grit factory1
TRANSCRIPT
Welcome 1
Disrupting small business support Justin Coetsee & Paul smith
Problem 2
AffordableExpensive
Increase sales
No impact sales
Solution 3
A low cost scalable incubator that helps small business execute by:
Weekly Meetings
10 entrepreneurs 2-hours
Challenge feedbackAgent model
WebsitePlatform
Challenge lessonsLeader boards
Meeting coordinationMonitoring
BehaviourChange
Peer pressure Role modellingGamification
Other
Business Model Validation
4
PROVEN MODELS
YPO21 000 members
Toastmasters 1 million members
Weight-less 81 clubs
RESEARCH
Academic ResearchMasters, PhD & Consulting
Pilot 1281 entrepreneurs
Pilot 220 entrepreneurs
TRACTION
R100 000 sold
R1.2M pipeline
5 pilots being planned
Market Size 5
SMALL BUSINESS SUPPORTWorldwide market
200B300M
1.5M
SMALL BUSINESS Less than R1M turnover
SA SMALL BUSINESS Btw R1M to R200k
Target Markets 6
PROGRAMMESPONSORS
Enterprise DevelopmentMarketing departments
SME support organisationsGovernment
STARTUP ENTREPRENEURS
23 to 28 years Laptop, Transport
Speak and read English
EXISTINGSMALL BUSINESS
R1M to R200kDesire to grow
Financial Model 7
Entrepreneurs or sponsors pay us a monthly fee.
AGENT FEE
30%
SPONSORED PROGRAMMES
R1000
ENTREPRENEURSFEE
R1000
Team 8
Paul Smith Founded 4 businesses Masters and PhD candidate 8 years in SME sector (15 organisations)Branson, Enablis, WBS, etc.
Justin CoetseeFounded 2 businesses IBM 10 years R30M to R60M 18 monthsLean Startup Circle
Vision 9
800Entrepreneurs in 3 years (80 clubs)
Disrupt the SME support industry
Tech partner or co-founder / Funding / Advice / Leads
Contact Details 10
Thanks and QuestionsImproving small business execution
Paul Smith 073 954 1346
@paulshawsmith, [email protected]