SlideShare a Scribd company logo
An Entrepreneur's Journey
The Start Up
Ferguson Global Consulting
jjferguson@comcast.net
Phone 856 981-8253
We will take
you from the
spark of the
idea, through
the business
review process
and to the
launch of the
start-up
Let's get started.
on the start up.,
cc: marksweb - https://www.flickr.com/photos/92166740@N00
Even a mouse can start a Business
you need an idea, partnerships and courage.
cc: armadillo444 - https://www.flickr.com/photos/8062328@N02
Founders can have
Diverse backgrounds and responsibilities.
Spark of Idea
Is this a business opportunity?
cc: KhaledR - https://www.flickr.com/photos/34809507@N05
Customer Support and Teamwork
Both Small and Large Projects.
What Opportunity or Passion will the business address?
cc: alant79 - https://www.flickr.com/photos/31798876@N02
From small beginnings.
Why small and large projects?
Come great things.
cc: Brandon.Levinger - https://www.flickr.com/photos/34205304@N05
What is the product?
What is our next step?
cc: twid - https://www.flickr.com/photos/48741368@N00
How do you know?
We have a great product design.
cc: AB Open - https://www.flickr.com/photos/99038411@N04
Market Research
Indicates a Great Opportunity!
Will Customers see the Value?
We also verified the product design.
cc: Images_of_Money - https://www.flickr.com/photos/59937401@N07
What is the Business Plan?
Required Investment, Cash Flow, etc.
cc: Dave Dugdale - https://www.flickr.com/photos/37387065@N05
How will you structure the business?
What do you mean? We're partners!
Will you be an LLC, C-Corp? The choice has
Legal and Financial impact.
Business structure vs.
Organization structure.
These words sound similar, but
they have different meanings.
Business structure refers to the
legal status of a company, such as
sole proprietorship, partnerships
or corporation, involving tax status
and legal regulations
is helpful to define responsibilities.
An organizational structure
Family, Friends, Colleagues.
Who are the initial employees?
cc: vxla - https://www.flickr.com/photos/14812197@N00
We're ready to Launch the Business!
We have the Product, Research, and Plan.
cc: NASA Goddard Photo and Video - https://www.flickr.com/photos/24662369@N07
What is the Value Proposition?
Whoa, Slow Down, Stop.
cc: Curtis Gregory Perry - https://www.flickr.com/photos/33124677@N00
Basically what is the Business Model?
How will you create, deliver and capture value?
cc: juhansonin - https://www.flickr.com/photos/38869431@N00
Providing useful marketing content.
How will customers learn about you?
cc: spike55151 - https://www.flickr.com/photos/20561948@N00
Buying from us will be easy. How?
What are you really offering?
cc: Pete Prodoehl - https://www.flickr.com/photos/35237092540@N01
Easy to use Website
helping customers find what they need.
cc: Stéfan - https://www.flickr.com/photos/49462908@N00
we have immediate and free technical support.
If customers have additional questions
Essential Products
will be available off the shelf.
cc: mightyohm - https://www.flickr.com/photos/28042570@N08
Special or Standard Product.
Do you need one or thousands? No Problem.
cc: todbot - https://www.flickr.com/photos/35034345966@N01
Credit Card, Bank Transfers, PayPal, etc.
Easy Payment
cc: 4nitsirk - https://www.flickr.com/photos/26223114@N02
Precision.
Our Products will be known for
High Performance.
Our Product will also be known for
We will make returns or repairs fast and easy.
Despite the best quality, issues will occur!
cc: W.D. Vanlue - https://www.flickr.com/photos/33869420@N00
Who are the Customers?
Engineers, Scientist, Technicians, Students, Research
cc: pennstatenews - https://www.flickr.com/photos/53130103@N05
Directly service customers eliminate the pass-off.
What other ways will you make it easy?
Provide Fast Delivery.
Same day from stock and short lead times on specials.
cc: jcwpdx - https://www.flickr.com/photos/39437133@N00
We are a Supportive and Trusted Friend.
What is the message to the customers?
cc: Joi - https://www.flickr.com/photos/35034362831@N01
Can we launch now?
