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WE VE HEARD OF FAILURE TO
                             LAUNCH BUT DO YOU KNOW ABOUT
   Business Development
         Partner
 for Companies With Vision
                              ENGAGE TO LAUNCH ?
                              June 2012


                              ENGAGE TO LAUNCH vs. FAILURE TO LAUNCH

                               HISTORY: It s just the nature of things.     Why do so many good ideas need
                                                                            extra help to succeed?
                                When a new venture does succeed,
                               more often than not it is in a market        Peter Drucker, in Innovation and
                               other than the one it was originally         Entrepreneurship, certainly told us part of
                               intended to serve, with products or          the answer. It s the nature of new
                               services not quite those with which it       endeavors that an idea on which a new
                               had set out, bought in large part by         venture is founded is just a guess, a
                               customers it did not even think of when      hypothesis. Without intensive customer
 GAIL BUERGER KERR             started, and used for a host of purposes     development, however, we often fail to
                               besides the ones for which the products      transform that guess into a viable
     Work: 978-425-9243        were first designed. Peter Drucker           business model with a good chance for
                                                                            success.
      Cell: 617-835-1627

gail@gailbuergerkerr.com     DO YOU KNOW OF COMPANIES THAT ARE STRUGGLING,
                             FAILING TO LAUNCH? WILL SOMEONE PAY FOR WHAT
                             THEY HAVE BUILT? IS THERE A MARKET FOR THAT IDEA?
                             OR HAVE THEY FAILED TO LAUNCH?
                             You d be surprised how many founders          holding the bag. No one explored with
                             think that because they wrote a business      potential customers what they really
      90% OF                 plan and got some funding they need to        need and changed the business model as
                             stick to the plan whether or not they are     a result.
   BUSINESSES                getting traction. Convinced they ve built
  FAIL BECAUSE               exactly what customers want and need,         The best way to ensure success of a new
   OF LACK OF                they eventually hire a sales manager who,     business or a new product is to solicit
  CUSTOMERS                  not surprisingly, has a very hard time        input and feedback from customers early
                             finding paying customers.                     and often, but those skills for contacting
                                                                           and engaging with customers are often
    Steve Blank              The customer development work was             lacking in early stage organizations and in
                             never done and the sales manager is left      new ventures in large companies.

                             ENGAGE TO LAUNCH workshop for startup or stalled ventures

                             The ENGAGE TO LAUNCH workshop                  programs and my twenty years
                             was developed for international business       experience leading customer exploration
                             schools under the auspices of the Fulbright    and validation for small and large
                             Specialist program. With input from deans      organizations, the program focuses on
                             of US business schools, entrepreneur           helping experienced executives succeed.
www.gailbuergerkerr.com
                                      Office: 978-425-9243    gail@gailbuergerkerr.com   Cell: 617-835-1627
Page 2                                                                              www.gailbuergerkerr.com

                        ENGAGE TO LAUNCH: continued

                        WORKSHOP DESIGNED FOR                          EXHAUSTIVELY TEST THE BUSINESS
                        EXECUTIVES IN SLOW GROWTH                      MODEL. As a framework to debate our
                        OR STARTUP VENTURES, facilitating:             business model, we use the business
      BUILD             ·     Ideation around a problem,               model canvas as a useful checklist to
   COMPANIES            ·     Experimentation and asking               examine requirements and record ideas.
                              potential customers for input,           As a group using this framework,
    THAT FAIL
                        ·     Validation of a business model,          participants define the business problem
    FAST AND                  and                                      to be solved, engage in ideation exercises
     OFTEN              ·     Debate and agreement about               to organize ideas to solve the problem,
   Steve Blank                those elements required for              revise business models, and identify the
                              success for the business model.          key elements to test with customers.

                        First, understand what a startup               ENGAGE CUSTOMERS EARLY AND
                        organization is supposed to do.       A        OFTEN. Participants arrange customer
                        startup develops ideas around a                development meetings for customer
                        problem and tests them, trying to              discovery and validation of a business
                        disprove the      guesses     early and        concept. They contact critical customers,
                        experimenting in the market around             plan and conduct interviews, solicit
   EDISON               what will work and what won t. Note:           feedback and get help in refining their
                        This is the same process for designing a       business model. By meeting with
AWARDS Judge            new idea for an established company            customers and listening to what they say,
  since 2008            that needs to restart growth.                  participants also recruit early adopters as
                                                                       first customers. The hard-to-find skills
                 Why do I mention Steve Blank? If he is                around cold calling and asking tough
  FULBRIGHT                                                            questions can be developed through
                 new to you, watch him on YouTube.
  SPECIALIST     His witticisms set the workshop s stage:              supervised practice and coaching.
Roster, US State engage customers fast, understand your
  Department,    business model in depth.                  If this sounds intriguing, call and let s talk.
    Focus on
Entrepreneurship ABOUT GAIL BUERGER KERR
 Innovation and Gail thrives in early entrepreneurial     often serves in interim management roles
     Sales       ventures and was the "intrapreneur" in while developing and proving what works,
                        global leaders like IBM, Citibank and        and coaches the organization to carry
                        Dun and Bradstreet. Gail's track             success forward.
                        record demonstrates the importance of
                                                                     As an executive with Citibank and Dun
                        emphasizing execution meshed with
                                                                     and Bradstreet, Gail built sales
                        strategic insights, intense focus on goals
                                                                     organizations and delivered programs that
                        and priorities, and nimbleness to adjust
                                                                     generated over $400 million in new
                        when a change in direction is required.
                                                                     business.
                                                                     As a consultant to technology and
                        As a former turn-around consultant,
                                                                     content companies, she has successfully
                        Gail manages fast-start initiatives and
                                                                     launched products into new markets,
                        provides strategic insights, talent and
                                                                     constructed alliances, captured marquee
                        rapid results on a consulting basis. She
                                                                     customers, and facilitated investments.

