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TACTICS FOR LAUNCHING
without a lot of Runway
with Tracy & Tom Hazzard
Sidestep launch landmines.
Plan smarter. Grow faster.
CEO Space 0316
INNOVATIVE STRATEGY + TACTICAL ACTIONS + RIGHT RESOURCES
SUCCESS BY DESIGN
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 2 
FAILURE HAPPENS
…when you run out of runway at 468 feet.
…when you miscalculate your target.
…when you run out of time or capital.
…when you lack the expertise.
…when unforeseen stuff happens.
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 3 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 4 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
Big Brands FAIL too…
Spend more money. Add more runway.
5 
BEEN THERE. DONE THAT. FAILED FORWARD.
24 Years as Entrepreneurs, Inventors,
Product Designers & Partners
WHY US?
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 6 
SUCCESS BY DESIGN
“Begin with the end in mind.”
- Stephen Covey, Seven Habits of Highly Effective People
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
Start with the destination.
Start with your dream.
Start with your why.
7 
OUR WHY…
Saving entrepreneurs and inventors
from risking everything on
flawed plans and the wrong resources. 8 
RISK REDUCTION
By Design
Your Targeted Why
+ Innovative Strategy
+Tactical Actions
+ Right Resources
= ON TIME. ON TARGET. ON PROFIT.
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 9 
SUCCESS BY DESIGN
“A goal is a dream with a deadline.”
- Napoleon Hill, Think & Grow Rich
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
An innovative strategy imaginatively
transforms your dream why from
ideas to realization.
10 
12%
28%
26%
16%
18%
Wrong Plan Lack of Capital
Wrong Market
Reasons for Launch Failure
LAUNCH
FAILURE
REASONS
Wrong
Team Wrong
Product
Compiled from studies at
HBR, Inc & Forbes - 2015
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 11 
Design Flaws
= 54% of Launch Failures
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
Right product; wrong market.
Right market; wrong product.
PROVE IT 1ST
12 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
WRONG WAYS TO PROVE IT
YES MEN & WOMEN
13 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
SUCCESS BY DESIGN
Prove It Market & Product Research
14 
PROVE IT – Right Ways
DO
BOTH!
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 15 
Good PROVE IT Research
•  Tests a reachable niche market audience
•  Produces quantifiable data on Product &
Market Right-Fit + Competitive Benchmark
•  Establishes or refines both Minimum Viable
Product Criteria (Me-Too MVP) and
Maximum Valuable Product Criteria
(Me-Only MVP)
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 16 
PROVE IT Market Proof
Even With a Short Runway
Survey-Style Feedback
o  Apps like Field Agent or
Mobile Market Research
o  Freelance researchers &
moderators
Focus Groups
o  Quantitative & Qualitative
o  DIY Non-Profits & Meet-ups
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 17 
PROVE IT Product Proof
Even With a Short Runway
Make Some. Sell some.
o  Sales (and ranking) are the
best market proof
o  Consignment sales
Competitive Analysis
o  Benchmark of details of
what is selling
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 18 
SUCCESS BY DESIGN
“Hope is not a plan.”
- Unknown – but repeated by Tom & Tracy daily
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
An innovative strategy imaginatively
transforms your dream why from
ideas to realization with
tactical action plans.
19 
Tactical Errors Cause
=18% of Failures
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
Right market, right product, wrong plan.
PLAN IT SMART!
20 
Coolest Cooler:
Wrong Plan!
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 21 
SUCCESS BY DESIGN
7Ps to Defy Launch Failure Odds
①  Prove It
②  Plan It
③  Price It
④  Prototype It
⑤  Protect It
⑥  Predict It
⑦  Produce It
NOW Promote It!
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 22 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 23 
7P SMART PLAN – PROVE IT
Right Fit Market/Product Proof
① 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 24 
7P SMART PLAN – PLAN IT
Tactical Action Plan + Resources
② 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 25 
7P SMART PLAN – PRICE IT
Market vs. Cost Basis Pricing
③ 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 26 
7P SMART PLAN – PROTOTYPE IT
Simulation or Functional
④ 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 27 
7P SMART PLAN – PROTECT IT
Strengthen Position © ™ USPTO
⑤ 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 28 
7P SMART PLAN – PREDICT IT
Forecasting Capital Needs
⑥ 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 29 
7P SMART PLAN – PRODUCE IT
Due Diligence Manufacturing
⑦ 
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 30 
7P SMART PLAN – NOW PROMOTE IT!
