Please RSVP to Adam Stoermer, Executive Director, Entrepreneurs
of Tulsa:
Email
adam@stoermertraining.com or 865-256-2739
Admission: Free to members and member guests.
All others pay $20
at the door. Cash bar with light hors d'oeuvres buffet.
"Be
a Successful Entrepreneur"
What is your
Entrepreneurial pitch?
Volunteer for
presentation and feedback at ET's monthly meeting.
Let us use our experiences to give some value back to
Tulsa's entrepreneurial community. Each month
ET will host 2- 10 minute presentations for great new ideas and provide
feedback from our members.
THE CONCEPTUALIZED BUSINESS PLAN
THE NICHE Hook #1: Can we MAKE it?
The Value Concept for the Customer
(WHY buy?)
THE MARKET Hook #2: Can we SELL it?
The Demand-Driven Strategic Opportunity Target
(WHO buys, HOW MANY, WHEN, HOW, WHERE?)
THE RETURN Hook #3: Can we PROFIT from it?
The Financial Projections and their Timetables
(How much can we profit and when?)
THE NEED Hook #4: Can we COMMIT to it?
Success, Personal Investment, and Additional Financial Need Requirements
(How much we personally contributed, how much more we need, and what does it
take to succeed overall?)
THE INFRASTRUCTURE Hook #5: Can we PLAN it?
The Product and Marketing Considerations
The Organizational Considerations
The Legal Considerations
The Risk Management Considerations
The Operational Considerations
(What business functional plans need to be in place as the venture's
infrastructure?)
THE PEOPLE "FAKTS": Financials, Attitude, Knowledge, Timing, & Skills
Hook #6: Can we EXECUTE it?
The Management and Leadership of People
The Financial Management and Control of Money
(Ability to lead and manage people and money?)
THE DEAL Hook #7: Can we GROW it?
The External and Internal Performance Risks
(Evaluation and contingency plans to PROTECT the Value Concept’s Performance
against Threats?)
The Growing and Sustained Competitive Advantage Edge
(Growth and development plans to IMPROVE the Value Concept’s Sustained
Competitive Advantage Edge?)
The Future Possibilities
(International,harvesting, and/or exit prospects to EXPAND the Value Concept?)
George S. Vozikis, Ph.D., Bovaird Endowed Chair in Entrepreneurial Studies,
University of Tulsa, copyright
