GOLDEN EGG CHECK
Build, share and challenge your business case
Software tools & expertise for entrepreneurs, incubators & innovative companies
Backgrounds Focus of the Golden Egg Check
Reve
nue
Time
What happens here?
Our philosophy Traditional approach
Strategy Business model Hypothesis driven
Business plan Implementation driven
Development Customer development Build the product iteratively and incrementally
Product management Fully specify the product before building it
Speed of movement
Rapid Operates on good-enough data
Lean startup approach
Measured Operates on complete data
Finance and investment
Metrics that matter Investors perspective
Income and cash-flow statements, balance sheet Accounting & control
Backgrounds Traditional approach doesn’t fit the early stage of entrepreneurship and innovation
Therefore we have spent a considerable amount of time to find out: !(1) how to help you build a start- and runner-up company in a dynamic way !(2) how to make it easy to share and communicate with others about the business case !(3) how to challenge your proposition and offer a standardized assessment so that it would be really easy to gather multidisciplinary feedback and create value !(4) and how to facilitate and optimize the process of innovation centers by providing tools, insights and metrics for portfolio & community management
Backgrounds Our challenge
An easy-to-use online portfolio environment for
entrepreneurs, experts, coaches, investors, incubators
and accelerators with tools to build and share
business cases and challenge their potential and
investor readiness.
!• Build, share and challenge business cases
(workplace, check and dashboards)
• Create a dedicated community with
entrepreneurs, coaches, experts and investors
• Benchmark business cases and monitor portfolio
metrics
• Manage an innovation proces and create best
practices
Backgrounds Golden Egg Check in a nutshell
Our track record Startup, SME & corporate companies, incubators & accelerators
Some examples of dedicated portfolio users with a regional focus:
Some examples of dedicated portfolio users with a thematic focus:
Nanotechnology High-Tech Agro, Food & Environment
Brainport region Gelderland province Twente region
+ more than 700 entrepreneurs, business developers, etc. using our software
Golden Egg Check Personalized homepage with an overview of propositions and their metrics
Golden Egg Check Personalized homepage with an overview of your propositions, invites and activity
Meetings Date, time(span), people involved, topics, uploads
To Do’s Topic, description,
assignee, created by, created at, deadline,
status
Feedback Topic, description,
# issues, created by, created at
(1) Build - your business model, business proposition and roadmaps !(2) Challenge - from investors point of view to know where to work on !(3) Learn - to improve your proposition !!and scale your idea to a successful business with help of the community
For entrepreneurs and business developers Build, challenge, learn and eventually scale
Build
ChallengeLearn
Build Workplace (pitch, team, business model, product, market, financials)
Elements in workplace: !
Pitch Team
Business model canvas Product Market
Financials & Valuation Other elements (customized
for portfolio users)
Build Interact with others by feedback, work on to-do’s and milestones, in-depth information via uploads
Use this text-box to give a more detailed description of your team's experience. !You should at least answer questions like: !- What is the (target) market for your idea? Please be as specific as possible. !- Is there a large market for your solution? Is this market growing? !!
EXPLANATION
[Characteristics] [Customers] [Competitors] [Value Chain]
EXPLANATION
Build Easy visualisation and in-depth information (team, product, market)
Build Easy visualization and in-depth information (team, product, market)
Build Powerful financial overviews - Metrics, forecast, investments
Challenge Assess your proposition and ask others to do so as well
Challenge Monitor the development of a business proposition
Challenge Assess a proposition i.e. on investors criteria
Learn Measure progress and define your roadmaps to succes
Learn Measure progress and define your roadmaps to succes
Learn With help of dedicated EIT ICT Labs community
(1) Content - the development and quality of business propositions !(2) Process - monitor and optimize your process !(3) Community - coaches, experts, investors, etc. which added value to your
companies !We provide all kind of admin features for portfolio usage. We customize them to your specific needs. By doing so only relevant information is presented.
For management Monitor and guide your accelerator process
Monitor
IdentifyGuide
Management functionality Propositions - Users - Metrics - Activity within your accelerator
Propositions Overview, details, people involved, key metrics & status, to-do, feedback and meetings
* This is the management overview, via “Go to proposition” you will see the in-depth and detail information with respect to this business case.
Propositions (1) Overview, details, people involved, key metrics & status, to-do, feedback and meetings
Propositions (2) Overview, details, people involved, key metrics & status, to-do, feedback and meetings
Meetings Date, time(span), people involved, topics, uploads
To Do’s Topic, description, assignee, created
by, created at, deadline, status
Metrics GEC score,
investor interest, progress, timeline
and roadmap
Feedback Topic, description,
# issues, created by, created at
Users Overview, profile, propositions involved, metrics, to-do’s, feedback and meetings
Users (1) Overview, profile, propositions involved, metrics, to-do’s, feedback and meetings
Users (2) Overview, profile, propositions involved, metrics, to-do’s, feedback and meetings
Meetings Date, time(span), people involved, topics, uploads
To Do’s Topic, description, assignee, created
by, created at, deadline, status
Metrics # Propositions
# Checks # Meetings
# Interactions
Feedback Topic, description,
# issues, created by, created at
Activity Send messages (open, dedicated), assign to-do’s and initiate and plan meetings
Meetings Date, time(span), people involved, topics, uploads
Messages Addressed to,
subject, message, uploads
To Do’s Topic, description, assignee, deadline,
status
Metrics Your funnel - key numbers - cases - users - investments
Metrics will be defined based on your specific needs. You can think of: !Portfolio status: • # business cases and # users • Per phase in funnel • Per action line • Per stage of development • Per industry • Per country • … !Development of business cases: • Revenue (delta) • FTE (delta) • Investment needed/ raised • Valuation (delta) • Check scores (actual, delta, desired) • Progress score (delta) • …
!Activity of business developers: • # cases (per phase, action line, etc.) • # meetings, interactions, etc. • Average level of cases development per business developer • …
Metrics Your funnel - key numbers - cases - users - investments
www.goldeneggcheck.com - [email protected]
GOLDEN EGG CHECK
Build, share and challenge your business case