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“Get Your Ass Moving
                               Before Someone Else Kicks
                                           It!”
                                           Startup Ideation Bootcamp:
                                                      8/23/2012
                                 Chris J Snook; Managing Director at Incubate Holdings




                                        MENTOR SESSION #1




Copyright 2012 Chris J Snook
Ideation Bootcamp
                      The Entrepreneurial Puzzle




Copyright 2012 Chris J Snook
1st Law                            The Law of
                                      Compensation
1) The Need
                                                 Will we
                                                  ever
2) Your Ability                                   make
                                                 money?
3) Your Replace-ability




       Copyright 2012 Chris J Snook
Product
     Creation                             Building a
Are you a “me too” on                  Complete Solution
steroids?
                                                    Look what
Are you a disruptor?                                    we
                                                    built...Will
Are you a “no duh?”                                 they care?


Are you a “gap filler”

Are you a leader?

Are you an inventor?

        Copyright 2012 Chris J Snook
Business Model
   Creation                                              Delivering and
How will we get them to                                 Scaling Our Offer
Try us?

How will we deliver it?                                               Someone
                                                                     bought it
                                                                       Will this
How will we service it?                                              scale? What
                                                                        do we
How will we charge for it?                                           keep/chang
                                       Source: www.biznicillin.com
                                                                          e?
How will we scale it?

How much $ will all this take?

How long will it take to succeed
or fail?
        Copyright 2012 Chris J Snook
Increasing
      Reach                              Improve Customer
How do we improve UI?
                                        Relationships-Deepen
                                            Engagement
How do we better promote?                                   I love
                                                          you…You
                                                        love me too
How do we integrate                                       right???
Customer feedback?

How do we build a Brand?

How do we incentivize Social?

Is our Culture solid?

Are we going the extra mile daily?
         Copyright 2012 Chris J Snook
Revenue
   Strategy                           Optimizing the Market
                                       Basket of Our User
How do we increase the
Market basket of our customer?                           Ring
                                                      dammit!!!!
                                                      “Ca-Ching”
How do we capture the cherry-
                                                      “Ca-Ching”
picker and convert them to a                          “Ca-Ching”
loyalist?

How do we reward the loyalists and
incent them to evangelize?

How do we attract the rest of the
market?


       Copyright 2012 Chris J Snook
Keeping                              Cash is
  “Track-tion”                        flowing…will
Who is our                             cash stick?   These guys
                                                     piss me off,
AccountingTeam?                                       but thank
                                                     GOD I have
                                                     them with
Who is our Legal Team?                                    me


Who is our Board?

Who are we
missing/replacing?



       Copyright 2012 Chris J Snook
Key
   Activities                        What we do
                                     EVERY-DAY! Thank God I
New User Acquisitions                                    love
                                                      this…It’s a
                                                     lot of work
Turn Around Iterations                                and effort


Fund Raising &
Revenue Driving

Brand Engagement

Cultivate Our Culture

      Copyright 2012 Chris J Snook
Key Assets                            What is our
                                     Secret Sauce?
Visionary-Charismatic                           Do we have
Leadership                                       that little
                                                something
                                                  “extra”
Talented Teammates                                 Yet?


Stubborn and Un-Relenting

A Novel Idea with a Real
Business model

COURAGE!
      Copyright 2012 Chris J Snook
Types of
    Deals to                            Flexible yet Focused
    consider                                  Exit Path
Outright Purchase?
                                                       Where is
                                                        this all
Strategic Big Brother                                   going?
Alliance?

Lifestyle Biz with
Cash Flows?

I.P.O.


         Copyright 2012 Chris J Snook
Q&A



                        Chris J Snook
                        Email: chris@incubate.com
                        Office: 760.501.0439




  Copyright 2012 Chris J Snook

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Startup Ideation: "Get Your Ass Moving Before Someone Else Kicks It!"

  • 1. “Get Your Ass Moving Before Someone Else Kicks It!” Startup Ideation Bootcamp: 8/23/2012 Chris J Snook; Managing Director at Incubate Holdings MENTOR SESSION #1 Copyright 2012 Chris J Snook
  • 2. Ideation Bootcamp The Entrepreneurial Puzzle Copyright 2012 Chris J Snook
  • 3. 1st Law The Law of Compensation 1) The Need Will we ever 2) Your Ability make money? 3) Your Replace-ability Copyright 2012 Chris J Snook
  • 4. Product Creation Building a Are you a “me too” on Complete Solution steroids? Look what Are you a disruptor? we built...Will Are you a “no duh?” they care? Are you a “gap filler” Are you a leader? Are you an inventor? Copyright 2012 Chris J Snook
  • 5. Business Model Creation Delivering and How will we get them to Scaling Our Offer Try us? How will we deliver it? Someone bought it Will this How will we service it? scale? What do we How will we charge for it? keep/chang Source: www.biznicillin.com e? How will we scale it? How much $ will all this take? How long will it take to succeed or fail? Copyright 2012 Chris J Snook
  • 6. Increasing Reach Improve Customer How do we improve UI? Relationships-Deepen Engagement How do we better promote? I love you…You love me too How do we integrate right??? Customer feedback? How do we build a Brand? How do we incentivize Social? Is our Culture solid? Are we going the extra mile daily? Copyright 2012 Chris J Snook
  • 7. Revenue Strategy Optimizing the Market Basket of Our User How do we increase the Market basket of our customer? Ring dammit!!!! “Ca-Ching” How do we capture the cherry- “Ca-Ching” picker and convert them to a “Ca-Ching” loyalist? How do we reward the loyalists and incent them to evangelize? How do we attract the rest of the market? Copyright 2012 Chris J Snook
  • 8. Keeping Cash is “Track-tion” flowing…will Who is our cash stick? These guys piss me off, AccountingTeam? but thank GOD I have them with Who is our Legal Team? me Who is our Board? Who are we missing/replacing? Copyright 2012 Chris J Snook
  • 9. Key Activities What we do EVERY-DAY! Thank God I New User Acquisitions love this…It’s a lot of work Turn Around Iterations and effort Fund Raising & Revenue Driving Brand Engagement Cultivate Our Culture Copyright 2012 Chris J Snook
  • 10. Key Assets What is our Secret Sauce? Visionary-Charismatic Do we have Leadership that little something “extra” Talented Teammates Yet? Stubborn and Un-Relenting A Novel Idea with a Real Business model COURAGE! Copyright 2012 Chris J Snook
  • 11. Types of Deals to Flexible yet Focused consider Exit Path Outright Purchase? Where is this all Strategic Big Brother going? Alliance? Lifestyle Biz with Cash Flows? I.P.O. Copyright 2012 Chris J Snook
  • 12. Q&A Chris J Snook Email: chris@incubate.com Office: 760.501.0439 Copyright 2012 Chris J Snook