Niche Market Communication
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 31 
SUCCESSFUL FAILURE
By Design
3 R s to Fail Fast,
Forward & Frequently
•  Review what works
•  Revise what doesn’t
•  Reject what’s wrong
Review
Revise
Reject
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 32 
Right Resources
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
Saves Money. Accelerates the Plan.
Prevent Costly Mistakes & Delays.
“An expert is someone who tells
you why you can’t do something.”
- Alec Issagonis – Designer of the BMW Mini
35 
MUST HAVE Right Resources
•  Branding
•  Design/Engineering
•  Sourcing
•  CFO Advisor
•  Quality Assurance
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 36 
ACCELERATORS!
SUCCESS BY DESIGN
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com
An innovative strategy transforms
your dream why from an
idea to a realization plan
with tactical actions that the
right resources accelerate.
34 
SUCCESS BY DESIGN Formula
Your Targeted Why
+ Innovative Strategy
+Tactical Actions
+ Right Resources
= ON TIME. ON BUDGET. ON PROFIT.
CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 33 
TRACY HAZZARD
Founder / CEO
²  Inc. By Design Columnist
²  Color & Pattern Expert
²  RISD Textile Design
²  tracy@hazzdesign.com
TOM HAZZARD
Founder / CDO
²  30 YRS 3D CAD Expertise
²  Intentional Inventor
²  RISD Industrial Design
²  tom@hazzdesign.com
24 Years as Product Designers
35 Patents (86% commercialization)
IP & Entrepreneurship Process taught
through Harvard Business Review
Forbes-featured WTFFF?! Podcast Hosts
Mentors 2 Inventors
www. hazzdesign.com
@HazzDesign - Social Media
37 

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Hazz Design's Tactics for Launching Without a Lot of Runway

  • 1. TACTICS FOR LAUNCHING without a lot of Runway with Tracy & Tom Hazzard Sidestep launch landmines. Plan smarter. Grow faster. CEO Space 0316
  • 2. INNOVATIVE STRATEGY + TACTICAL ACTIONS + RIGHT RESOURCES SUCCESS BY DESIGN CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 2 
  • 3. FAILURE HAPPENS …when you run out of runway at 468 feet. …when you miscalculate your target. …when you run out of time or capital. …when you lack the expertise. …when unforeseen stuff happens. CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 3 
  • 4. CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 4 
  • 5. CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com Big Brands FAIL too… Spend more money. Add more runway. 5 
  • 6. BEEN THERE. DONE THAT. FAILED FORWARD. 24 Years as Entrepreneurs, Inventors, Product Designers & Partners WHY US? CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 6 
  • 7. SUCCESS BY DESIGN “Begin with the end in mind.” - Stephen Covey, Seven Habits of Highly Effective People CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com Start with the destination. Start with your dream. Start with your why. 7 
  • 8. OUR WHY… Saving entrepreneurs and inventors from risking everything on flawed plans and the wrong resources. 8 
  • 9. RISK REDUCTION By Design Your Targeted Why + Innovative Strategy +Tactical Actions + Right Resources = ON TIME. ON TARGET. ON PROFIT. CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 9 
  • 10. SUCCESS BY DESIGN “A goal is a dream with a deadline.” - Napoleon Hill, Think & Grow Rich CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com An innovative strategy imaginatively transforms your dream why from ideas to realization. 10 
  • 11. 12% 28% 26% 16% 18% Wrong Plan Lack of Capital Wrong Market Reasons for Launch Failure LAUNCH FAILURE REASONS Wrong Team Wrong Product Compiled from studies at HBR, Inc & Forbes - 2015 CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 11 
  • 12. Design Flaws = 54% of Launch Failures CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com Right product; wrong market. Right market; wrong product. PROVE IT 1ST 12 
  • 13. CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com WRONG WAYS TO PROVE IT YES MEN & WOMEN 13 
  • 14. CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com SUCCESS BY DESIGN Prove It Market & Product Research 14 
  • 15. PROVE IT – Right Ways DO BOTH! CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 15 
