Describe Tespack in under 50 words
Tespack is a technology company providing wearable solutions for green energy and mobile data, with its first line of products being innovative Smartpacks. We combine renewable energy with everyday items to improve and bring freedom to the lives of consumers and show that solar energy is sufficient, fun and easy.
Tell us the Tespack story. How and why was this project born?
Mario Aguilera, the founder and the brains behind Tespack Ltd., used to be the co-director at an electronic designing company called Electriel that specialized in energy regulators. After leaving Electriel, he designed the Tespack concept from scratch; the designs and practicality are all the result of his input and work. The name Tespack was chosen in honour of legendary inventor Nikola Tesla.
Growing up in the army in Bolivia and belonging to a special forces unit in South America, Mario understood the importance of having portable electricity when on deployment. Staying true to his values, Mario decided to use solar energy to reduce the user’s carbon footprint.
Using his military background, he designed a series of smartpacks that are practical, durable, stylish and appealing to a wide array of markets. Tespack entered the market in June of 2013 and was met with immense excitement.
Wearable solutions are getting crazy right now. How do you see the future of Tespack with Internet of Things?
Tespack differentiates itself from most wearable solutions, as it works for and with all other wearables as a mobile energy provider, aiming to become the premier mobile energy brand.
Could you share with us how you validated your product?
We opened the version of our website early June 2013 to a huge number of visitors. With a prototype done, we iterated the design based on demand and feedback, and launched the 7-design product line at Outdoor trade show in Germany, the largest of its kind in Europe. Sales, partnership queries, feedback and general interest at the event allowed us to move forward to mass production.
You are pretty active in entrepreneurs/startups events. I saw your team in action in last Pitch Helsinki 2013 and Mobile World Congress 2014. What one piece of advice would you like to give to those who pitch in these events?
Practice your pitch, know your numbers, study the companies and investors that are going to be present, and first of all, see if the event is going to be worth your time and money, or are there superior ways to use them for the benefit of your business.
You are about to scale Tespack. Which are your main challenges in this phase?
Scaling, especially a physical product line, in the pace we want to do it, demands more capital. We can deliver big quantities, continue to develop our product line, and currently we are looking to find the right investors for the field and the company.
Startup Ecosystem in Helsinki is doing pretty well and it is becoming into a hot spot in Europe Startup Scene. What kind of services are you receiving from them? What do you miss?
We are working with EnterpriseHelsinki’s NewCo Factory and particularly with Jaana Pylvänen, who have from the beginning provided us with premises, networking possibilities, and many other services and vital support. We’re also supported by certain government agencies, Tekes, Finnvera and AVEK.
If you could come back to the past, what would you do differently in your startup?
Choose carefully the people in your team. Under no circumstances should you bring in people that are not talented, who do not care, or whom you can’t trust 100%. A company of talented people together can create synergy that is essential in moving quickly, yet surely.
Your big mistake?
As an entrepreneur in a startup, big mistakes can prove to be crucially valuable, and I humbly await the big one, which will ultimately allow us to grow to unearthly dimensions.
Why should I buy your product? Convince me in under 100 words
Think of the times you have run out of battery in your mobile devices, and hoped to find an electricity outlet nearby. Now think of the moment you need to leave that spot, but your battery says 9%, and you will probably have to survive with it for the rest of the day. Now, imagine you’re a Tespack owner… You will never run out of mobile energy again. Based on Nest New York’s and our own market research we have proven our products to be the lightest, most efficient, extremely durable, stylish and affordable for either city or outdoor usage.