Saturday, 15 February 2014

Our GrindSpaceXL Experience: Progess Report

As a start-up company, co-founded by founders with no business background, GrindSpaceXL has been an invaluable program so far. GrindSpaceXL is described as a business accelerator and it has been nothing less than that for Figure of Eight Inc.

We have been in GrindSpaceXL since Jan. 13th 2014, exactly 1 month and 2 days as of today.  Our progress over this short time can be summarized as follows:

Week 1- Changed our business model entirely. After our first class in GrindSpaceXL, we were asking ourselves questions and exploring new avenues we may have never come across without GrindSpaceXL.

Week 2- Worked with the market research team at Invest Ottawa and conducted our own market research by reaching out to experts in the field to validate our business model.

Week 3- Called potential clients to set up meetings. 4 potential clients called- 4 meetings secured. All thanks to the Buyers Buying Process taught by Susan Englehutt at Invest Ottawa. Reached out to 3 media outlets- 3 media interviews secured.

Week 4- Meet with 4 potential clients- 4 new clients secured. Again, thanks to the Susan Englehutt's expertise. Media interviews in progress- more info to come once media is released!

A lot can happen in small time frame when you are guided by experts in the field.

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