  • 16. Good PROVE IT Research •  Tests a reachable niche market audience •  Produces quantifiable data on Product & Market Right-Fit + Competitive Benchmark •  Establishes or refines both Minimum Viable Product Criteria (Me-Too MVP) and Maximum Valuable Product Criteria (Me-Only MVP) CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 16 
  • 17. PROVE IT Market Proof Even With a Short Runway Survey-Style Feedback o  Apps like Field Agent or Mobile Market Research o  Freelance researchers & moderators Focus Groups o  Quantitative & Qualitative o  DIY Non-Profits & Meet-ups CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 17 
  • 18. PROVE IT Product Proof Even With a Short Runway Make Some. Sell some. o  Sales (and ranking) are the best market proof o  Consignment sales Competitive Analysis o  Benchmark of details of what is selling CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 18 
  • 19. SUCCESS BY DESIGN “Hope is not a plan.” - Unknown – but repeated by Tom & Tracy daily CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com An innovative strategy imaginatively transforms your dream why from ideas to realization with tactical action plans. 19 
  • 20. Tactical Errors Cause =18% of Failures CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com Right market, right product, wrong plan. PLAN IT SMART! 20 
  • 21. Coolest Cooler: Wrong Plan! CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 21 
  • 22. SUCCESS BY DESIGN 7Ps to Defy Launch Failure Odds ①  Prove It ②  Plan It ③  Price It ④  Prototype It ⑤  Protect It ⑥  Predict It ⑦  Produce It NOW Promote It! CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 22 
  • 23. CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 23 
  • 24. 7P SMART PLAN – PROVE IT Right Fit Market/Product Proof ①  CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 24 
  • 25. 7P SMART PLAN – PLAN IT Tactical Action Plan + Resources ②  CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 25 
  • 26. 7P SMART PLAN – PRICE IT Market vs. Cost Basis Pricing ③  CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 26 
  • 27. 7P SMART PLAN – PROTOTYPE IT Simulation or Functional ④  CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 27 
  • 28. 7P SMART PLAN – PROTECT IT Strengthen Position © ™ USPTO ⑤  CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 28 
  • 29. 7P SMART PLAN – PREDICT IT Forecasting Capital Needs ⑥  CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 29 
  • 30. 7P SMART PLAN – PRODUCE IT Due Diligence Manufacturing ⑦  CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 30 
  • 31. 7P SMART PLAN – NOW PROMOTE IT! Niche Market Communication CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 31 
  • 32. SUCCESSFUL FAILURE By Design 3 R s to Fail Fast, Forward & Frequently •  Review what works •  Revise what doesn’t •  Reject what’s wrong Review Revise Reject CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 32 
  • 33. Right Resources CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com Saves Money. Accelerates the Plan. Prevent Costly Mistakes & Delays. “An expert is someone who tells you why you can’t do something.” - Alec Issagonis – Designer of the BMW Mini 35 
  • 34. MUST HAVE Right Resources •  Branding •  Design/Engineering •  Sourcing •  CFO Advisor •  Quality Assurance CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 36  ACCELERATORS!
  • 35. SUCCESS BY DESIGN CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com An innovative strategy transforms your dream why from an idea to a realization plan with tactical actions that the right resources accelerate. 34 
  • 36. SUCCESS BY DESIGN Formula Your Targeted Why + Innovative Strategy +Tactical Actions + Right Resources = ON TIME. ON BUDGET. ON PROFIT. CEO SPACE 0316 – Tactics for Launching Without a Lot of Runway - © 2016 Tracy & Tom Hazzard – hazzdesign.com 33 
  • 37. TRACY HAZZARD Founder / CEO ²  Inc. By Design Columnist ²  Color & Pattern Expert ²  RISD Textile Design ²  tracy@hazzdesign.com TOM HAZZARD Founder / CDO ²  30 YRS 3D CAD Expertise ²  Intentional Inventor ²  RISD Industrial Design ²  tom@hazzdesign.com 24 Years as Product Designers 35 Patents (86% commercialization) IP & Entrepreneurship Process taught through Harvard Business Review Forbes-featured WTFFF?! Podcast Hosts Mentors 2 Inventors www. hazzdesign.com @HazzDesign - Social Media 37