Emilia and I presented this to the Southworks maker lab network on 5-31-17. I thought it might be helpful to those considering a product launch. We also discussed various technologies in production - 3D imaging, 3D print, laser, cnc, etc.
Janice Dunphy and Tracey Bancroft present on some of the operational issues facing an indoor play centre operator and practical solutions to make your centre more successful.
Presentation from Ken Marr of Targeting Innovation 'Exploiting Intellectual Assets - There’s a lot more to intellectual assets than just patents and trademarks.
Find out about the assets that you are not protecting or exploiting'
Janice Dunphy and Tracey Bancroft present on some of the operational issues facing an indoor play centre operator and practical solutions to make your centre more successful.
Presentation from Ken Marr of Targeting Innovation 'Exploiting Intellectual Assets - There’s a lot more to intellectual assets than just patents and trademarks.
Find out about the assets that you are not protecting or exploiting'
IDML Products helps inventors to become entrepreneurs by providing guidance on turning their inventions into a real business
If you would like to learn more then book yourself in for a FREE 30-40 minutes strategy meeting via Skype with our CEO.
Simply follow the link following link
http://samer284.wixsite.com/survey
Want to build your own startup or software consulting company, but don't know how to get started? Join McGill Alumni Alex Dergachev and Suzanne Kennedy for a talk on taking the entrepreneurship path and getting your business up and running. We'll discuss the pros and cons of consulting vs. doing a startup, the benefits of open source, how to succeed financially, and how to get involved in Montreal's tech community.
Alex and Suzanne graduated from McGill University in 2007 and started Evolving Web, a company specializing in open source web development. Over the last five years, Evolving Web has used frameworks including Ruby on Rails, Drupal, and Backbone.js and has built enterprise-level projects for clients like McGill University, Travelocity and A&E Television Networks.
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Everything you need to know about an investment and fundraising for start-ups. The presentation covers all different sources of financing for high growth companies:
- Bootstrapping and the four Fs
- Angel investors
- Startup accelerators
- Venture capital funds
- Investment documentation
- Alternative funding sources (crowdfunding, etc.)
- Grants and incentives
In the presentation you will also find some basics how to prepare your investment documentation and how to pitch to venture capital investors.
No startup business experiences the same journey to success, but there are general stages that most companies move through as they grow:
1) Validation
2) Product Development
3) Commercialization
4) Scale/Growth
The Center for Entrepreneurial Innovation (CEI) helps its clients through these stages of business development and offers best practices for each stage. Represented by an amazing lineup of speakers, including Hart Shafer (Innovation Coach / Founder, Theraspecs), Eric Miller (Principal, PADT Inc.), Nate Curran (Entrepreneur-in-Residence, CEI) and Russ Yelton (CEO, Pinnacle Transplant Technologies, "The Startup Lifecycle" presentation offers unique insights and best practices for entrepreneurs growing their business.
Speaker: Raphael Ronen, Commercialization Manager, The Innovations Group (TIG)
Within universities and research institutions there are no shortage of good ideas; but not all of those ideas make commercial sense. In this lecture, we explore what makes a technology worthwhile commercializing. We also touch on some of the lessons we can take from the university setting and apply to any start-up technology.
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How to scale your tech startup for the winEspeo Software
Not many startups make it. You either scale the right way - or you die. Let's discuss the typical problems and demonstrate solutions focused on software development - based on real-life scenarios of tech startups.
How, as a burgeoning company, should you fit intellectual property investment into your business strategy? We outline Typical IP strategies for startups and help advise how to value factors such as risk, counter assertions and more.
Earthsoft Foundation of Guidance (EFG) is working as an NGO/NPO for students - Education & Career
guidance and for Professionals for soft skills enhancements. I am working on speading , sharing
knowledge; experience globally.It has uploaded important presentations at http://myefg.in/downloads.aspx.
Also https://dl.dropbox.com/u/83265908/Links-events.xls has links for all ppt files.
