The document provides an analogy comparing sailing the business world to sailing the seas. Some key points of the analogy include:
1) When sailing or running a business, the focus should be on analyzing the environment and trends, just as a sailor considers prevailing winds, currents, and season.
2) The destination or target market for the sailing trip or business should be considered based on these environmental factors and trends.
3) Competition in the market is compared to other boats and traffic in the areas being sailed.
4) Reliable equipment, supplies, and spare parts are needed to sail successfully, just as a business needs a reliable structure and branding to succeed.
5) Passion is
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Bizcamp #6 - Sailing the business world
1. Sailing the business
world
Ghislaine Bovy
ghislaine_bovy@me.com
LinkedIn: http://www.linkedin.com/in/ghislainebovy
Facebook page: https://www.facebook.com/DeepBlueCom
3. Sea = Market
When sailing the seas, the focus is on the environment.
The same applies to the Business Plan.
Prevailing winds & currents = Trends
Season = Timing
Destination = Target market
Traffic = Competition
Boat equipment & supplies = Branding & Assets
4. The Big Picture
Prevailing winds/currents
& The Trends
Dont go against them
If the prevailing wind comes from the East & you want
to go East = forget it
The market is going Mobile & you develop new Apps for
Desktops = forget it
If all sailing boats avoid the Red Sea due to the
presence of pirates = dont go
If other companies launched a similar product and fail
= develop another product
7. Boat = company
Name
Description = Brand
A brand is a "Name, term, design, symbol, or any
other feature that identifies one seller's good or
service as distinct from those of other sellers.
Ours = Minuit www.minuit.net
8. What it takes
Boat must be reliable = equipment, supplies (water,
food, etc) and spare parts
Your company = reliable structure
The number one priority = PASSION
11. Budget = Business Plan
15 years sailing around the world = budgeting &
planning
Creating a new company = budgeting & planning
A circumnavigation is a formal statement of a goal:
going round the earth, the reasons why its feasible:
reliable boat and the plan to make it happened:
financing the trip by ad hoc working.
A company business plan is a formal statement of a set
of business goals, the reasons why they are believed
attainable, and the plan for reaching those goals.