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Expert Advice put to Work

For the past year I have been working on a business plan related to the film industry called On It Productions. In the last post I mentioned Mark Cuban and Guy Kawasaki and their experience running and creating businesses. For this business plan I will take what Guy Kawasaki has said and put it to use. The central point of Guy’s advice was to use the 10/20/30 rule. What is the 10/20/30 rule?

To make a pitch in less than 10 slides
Take no more than 20 minutes, and
Use a font no smaller than 30 points.

In my opinion, this was very good advice since I began researching starting a business. It makes you become succinct in your ideas an in communicating them. The central point of my pitch is to Be On Target, On Point, and On Time. I am selling reliability, competence, and convenience. Everything else about my business is standard to the staff leasing industry. The specialization of On It Productions is that we cater exclusively to pre-production, production, and post production phases of the film industry providing crew staff. We utilize technology for a streamlined administrative and communication process. We promote using our website presence as the central portal of communication.  Using a font no smaller than 30 points in ten slides.

Regarding Mark Cuban, he looks for new angles. Things that have not been tried before. On It Productions relies heavily on technology to manage, execute, and communicate with all levels of customers. Our primary corporate philosophy is one of customer service. We view our employees as customers, our clients as customers, and our contractors as customers. We strive to interact with them in real time utilizing text, mobile apps, telephone, email, social media, and ultimately in person. We use these forms of communication to enhance our one on one personal service. When we interact with customers at all levels, our focus is to instill our values and establish rapport so that future communications using electronic formats are associated with a positive experience. Our account executives have the resources to extend the company to maximize name recognition and further promote our brand.

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Experts 
Views on 
Business
 Plans

When it comes to creating a business plan there are a few experts who could give you insight on tips of a well thought out plan. Today I will be talking about two two successful and well known angel investors and entrepreneurs: Mark Cuban and Guy Kawasaki.


Mark Cuban was born in Pittsburgh, Pennsylvania to a middle class family. At the age of 12 he was selling garbage bags door to door. That entrepreneurial spirit lead him to founding HDNet, Broadcast.com and MicroSolutions. Mark has invested in numerous other start up companies such as Mahalo, JungleCents.com and Motionloft.com. In 2004 Mark purchased the Dallas Mavericks, the 2011 NBA World Champions. He currently co-owns Magnolia Pictures and Magnolia Home Video. According to Forbes (forbes.com) he has a net worth of $2.5 Billion.

Mark is a trend setter not a follower. With business concepts he looks at things that are new and different, an example is the movie Bubble, which he release across multiple platforms in 2005 including theatre, cable, satellite Internet and DVD. This was to give consumers a choice as to how they wanted to see the film. (imdb.com). Mark is a regular angel investor on the ABC Network television show Shark Tank, where upstart entrepreneurs get an opportunity to pitch their businesses before Mark and other millionaires for investment partnerships. Mark frequently looks for the odd man out, non-traditional ideas that have the potential to make an impact on the world while at the same time, make him money.


Guy Kawasaki was born in Honolulu, Hawaii in the 1950s. He is the co-founder of Alltop.com and a former Chief Evangelist of Apple Computers.

Guy Kawasaki has tips for help with a business plan. He has a 10/20/30 Rule for a business plan PowerPoint Presentation.First, the presentation should be no longer than 10 slides. These slides should address his 10 different points which include “Problem, Your solution, Business model, Underlying magic/technology,Marketing and sales, Competition, Team, Projections and milestones, Status and timeline, Summary and call to action.” Second, the length of the presentation should be no longer than 20 minutes. Finally, the font size should be no smaller than 30 points. blog.guykawasaki.com
These key considerations because they are to the point, Short, and they demonstrate that the person presenting is well informed of their subject matter.Mr. Kawasaki has invested millions using these rules.



Other resources used in this blog
www.biography.com
abc.com
www.forbes.com
www.imdb.com
www.guykawasaki.com

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