ATDC

ATDC @ Savannah: Financial Literacy Day 1

2017-12-12 12:00 pm - 4:00 pm
ATDC
Bull Street Labs
Address: 2222 Bull St, Savannah, GA 31401, USA

Your business idea has legs, but you can’t seem to explain how that translates into a recurring revenue stream.

Register for the two-day Financial Literacy course taught by entrepreneur, educator, and ATDC Athens catalyst Jim Flannery.  He’ll teach you how to determine your total addressable market and how this translates into the three most important financial statements you’ll need to run your business and tell your story through numbers:

  • Income statement
  • Balance sheet
  • Cash flow statement

This will feed into the all-important financial forecast / model that you’ll need if you plan on raising capital for your startup.

If you’re planning on applying to the pitch competition at Geekend in February, you won’t want to miss this course!  As any angel investor or VC will impart on you, you must know your numbers.  

Dates: December 12 and 13

Time: Noon to 4 p.m. ET

Location: The main room of Bull Street Labs located at 2222 Bull St., Savannah 

Registration link

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    Most technology startups fail. Why? They start executing before they have a sound business model. What about you? Have you discovered a scalable and profitable business model yet?

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    After this program, you will have identified the core of your business model - your customer segment and value proposition. Or you may discover there isn't one. And that's OK too. It's better to find out now than after spending years and a fortune only to find out you were wrong.

    How does it work?

    1. Multi-week intensive program. You should commit to attend every week.
    2. Each week, make assumptions about what needs to be true about your business model to succeed.
    3. Design tests to disprove each assumptions.
    4. Collect data and interpret the results.
    5. Update your business model canvas based on what you have learned.
    6. Present your findings to the teaching team and get thoroughly thrashed.
    7. Repeat.

    You will be expected to talk to at least 10 potential customers each week.

    REGISTRATION LINKS

    Both Customer Discovery Theory and Customer Discovery Tools are prerequisites to Customer Discovery Lab. Please take Customer Discovery Theory first which is offered the second and fourth Tuesday of every month. Once you begin Customer Discovery Lab, you are then expected to attend every subsequent Thursday until you graduate.