how to turn ideas into financeable projects por maja jurišić

HOW TO TURN IDEAS INTO

FINANCEABLE PROJECTS

Maja Jurišić

Croatia

Island Movement

Supported by

PROJECT IDEA

• You identified a problem in your society?

• You want to contribute to the change?

• You are unsatisfied with your job, if you have one?

• You see the way how to improve a company you are working for?

PROJECT IDEA

1. RESEARCH

IDENTIFY A REAL PROBLEM/NEED

• Explore about the similar projects and ideas

• Observe and rethink

• Stop / Look / Listen / Learn

PROJECT IDEA

2. CHALLENGE

CONNECT WITH YOUR COMMUNITY

• Speak to your neighbor/friend/colleague

• Try new experience

• Challenge the status quo

• Make it fun

PROJECT IDEA

3. SHARE

COLLABORATION MULTIDISCIPLINARY

• Seek diversity

• Find a common platform

• Attract multidisciplinary team

• Focus on the positive

PROJECT IDEA

4. DO

KEEP TALKING START DOING

• Start small and test it

• Measure reaction

• Don’t be afraid of mistakes

• Done is better than perfect

PROJECT DEVELOPMENT

THE MOST IMPORTANT INGRIDIENTS OF PROJECT?

ENVIRONMENTAL, SOCIAL AND ECONOMIC (FINANCE)

SUSTAINABILITY

PROJECT DEVELOPMENT

1 LUNATIC, PROJECT MANAGER, LEADER,

HEFE, CAPETANIO, COMRADE, CRAZY

BEE…

+

GREAT SOCIAL SKILLS TO INFLUENCE,

INSPIRE AND MANAGE TEAM, COMMUNITY

AND ALL OTHERS INVOLVED IN PROJECT

DEVELOPMENT

PROJECT DEVELOPMENT

TEAM, WITH THE SAME VALUES, VISION

AND PASSION

+

NEEDED SKILLS

+

GREAT COMMUNICATION SKILLS AND SELF

AWARENESS

PROJECT DEVELOPMENT

TRUST

+

COOPERATION

+

HONESTY

PROJECT DEVELOPMENT

RESOURCES

- Which is the starting point?

- Do you have your own start capital?

- Do you have technical support needed for

work?

- Do you have team and whit which expertise?

PROJECT DEVELOPMENT

TIME

- What is expected time period for developing

a project?

- Who is defining the deadline?

- What are the risks?

- Is there a plan B?

PROJECT DEVELOPMENT

LOGIC

- Understanding the complexity of structuring

the project

- Visualizing the process of its development

- Defining clear objectives

- Communicate it simple and adjusted to the

varies of target groups

PROJECT DEVELOPMENT

STAKEHOLDERS

TARGET GROUPS

MARKET

USERS

PARTNERS

SUPPORTERS…

PROJECT FINANCING

SOURCES:

1. Donators and sponsorships

2. Grants

3. Loans

4. Alternative sources

PROJECT DEVELOPMENT

PROJECT SUSTAINABILITY?

RETURN OF INVESTMENT?

LONG TERM IMPACTS?

PRODUCTS?

PROJECT DEVELOPMENT

PROJECT SUSTAINABILITY?

RETURN OF INVESTMENT?

LONG TERM IMPACTS?

PRODUCTS?

PROJECT RESULTS

- DEFINED

- ACHIEVED

- PREDICTED VS UNPREDICTED RISK

- ANALYSE

- LEARN FROM THE PROCESS

- TRACK IMPORTANT LESSONS LEARNED

HOW TO RUIN A PROJECT

- You’re always the smartest

- Communication gaps

- Discourage feedback

- Keep “important” information for yourself

- Confuse your team so they don’t see the big picture

- Don’t create a environment for learning

- Don’t provide guidance

- Don’t be patient

HOW TO RUIN A PROJECT

• Make a rapid and short term analysis of

needs;

• Make a vague and thin specification of

requirements;

Ensure that these two phases have to be

executed quickly, preferably under time

pressure…

HOW TO RUIN A PROJECT

• Don’t have clear vision, mission, objectives and

values

• Create unclear roles and responsibilities

• If there are conflicting interests between the

experts and the beneficiaries, the experts are

right every time

Ensure that there is disagreement on objectives,

methods and processes. The best thing is

disagreement between the actors involved in the

project…

HOW TO RUIN A PROJECT

• Ensure that there is no unity and team

spirit

• Ignore your instinct and do the

opposite

• Don’t take a lot of coffee breaks!!!!

THANK YOU!