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Published byGeoffrey Gibbs Modified over 8 years ago
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LaunchPad
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You!
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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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Aims 1 - to test your idea 2a - if its good, start it 2b – if its bad, start something else
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So is it a good idea?
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Homework Clear value proposition – 1 minute pitch Business model canvas Idea for MVP What is your brand message and name
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1 minute pitch
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Resources
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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 (?)
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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
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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
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Resources (some..lots more) www.upwork.comwww.upwork.com – budget estimating www.fiverr.comwww.fiverr.com – cheap logos www.wix.comwww.wix.com – ‘free’ website www.weebly.com/www.weebly.com/ - e-commerce websites www.invisionapp.com/www.invisionapp.com/ - prototyping an app www.launchrock.comwww.launchrock.com –landing pages
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Example https://www.youtube.com/watch?v=8kGl 0CvQIcw&feature=youtu.be
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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
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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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Lunch
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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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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
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