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ENGLISH - Effectuation in Action - Favela Experience PDF
ENGLISH - Effectuation in Action - Favela Experience PDF
Founded in 2016
©
Wadhwani
Founda-on
FAVELA
EXPERIENCE
HOTEL LOCAL HOMESTAY
With the 2014 Football World Cup and 2016 Olympics coming up in Brazil,
a lot of tourists were going to need places to stay. A growing interest in Rio
de Janeiro's over-crowded favelas (slums) and Elliot’s own fascination with
the community, led to the idea of renting places for short-term stays. Favela
Experience offers something for everyone - from hostel-like beds to private
apartments. Usually, the owner lives next door, inviting guests over for
dinner or accompanying them on weekend tours. The venture earns money
by taking a commission on each booking. It has made a tremendous impact
on the community, generating income and livelihood. It also helps combat
negative stereotypes through a sort of cultural exchange program.
©
Wadhwani
Founda-on
ZEZINHO DA SILVA
©
Wadhwani
Founda-on
A development technique in which a new product is developed
with sufficient features to satisfy early adopters. The final,
complete set of features is only designed and developed after
considering feedback from the product's initial users.
©
Wadhwani
Founda-on
PEOPLE WILL PAY
FOR FAVELA HOMESTAYS
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Wadhwani
Founda-on
Created an
Airbnb listing
Elliot spent time recruiting potential hosts by putting flyers up and looking
for other partners. He wanted a minimum viable product, a lean startup
concept, whereby he could do an economical pilot to not waste time and
resources on something customers don’t want. So, instead of launching his
own web platform, he created an Airbnb listing for one place to be rented out
around Rio Carnival time. A private 1BHK in a favela by the beach owned by a
local family, got reserved almost as soon as it went live!
©
Wadhwani
Founda-on
Evolution of Favela Experience
During the crowdfunding campaign, they used a space owned by an NGO, Alzira de
Aleluia, to receive guests, and made some income. Shortly after the World Cup, Elliott
decided to move to Asia, and his good friend Adam Newman took over the company. He
saw a unique possibility to be developed on the question:
How can the infrastructure of the NGO help them deal with issues of financial
sustainability and accessing resources they need to continue offering social programming
to the community?
Based on this, they then brought the property up to the standards of best hotels with
all the fun things like communal bars, free computers, foosball tables, and more.
Currently, Favela Experience develops and operates 2 favela based hostels (one of
which ranks #7 of 450 hostels in Rio), 3 homestay properties, and a tour agency.
©
Wadhwani
Founda-on
M MINIMUM
V VIABLE
P
PRODUCT
#PrototypingMVP