Project Prospectus

Due to overwhelming demand. I’ve decided to post the Project Prospectus here:

The Super Awesome Micro Project Prospectus

 

Cheers,

Steve.

Another brand having fun – Pringle

The thing I really dig is brands that are honest. No point being uptight. Pringle Scotland does a good job of this. Hat tip to Big Red of Haul.

A pharmaceutical mashup – Vitamints

Sometimes a startup just make sense. Logical in hindsight to the point where it feels like we should have done it.

Vitamints is one such startup. It is what it says – Vitamins which are also mints.

This Australian startup has taken some really clever insights to form the basis of the product format and it goes a little deeper than vitamins that taste nice. They found that houses were graveyards for half used vitamin bottles (I know mine is!!). The basic idea was to get vitamins out of the kitchen cupboard and into peoples pockets, like gum. So why not package it like gum? Why not make it taste nice? Why not distribute it in more convenient locations?

They did.

And aside from the fact that mints in convenience stores are almost the fastest growing impulse purchase, Vitamints taps beautifully into the mobile society we now live in. Your vitamins now live in your pocket people. Sounds a bit like a classic web mashup business, but in an old tired category. Once again industry incumbents need to take a lesson from an innovative new business – maybe that’s why I like it so much.

I can’t wait to read about them getting bought out by a multinational pharmaceutical company in 10 years time.

Entrepreneurship is in our DNA

We are all born entrepreneurs. Entrepreneurship is inextricably linked to human behaviour. To explore, to understand, to invent and to embrace take risk. Risk which results in a better situation for us and our stakeholders. Knowing that we will fail, and even learning to endure, no less enjoy that as part of it. Civilisation and evolution of humans is due to our entrepreneurial nature. It’s why we live in houses, drive cars, have climate control and everything we enjoy today. It’s part of our genetic code. It’s what differentiates us from all other creatures.

The word Entrepreneur

en⋅tre⋅pre⋅neur

Noun: A person who organises and manages any enterprises, esp a business, usually with considerable initiative and risk.

The word origin is from 1875-80 coming from the French word ‘Entrepren’ – meaning to undertake. To do something. Also the word Enterprise. Is about entering and taking. Enter / prendere.

To be entrepreneurs is it about doing. Not over replanning or talking. It’s about action. Learning on the job. The most insightful ideas and poignant moments I have had in my life haven’t been while writing or typing, but when I’ve been acting.

Our code must be acted upon. Go act out your code.

Startup School – 1 seat left

I’m very excited that Startup School Melbourne is this weekend. We still have a single seat left which is currently being warmed by this guy….

But we’d love to replace him with you. And if you need any more convincing then I’m pretty sure I’ll have done the job once you finish reading this blog entry.

Firstly – here’s a list of topics we’ll be covering in detail:

• Idea Generating
• Creativity in business. Creative thinking
• Raising Capital
• Art of Pitching
• Legal tips, shortcuts and administration
• Successful outsourcing (digital & production)
• Building an international work force
• Cash flow for startups & budgeting
• Simplified project management
• Personal & business branding
• Selling like a guru
• Generating PR and media
• Building a Team

All of which is fully documented in a take home working manual so you’ll leave knowing exactly what to do and how to do it. Like I have.

We are also being joined by Yvonne Adele – Globally renowned Creativity and ideas guru!

You can’t learn this stuff in school, books or at University. And I should know as I teach Marketing at Melbourne University. You also get me as an on going mentor as a Startup School graduate with unlimited help in your start up. Which is incredible value give what most consultants (with less real experience) charge by the hour.

We are holding the event in the groovy boutique Lindrum Hotel. Where the space is great and the food and espresso is awesome. I tested it.

All of which is included in the price. You’ll be one of 10 people in an intimate learning environment. Not in a room full of people.

If that’s not enough , Startup School comes with a money back guarantee to blow your mind. I can say this because I know the 2 days will.

No, it’s not priceless – it’s priced at $998.

It will be the best investment in your entrepreneurship education you’ve ever made. it will make and save you thousands. This event is a one off, there is no next chance. If you want to chat about it – call me on the phone number in the right hand side bar of this blog.

Click here to book now.

(Seats still available for Sydney 21st & 22nd of November)

See you on the weekend, Steve.

Startup Blog Live

I’ll be doing a live chat on all things StartUp and Entrepreneurship this Wednesday night Australian EST at 7.3opm.

Problogger has inspired this idea from his session today – big ups.

I’ll be using the relatively new service http://www.twitcam.com – where you can ask live questions which I’ll answer.

It’ll be using my twitter sign in which is @sammartino

here is the url: http://twitcam.com/user/sammartino

Here’s where you challenge me, ask me, disagree with me for anything I’ve written on this here blog. Ask me questions about marketing, startups, outsourcing, getting to revenue, and generating massive free TV coverage. I’ve done them all successfully. These are the things you start up needs to rock the world. Looking forward to chatting with you.

Steve.

Consumer language & leadership

It’s one thing to be clear and succinct in our copy writing, and it’s another thing entirely to create language which means something to consumers. Language which paints a clear picture in the consumers minds that you can solve their problems. The best way to do it is to relate numbers to something we are all very familiar with…. ‘Join for the price of a coffee a week.’

In recent times some of the world leading websites have done this beautifully. Web businesses where scale matters to the end users, websites where this type of language can be the difference between a click out, and instant confidence.

Seek.com.au – A new job loaded every 30 seconds (Great this’ll have the job for me for sure…)

Elance.com – $201 million in provider earnings. (Wow, I will make money using this site…)

Flickr.com – 2744 uploads in the last minute (This is a safe place to store my photos…)

As soon as we read information like the examples presented above we know we are in the right spot. That we can do our business right there, right at that moment. And I know what you are thinking, this is the type of language that is limited to the successful few – not so, all it takes is a little bit of creativity to find some numbers which mean something….

We just need to work out what we are the most, best, biggest, quickest at, and there will be something. Maybe your site is the hyper local expert. Has more X from your city. The most members in Y community or the lowest click out rates for the industry? Even a micro website does something the best. And as soon as we work out what we are the ‘most’ at, we need to put it right there on the home page, no better yet, the top of every page on our website.

New York Series: Naming a Brand

This is the oldest marketing lesson in the book – What to call our brand. It seems it doesn’t matter how many times the story is told, but some businesses never seem to learn. Here’s a bad example of a clothing brand name which I saw in Bloomingdale’s today.

Yep, Acne. Which means pimples here in Australia. I’m surprised it even made it instore. So here’s the startup blog rules for brand names. Which I’ll keep short:

• Try to invent a word that currently has no meaning. (our job is to invent meaning under it)
• Ensure you can ‘own it’ globally. (No confusion, registerable)
• Make sure it doesn’t mean something ridiculous, in your country or another.

That’s all that matters in real terms. Other rules are made up by people who are focused on stuff which doesn’t really have much to do with brand building.