In the passionate pursuit of great ideas, dazzling presentations, and awesome products, some start-up entrepreneurs overlook how their businesses will make money. There are many business models but they all boil down to answering the question, “What do you do and why will someone pay you for it?” Join us as we explore the challenges of choosing a business model for a tech start-up, the notion of early stage business models versus those for mature businesses, and the proven familiar models versus some creative and innovative models.
Philip Neukom, President of Profit Analytics Inc
Philip is the President of Profit Analytics Inc. He has worked for 25 years in growth stage to Fortune 500 companies as a senior executive, management consultant, board member and venture capital investor. Philip is hired by investors or boards to lead executive teams in growing and scaling technology and manufacturing companies or re-energize underperforming companies. Philip has a BASc in Mechanical Engineering from the University of Waterloo, an MBA from Queen's University and is a Certified Management Consultant.
Richard Kun, Business Development Manager, RDP Associates
Richard Kun has assisted a wide variety of growth-oriented firms that are focused on technology improvements to seize and maximize opportunities that will increase cash and profits. Core areas of expertise are Innovation Management, New Product Development and Funding from Tax Credits and Various Government Incentives. Richard is a sponsor of a technology accelerator group, angel investor and business consultant to early stage companies.
Alyssa Richard, Founder of Ratehub
After graduating from Queen's School of Business, Alyssa spent two years at Bain & Company consulting in the U.S. financial services industry; there, she was introduced to mortgage websites. With an inexplicable passion for mortgages few will ever understand, Alyssa founded RateHub.ca to empower Canadian consumers to make smart financial decisions. When she's not managing the team, building partnerships, working on product development and strategizing SEO, Alyssa can be found chasing the wind with her kiteboard in hand.
Silicon Peel Facilitator: Cathleen MacDonald
Cathleen MacDonald is a digital media entrepreneur who creates motion picture experiences for television (Discovery Channel, CBC, TVOntario, PBS, and more) and for education. She is a former film distributor (VEC/Criterion Pictures), serves as a juror for industry competitions and agencies, and coordinates the Silicon Peel Mentoring program.
Demo Me: Dave Wormald, President of Gabitat
Dave is President of Gabitat, a software start-up that delivers collaborative cloud software for business teams and their customers. Dave previously held positions as General Manager of Nortel's $200M Messaging Division and OpenText's Firstclass Division. He has an Engineering degree from the University of Waterloo. He enjoys skiing, mountain-biking and canoeing.