Read http://tl.gd/jm1gh5
Be mentor using your education, knowledge & experience to contribute for a social cause & do conduct
free training/ workshop seeking help of existing platforms like rotary,etc
Kindly spread to your friends.Thank you!
- Earthsoft Foundation of Guidance
Let us make earth little softer..
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
IDML Products helps inventors to become entrepreneurs by providing guidance on turning their inventions into a real business
If you would like to learn more then book yourself in for a FREE 30-40 minutes strategy meeting via Skype with our CEO.
Simply follow the link following link
http://samer284.wixsite.com/survey
Want to build your own startup or software consulting company, but don't know how to get started? Join McGill Alumni Alex Dergachev and Suzanne Kennedy for a talk on taking the entrepreneurship path and getting your business up and running. We'll discuss the pros and cons of consulting vs. doing a startup, the benefits of open source, how to succeed financially, and how to get involved in Montreal's tech community.
Alex and Suzanne graduated from McGill University in 2007 and started Evolving Web, a company specializing in open source web development. Over the last five years, Evolving Web has used frameworks including Ruby on Rails, Drupal, and Backbone.js and has built enterprise-level projects for clients like McGill University, Travelocity and A&E Television Networks.
Turning Products into Companies – Case – Actuality SystemsMichael Skok
Through this case example, Actuality Systems Founder Gregg Favalora offers helpful insight into the path Actuality took from product design, to its acquisition by Optics for Hire in 2009 - and the ultimate patent sale (and exit) in 2011. Offering an insider’s view of building and commercializing 3D display products, Gregg offers his thoughts on some powerful lessons he learned as he grew his company.
Everything you need to know about an investment and fundraising for start-ups. The presentation covers all different sources of financing for high growth companies:
- Bootstrapping and the four Fs
- Angel investors
- Startup accelerators
- Venture capital funds
- Investment documentation
- Alternative funding sources (crowdfunding, etc.)
- Grants and incentives
In the presentation you will also find some basics how to prepare your investment documentation and how to pitch to venture capital investors.
No startup business experiences the same journey to success, but there are general stages that most companies move through as they grow:
1) Validation
2) Product Development
3) Commercialization
4) Scale/Growth
The Center for Entrepreneurial Innovation (CEI) helps its clients through these stages of business development and offers best practices for each stage. Represented by an amazing lineup of speakers, including Hart Shafer (Innovation Coach / Founder, Theraspecs), Eric Miller (Principal, PADT Inc.), Nate Curran (Entrepreneur-in-Residence, CEI) and Russ Yelton (CEO, Pinnacle Transplant Technologies, "The Startup Lifecycle" presentation offers unique insights and best practices for entrepreneurs growing their business.
Speaker: Raphael Ronen, Commercialization Manager, The Innovations Group (TIG)
Within universities and research institutions there are no shortage of good ideas; but not all of those ideas make commercial sense. In this lecture, we explore what makes a technology worthwhile commercializing. We also touch on some of the lessons we can take from the university setting and apply to any start-up technology.
Part of the CIBC Presents Entrepreneurship 101 lecture series: http://www.marsdd.com/ent101
How to scale your tech startup for the winEspeo Software
Not many startups make it. You either scale the right way - or you die. Let's discuss the typical problems and demonstrate solutions focused on software development - based on real-life scenarios of tech startups.
How, as a burgeoning company, should you fit intellectual property investment into your business strategy? We outline Typical IP strategies for startups and help advise how to value factors such as risk, counter assertions and more.
Earthsoft Foundation of Guidance (EFG) is working as an NGO/NPO for students - Education & Career
guidance and for Professionals for soft skills enhancements. I am working on speading , sharing
knowledge; experience globally.It has uploaded important presentations at http://myefg.in/downloads.aspx.
Also https://dl.dropbox.com/u/83265908/Links-events.xls has links for all ppt files.
