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