{"id":332,"date":"2017-03-14T09:15:27","date_gmt":"2017-03-14T09:15:27","guid":{"rendered":"https:\/\/bookinghawk.com\/startup-blog\/?p=332"},"modified":"2017-05-26T10:42:26","modified_gmt":"2017-05-26T10:42:26","slug":"week-5-night-1-business-case-document-and-team-makeup","status":"publish","type":"post","link":"https:\/\/bookinghawk.com\/online-booking-system\/week-5-night-1-business-case-document-and-team-makeup\/","title":{"rendered":"Night 9 \u2013 Business Case Document and Team Makeup"},"content":{"rendered":"<p><em>In 2017, I attended <a href=\"https:\/\/www.newfrontiers.ie\/about\">Phase 1<\/a> of the <a href=\"https:\/\/www.newfrontiers.ie\">New Frontiers Programme<\/a> which is run by <a href=\"https:\/\/www.enterprise-ireland.com\/en\/Start-a-Business-in-Ireland\/Supports-for-High-Potential-Start-Ups\/New-Frontiers-Entrepreneur-Development-Programme.html\">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 9\u00a0of the course.\u00a0When fully published, there will be 11 posts documenting all nights of Phase 1. To see a list of published posts, <a href=\"https:\/\/bookinghawk.com\/online-booking-system\/features\/enterprise-ireland-new-frontiers-programme-phase-1\/\">click here<\/a>.<\/em><\/p>\n<p>Tonight&#8217;s talk was split into two sections. The first part was once again led by <a href=\"https:\/\/twitter.com\/alanjcostello\">Alan Costello<\/a>. Alan spoke in general terms about The Lean Canvas that each member of the group had now submitted to him. He spoke about general improvements and things to be aware of and focus on when doing our second and third etc iterations of it. He then\u00a0talked about a Customer Value Proposition (<a href=\"http:\/\/www.slideshare.net\/PersianGuru\/developing-and-implementing-value-proposition\">seen on slide 7 of this slideshow<\/a>) and how different customer segments can be targeted with different versions of The Lean Canvas.<\/p>\n<p>Alan then spoke about the different types of growth that startups can experience and referenced the hockey stick graph versus a straight line growth graph. After a\u00a0further group exercise around The Lean Canvas, some useful and informative interaction occurred between Alan and the group. Some takeaways from this were:<\/p>\n<ul>\n<li>A business should have as many streams of revenue as possible but it is only ever realistic and productive to focus on one or two revenue streams at a time.<\/li>\n<li>As a team grows and scales, it is important to hire people better than you at the job you are hiring them for. So in my case, it would not be difficult to hire a better salesperson. However, it would make no sense to hire a developer that is not as experienced or skilled as I am.<\/li>\n<\/ul>\n<p>Some other useful action items came out of tonight as a result of conversations with other participants.<\/p>\n<h2>Completing Phase 1 Of The New Frontiers Programme<\/h2>\n<p>The second part of tonight&#8217;s talk was led by <a href=\"https:\/\/twitter.com\/ClaireMacNamee\">Claire MacNamee<\/a>\u00a0and focused on what was required from us to formally complete Phase 1 of the New Frontiers programme. Namely, a 4-minute pitch followed by a 1\u00a0minute Q&amp;A as well as the submission of a Business Case Document. Claire explained that the completion of Phase 1 is separate to the application for Phase\u00a02 and answered some\u00a0general questions\u00a0around the presentation and Business Case Document.<\/p>\n<p>Overall, another worthwhile night of a programme that is flying by.<\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-1-intorduction\/\">Night 1\u00a0\u2013 Introduction<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a class=\"row-title\" href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-2-idea-exploration-and-creative-thinking\/\">Night 2 \u2013 Idea Exploration and Creative Thinking<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read <a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-3-market-opportunity-problem-pain-id\/\">Night 3 \u2013 Market Opportunity Problem \/ Pain ID<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read <a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-4-market-analysis-customer-identification\/\">Night 4 \u2013 Market Analysis \/ Customer Identification<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-5-route-to-market\/\">Night 5 \u2013 Route To Market<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-6-lean-business-model-canvas\/\">Night 6 &#8211; Lean Business Model Canvas<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-7-marketing-communications\">Night 7 &#8211; Marketing Communications<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-8-legal-issues\/\">Night 8 &#8211; Legal Issues<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-10-financial-planning\/\">Night 10 \u2013 Financial Planning<\/a><\/strong><\/em><\/p>\n<p><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/nights-11-12-presenting-the-case\/\">Nights 11 &amp; 12 \u2013 Presenting The Case<\/a><\/strong><\/p>\n<p>BookingHawk.com is an ideal diary and booking system for small businesses. If you know someone that would benefit from an online booking system,\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/contact-booking-hawk\/\"> 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&#8217;t\u00a0be less hassle for you to help a couple of Irish businesses to grow!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/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":[102,133,66,103,64,65,67,134,135],"class_list":["post-332","post","type-post","status-publish","format-standard","hentry","category-bookinghawk-com","tag-alan-costello","tag-claire-macnamee","tag-enterprise-ireland","tag-it-tallaght","tag-new-frontiers","tag-new-frontiers-phase-1","tag-synergy-centre","tag-team-makeup","tag-the-lean-canvas"],"_links":{"self":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/332","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=332"}],"version-history":[{"count":12,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/332\/revisions"}],"predecessor-version":[{"id":717,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/332\/revisions\/717"}],"wp:attachment":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/media?parent=332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/categories?post=332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/tags?post=332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}