Okay, we have outlined the Value Proposition.
cc: NASA's Marshall Space Flight Center - https://www.flickr.com/photos/28634332@N05
We need to review a
Few more steps.
cc: Gwenaël Piaser - https://www.flickr.com/photos/22841923@N02
What Resources
are critical to your success?
cc: K.H.Reichert - https://www.flickr.com/photos/129285091@N07
Strategic and Essential.
These resources are
cc: Mukumbura - https://www.flickr.com/photos/11738433@N03
Digital Marketing
is critical to our success.
cc: DigitalRalph - https://www.flickr.com/photos/14433900@N03
Customer focused and technically capable.
Sales Engineering Talent
Our proprietary and exceptionally fast
Order and Fulfillment Process.
cc: adavidholloway - https://www.flickr.com/photos/55227146@N07
Flexible Manufacturing
Ability to provide variations to core design.
cc: Shield Connectors - https://www.flickr.com/photos/45764919@N02
Raw Materials.
Stock of long lead time and special
cc: We have moved! Please visit /highwaysengland - https://www.flickr.com/photos/45393120@N07
will you Net a Profit?
I see a good value proposition for the customer
cc: eioua - https://www.flickr.com/photos/19185494@N00
Let's see, our
costs and
overhead are
low.
The product
conversion
provides high
value.
Yes we should be
Profitable!
cc: Great Beyond - https://www.flickr.com/photos/26104563@N00
Launch the Business!
NOW, you are ready.
cc: lecates - https://www.flickr.com/photos/23688516@N00
If you are having
challenges moving
your business to the
next level,
contact
Ferguson Global
Consulting.
We bring success
into focus in today's
changing world.
49
jjferguson@comcast.net
Phone 856 981-8253
FGC's expertise includes
• Sales Growth and Business Development
• Product Development
• Manufacturing Transformation
• Supply Chain Enhancement
• Talent Development and Recruitment
• M&A Due Diligence and Integration
• Global Expansion and Scale Up
50
Ferguson Global
Consulting
jjferguson@comcast.net
Ferguson Global Consulting
Applied Business Knowledge
jjferguson@comcast.net
Phone 856 981-8253

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An entrepreneur's journey - the start up

  • 1. An Entrepreneur's Journey The Start Up Ferguson Global Consulting jjferguson@comcast.net Phone 856 981-8253
  • 2. We will take you from the spark of the idea, through the business review process and to the launch of the start-up
  • 3. Let's get started. on the start up., cc: marksweb - https://www.flickr.com/photos/92166740@N00
  • 4. Even a mouse can start a Business you need an idea, partnerships and courage. cc: armadillo444 - https://www.flickr.com/photos/8062328@N02
  • 5. Founders can have Diverse backgrounds and responsibilities.
  • 6. Spark of Idea Is this a business opportunity? cc: KhaledR - https://www.flickr.com/photos/34809507@N05
  • 7. Customer Support and Teamwork Both Small and Large Projects. What Opportunity or Passion will the business address? cc: alant79 - https://www.flickr.com/photos/31798876@N02
  • 8. From small beginnings. Why small and large projects?
  • 9. Come great things. cc: Brandon.Levinger - https://www.flickr.com/photos/34205304@N05
  • 10. What is the product? What is our next step? cc: twid - https://www.flickr.com/photos/48741368@N00
  • 11. How do you know? We have a great product design. cc: AB Open - https://www.flickr.com/photos/99038411@N04
  • 12. Market Research Indicates a Great Opportunity!
  • 13. Will Customers see the Value? We also verified the product design. cc: Images_of_Money - https://www.flickr.com/photos/59937401@N07
  • 14. What is the Business Plan? Required Investment, Cash Flow, etc. cc: Dave Dugdale - https://www.flickr.com/photos/37387065@N05
  • 15. How will you structure the business? What do you mean? We're partners!
  • 16. Will you be an LLC, C-Corp? The choice has Legal and Financial impact.
