{"id":242,"date":"2017-02-24T12:46:01","date_gmt":"2017-02-24T12:46:01","guid":{"rendered":"https:\/\/bookinghawk.com\/startup-blog\/?p=242"},"modified":"2017-05-26T10:35:42","modified_gmt":"2017-05-26T10:35:42","slug":"night-1-intorduction","status":"publish","type":"post","link":"https:\/\/bookinghawk.com\/online-booking-system\/night-1-intorduction\/","title":{"rendered":"Night 1 – Introduction"},"content":{"rendered":"

In 2017, I attended Phase 1<\/a> of the New Frontiers Programme<\/a> which is run by Enterprise Ireland<\/a>. The programme ran two nights a week over six weeks. There was no fee to attend. I would highly recommend this programme to anyone starting a new enterprise, whether your idea is just an idea or is a semi-developed product. What follows is a post\u00a0which gives an outline of\u00a0night 1 of the course.\u00a0When fully published, there will be 11 posts documenting all nights of Phase 1. To see a list of published posts, click here<\/a>.<\/p>\n

Opening night was held in The Synergy Centre in the Institute of Technology Tallaght<\/a> and it was very positive. The session started at 5.30pm but as soon as\u00a0I arrived at 5.20pm I was in a room with 21\u00a0entrepreneurs chatting. I immediately learned that the course was not open to all and that some attendees knew of people that applied that didn’t get accepted. This was encouraging to hear. Our facilitators for the evening brought us to our classroom and talked about what lay ahead for the next 6 weeks. Alan Costello<\/a>\u00a0ran the session and brought us through a slide show explaining\u00a0both his and the programmes background.\u00a0We were given some recommended reading in the form of a book,\u00a0The Lean Startup<\/a>\u00a0as well as some blogs, namely Steve Blank<\/a>\u00a0and Mark Suster<\/a>. \u00a0After a short break, Alan turned the tables and had each of the 22 attendees give a 1-minute talk about their business idea. It was interesting from the point of view that almost all of the 21 ideas were really great. Out of these, there were easily 3 rock solid ideas that sound like real winners. As we signed a non-disclosure agreement I cannot go into detail.\u00a0Already, ideas were bouncing between the\u00a0entrepreneurs and potential mutually beneficial relationships were being formed.<\/p>\n

An interesting thing that Alan mentioned was, it is important not to think about capturing 1% of your target market knowing that it will achieve your financial targets. The danger with that is that 1% is so insignificant (regardless of actual size) that a small change in the environment (new competitor, new regulations, new investment from existing competitors) can quickly erode your market share.<\/p>\n

Read\u00a0Night 2 \u2013 Idea Exploration and Creative Thinking<\/a><\/strong><\/em><\/p>\n

Read Night 3 \u2013 Market Opportunity Problem \/ Pain ID<\/a><\/strong><\/em><\/p>\n

Read Night 4 \u2013 Market Analysis \/ Customer Identification<\/a><\/strong><\/em><\/p>\n

Read\u00a0Night 5 \u2013 Route To Market<\/a><\/strong><\/em><\/p>\n

Read\u00a0Night 6 – Lean Business Model Canvas<\/a><\/strong><\/em><\/p>\n

Read\u00a0Night 7 – Marketing Communications<\/a><\/strong><\/em><\/p>\n

Read\u00a0Night 8 \u2013 Legal Issues<\/a><\/strong><\/em><\/p>\n

Read\u00a0Night 9 \u2013 Business Case Document and Team Makeup<\/a><\/strong><\/em><\/p>\n

Read\u00a0Night 10 \u2013 Financial Planning<\/a><\/strong><\/em><\/p>\n

Read\u00a0Nights 11 & 12 \u2013 Presenting The Case<\/strong><\/em><\/a><\/p>\n

If you know someone that would benefit from online booking, please let me know about them<\/a>. I will send you a two paragraph email for you to forward to your friend so it couldn’t\u00a0be less hassle for you to help a couple of Irish businesses to grow!<\/p>\n","protected":false},"excerpt":{"rendered":"

In 2017, I attended Phase 1 of the New Frontiers Programme which is run by Enterprise Ireland. The programme ran two nights a week over six weeks. There was no fee to attend. I would highly recommend this programme to anyone starting a new enterprise, whether your idea is just an idea or is a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[102,66,64,65,67,105],"class_list":["post-242","post","type-post","status-publish","format-standard","hentry","category-bookinghawk-com","tag-alan-costello","tag-enterprise-ireland","tag-new-frontiers","tag-new-frontiers-phase-1","tag-synergy-centre","tag-the-lean-startup"],"_links":{"self":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/comments?post=242"}],"version-history":[{"count":24,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/242\/revisions"}],"predecessor-version":[{"id":705,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/242\/revisions\/705"}],"wp:attachment":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/media?parent=242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/categories?post=242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/tags?post=242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}