innovation: Technology, Market and Business Models" (by Prof. Chiang, Chiung-Tsung, College of Management, National Taiwan University)

Company 01. Innovation, Business Life Cycle, Cash flow & Risks

Technology Hype Cycle

Gartner Hype Cycle for Emerging Techologies, 2016

https://www.gartner.com/smarterwithgartner/3-trends-appear-in-the-gartner-hype-cycle-for-emerging-technologies-2016/

Business Life Cycle

https://corporatefinanceinstitute.com/resources/knowledge/finance/business-life-cycle/

Book: Payback: Reaping the Rewards of Innovation 

Hardcover – January 9, 2007

by James P. Andrew  (Author), Harold L. Sirkin (Author), John Butman (Author)

Financial Statements

1. Balance Sheet
https://www.wikihow.com/Make-a-Balance-Sheet-for-Accounting

2. Income Statement
http://www.authorstream.com/Presentation/drawpack-879076-balance-sheet-and-income-statement-diagram/

3. Cash-Flow Statement
 https://www.edupristine.com/blog/cash-flow-statement-in-detail

4. Shareholder's Equity 

https://case-statement.com/4-stockholders-equity-statement-example/

5. BCG Matrix

https://expertprogrammanagement.com/2011/04/bcg-matrix-boston-matrix/

6. BCG Matrix & Product Lifecycle

References

1. Lecture "Innovative Business: Its Financial Strategy and Investment" (by Prof. Chiang, Chiung-Tsung, College of Management, National Taiwan University)

Vision 2. Digital Currency

Background

• A currency in digital form to be used among electronic devices
• Bill Notes/Checks -> Plastic cards -> Virtual Cards -> Virtual Currency (a currency or just a final product?)
• Credit/Debit system from banking
• Exchange value (circulativeness and popularity)
• Security (ID and traceable)
• Ultimate Goal: A currency for all currencies to exchange (It is USD now.)

• Limitation: Governments & Regulations Allow or not Allow in one country (potential market size and how fast it can grow.). Limit to consumer finance in most countries so far. China government allows Ali Pay &Wechat Pay work as a Digital Currency but has a lot controls over these companies

Credit Card Base

• VISA
• MASTER
• Paypal from eBay: the 3rd party payment over VISA/MASTER
• Square: POS for small merchants
• Amazon
• Euro: single currency of EU but no finance flexibility and control

Debit Card Base

• Alibaba (AliPay): B2B, B2C to form a platform and credit data -> Mutual Fund, Banking
• Wechat Pay

Mobile Payment

• Wechat Pay, AliPay (QR Code, In-App, Web-Based payments)
• iPhone NFC (virtual credit card), Samsung NFC
• Square: audio-jack reader & POS for small merchants

Gift Card Base and Bonus for Membership

Virtual Currency