  • 17. Business structure vs. Organization structure. These words sound similar, but they have different meanings. Business structure refers to the legal status of a company, such as sole proprietorship, partnerships or corporation, involving tax status and legal regulations
  • 18. is helpful to define responsibilities. An organizational structure
  • 19. Family, Friends, Colleagues. Who are the initial employees? cc: vxla - https://www.flickr.com/photos/14812197@N00
  • 20. We're ready to Launch the Business! We have the Product, Research, and Plan. cc: NASA Goddard Photo and Video - https://www.flickr.com/photos/24662369@N07
  • 21. What is the Value Proposition? Whoa, Slow Down, Stop. cc: Curtis Gregory Perry - https://www.flickr.com/photos/33124677@N00
  • 22. Basically what is the Business Model? How will you create, deliver and capture value? cc: juhansonin - https://www.flickr.com/photos/38869431@N00
  • 23. Providing useful marketing content. How will customers learn about you? cc: spike55151 - https://www.flickr.com/photos/20561948@N00
  • 24. Buying from us will be easy. How? What are you really offering? cc: Pete Prodoehl - https://www.flickr.com/photos/35237092540@N01
  • 25. Easy to use Website helping customers find what they need. cc: Stéfan - https://www.flickr.com/photos/49462908@N00
  • 26. we have immediate and free technical support. If customers have additional questions
  • 27. Essential Products will be available off the shelf. cc: mightyohm - https://www.flickr.com/photos/28042570@N08
  • 28. Special or Standard Product. Do you need one or thousands? No Problem. cc: todbot - https://www.flickr.com/photos/35034345966@N01
  • 29. Credit Card, Bank Transfers, PayPal, etc. Easy Payment cc: 4nitsirk - https://www.flickr.com/photos/26223114@N02
  • 31. High Performance. Our Product will also be known for
  • 32. We will make returns or repairs fast and easy. Despite the best quality, issues will occur! cc: W.D. Vanlue - https://www.flickr.com/photos/33869420@N00
  • 33. Who are the Customers? Engineers, Scientist, Technicians, Students, Research cc: pennstatenews - https://www.flickr.com/photos/53130103@N05
  • 34. Directly service customers eliminate the pass-off. What other ways will you make it easy?
  • 35. Provide Fast Delivery. Same day from stock and short lead times on specials. cc: jcwpdx - https://www.flickr.com/photos/39437133@N00
  • 36. We are a Supportive and Trusted Friend. What is the message to the customers? cc: Joi - https://www.flickr.com/photos/35034362831@N01
  • 37. Can we launch now? Okay, we have outlined the Value Proposition. cc: NASA's Marshall Space Flight Center - https://www.flickr.com/photos/28634332@N05
  • 38. We need to review a Few more steps. cc: Gwenaël Piaser - https://www.flickr.com/photos/22841923@N02
  • 39. What Resources are critical to your success? cc: K.H.Reichert - https://www.flickr.com/photos/129285091@N07
  • 40. Strategic and Essential. These resources are cc: Mukumbura - https://www.flickr.com/photos/11738433@N03
  • 41. Digital Marketing is critical to our success. cc: DigitalRalph - https://www.flickr.com/photos/14433900@N03
  • 42. Customer focused and technically capable. Sales Engineering Talent
  • 43. Our proprietary and exceptionally fast Order and Fulfillment Process. cc: adavidholloway - https://www.flickr.com/photos/55227146@N07
  • 44. Flexible Manufacturing Ability to provide variations to core design. cc: Shield Connectors - https://www.flickr.com/photos/45764919@N02
  • 45. Raw Materials. Stock of long lead time and special cc: We have moved! Please visit /highwaysengland - https://www.flickr.com/photos/45393120@N07
  • 46. will you Net a Profit? I see a good value proposition for the customer cc: eioua - https://www.flickr.com/photos/19185494@N00
  • 47. Let's see, our costs and overhead are low. The product conversion provides high value. Yes we should be Profitable! cc: Great Beyond - https://www.flickr.com/photos/26104563@N00
  • 48. Launch the Business! NOW, you are ready. cc: lecates - https://www.flickr.com/photos/23688516@N00
  • 49. If you are having challenges moving your business to the next level, contact Ferguson Global Consulting. We bring success into focus in today's changing world. 49 jjferguson@comcast.net Phone 856 981-8253
  • 50. FGC's expertise includes • Sales Growth and Business Development • Product Development • Manufacturing Transformation • Supply Chain Enhancement • Talent Development and Recruitment • M&A Due Diligence and Integration • Global Expansion and Scale Up 50 Ferguson Global Consulting jjferguson@comcast.net
  • 51. Ferguson Global Consulting Applied Business Knowledge jjferguson@comcast.net Phone 856 981-8253