Read http://tl.gd/jm1gh5
Be mentor using your education, knowledge & experience to contribute for a social cause & do conduct
free training/ workshop seeking help of existing platforms like rotary,etc
Kindly spread to your friends.Thank you!
- Earthsoft Foundation of Guidance
Let us make earth little softer..
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
What You're Going to Learn
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- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
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Reflect Festival Limassol May 2024.
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Explore Sarasota Collection's exquisite and long-lasting dining table sets and chairs in Sarasota. Elevate your dining experience with our high-quality collection!
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Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
2. • Space
• Financing For Equipment
• Access to Technology
• Training
• Staffing
• Technical Skills:
Engineering, CAD/CAM
Designers, Prototyping
BARRIERS TO ENTRY
3. Z-axis is a place where inventors, designers, artisans, craftspeople,
and engineers can share equipment, technology, and ideas to
launch their next creation.
Z-axis offers a range of memberships levels geared toward artists,
makers and small businesses. The 30,000 s.f. space with $500K in
equipment and 9 production staff, providing resources for Members
who want to scale beyond a start-up shop or “DIY” home-based
location.
Fundamentally, Z-axis fosters a community for creative stimulation,
collaboration, education, and entrepreneurship.
SHARED MANUFACTURING
4. SIX ZONES & THREE ACCESS POINTS
Print
•Wide Format
•Giclee & Textiles
•DTG, Dye Sub, Museum Quality
Tech Shop
•3D Scan & Print
•Laser
Industrial
•Wood Shop, CNC,
•Metal Shop, Fabrication & Welding
•Paint Booth
Textile & Fashion
•Design to Production
•Partnership with Apparel Industry Board
•Mannequins, Button Hole, Lockstitch, Cover Stitch
Photo – Video Lab
•DSLR Cameras & 4K Video
•Green Screens, Lights
•Customizable LED Lights
Playground
•Events, Networking, Social
•Gallery
•Classes, Seminars
Membership
• Basic
• A la Carte
• Pro
Production
• Full or Partial - You
decide
• Dedicated Team
• Fulfillment
Events & Education
• Gallery
• Events – Networking,
Social
• Classes, Collaboration
7. Plan – ORC
• Objective
• Resources
• Time
• Money
• Staff
• Technology
• Space
• Constraints
• Time
• Money
• Staff
• Technology
• Space
8. Plan – Before you Produce
• Elevator Pitch – 30 seconds
• Your Story – 1 to 2 short paragraphs
• Executive Summary 2 pages max.
The summary should discuss:
• the company and team;
• the market opportunity, value proposition, and customers;
• the technology/innovation;
• key technology risks to be addressed by this effort;
• and the competition.
9. Business Plan
• SBA.gov and SCORE have easy to use templates –
start with those and edit as needed.
• Key pieces: P&L, Income Statement, Balance
Sheet.
• Separate out your Capital Expenditures and your
Operating Expenditures
• Keep it basic – you don’t know enough to project out
for 10 years or even 5 –
• Do market research to substantiate your numbers –
write down your references.
• Update Regularly – keep the old versions
10. Protect
• Copyright – easy, inexpensive, fairly long-term, fairly
easy to defend
• Branding & Trademark – moderately easy,
reasonably priced, lasts indefinitely with renewal,
easy to defend
• Patent – very difficult, very expensive, limited life,
difficult to protect – but it matters
• NDAs – mutual and unilateral – keeps honest
people honest, establishes intent to protect
• Each of these protections is only as successful as
your willingness to sue – and pay lawyers.
11. Proof of Concept
• Don’t spend more on the initial prototype than the
minimum, until you have done your proof of concept
evaluation.
• If the numbers don’t justify it, either pivot or get out.
Excel is your friend.
• Find someone who will tell you your baby is ugly.
• Ask the value users would place on your product.
Would they pay?
