Resources for Start Up Entrepreneurs

Going from idea to reality-some key steps:

1. Identify a problem and potential solutions.

2. Evaluate potential solutions including risk/reward trade offs. Select one solution to begin testing.

3. Create initial business model (use business model canvas)

4. Do customer discovery and market analysis

5. Develop your Minimally Viable product (MVP)

6. Financial forecasting

7. Accessing capital

8. Developing your investor pitch

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Business MOdel CAnvas

The business model canvas is a great tool to map out your idea and make sure that you are covering all of the elements you will need to address from customer segment, distribution channels, to business model, resources and more.

MVP: Lean Start Up

Minimally viable product is a great way to begin testing your idea before you dedicate too many resources. Learn the important idea of “Lean Start Up”

Raising Capital

Accessing capital is a key part of starting a business. Whether it’s friends and family, angel, venture capital or debt, learn how to begin to speak to investors.

Design Thinking

Design thinking is a great tool to get out of your comfort zone, brainstorm and come up with some innovative ways to address a problem.

The Pitch

Pitching is a critical part of speaking to investors, potential partners and customers. Learn about the different types of pitches and how to create a memorable pitch.

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Customer Market Research

Talking to customers is one of the most important things you can do to validate your idea, get important feedback and learn how if you need to iterate.

Market Analysis

Learn who your customers are, how to size your market and analyze your competition.

Financial modeling

Before you talk to investors, you’ve got to figure out how much capital you will need, when you will break even and if your financial assumptions will work.