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6 Month Startup - Tacoma Month Four - How do Startups Make $$

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Union Club Tacoma

539 Broadway

Tacoma, WA 98402

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Refunds up to 7 days before event

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6 Month Startup - Ideation to Revenue and Fundraising

While startup founders at the beginning of their journey will get the most out of this program by attending each session 1-6 in order, you are also welcome to come to any individual sessions!

  • Month Four - Making Money, Revenue Models, Pricing and Marketing 101

    • You have the cost to build your product, the cost of selling the product and a need to return a profit to you or your shareholders - many products can be made, but this helps answer the question "should I make it?"

    • There are 14 revenue models - this will confirm how you make money. We'll outline them in order of difficulty. Your startup is unique, but your revenue model isn't unique! For example:

      • Services

      • Subscription

      • Marketplace

    • Marketing 101 - you need to start building a customer list and target customer(s) before you ship your product. This month you'll nail down the basic tasks required even if you've never been schooled in the dark arts of marketing.

    • SELLING: there are four ways to sell your product - pick one! Again, not unique. You’ll need to pick your best option and begin testing how you will sell the product. You can build a great product, but if you can’t sell it you’re going to have a problem.

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Founder Development is the process of helping early and first-time founders through an experiential process learned from serial founders, MBA Entrepreneurship programs and investors. Unlike academic programs, it’s about launching and scaling a company first, there are no grades or credits. This takes take to do the work and won't’ likely fall into an academic quarter semester. Accessible programs are all about pricing that doesn’t preclude underrepresented groups from participating, it also means not filtering people out based on a bias or GPA. That’s why I decided to launch the @6MonthStartup program.


By accessible, I mean a reasonably priced program with reasonable frequency. Let's face it, if you are a "Starter," you need to spend resources on proving your idea not paying for things you don't need (at least yet!). Also, you shouldn't be leaving your day job until you prove the idea is worth your time and effort.


Founder Development is all about you and how you think. The process will confirm that you have a solid idea and have talked with enough potential customers to have validated that idea. In most cases, this is before you incorporate, before spending any money on trademarks or divvy up any equity. There are some great programs for company building and product development - most of those programs also invest in your startup if you have a team, product, and traction.


Who should attend?


  • Founders or Starters - if you're an aspiring Starter and want to confirm if your idea is worthwhile before you leave your day job. Can you go faster than 6 months? Of course, but it will likely still take you some time to validate your ideas and work through the process - we're here to support you, either way, whether you have just the glimpse of an idea or if you already have product and revenue.

  • Potential Co-Founders - do you want to join a startup or are you looking for potential co-founders? You'll likely find them here.

  • Corporate Innovators - if you're looking to put some structure to your corporate goals - plus get to meet potential employees who like innovation.

  • Students - if you want to learn a process and structure to think about your ideas or the ideas of companies, you might consider joining in the future! Just know that your first idea may not be the idea you’ll ultimately launch. Killing bad ideas quickly if great, failing fast is dumb.


@6MonthStartup program is designed for you. You'll take the next six months to define and refine your idea, understand how to make money and make an informed decision if you should leave your day job or not. The monthly meetup format has content, exercises, time to pitch, feedback from mentors and dinner. You will have monthly deliverables - the result of that work will be the key to meeting with mentors at the next session. This is your startup and the pace at which you approach the work is up to you, however, mentors require that you have a serious idea and you're doing the work to get their time.

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Location

Union Club Tacoma

539 Broadway

Tacoma, WA 98402

View Map

Refund Policy

Refunds up to 7 days before event

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