I ran my business plan by two Ph.D.’s and a 17-year-old.
I received the gentle feedback that I had forgotten to put an elevator pitch at the beginning of the executive summary. That was embarrassing.
My husband was out of town for the weekend at a triathlon and I was in seclusion on a business-plan-writing marathon.
Write, rewrite, write.
On Tuesday, June 24, 2008, at 11:01 AM EST, I sent my business plan to Jim Flowers, director of business acceleration center, VT KnowledgeWorks.
Imagining speed cooling my fried brain, I went for a run as part of my triathlon training.
I’m not a very fast runner.
It was hot.
My brain started sizzling with all the points I had forgotten to make.
When I checked my e-mail in the afternoon, there was a reply from Jim Flowers. I didn’t read it at first.
I thought about all the business principles anyone in his or her right mind should understand before starting a business (What is the difference between a president and a CEO?), how insane it is to start a business at 49 and 1/2 years old, that I served icing for revenue, and who did I think I was anyway to think I could play on the VT KnowledgeWorks team?
I opened the e-mail.
"It’s going to take a while for me to digest all this; but I’ve started chewing on it, and it tastes good so far."
Jim likes icing!
"I’m concerned about the $$ value proposition…"
Oh. He noticed the icing layer was pretty thick.
"Can you dig up any data…?"
Oh boy. More ingredients for my cake.
But I was still on the team.
At dinner that night, I asked my triathlon-returned husband to join me in a toast to Jim Flowers, director of VT KnowledgeWorks, who knows just how to treat a novice who wants to create a prize-winning cake of a business.
The Accelerated Entrepreneur: The Saga of the First Year as a Member Company of VT KnowledgeWorks is sponsored by YOUR NAME HERE with text link. YOUR NAME HERE…specializes in your business description or tagline here.