{"id":46,"date":"2008-04-27T01:17:19","date_gmt":"2008-04-27T00:17:19","guid":{"rendered":"http:\/\/luke.szkudlarek.pl\/blog\/2008\/04\/27\/jonathan-jays-formula-for-a-successful-startup\/"},"modified":"2008-04-27T01:47:10","modified_gmt":"2008-04-27T00:47:10","slug":"jonathan-jays-formula-for-a-successful-startup","status":"publish","type":"post","link":"http:\/\/luke.szkudlarek.pl\/blog\/2008\/04\/27\/jonathan-jays-formula-for-a-successful-startup\/","title":{"rendered":"Jonathan Jay formula for a successful startup"},"content":{"rendered":"<p>I went to see Jonathan Jay, he runs highly <a href=\"http:\/\/www.jonathanjay.com\">successful Coaching Academy<\/a>, at Business Startup conference (Excel, London).  He&#8217;s done one slide presentation where he explained this formula for a successful startup. <\/p>\n<p><img src='http:\/\/luke.szkudlarek.pl\/blog\/wp-content\/jonathan-jay-formula1.jpg' alt='Jonathan Jay Formula for a successful startup' \/><\/p>\n<p><strong>NM<\/strong> &#8211; niche market<br \/>\n<strong>QL<\/strong> &#8211; quality leads<br \/>\n<strong>AS<\/strong> &#8211; automated system (to generate and process leads)<br \/>\n<strong>PP <\/strong>&#8211; people power (reduce as much as possible &#8211; i.e., try with less staff)<br \/>\n<strong>QP <\/strong>&#8211; quality product<br \/>\n<strong>BPM <\/strong>&#8211; big profit margin<br \/>\n<strong>LO <\/strong>&#8211; low overheads<br \/>\n<strong>RR <\/strong>&#8211; reduce risk<br \/>\n<strong>RP <\/strong>&#8211; repeat business<br \/>\n<strong>WN <\/strong>&#8211; what&#8217;s next<br \/>\n<strong>BP <\/strong>&#8211; big profit<br \/>\n<strong>EH <\/strong>-eternal happiness<br \/>\n<strong>square 2<\/strong> &#8211; are two additional components that can multiply profits and happiness &#8211; no 1 is understanding sales and marketing and no 2 your attitude<\/p>\n<p>It all sounds really simple but I thought is a great way to look at any business plan or idea. Also, Jonathan gave many real examples for all the acronyms above. <\/p>\n<p>I&#8217;ve decided to improve his formula to make it mathematically correct. <\/p>\n<p><img src='http:\/\/luke.szkudlarek.pl\/blog\/wp-content\/jonathan-jay-formula-improv1.jpg' alt='Jonathan Jay Formula for a successful startup Improved!' \/><\/p>\n<p>Another speaker I went to see was Jeremy Martin, co-founder of the brand <a href=\"http:\/\/www.forgoodnessshakes.com\/\">For Goodness Shakes<\/a>.  He delivered extremely interesting presentation proving that any brand can be successfully promoted with a little budget. <\/p>\n<p>You can find out more about the seminar on the <a href=\"http:\/\/www.bstartup.com\/\">Business Startup website<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>I went to see Jonathan Jay, he runs highly successful Coaching Academy, at Business Startup conference (Excel, London). He&#8217;s done one slide presentation where he explained this formula for a successful startup. NM &#8211; niche market QL &#8211; quality leads AS &#8211; automated system (to generate and process leads) PP &#8211; people power (reduce as <a class=\"read-more\" href=\"http:\/\/luke.szkudlarek.pl\/blog\/2008\/04\/27\/jonathan-jays-formula-for-a-successful-startup\/\">[&hellip;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[16,15],"tags":[],"_links":{"self":[{"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/posts\/46"}],"collection":[{"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/comments?post=46"}],"version-history":[{"count":0,"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/posts\/46\/revisions"}],"wp:attachment":[{"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/media?parent=46"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/categories?post=46"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/luke.szkudlarek.pl\/blog\/wp-json\/wp\/v2\/tags?post=46"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}