echallenge - Entrepreneurs' Challenge

Further Enquiries:
Entrepreneurship, Commercialisation and Innovation Centre (ecic)
Level 1, Engineering South Building
THE UNIVERSITY OF ADELAIDE
SA 5005 AUSTRALIA
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Telephone: +61 8 8303 7422
Facsimile: +61 8 8303 7512

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business plans quotes...

"He can compress the most words into the smallest ideas of anyone I have ever met"

Abraham Lincoln

Resources & Research Guide

Great technical ideas are often a good start, but successful business plans include sections on marketing and financials based on additional research. There are many resources available to help write business plans and to research strategies, industry trends, customer needs and potential competitors.

In order to be sure your product or service targets the needs of your customers you will need to be familiar with how these people behave. In order to construct convincing sales and revenue forecasts you must understand competing firms.

When conducting market research, remember to take time to talk with actual potential customers. Many times the fastest way to get the information you need is simply to ask the people who know. You can contact potential customers, suppliers, and competitors directly through interviews or surveys; this is often the most useful, efficient, and credible method. To identify contacts, use the Yellow Pages or the relevant industry directories (available at many libraries).

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The resources below may help to get you started:

  • Crossing the Chasm, Geoffrey Moore
  • Inside the Tornado, Geoffrey Moore
  • Marketing High Technology: An Insider's View, Bill Davidow
  • Relationship Marketing: Successful Strategies for the Age of the Customer, Regis McKenna
  • Business Plans for Dummies, Paul Tiffany and Steven Peterson
  • Only the Paranoid Survive, Andy Grove
  • Hypercompetitive Rivalries, Richard D'Aveni and Robert Gunther
  • The Prize, Daniel Yergia
  • Start-Up: A Silicon Valley Adventure, Jerry Kaplan
  • Pratt's Guide to Venture Capital Sources, Ted Weissberg, ed.
  • The Diamond Age, Neal Stephenson
  • The Innovator's Dilemma, Clayton M. Christensen
  • Enterprise and Venture Capital, Chris Golis

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Online Resources

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Books

  • Rob Adams, A Good Hard Kick in the Ass: Basic training for entrepreneurs, (Crown Business, 2002)
    • ISBN 0-609-60950-5
  • John Bessant, High-Involvement Innovation: Building and sustaining competitive advantage through continuous change, (John Wiley & Sons, 2003)
    • ISBN 0-470-84707-7
  • Thomas L Friedman, The Lexus and the Olive Tree, (Harper Collins, 2000)
    • ISBN 0-00-655-139-4
  • John Legge & Kevin Hindle, Entrepreneurship: How innovators create the future, (Australian Dept of Industry, Science and Tourism, 1997)
    • ISBN 0-7329-3940-2
  • Jakki Mohr, Marketing of High-Technology Products and Innovations, (Prentice Hall, 2001)
    • ISBN 0-13-013606-9
  • Richard Razgaitis, Early-Stage Technologies: Valuation and pricing, (John Wiley & Sons, 1999)
    • ISBN 0-471-32856-1
  • Kevin G Rivette and David Kline, Rembrandts in the Attic: Unlocking the hidden value of patents, (Harvard Business School Press, 2000)
    • ISBN 0-87584-899-0
  • Everett M Rogers, Diffusion of Innovations, 4th ed (Free Press, 1995)
    • ISBN 0-02-926671-8
  • Peter Switzer, 350 ways to grow your small business, (Harper Collins, 2002)
    • ISBN 0-7322-7214-9
  • Jeffrey A Timmons and Stephen Spinelli, New Venture Creation: Entrepreneurship for the 21st Century, 6th ed. (McGraw-Hill, 2003)
    • ISBN 0-07-249840-4
  • David B Yoffie and Mary Kwak, Judo Strategy: Turning your competitors’ strength to your advantage, (Harvard Business School Press, 2001)
    • ISBN 1-57851-253-0