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.

Transcript of Silicon peel meetup15

http://linkd.in/spligroup

Meetup #15: Creating the Money Machine

@siliconpeel

www.siliconpeel.com

WELCOME

Cathleen MacDonaldSilicon Peel

Meetup Facilitator

http://ca.linkedin.com/in/cathleenmacdonald

@motionpix

Meetup #15

• Welcome

• Panel: Business Models

• Panel Q & A

• Break

• Demo Me: Gabitat

• Next Meetup June 26, 7:00pm

• Networking

Agenda

Programswww.siliconpeel.com

Mentoring Startup Success Funnel

• Investment • Progress• Sharing

Creating the Money MachineBusiness Models for Tech Startups

What is a business model?It’s how your business makes money.

Panel Introduction

Richard Kun Business

Development Manager

RDP Associates

Philip Neukom President

Profit Analytics Inc.

Alyssa Richard Founder & Ninja

RateHub.ca

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?

Break

Demo Me

DaveWormald Founder & CEO

April 14, 2014

13

15

Our WorkspaceOur Gabitat

16

Project BluefieldTeam central

Here’s the Box folder containing the Bluefield docs

17

The Market

Target market is small teams of knowledge workers [Drag Photo Here or Click Icon]

… virtually all knowledge workers work in small teams

Knowledge Workers outnumber all other workers in North America by 4:1

Tech Credentials

Technical leadership and visionSoftware architecture & developmentUX and UI DesignDatabase design and developmentScalabilityServer design and developmentMobile client design and development

Relevant Roles

GM of Nortel’s $250M Messaging BUGM of OpenText’s $20M FirstClass BUSaaS delivery of 250k user collab instance20M collaboration users globallySaaS delivery of G20 collaborationSenior roles in email and KM businessesPassionate collaborators!

Use of Investment

19

Finish building the

product

12 Deliver first customers

and revenueLaunch and market like

crazy3

Thank You

Meetup Survey

Complete our survey

to enter the prize draw!

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