This morning I had a meeting with TRR, an organisation that can help you if you are looking for a job or planning to start a new company.
My contact person there gave me a few good tips on things to look into.
We are trying to get selected to be a part of a pre-incubator that a company called Iqube is starting here in Gothenburg and my contact at TRR told me that I should send our business idea straight to a person at Iqube who works with TRR. By doing so we went straight through to the second round.
She also gave me a list of five abilities that are essential if you are going to start a business:
The ability to solve problems
The ability to endure problems
The ability to work together with others
The ability to put a lot of effort into what you are doing
The ability to believe that you and/or your idea can make it.
This afternoon we met with two persons from Öhrlings PriceWaterhouseCoopers and they gave us a lot of good input with respect to the budget.
It is always good to discuss your idea with someone who can see your strengths and weaknesses and that’s not afraid to question your choices and assumptions.
During the meeting I could also feel that we have done quite a good job so far. We have done our homework, even though we still have a long, long way to go.
But I am sure that we are on the right track, no doubt about it!
Showing posts with label PriceWaterhouseCoopers. Show all posts
Showing posts with label PriceWaterhouseCoopers. Show all posts
Friday, March 20, 2009
Thursday, March 19, 2009
A bright new day
Since I’m a little jetlagged from my trip to Central America I slept in a bit today, but once I got out of the shower the day came to a flying start.
I got a phone call from our Swedish contact in Nepal. He has lived in Nepal for several years and has important information about the country that will be very useful for us AND he has a company that design websites. We hope to reach an agreement with his company to design our site, but we are still talking to other companies as well, so nothing is decided yet.
Anyway, I discussed the project with him for a little while and then we booked a meeting in Stockholm for next weekend. Since my plan is to go to Nepal two days later the timing is great.
I have not yet booked any flight tickets, but I plan to do so today. Hopefully I will get a confirmation from our Nepalese contact that he is available, but if not I will book the tickets anyway.
Last night Lina and I were working late and I think we are at our best about 10pm. We came up with some good questions for our meeting with Öhrlings PriceWaterhouseCoopers on Friday and we decided on some things to follow up on.
We found out that 80% of the population in Nepal gets by on less than $2/day, so even if we will pay a very good salary with Nepalese standards, it is still very far from “western” salaries. But I do not feel that it’s a fair comparison to make. We want to make it possible for people in Nepal to make a living in Nepal, and we want to do so by giving them a real job. I feel that we can make a real difference by doing so.
I got a phone call from our Swedish contact in Nepal. He has lived in Nepal for several years and has important information about the country that will be very useful for us AND he has a company that design websites. We hope to reach an agreement with his company to design our site, but we are still talking to other companies as well, so nothing is decided yet.
Anyway, I discussed the project with him for a little while and then we booked a meeting in Stockholm for next weekend. Since my plan is to go to Nepal two days later the timing is great.
I have not yet booked any flight tickets, but I plan to do so today. Hopefully I will get a confirmation from our Nepalese contact that he is available, but if not I will book the tickets anyway.
Last night Lina and I were working late and I think we are at our best about 10pm. We came up with some good questions for our meeting with Öhrlings PriceWaterhouseCoopers on Friday and we decided on some things to follow up on.
We found out that 80% of the population in Nepal gets by on less than $2/day, so even if we will pay a very good salary with Nepalese standards, it is still very far from “western” salaries. But I do not feel that it’s a fair comparison to make. We want to make it possible for people in Nepal to make a living in Nepal, and we want to do so by giving them a real job. I feel that we can make a real difference by doing so.
Wednesday, March 18, 2009
Some breakthroughs
Today we have made some breakthroughs, I have managed to get in contact with ALMI and set up a meeting for next Monday and I have talked to a person at Öhrlings PriceWaterhouseCoopers and set up a meeting for this Friday. Luckily the meetings will be when Lina is not at IHM (business school).
ALMI is owned by the government and if you have a good enough business idea they can provide your company with seed money, a sort of venture capital light. Since we are not able to pay all starting costs for The Fair Tailor with our savings it is very important that we get some external financing and ALMI is an important piece of that puzzle.
We are competing in something called Venture Cup with our business idea. The main reason for our participation in Venture Cup is the feedback we get after they have read our business plan. They have people from various branches of business that looks at the contestants’ business plans and then give feedback. So far we have got very good feedback from them.
Besides from that you can also get private guidance from some of the companies that sponsor the competition. And this Friday we will get helm from a guy at Öhrlings PriceWaterhouseCoopers concerning import/export and our budget.
I am waiting to hear from a contact in Nepal, I have planned to go there by the end of the month but I have not yet booked any tickets. I need to make sure that I have things to do when I get there.
I am also waiting to hear from one of the companies that we hope will be able to design our web site, I have not been able to get a hold of my contact there today. But maybe I’ll have better luck tomorrow.
Tuesday 1p.m. is the deadline for the business plan to Venture Cup, that is the next big milestone. It’s going to take a lot of hard work over then next couple of days, but it will hopefully be fun.
ALMI is owned by the government and if you have a good enough business idea they can provide your company with seed money, a sort of venture capital light. Since we are not able to pay all starting costs for The Fair Tailor with our savings it is very important that we get some external financing and ALMI is an important piece of that puzzle.
We are competing in something called Venture Cup with our business idea. The main reason for our participation in Venture Cup is the feedback we get after they have read our business plan. They have people from various branches of business that looks at the contestants’ business plans and then give feedback. So far we have got very good feedback from them.
Besides from that you can also get private guidance from some of the companies that sponsor the competition. And this Friday we will get helm from a guy at Öhrlings PriceWaterhouseCoopers concerning import/export and our budget.
I am waiting to hear from a contact in Nepal, I have planned to go there by the end of the month but I have not yet booked any tickets. I need to make sure that I have things to do when I get there.
I am also waiting to hear from one of the companies that we hope will be able to design our web site, I have not been able to get a hold of my contact there today. But maybe I’ll have better luck tomorrow.
Tuesday 1p.m. is the deadline for the business plan to Venture Cup, that is the next big milestone. It’s going to take a lot of hard work over then next couple of days, but it will hopefully be fun.
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