So what s the plan? Welcome Dwain Reid, Entrepreneurship Project Manager
Join the conversation @BizBoardKU Tell Everybody!!!
The Year Ahead. Get Involved! http://bizboard.kingston.ac.uk
The journey Accelerator Bright Ideas Closes 2 Dec Celebrate Enterprise! End of academic year celebration 23 March Kingston Award Participation in the Enterprise Programme contributes to the Award Follow-on support for those starting something new Workshops, Masterclasses Startup W/end 27-29 Jan Pitching, Prizes & Party 9 Feb
Workshops Wednesdays 4pm *Idea generation *Bright Idea s Q s *PR *Social Media http://bizboard.kingston.ac.uk/workshops
Insights Every Month on a Thursday from 5.45pm Guest speakers take you through their journey of success, Q&A and networking http://bizboard.kingston.ac.uk/insights
Bright Ideas 2016/17 Everything begins with an idea NOT a business Competition! Open Now Deadline: 2 December 2016 http://bizboard.kingston.ac.uk/brightideas
Next week.. Wed 12 Oct, 4pm PRJG1005 Defining and attracting your first customer Sign Up NOW! http://bizboard.kingston.ac.uk/workshops
The journey Accelerator Bright Ideas Closes 2 Dec Celebrate Enterprise! End of academic year celebration 23 March Kingston Award Participation in the Enterprise Programme is included in the Award Follow-on support for those starting something new Workshops, Masterclasses Startup W/end 27-29 Jan Pitching, Prizes & Party 9 Feb
So what s the plan? Congratulations! On your table you have decided to set up a business Discuss and agree the first 5 actions you will take in the start-up process
Nike, $13.7b. Phillip Knight 1. Onitsuka Tiger Co. 2. Blue Ribbon Sports 3. 200 shoes in Dads garage (1963) 4. Bill Bowerman 1,300 shoes. $20k (1964) 5. 1971.. Greek goddess of victory
McDonalds Ray Kroc 1. Richard and Maurice, Bar B Q (1940) 2. Simplified System (1948) 3. The Multimixer 4. First franchise 5. 500 to 8 years -32,000
Coca Cola Dr. John Stith Pemberton 1. Syrup (1886) 2. Pharmacist 3. The Atlanta Journal 4. 9 1.6b
Facebook Mark Zuckerburg 1. Thefacebook.com 04 2. The legal side 3. Exclusivity 4. Fan fare 5. User interaction
So that plan Five steps to a successful start up
There s no such thing as a perfect plan
1. Excuses Get rid of them.. It s a mindset
Is living a few years of your life like most people won t so that you can spend the rest of your life like most people won t
2. Your idea It s not about ideas it s about making ideas happen
3. Create a plan What a business plan?
There s no such thing as a perfect plan
4. Create a plan What a business plan?
Business Model Canvas
Five things WHY HOW WHAT MONTHS
Five things WHY are you unique
Five things WHY are you unique HOW will you get customer(s)
Five things WHY are you unique HOW will you get customer(s) WHAT do you need?
Five things WHY are you unique financial target(s) HOW will you get customer(s) WHAT do you need?
Five things WHY are you unique financial target(s) HOW will you get customer(s) WHAT do you need? MONTHS 2,3,6?
Five things WHY are you unique HOW will you get customer(s) WHAT do you need? MONTHS financial ACTIONS 2,3,6? target(s)
5. Customer Discovery Who is going to buy though?
There s no such thing as a perfect plan
Bright Ideas 2016/17 Everything begins with an idea NOT a business Competition! Open Now Deadline: 2 December 2016 http://bizboard.kingston.ac.uk/brightideas
Next week.. Wed 12 Oct, 4pm PRJG1005 Defining and attracting your first customer Sign Up NOW! http://bizboard.kingston.ac.uk/workshops