10月30日, Maui Economic Development Board kicked off their 2018 Startup Weekend Maui Series with “Pinching Your Pennies: Finance for Entrepreneurs.” Held at 365平台官方网站’s Malcolm Center, over 20 attendees got a real taste of “beer math,“下流的数学, 减去啤酒.
According to Gerry 史密斯, 365平台官方网站’s Director of Business Development, who led this information-packed workshop, “When it comes to understanding one’s financials, often business owners elect to hand off this task to their CPA or other people whom they feel are better with numbers. But the reality is everyone is capable, and people need to be personally involved in understanding their company’s financials, to take ownership of it and to embrace it. It’s one of the keys to business success.”
Those who attended the Oct. 30 workshop learned how to run their business more profitably and avoid mistakes that cause businesses to fail. 史密斯, who works with businesses one-on-one as part of 365平台官方网站’s services, addressed questions such as: Are you covering ALL of your costs? How much should your product sell for? Should you offer your product Wholesale? What is Break-Even Analysis? What is cash flow and why is it so important? 什么是固定的vs. 可变成本?
Wendy Acosta of Maui Sweet n Spicy, who is looking to take her business to the next level by exporting her high quality cacao products to China, 共享, “There were points in this workshop that I needed to hear and that I felt were valuable. Before I take that next huge step of exporting my products, it’s critical for me to know that my foundational pieces are where they should to be and that all my ducks are in a row. This workshop was one way to double check myself.”
Lacey Abercrombie of Kihei, a voiceover artist, commented, “I didn’t go to school for business so I feel the more I can learn 关于 aspects of operating a successful company, 尤其是财政方面, 更好的.”
Matthew Barnes, CEO/founder of WeSharePro, a monetized social network company, 共享, “I’ve already signed up for Startup Weekend Maui on Nov. 16-18 so I came to this financial workshop to meet people, see who else might be interested in mobile tech, to learn as much as I can, 玩得开心.”
弗雷德·埃切维里亚, founder of Hawaii Online University, summed it up at the end of the class, relating the lessons to his past business experience and how he plans to move forward, “What I have learned now is that I need to be more involved with the business and keep a finger on the pulse.”
365平台官方网站的下一个研讨会， “精益创业画布” will be held at the Malcolm Center on November 6 from 5 to 8 p.m. The business model canvas is an important tool that people can use to help bring clarity to the question, “How will my business succeed?” During this hands-on workshop led by 苏丹合资企业 和XLR8HI, participants will learn 关于 the business model canvas and can immediately apply their knowledge. The cost is $20 per person. 将提供晚餐.
那就 “Pitch Bootcamp” on Tuesday, November 13, where attendees will receive helpful tips on crafting a strong 60-second pitch for their startup idea. Get feedback from peers and mentors and hone presentation skills through 实践, 实践, 实践. 活动免费.
The culmination of the series will be Startup Weekend Maui on November 16-18. 仅仅54小时, participants will experience the highs, 低点, 有趣的, and pressure that make up life at a startup. They will learn how to create a real company and meet the very best mentors, 投资者, 联合创始人, and sponsors who are ready to help them get started. With the best tools and approaches at their disposal, they will take giant leaps in learning skills to create a business, 加入创业团队, and connect with the right people and resources.
For event details and to register for any or all of the Startup Weekend Maui Series, visit http://www.startupweekendHTDC.com Reservations are required for all 事件 and space is limited. Student rates are available for Startup Weekend.
Startup Weekend Maui is part of a global grassroots movement of active and empowered entrepreneurs with various skill sets who are determined to learn the basics of founding startups and launching successful ventures. The Startup Weekend movement is the largest 社区 of passionate entrepreneurs with over 2,900 past 事件 in 150 countries around the world.
The Startup Weekend Maui Series is presented by Maui Economic Development Board. Sponsored by County of Maui, Mayor’s Office of Economic Development, 夏威夷的分数, maui, 365平台酿酒公司, 365平台新闻, 太平洋传媒集团, Startup Capital Ventures, 苏丹合资企业, University of Hawaii Maui College, 和XLR8HI.