LaunchPad. You! Agenda 10:00Homework and resources 11:00Finding funding – E-Spark and Catalyst 12:00Lunch 12:30Reflection and personal development 15:00Homework.

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Presentation transcript:

LaunchPad

You!

Agenda 10:00Homework and resources 11:00Finding funding – E-Spark and Catalyst 12:00Lunch 12:30Reflection and personal development 15:00Homework

Aims 1 - to test your idea 2a - if its good, start it 2b – if its bad, start something else

So is it a good idea?

Homework Clear value proposition – 1 minute pitch Business model canvas Idea for MVP What is your brand message and name

1 minute pitch

Resources

What you need Your time –it has value –outsource if you can and it is not critical Resources/money –Website and/or app –Stock –Prototype –Marketing Partner (?)

Business partnerships 1.We will all have them 2.What could go right? 3.What could go wrong? 4.Friends and family can be great but… 5.Business not personal

Business owner objectives 1.Big pot of money 2.Good ongoing income 3.Prove yourself (to you or others) 4.Be your own boss 5.Easy lifestyle 6.Spend time doing something you enjoy 7.Change the world 8.Meet interesting/sexy people

Resources (some..lots more) – budget estimating – cheap logos – ‘free’ website - e-commerce websites - prototyping an app –landing pages

Example 0CvQIcw&feature=youtu.be

Managing resources Take twice as long and cost twice as much Ask do I really need it (now) Free if its ‘good enough’ Borrow don’t rent Rent don’t buy Second hand not new

Agenda 10:00Homework and resources 11:00Finding funding – E-Spark and Catalyst 12:00Lunch 12:30Reflection and personal development 15:00Homework

Lunch

Agenda 10:00Homework and resources 11:00Finding funding – E-Spark and Catalyst 12:00Lunch 12:30Reflection and personal development 15:00Homework

Homework Get a logo designed Cost what you think you need Decide how much funding (roughly) £100s vs £1000s vs £10,000s vs £100,000s