12. Prototype - Iterate
• Keep it local
• Control
• Time
• Quality
• IP Protection
• It doesn’t have to be pretty, just enough to test
• Get willing participants
• Limit variables from iteration to iteration
• Test and document – process, testing methods, results,
keep a journal, take pictures
• Adjust your business plan (including market research)
and IP documentation accordingly.
13. Prototype - Options
• DIY
• Do you have the skills?
• Do you have all the ideas you will need?
• Track your time and investment.
• Job Shop
• Experience
• Visit the shop
• Be specific, drawings aren’t enough
• Get an expert to do your GD&T evaluation before you spend $
• Design House
• Expensive
• But thorough
• This is where pretty starts becoming important
• Limit variables from iteration to iteration and pick a stop point
• Get to a point where you can start selling a decent product – and measure
success (or failure)
• Test and document – process, testing methods, results, keep a journal, take
pictures
14. Production - Initial
• Keep it local
• Time is the only commodity you can’t replace
• Money – may be higher, but see above
• Assume a loss
• Intellectual Property – ask Apple
• Avoid long-term investment in equipment and space
– run lean
15. Profit - Revenue & Funding
• Focus on funding initially
• Crowdsourcing
• Kickstarter
• Indiegogo, etc.
• SEC investor changes
• Republic
• NextSeed, etc.
• Sales – get paying customers
• Measure against plan
16. Rinse, Repeat
• Evaluate results against plan
• Lessons learned?
• Do the numbers still make sense?
• Pivot as needed
• The customer isn’t always right, but you should
listen anyway
• Options to scale
• Domestic
• NAFTA & EU
• Asia
Editor's Notes
Elevator Pitch:
30,000 s.f. Shared manufacturing in the Pilsen neighborhood of Chicago Lacuna Lofts Building –
When you are ready to generate revenue with your product, we are where you go for your professional manufacturing.
We are NOT a maker space. We are NOT a co-working space.
making small business revenue generation a reality.
Think it there – Make it here
My Story:
Emigrated
School
Graduated
Still Nothing … All jobs
10 Years Corporate
Z-axis
regular route vs. love of art and making throughout my life.
Mom was an artist – art as a way of connecting to people
Art as communication
The only constant interest was that I liked to make things
Started a company with my childhood friend making custom hair decorations – at the age of 9. They really should teach finance earlier.
Emigrated to the US 1992
High school, college – changed major six times Freshman year
I got a degree in both forensic science AND theater – I am perfectly suited to commit a crime and get away with it.
Got a series of jobs – makeup, fashion, print and format engineering – a marriage of math and art – but TEN LONG YEARS.
Then I attended this talk on 3d printing in medicine, where I met Nuha.
Z-axis Factory was created to allow people like me to learn, experiment and continue to adapt my art to what is possible.
Massive investment in time, money and focus
Limits ability to pivot when needed
30,000 s.f. – 15,000 industrial production space
$500K in equipment investment
9 production staff
And of course conference rooms, break room/kitchen, office printer, etc.
Introduce Nuha
Nuha personal story
- cabinet maker & seamstress
5th business
2 concurrent
Operations analysis
3d print in medicine
Tech and operations focus
be honest and don’t waste time making numbers up that you can’t justify.
For patent – do a search first. Identify key words, do the flowchart,
Provisional vs. non-provisional
Timing
The search
PJ vs. Kevin
GD&T - Geometric Dimensioning and Tolerancing (GD&T)
DIY – your time is valuable – don’t lose your day job - yet
Job Shop - GD&T - Geometric Dimensioning and Tolerancing (GD&T)
Design house – quit your day job, license, pay a lot – your choice
Iterate - Don’t let the perfect become the enemy of the good.
2012 – no longer a $200k and $1M minimum
The JOBS Act was enacted to provide less costly alternatives for businesses to sell securities through the internet. Section 4(a)(6), in particular, allows businesses to sell securities to anyone, not just investors with a certain level of income and net worth.