from concept to company

20
From concept to company Betty Kincaid

Upload: betty-kincaid

Post on 03-Dec-2014

534 views

Category:

Business


2 download

DESCRIPTION

 

TRANSCRIPT

Page 1: From Concept to Company

From concept to company

Betty Kincaid

Page 2: From Concept to Company

“If you don’t have a plan for yourself, you’ll be part of someone else’s.”

Page 3: From Concept to Company

It all starts with an idea

What? How? Who? Why?

Page 4: From Concept to Company

Business basics…1…2…3

1. Buy, build or provide a needed service

2. Add value3. Sell the value added

product or service at a profit

Page 5: From Concept to Company

Where’s the pain?

How urgent is their need? Will they pay for relief? How much will they pay?

Page 6: From Concept to Company

Solve their problem

Page 7: From Concept to Company

What’s it worth?

Page 8: From Concept to Company

Create a plan

“A good plan executed today is better than a perfect plan executed next week.”

General George Patton

Page 9: From Concept to Company

Create a plan Mission Statement Vision Values Goals

Strategies Marketing plan Budget

Page 10: From Concept to Company

Mission, vision & values

Page 11: From Concept to Company

Mission statement

“We save people money so they can live better.”

Page 12: From Concept to Company

Mission statement

“Be our customers favorite place and way to eat.”

Page 13: From Concept to Company

Mission statement

“To nourish and delight everyone we serve.”

Page 14: From Concept to Company

Mission, vision & values

Create your futureEnroll others in your visionBuild a corporate culture

that reflects who you are

“The best way to predict the future is to create it”

Peter Drucker

Page 15: From Concept to Company

Marketing plan

Who?Why?What?How?

Page 16: From Concept to Company

Aim high!

“Make no little plans; they have no magic to stir men’s blood and probably themselves not be realized. Make big plans; aim high in hope and work, remembering that a noble, logical diagram once recorded will not die.”

Daniel H. Burnham- Architect & urban planner

Page 17: From Concept to Company

Enroll others. The pitch

Hook Brief Passion Request

Page 18: From Concept to Company

Business plan

What is product? Who is your

market? What is your

revenue model? Who are the

players? Who is your

competition? What makes you

different?

Page 19: From Concept to Company

My bookshelf Principle-Centered LeadershipStephen Covey How To Win Friends and Influence

PeopleDale Carnegie Good to Great: Why Some Companies Make the Leap... and Others Don't Jim Collins Borrowing Brilliance: The Six Steps to Business Innovation by Building on the Ideas of Others David Kord Murray

Page 20: From Concept to Company

My bookshelf Hacking Work: Breaking Stupid Rules for

Smart ResultsBill Jensen & Josh Klein The Talent Masters: Why Smart Leaders

Put People Before Numbers Bill Conaty & Ram Charan WinningJack Welch Execution: The Discipline of Getting

Things DoneLarry Bossidy & Ram Charan