Mike & Phyllis Peabody, owners of Hollywood fitness repair will
be telling the story of their entrepreneurial journey -
"from
BOOTSTRAPPIN' TO TAP DANCING"
And in their words "the story actually is quite
encouraging for anyone who is stepping out into their business venture."
Mike and Phyllis had been
running Hollywood Fitness Repair for more than three years, making money and
slowly gaining clients for their company that repairs exercise equipment for
fitness clubs and companies with employee workout areas.
"We were working out of
converted bedrooms in our house," said owner Mike Peabody. "It just doesn't work
after a while."
In 2009 the couple
moved from their suburban business-in-home lifestyle to the downtown Tulsa
Collaboratorium. Come hear their intriguing story of transforming their business
model into a growth venture for the future and of their day-to-day activity in
one of the Tulsa area's premier business incubators.
Please
RSVP to Frank Wilcox, Entrepreneurs of Tulsa: Email
fwilcox111@cox.net
or
918-231-6918
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
