Premier Sponsor

Spiegel Sohmer

 Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation.  Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors: www.spiegelsohmer.com 

Gold Sponsor

Richter

Richter is, above all, a financial consulting services firm offering strategic support and has been a recognized member of the business community since 1926. Richter entire team consists of more than 450 partners, experts, high-level professionals and administrative employees. Because of this collective expertise, our firm has an unrivalled reputation and has earned the respect of the business community.

National Bank helps home-grown businesses expand by offering them personalized service and banking solutions adapted to their needs. We strive to develop integrated, diversified and innovative business solutions that will meet the needs of your business at every phase of its existence. We offer a full range of financial services to individual clients, SMEs and large companies. Whatever your sector of activity, our team of experts will be able to advise you and assist you with every stage of your business growth. www.bnc.ca

Silver Sponsors

Futurpreneur Canada

Futurpreneur Canada is the only national, non-profit organization to provide financing, mentoring, and support tools for every business stage to aspiring business owners and startup founders: www.futurpreneur.ca

Kruger

Founded in 1904, Kruger Inc. is a major producer of publication papers, tissue, lumber and other wood products, corrugated cartons from recycled fibres, green and renewable energy and wines and spirits. The Company is also a leader in paper and paperboard recycling in North America. Kruger operates facilities in Quebec, Ontario, British Columbia, Newfoundland and Labrador and the United States. (www.kruger.com

 


 

Community Partners

NACO Canada

The National Angel Capital Organization (NACO) accelerates a thriving, early-stage investing ecosystem in Canada by connecting individuals, groups, and other partners that support Angel-stage investing. NACO provides intelligence, tools and resources for its members; facilitates key connections across networks, borders and industries; and helps to inform policy affecting the Angel asset-class.

Anges Quebec

Anges Québec’s mission is to help its angel investors make profitable investments in innovative companies in a wide range of industries and in all regions of Quebec. To this end, Anges Québec identifies the best entrepreneurs and business projects and supports the Anges Québec members who finance them.

RJCCQ

Le RJCCQ soutient un réseau de jeunes chambres de commerce et d’ailes jeunesse à travers le Québec, représentant plus de 8 000 jeunes professionnels, cadres, travailleurs autonomes et entrepreneurs âgés de 18 à 40 ans.

JCCM

La Jeune Chambre de commerce de Montréal (JCCM) est un regroupement de près de 1 600 jeunes cadres, professionnels, entrepreneurs et travailleurs autonomes âgés de 18 à 40 ans, ce qui en fait un des plus grands réseaux de jeunes gens d’affaires au monde.

Hacking Health

Hacking Health is designed to improve healthcare by inviting technology creators and healthcare professionals to collaborate on realistic, human-centric solutions to front-line problems.

NM

Noticias Montreal is a Spanish-language media based in Montreal and founded by a group of immigrant journalists. Its main goal is to provide the latest news, information and features about Montreal, Quebec, Canada. NM wants to offer a helping hand in the immigration and integration process of the numerous newcomers as well as promoting the Spanish language.

La Gare

La Gare is a collaborative workspace. A place to work, connect and learn in the heart of the Mile End.

 

Your Startup Check List: 10 Things Every Entrepreneur Must Do to Launch a Business

Posted by Jonathan Greechan on 2013-10-08

Founder Insight gives you feedback from the startup trenches.


In this post from his blog, John P. Muldoon (Co-Director, Dublin Founder Institute), shares what he took away from a talk by Schoolspace CEO, Denise O'Grady. In her talk, Denise outlines 10 tips for entrepreneurial success, starting with identifying a problem - then working like made to take it to the market.

Below, 10 Tips for Entrepreneurs has been republished;

 

"Most entrepreneurial success stories are based on someone successfully identifying a problem — then working like mad to take it to market.

That happened to Denise O’Grady.

In her old job as a teacher, she constantly saw “the chain” break. These chains are arrangements where Parent 1 is notified of an event such as a canceled game.

Parent 1 is then supposed to text Parent 2 who is supposed to notify Parent 3 and so on.

“Invariably the chain broke and the 11th person never got to know the game was canceled,” O’Grady said.

Problem identified, it was time to fix it. That’s been done, and now O’Grady’s company Schoolspace is market leader in school-to-parent communications.

At the Founder Institute Information session, hosted by Lucey Technology in Blackrock, Co. Dublin, O’Grady outlined what the last five years have been like for her, and what some of the potential entrepreneurs can look forward to.

  1. Write down your idea. Get it out and down on paper. Then get it out there by talking to everyone about it. Chances are your idea won’t be stolen. In fact, the opposite is likely because people will want to help.
  2. Research. Talk to potential customers. What do people care about in your space and what, if anything, will they pay to fix it?
  3. “Be as absolutely accurate as you can with your math,” O’Grady said. Are costs calculated accurately? Are any assumptions likely to cost dearly if they prove wrong?
  4. “Get a customer,” O’Grady said. In the very early days of Schoolspace, “we were actually terrified of our customer, but they were the ones using the product and they knew exactly what was wrong with it,” she said. “Our customers have sold more of our Schoolspace services than our [sales] reps have,” O’Grady said.
  5. Sell the living day lights out of it.” If someone says they will buy your product if it had a feature, say it will then close the sale, O’Grady said. Then make the feature.
  6. Staff up. “We always have at least 2-3 interns,” O’Grady said.
  7. Get press. “You can, with a story, get incredible free publicity,” O’Grady said. However, it needs to be worked on and framed properly. Give the media valuable content. “They will publish it because you are doing their job for them,” she said.
  8. “Surround yourself with genius.” O’Grady said she worked in isolation for too long. Finally she started getting out. “Get as many coffees with as many well connected people as you can.” Experienced business people respect early stage struggle. “It’s amazing how many people want to help,” she said.
  9. Prepare yourself for a roller coaster ride. O’Grady said one of her mentors draws a wavy graph in meetings and says, “Just realize you are somewhere here...It’s not smooth and it never has been,” she said. “Try and balance yourself.”
  10. “Keep a helicopter view,” O’Grady advised. “You can work in your business or you can work on your business.” She said entrepreneurs should take a half day a week above their business to look at it strategically. This will answer questions like, “How we’re going to get to my vision.”

 

John P. Muldoon is co-director of the Dublin Founder Institute, which is currently testing demand to launch this Autumn. If you'd like to help bring this great program to Dublin, then fill out an Interest Form today. If enough people fill out this form and express interest by October 13, then the Founder Institute will formally launch a Dublin Chapter.

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