Silicon peel meetup15
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Meetup #15: In the passionate pursuit of great ideas, dazzling presentations, and awesome products, some start-up entrepreneurs overlook how their businesses will make money. There are many business models but they all boil down to answering the question, “What do you do and why will someone pay you for it?” We explored the challenges of choosing a business model for a tech start-up, the notion of early stage business models versus those for mature businesses, and the proven familiar models versus some creative and innovative models.
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Silicon peel meetup15
- 1. http://linkd.in/spligroup Meetup #15: Creating the Money Machine @siliconpeel www.siliconpeel.com
- 2. WELCOME Cathleen MacDonald Silicon Peel Meetup Facilitator http://ca.linkedin.com/in/cathleenmacdonald @motionpix
- 3. Meetup #15 • Welcome • Panel: Business Models • Panel Q & A • Break • Demo Me: Gabitat • Next Meetup June 26, 7:00pm • Networking Agenda
- 4. Programs www.siliconpeel.com Mentoring Startup Success Funnel • Investment • Progress • Sharing
- 5. Creating the Money Machine Business Models for Tech Startups
- 6. What is a business model? It’s how your business makes money.
- 7. Panel Introduction Richard Kun Business Development Manager RDP Associates Philip Neukom President Profit Analytics Inc. Alyssa Richard Founder & Ninja RateHub.ca
- 8. A Business Model answers the questions: What customer problem do you solve? Who is your target customer? How will you reach, acquire, and retain customers? What value do you deliver? How is that value different from the competition? How will you generate revenue? What is your cost structure and profit margin?
- 10. Break
- 11. Demo Me DaveWormald Founder & CEO
- 12. April 14, 2014
- 13. 13
- 16. 16 Project Bluefield Team central Here’s the Box folder containing the Bluefield docs
- 17. The Market Target market is small teams of knowledge workers 17 … virtually all knowledge workers work in small teams Knowledge Workers outnumber all other workers in North America by 4:1
- 18. Tech Credentials Technical leadership and vision Software architecture & development UX and UI Design Database design and development Scalability Server design and development Mobile client design and development Relevant Roles GM of Nortel’s $250M Messaging BU GM of OpenText’s $20M FirstClass BU SaaS delivery of 250k user collab instance 20M collaboration users globally SaaS delivery of G20 collaboration Senior roles in email and KM businesses Passionate collaborators!
- 19. Use of Investment 19 Finish building the product Deliver first customers and revenueLaunch and market like crazy
- 21. Thank You
- 22. Meetup Survey
- 23. SAVE THE DATE: Silicon Peel Meetup #16 Lean Ventures & Unconventional Funding • June 26, 2014 • 7:00pm-9:00pm • Location: Xerox Research Centre of Canada More details at www.siliconpeel.com