The Mylo electric scooter takes less than a second to fold/unfold up to 15 x 20 x 41 in (38 x 51 x 104 cm) for transit on the train or bus, or the trunk of a car, and weighs around 46 lb (21 kg).
Folding mechanism
The rear wheel of the electric scooter folds in between the two front wheels, and the seat comes to rest in the middle of the handlebars. Pim Bicycles says that it’s just as quick to fold out. The compactness and agility of Mylo make it a great last-mile solution. Throw it in your car trunk and ride it to your final destination. It’s ideal for riding from your car to the bus, train stations, school, work, etc.
The Mylo is not a pedal-assist reverse e-trike. Instead, the rider’s feet rest firmly on pegs below the frame while in motion. This means that users will have to ensure the e-scooter’s batteries have sufficient charge before setting off, or they may have to fold up the e-scooter and roll it home mid journey.
Mylo comes with a 36V battery located behind the seat and is reported good for 15 miles (24 km) per charge, but an optional second battery extends ride distance up to 30 miles. Mylo carries two batteries on board and uses one at a time. Once you run out of one battery, you engage the fully charged battery by using a simple switch. Each battery provides 10-15 miles of range and charges in about 3 hours.
A top speed of 18 mph (29 km/h) is reported possible from the 250W hub motor at the top level of three available drive modes. A tilting mechanism for the two wheels at the front offers improved stability in the turns. It has front and rear lighting for after hours commutes or to make riders more visible to other road users during daytime travels. Stopping power is provided by hydraulic disc braking.
You can get the Mylo electric scooter for $1,695 from the company’s website.
Startup
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential. Some startups become unicorns; that is privately held startup companies valued at over US$1 billion.
Actions
Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by some estimates, three years or longer), and hence sustaining effort is required. Over the long term, sustaining effort is especially challenging because of the high failure rates and uncertain outcomes. Having a business plan in place outlines what to do and how to plan and achieve an idea in the future. Typically, these plans outline the first 3 to 5 years of your business strategy.
Design principles
Models behind startups presenting as ventures are usually associated with design science. Design science uses design principles considered to be a coherent set of normative ideas and propositions to design and construct the company's backbone. For example, one of the initial design principles is "affordable loss".
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