THE PROCESS - 3 STEPS:
A client of Venture Works progresses through various steps, building upon the prior step each time. Under special conditions, we might be able to work with the client to do more of an ‘a la carte’ service package, but the following is our preferred process.
Don’t know what stage you are? Don’t worry, we’ll help!
Program
Step 1: Vision Engineering
Objective: |
This exists to help the client:
to create a Three-year vision;
to gain understanding of the business life cycle and transitions;
develop entrepreneurial competencies and transition tactics for creating the business the entrepreneurs envisions.
Need Served: Creating a high level entrepreneurial / organizational plan for existing and new businesses
Articulation of entrepreneurial /organizational vision, mission goals and objectives.
Time Commitment: Typically, this will require 4 – 2 hour sessions, or 1 – 6 hour session. However, we are able to speed this up if the need is present.
Outcome: After completion of this step, the client will have:
High-level Transition Plan
Preliminary Goals and Objectives for the Venture
Foundation of further organizational planning. |
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Step 2: Idea Concept & Feasibility |
Objective: This step helps the client:
Understand the process for analyzing the feasibility of business concepts, demonstrated by a written feasibility plan for a specific business concept.
Identify the critical steps and gather information for future decisions on the business concept.
Need Served: Structured approach to determine whether an idea for product or service is viable.
Time Commitment: Usually, this requires 9 meetings over a 6-9 week period. Again, this is flexible though and we can work with your schedule.
Outcome: After completing this step, the client will have:
Knowledge of whether the idea or concept is feasible.
Written Feasibility Plan |
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Step 3: Move to a Package Program |
Once the previous 2 steps are completed, the client can move to one of the following programs: |
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Hopper Pass or the Affiliate Program |
The Hopper Pass is for open, interested, motivated individuals and/or innovative companies. This allows the client to buy their services in hour increments. Clients are then allowed to use their time purchased in whatever areas they want to. For example, they could get a sample of each service Venture Works offers, or they could spend all of their time on one service, such as a business plan or market research.
The Affiliate Program is designed for pre-incubation clients who are about ready to start their business, but not quite there yet. This program is paid on a monthly basis and gives easier accessibility to the services offered. |
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