not approved

Growthwheel Business Planning Tool

$20,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Problem:

<p>Proposers must show assessors & voters an auditable  business plan, but most do not have business planning experience.</p>

Yes Votes:
₳ 19,763,558
No Votes:
₳ 37,409,524
Votes Cast:
143

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Detailed Plan

GrowthWheel was designed around the observation that all businesses – in all industries and life stages – have four lasting challenges in common: They must create an attractive Business Concept, build a strong Organization behind it, develop lasting Client Relations, and do so while maintaining profitable Operations.

If success only depended on neat ideas - every ideator would be a successful business. Sustainable success requires business skills as well as product development.

Proposals are strongest when they include a roadmap to success, action steps, milestones and metrics beyond first steps.

GrowthWheel is a well established visual toolbox and *online platform*

Used by business advisors, incubators, and entrepreneurship educators to help businesses make decisions and take action. Useful for proposers to demonstrate how they will meet the requirements of meaningful progress reporting, auditing and accountability required by Project Catalyst.

For Fund 7 Proposers: Including customised versions of these tools in your proposals will show assessors and voters that you are thinking and taking actions to bring a great idea to a sustainable level.

For Funded Proposals (Funds 3,4,5,6): The GrowthWheel system helps startup and growth companies build their businesses through a simple action oriented process — one that stays true to the way most entrepreneurs think and work.

Look at the attachments (pdf versions of the tools) for ideas about the business you may be planning to build. They are parts of the Growthwheel system. There are many more.

When you sign up to be a licensed client for the Growthwheel program, these pdf forms become an active online database - many integrating with each other and the reporting features of the system. (See attached pdfs).

Growthwheel provides video tutorials for a wide range of the components of the program (see pdf "Video-GW")

You will find excellent reference material included below as attachments for your use.

*Use of Funds*

The funds requested will be used to provide services to

  • Project Catalyst Fund 7 proposals seeking funding to demonstrate their readiness for funding
  • Project Catalyst proposals already funded in 3,4,5, 6 to provide meaningful process reports and manage their own efforts

*Budget Breakdown*

$5,000 (in ADA) - Licensing and setting up accounts for the first 10 proposals @ $500 each (funded or unfunded) to use Growthwheel accounts. Beyond 10 proposers licensing and set-up fees will be paid from your project resources.

$5,000 (in ADA) - Advisory services - 10 hours each for first 10 proposals, helping to implement Growthwheel @ $500 per proposal

$10,000 (in ADA) - Continuing consulting services for Growthwheel clients @$150 per hour as requested.

Disbursement of funds will be determined by the number of proposers using the Growthwheel system and services required. Unused funds will remain in the Treasury.

*Definition of Success*

Successful implementation of this proposal (funded or not - all proposers are welcome) will be measured by the number of proposers that sign up to use the Growthwheel services

  • During this Fund 6 funding cycle (Next 30 days)
  • During the Fund 7 cycle (next 60 days)
  • During the Fund 8 cycle (next 90 days+)

Their feedback will be a primary measure of determining success.

Our goal is to see them taking advantage of these excellent tools as their businesses grow over the coming months and years.

*Launch Date*

The system is ready to go today. Actually proposers and assessors can signup even during the Fund 6 assessment and voting period by contacting me.

*Addressing the Challenge*

The Growthwheel System is one of the most comprehensive, broadly ranging Entrepreneur's Toolbox that one can find. Other proposers, assessors and voters can take advantage of the attachments - as is - to help in their business planning.

Additional information about the Growthwheel System can be found on Youtube. Here is a starting point.

https://www.youtube.com/watch?v=PL_5_istJiM

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