Categories
ZMOT.ly

5 Steps to Scaling your Startup – An open letter to entrepreneurs

Dear Entrepreneur:

Starting a business is easy. It requires courage. It requires an idea. It requires passion and commitment. You are one of the very few in this world who has taken that critical step.

You are even willing to make sacrifices and commit to hard work. Your next goal is to make your all this count. To make the business successful. To do that you have to scale and scale sustainably.

How would you do that? At Futureshift, our ZMOTly framework helps you to achieve your goal with a structured way to scale your business. Towards that end, our clients love this ZMOT.ly Smart Scaling Framework, they held them to look at incubation to mainstream under a very predictable model.

This model brings science to the art of business scaling. The more detailed you are with your plan using this framework the better you are set to reach your goal.

Why do some companies achieve things that ultimately exceed our expectations and defy all of our assumptions for what’s possible?

Would you startup be one of those unicorns?

Check it out! Take the plunge head-on with ZMOT.ly Smart Scaling Framework.

  1. Discovery: In this phase, you would Identify, define and prioritize opportunities that will deliver revenue/ growth. You may list all revenue/ growth model.
  2. Concept Development: In this concept development phase you would define the user, stakeholder partner value proposition and architect execution and revenue/ growth models for each revenue/ growth model.
  3. Proof of Concept: This is a very critical phase where you would validate the value proposition, revenue/ growth, and technical feasibility at a single location for each selected revenue/ growth model.
  4. Pilot; In this phase, you would test the complete model in multiple locations to validate scalability, for every scalable and sustainable model from POC. Many startups fail here.
  5. Scaled Deployment is all about focussed field execution to achieve stated goals and objectives. Here it is critical to achieving maximum revenue/ growth with minimum or administration.

Mainstream: This is no more a phase. At this stage, you have had a full adoption across all markets and integrate into core execution engines. This is business as usual and in all probability, you will have other competitors in the market. It is all about efficiency. But more importantly, this is the time to get focus to newer innovations and incubations.

Having said this, the idea of each of these models is suggestive. If a specific product or idea or a revenue model fails in any of the phases to achieve its desired objectives- you as founders and management team would need to have a real strong discussion on to do a Go-NoGo decision.

Hope this helps. Please feel free to reach out to zmotly@futureshift.com.sg if you need our help.

  • ZMOT.ly Team/ Futureshift
Categories
Futrlabs Pados

#BetterBhavishya – Bring down those fences, Become a caring neighbour.

We are working on something that will bring down the fences between neighbors. We will share with you in a few days.

This image is representative of today’s neighborhood.

image

Bring down those fences, Become
a caring neighbour.

In our last post, we shared with you on how Pados helps bring back a sense of community to the neighbourhood. This is what we mean by that.

image

Social networks in a neighbourhood lower crime improve public health and raise social impact.

Categories
BetterBhavishya

#BetterBhavishya – Delivering Social Impact

image

At Futureshift, we believe that we will be able to contribute immensely to the social sector space by building on the capabilities, skill sets and the connections that we have built with our vast experience in transforming businesses around the world.

As a part of giving back, our consultants have pledged 20% of their time to work on social causes that will Maximize Social Impact. They will leverage their global expertise and use Futureshift tools and services towards those causes.

Some examples of the areas we are working on include

  • Solving the teaching problem in India by developing multi-media teaching aid with Pocket Power.
  • Solving India’s human rights problems by working together with Amnesty International. Projects like #bullynomore.in have gained traction to address the bullying in schools.
  • Solving literacy and numeracy problem by working with a leading NGO on how to expand footprints and volunteers.
  • Solving India’s vaccination problem with MyHealthshield that can help reduce tens of thousands of infant deaths due to missing the vaccination schedule.
  • Solving neighborhood safety problem with grouping, a solution for creating ‘instant ‘neighborhood watch’ without compromising on privacy of phone number.