bootstrap startup framework

29
© 2012 Keno R. Mullings. http://TheMullingsGroup.com 1

Upload: the-mullings-group

Post on 11-May-2015

1.730 views

Category:

Business


0 download

DESCRIPTION

Bootstrap Startup is a step-by-step process by which entrepreneurs can start their purpose-driven businesses with low cost and minimized risk by leveraging free and low cost technology and resources.Learn more @ BootstrapBootcamps.com

TRANSCRIPT

Page 1: Bootstrap Startup Framework

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

1

Page 2: Bootstrap Startup Framework

Bootstrap Startup Framework

Your business is an extension of that question you are called to answer.

2© 2012 Keno R. Mullings. http://TheMullingsGroup.com

Page 3: Bootstrap Startup Framework

Outline

1. What is a Purpose-Driven Business?

2. Bootstrap Startup Framework

3. Bootstrap Startup Model

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

3

Page 4: Bootstrap Startup Framework

WHAT IS A PURPOSE-DRIVEN BUSINESS?

Making money is a consequence of doing good business and not the reason.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

4

Page 5: Bootstrap Startup Framework

Purpose-Driven Business

Making money is a consequence of doing good business and not the reason.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

5

Page 6: Bootstrap Startup Framework

Purpose-Driven Business

Your business is an extension of that question you are called to answer.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

6

Page 7: Bootstrap Startup Framework

Purpose-Driven Business

That question you are called to answer is birthed from your purpose.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

7

Page 8: Bootstrap Startup Framework

Purpose-Driven Business

Businesses exist for two reasons only:

1. To solve problems

2. To provide a platform for individuals to live their purpose

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

8

Page 9: Bootstrap Startup Framework

Purpose-Driven Business

To the extent that you accomplish these objectives and tell enough of the “right people” (your market or those who influence your market), you will make.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

9

Page 10: Bootstrap Startup Framework

Purpose-Driven Business

A business is a framework for individuals to use their Ingredients as a tool to meet the needs of their people.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

10

Page 11: Bootstrap Startup Framework

What Are Your Ingredients?

Vision

Roles

Core Values

Strengths/Gifts/Talents

Purpose

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

11

Page 12: Bootstrap Startup Framework

Who Are Your People?

Your Clients Your Customer Segments Your Market Those in Need

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

12

Page 13: Bootstrap Startup Framework

THE FRAMEWORK

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

13

Page 14: Bootstrap Startup Framework

The Framework

RunTestStart

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

14

Page 15: Bootstrap Startup Framework

The Framework: Start

1. Know your Ingredients

2. Listen for your people’s problems/pain points/needs

3. Which needs can your Ingredients be a solution to?

4. List the solutions to these needs?

5. How does it make your people feel?

6. Create a business model© 2012 Keno R. Mullings.

http://TheMullingsGroup.com15

Page 16: Bootstrap Startup Framework

The Framework: Start

Complete a Customer Needs Analysis to help you with…

4. List the solutions to these needs?

5. How does it make your people feel?

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

16

Page 17: Bootstrap Startup Framework

The Framework: Customer Needs Analysis

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

17

My People Their Problems/Needs My Solutions Value Propositions Products/Services

Page 18: Bootstrap Startup Framework

The Framework: Test

7. Verify the business model

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

18

Page 19: Bootstrap Startup Framework

The Framework: Run

8. Use your Ingredients to solve your people’s problems physically and emotionally; meet their needs

9. Tell the right people about what you do and what you’ve done

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

19

Page 20: Bootstrap Startup Framework

BOOTSTRAP STARTUP MODEL

A step-by-step process by which entrepreneurs can start their purpose-driven businesses with low cost and minimized risk by leveraging free and low cost technology and resources.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

20

Page 21: Bootstrap Startup Framework

Bootstrap Startup Model

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

21

Page 22: Bootstrap Startup Framework

Bootstrap Startup Model

The Bootstrap Startup Model marries the Strategic Life Plan System with the Business Model Canvas and Customer Development.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

22

Page 23: Bootstrap Startup Framework

Bootstrap Startup Model

The Bootstrap Startup Model is designed to be easy to use for microbusinesses.

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

23

Page 24: Bootstrap Startup Framework

Bootstrap Startup Model

Micro Business A small business that is privately owned

and operated, with five or fewer employees

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

24

Page 25: Bootstrap Startup Framework

Bootstrap Startup Model

1. Strategic Life Plan

2. Foundation

3. Start

4. Marketing

5. Sales

6. Execution

7. Resources

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

25

Page 26: Bootstrap Startup Framework

Bootstrap Startup Deliverables

1. Strategic Life Plan1. Assessment

2. Ingredients

2. Bootstrap Startup Workbook

3. Customer Needs Analysis

4. Business Model Canvas

5. Channel Development

6. Bootstrap Startup Financials

7. Customer Surveys

8. Bootstrap Startup Marketing Plan

9. Bootstrap Startup Marketing Tasks

10. Repeatable Sales Process

11. Business Plan

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

26

Page 27: Bootstrap Startup Framework

Get More, Do More…

Purchase the complete Bootstrap Startup Workbook from our private store @

http://bootstrapbootcamps.com/bootstrap-startup-workbook/

Now until July 21st get $5 off all orders

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

27

Page 28: Bootstrap Startup Framework

28

Contact Info

Connect: http://www.linkedin.com/in/kmullings Follow:   http://twitter.com/KenoMullings Consult:   http://TheMullingsGroup.com Learn:   http://BootstrapBootcamps.com Discover: http://StrategicLifePlanSystem.com Call: (617) 299-6871

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

Page 29: Bootstrap Startup Framework

© 2012 Keno R. Mullings. http://TheMullingsGroup.com

29