TIM – Week 1

Last time, I left you when my computer died.  Well, I did have the old-fashioned pen and paper to get me through the first session of BizWorks Center’s Start Smart program.  I thought I would share with you some of the things that happened and what I will be learning through the process.

Thaddeus Huff

First, the Executive Director of BizWorks introduced himself and the program.  He explained that the three components of a good “business builder” are:

1. The basics – Networking and education
2. Planning – Creating a model canvas and a business framework
3. Management Support – Utilizing BizWorks for advisors and HR assistance

Before introducing the Assistant Director, he explained the three main aspects of the Start Smart Program itself:

1. Creating your Model Canvas
2. Developing a Business Plan Framework
3. Working towards a Pitch Deck Competition

Tanner Collins

During this time, Tanner had each of the participants stand and share their name, the idea or working company and why they are investing in the Start Smart Program.  This time was very neat because there was SUCH a variety of businesses in the room!  I think we will learn a lot from each other!

Doug Carleton

Lastly, Doug Carleton, President of the BizWorks Board, talked with us about an array of business practitioners and outstanding business men – and why and how they became so successful.  I loved the part of the conversation about how communication has changed over time… starting with the newspaper, the radio – and now, Amazon.  Things have changed a lot.  But, still, word of mouth impacts a business almost more than anything.  He said, “You make someone happy and they will tell two people.  You make someone mad and they will tell ten people.”

< short break with cookies >

Then, Doug introduced the first stage of the program – the Model Canvas.  What is that?  Well, I’m glad you asked!  It is much like a business plan, but the process allows you to continually reevaluate as you develop and grow your business.  He said, “No business plan survives the first contact with a customer.”  So, the benefit of the Model Canvas, is that it is flexible and changeable.  What does it look like? It is a visual chart that allows you to strategic manage a startup template for developing business.  We got a blank chart, a stack of post-it notes and homework!

That’s right… homework.  I’ve got some work to do.  I’ll see you next week!