1. START UP BOOTCAMP 2012
IDEA VALIDATION
Janice Dacres Jones ,CEO
Precision Strategic Partners Ltd
2. Agenda
• Day 1
• Introduction - Ingrid Riley CEO Connectimass
• Session one Is your Idea Viable
• Lunch
• Session two Your Business Model
• Day 2
• Session one Defining your market and your go to
market strategy
• Lunch
• Session two Investment Readiness and Raising Funds
For Your Venture.
3. OBJECTIVES FOR THE WEEKEND
• Determine if your idea is viable (If not identify the gaps to
getting there
• That you leave with an actionable plan
• A go to market strategy
• A minimum viable product
• Business model
• Networking
16. Working Groups
WORKING IN GROUPS OF 1-5
IF YOU DON’T HAVE A GROUP AND WOULD LIKE HELP PUT YOUR
NAME ON THE LIST
TWO MINUTE PITCH AND SAY WHAT HELP YOU NEED
17. The Lean Start up methodology
“The Lean Startup method
teaches you how to drive a
startup-how to steer, when
to turn, and when to
persevere-and grow a
business with maximum
acceleration.”
Eric Ries
18. Lean Start up
The core
• Minimum Viable Product – Build Measure Learn
Ability to solve business problems using game mechanics. Used in sales environments, health industry eg tracking your blood pressure against others. Gamification looks to embed game attributes into day-to-day business activities – interacting with the next generation in their native language, and tapping into an enthusiastic older generation that has embraced gaming
Mobility is quickly becoming one of the most important battlegrounds for business innovation. Operating models are being redrawn for consumers, employees and business partners alike.
Thought should be given to putting more power into the users hand and freeing up business to create more value eg:we shifted from building reports to building a reporting platform to allow users to create their own information views.
A hybrid cloud is a cloud that works across different environments where you have services from vendor clouds working directly with clouds inside of an organization, thus forming a hybrid cloud. Hyper-hybrid clouds are the multiplication of numerous hybrid clouds working together to serve an organization.Cloud is about services. So, the first step in exploiting the power of cloud involves “services thinking.” That’s about defining operating models, business processes and technology components as services – within and beyond the enterprise.
Solve business problems by creating platforms for better analytics to drive better decisions. Companies are Demanding better information and more insights come from the business: finance wants profitability reports; the dairy business asks for improved forecasts; the seed division needs better information for the salesforce.
From emerging standards in geodata management, to advances in asset intelligence, to an explosion of potential applications, the foundation for a geospatial future is being built today. At the center of that future lies the geospatial web – an integrated platform of GIS information, geocoded web data and sensor data.Logistics and supply chains across distributed organizations are ripe with opportunities. Ask questions that might lead to new insights. Where are your customers? Where are customers relative to your work force warehouses or service centers? Where have your customers been? Where are your next customers likely to be? Where are your suppliers? Where are your competitors?Business Intelligence (BI) dashboards in the boardroom, browsers in customer service centers, sales projections by region on field management’s mobile devices.
Enterprises today have a mandate to more seamlessly manage and enable digital identities for the personas of their employees, customers and partners, within and across enterprises;whoever understands employee, customer and prospect identity data will likely control the currency upon which postdigital innovation is traded – and on which new business models are likely to be defined.