                         Office: 978-425-9243     gail@gailbuergerkerr.com   Cell: 617-835-1627

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June 2012 News

  • 1. WE VE HEARD OF FAILURE TO LAUNCH BUT DO YOU KNOW ABOUT Business Development Partner for Companies With Vision ENGAGE TO LAUNCH ? June 2012 ENGAGE TO LAUNCH vs. FAILURE TO LAUNCH HISTORY: It s just the nature of things. Why do so many good ideas need extra help to succeed? When a new venture does succeed, more often than not it is in a market Peter Drucker, in Innovation and other than the one it was originally Entrepreneurship, certainly told us part of intended to serve, with products or the answer. It s the nature of new services not quite those with which it endeavors that an idea on which a new had set out, bought in large part by venture is founded is just a guess, a customers it did not even think of when hypothesis. Without intensive customer GAIL BUERGER KERR started, and used for a host of purposes development, however, we often fail to besides the ones for which the products transform that guess into a viable Work: 978-425-9243 were first designed. Peter Drucker business model with a good chance for success. Cell: 617-835-1627 gail@gailbuergerkerr.com DO YOU KNOW OF COMPANIES THAT ARE STRUGGLING, FAILING TO LAUNCH? WILL SOMEONE PAY FOR WHAT THEY HAVE BUILT? IS THERE A MARKET FOR THAT IDEA? OR HAVE THEY FAILED TO LAUNCH? You d be surprised how many founders holding the bag. No one explored with think that because they wrote a business potential customers what they really 90% OF plan and got some funding they need to need and changed the business model as stick to the plan whether or not they are a result. BUSINESSES getting traction. Convinced they ve built FAIL BECAUSE exactly what customers want and need, The best way to ensure success of a new OF LACK OF they eventually hire a sales manager who, business or a new product is to solicit CUSTOMERS not surprisingly, has a very hard time input and feedback from customers early finding paying customers. and often, but those skills for contacting and engaging with customers are often Steve Blank The customer development work was lacking in early stage organizations and in never done and the sales manager is left new ventures in large companies. ENGAGE TO LAUNCH workshop for startup or stalled ventures The ENGAGE TO LAUNCH workshop programs and my twenty years was developed for international business experience leading customer exploration schools under the auspices of the Fulbright and validation for small and large Specialist program. With input from deans organizations, the program focuses on of US business schools, entrepreneur helping experienced executives succeed. www.gailbuergerkerr.com Office: 978-425-9243 gail@gailbuergerkerr.com Cell: 617-835-1627
  • 2. Page 2 www.gailbuergerkerr.com ENGAGE TO LAUNCH: continued WORKSHOP DESIGNED FOR EXHAUSTIVELY TEST THE BUSINESS EXECUTIVES IN SLOW GROWTH MODEL. As a framework to debate our OR STARTUP VENTURES, facilitating: business model, we use the business BUILD · Ideation around a problem, model canvas as a useful checklist to COMPANIES · Experimentation and asking examine requirements and record ideas. potential customers for input, As a group using this framework, THAT FAIL · Validation of a business model, participants define the business problem FAST AND and to be solved, engage in ideation exercises OFTEN · Debate and agreement about to organize ideas to solve the problem, Steve Blank those elements required for revise business models, and identify the success for the business model. key elements to test with customers. First, understand what a startup ENGAGE CUSTOMERS EARLY AND organization is supposed to do. A OFTEN. Participants arrange customer startup develops ideas around a development meetings for customer problem and tests them, trying to discovery and validation of a business disprove the guesses early and concept. They contact critical customers, experimenting in the market around plan and conduct interviews, solicit EDISON what will work and what won t. Note: feedback and get help in refining their This is the same process for designing a business model. By meeting with AWARDS Judge new idea for an established company customers and listening to what they say, since 2008 that needs to restart growth. participants also recruit early adopters as first customers. The hard-to-find skills Why do I mention Steve Blank? If he is around cold calling and asking tough FULBRIGHT questions can be developed through new to you, watch him on YouTube. SPECIALIST His witticisms set the workshop s stage: supervised practice and coaching. Roster, US State engage customers fast, understand your Department, business model in depth. If this sounds intriguing, call and let s talk. Focus on Entrepreneurship ABOUT GAIL BUERGER KERR Innovation and Gail thrives in early entrepreneurial often serves in interim management roles Sales ventures and was the "intrapreneur" in while developing and proving what works, global leaders like IBM, Citibank and and coaches the organization to carry Dun and Bradstreet. Gail's track success forward. record demonstrates the importance of As an executive with Citibank and Dun emphasizing execution meshed with and Bradstreet, Gail built sales strategic insights, intense focus on goals organizations and delivered programs that and priorities, and nimbleness to adjust generated over $400 million in new when a change in direction is required. business. As a consultant to technology and As a former turn-around consultant, content companies, she has successfully Gail manages fast-start initiatives and launched products into new markets, provides strategic insights, talent and constructed alliances, captured marquee rapid results on a consulting basis. She customers, and facilitated investments. Office: 978-425-9243 gail@gailbuergerkerr.com Cell: 617-835-1627