so you wanna be an entrepreneur (alberta perspective)
TRANSCRIPT
So You Wanna Be An Entrepreneur?An Alberta PerspectiveStephen King
[email protected]@stephdokin
[email protected]: @CMODragonflyInstagram: @CMO4Hirefacebook.com/cmo4hirelinkedin.com/company/
cmo4hire
This presentation found at:www.stephdokin.com/alberta-entrepreneur
Today’s Chat
THE MAGIC OF HOPE
THE REALITY OF REVENUE
THE WINDS OF CHANGE
THE POWER OF PEOPLE
THE MAGIC
OF HOPE
My Google Pixel XL is 5,000,000 %
faster than my old Atari 400
computer
33 years of turning bits into gold with great teams
Since 2008
Co-Founder, Director Co-Founder
Or a guitar hero?
Do you want to be a guitar player?
THE REALITY
OF REVENUE
A business without revenue is just a hobby Money is the reason we get to continue to do what we do.
Only 2 Types of Businesses
Vitamin: Create opportunity for your customers
Pain pill: Reduce time or expenses for your customers
How much can you charge for it?The MOST important question to answer.
What CASH transaction will occur so your company can make revenue?
$1.50 Salt
$30 Salt
$1.59 Coffee
$5 Coffee
$4.59 Coffee
How long until you’ve “made it?” Income = $ per transaction X # of transactions
Expenses: Product development. Marketing. Service. Plan for a salary for yourself, too.
Funding: Either investment of $$$ or time
THE WINDS
OF CHANGE
“Skate to where the puck is going
to be.”Wayne Greztky
Genetics (DNA)Alternate energy
Nanomedics (medical nanotechnology)
Vertical urban farmingArtificial Intelligence (A.I.)
Virtual reality experience designerSmart home & technicians
Robotics / DronesInternet of Things
Senior / health care3D printing
Synthetic biology / growing organsFitness & nutrition specialists
Computer / IT / Mobile programmingBig data / Predictive Analytics
(statistics)International lawDigital Marketing
change
11373 tech
companies (up 48%
from 735 in 2012)
AEC Alberta Deal Flow Study
http://www.alberta-enterprise.ca/?
page_id=1150
230% Alberta
Investment Tax Credit in 2017The AITC will offer a 30 per
cent tax credit over two years to investors who
provide venture capital to Alberta companies such as
information technology, clean technology, health technology, interactive digital media and game
products, and post-production, visual effects
and digital animation sectors.
3New $10M
Accelerate II fund,
$1.5M digital media grant, ATB, Alberta
InnovatesMore public and private funding
available in 2017, incubators & accelerators
AMAZING TIME TO BE IN ALBERTA
@the_a100
ALBERTATECH
SUCCESS
THE POWER
OF PEOPLE
startupcalgary.ca
startupedmonton.com
startupcan.ca
thechicgeek.ca
calgarygame developers.com
GET INVOLVED ● SPREAD THE WORD ● CONNECT LOCALLY & GLOBALLY
atbboostr.ca
Innovatecalgary.com
albertainnovates.ca
thea100.org
smarter“I am a great believer in luck, and I find the harder I work the more I have of it.” ~ Thomas Jefferson
What will you create?
Stephen [email protected]@stephdokin
[email protected]: @CMODragonflyInstagram: @CMO4Hirefacebook.com/cmo4hirelinkedin.com/company/cmo4hire