funding
Bringing in the money men can be scary.
For many start-ups, finding the serious funding they need in order to grow their business is the hardest and scariest part of all. We will work with you to understand what your personal objectives are and how you might achieve them.
We'll work through the different options with you and help you work out whether you want to have investors, debt, strategic partners, or none and go for slower organic growth.
Whatever you choose we can help you create a business plan which you believe in and which you can present to a bank or an investor.
By Chris | December 13, 2009
How some technologies, however appealing, appear to take forever to be adopted by consumers.
We gathered around the screen, poking and prodding at it, experiencing for the first time the fun of finger painting using a digital paint system and a touch sensitive screen. The date? 1981. We were in the Royal College of Art computer lab, which used to occupy a fine Georgian building facing onto Kensington Gore. The computer was an Altair 8800; a proper computer with switches and lights on the front panel and an 8 bit external framestore. The paint program had been written by Brian Reffin Smith and we’d been lent one of the first commercial touchscreens (actually a clear screen to go in front of your monitor). I mention this because, finally, touchscreen computers are starting to make an impact in the mass market. That’s just 28 years later. In fact the first research touchscreens came out of the labs in the 1960s and the first commercial touchscreen computer (the HP-150) came out in 1983. What’s the betting that anyone looking to commercialise touchscreen technology would have written a business plan that foresaw consumer adoption as taking somewhere between 2 and 5 years. It’s just so good, so obvious, folks are bound to adopt it quickly. Any VCs out there invested in technology that they expect to reach the mass consumer market in 50 years? Thought not.
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Posted in funding | Tagged lifecycle, MBA, theory |
Why do we continue to put so much faith in these works of fiction?
It had been a fantastic morning. The four of us had been skiing with our guide and his wife off the Aiguille du Midi above Chamonix, carving perfect tracks through virgin slopes. We stopped to rest above yet another open snow field and to admire the view.
“I’ll go first, wait, and then one at a time” our guide instructed and set off down the slope.
Turn, turn, turn, and then suddenly, with absolutely no warning he disappeared. Simply vanished. All that was left was his hat on the snow.
It took a moment to realise that the hat was still on his head. He had broken a snow bridge across a crevasse and was balanced over the abyss with his shoulders pushed against one side and his skis the other.
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Posted in funding | Tagged commercial, theory |
By Chris | February 2, 2009
Building competitive edge into your products is more complex than ‘more is better’.
For those of us caught in the bloodbath of competitive battles (what Kim and Mauborgne call “Red Oceans” in their book “Blue Ocean Strategy”), what we dream of at night is competitive edge. What is the “killer feature”, “special offer”, or failing that just plain dirt on the competitor which you can use as an ace in closing deals with customers?
The textbooks talk about feature leadership, leading edge products, pushing the frontiers, agility, forward thinking, They encourage us to disrupt the normal market mechanics, not just to compete on faster, smaller, easier and ultimately, cheaper.
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