Popup Business Part 1 | Alan Donegan
Episode 056
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Unleashing the Power of Dance for Social Entrepreneurship
Starting a business doesn't have to mean incurring enormous debts or losing track of your passion. With a well-structured approach and community support, you can navigate your entrepreneurial journey successfully. This article will guide you through actionable insights inspired by the story of Talis Strube, a dance instructor who is utilizing dance therapy to benefit individuals with Parkinson’s disease.
Embrace a Social Mission
Creating a business rooted in social good offers a profound sense of purpose. Talis Strube’s venture focuses on providing dance classes for people with Parkinson’s disease, blending her passion for dance with her desire to make a difference. Establishing a mission-driven business allows you to attract like-minded individuals and increase community engagement. Reflect on your passions and consider how you can transform them into a benefit for others.
Identify Your Unique Value Proposition
Your business should highlight what makes it distinctive. Talis focuses on ballroom dance because it promotes social interaction, cognitive stimulation, and physical exercise. Ask yourself: What unique value do you offer? Clearly define your Unique Selling Proposition (USP) and integrate it into your marketing strategy. This clarity will help potential customers comprehend the core benefits of your service or product.
Explore Funding Opportunities
The key to starting a business without financial strain is to explore various funding options. Talis is funded through local chapters of Parkinson’s organizations, which provide financial support to facilitate her classes. Identify potential sponsors or partnerships within your community. Look for organizations or corporations that share a rapport with your mission and can benefit from supporting your venture—perhaps through increased brand visibility or fulfilling community roles.
- Action Item: List local organizations aligned with your values and outreach potential sponsors who might appreciate a partnership.
Build Community Connections
Connecting with your community is vital for growth. Talis emphasizes the importance of creating community bonds among her class participants, who motivate one another to maintain consistency in attendance. When building your customer base, create a space for community connection through social media, local events, or workshops.
- Action Item: Consider hosting free introductory sessions or workshops to attract your potential customers and foster relationships beyond business transactions.
Leverage Data to Prove Impact
Data should be a cornerstone of your business strategy. Gathering feedback from participants can demonstrate the social impact of your work, which will be crucial for securing future funding. Talis collects data on participants’ well-being and physical abilities to illustrate the positive effects of her dance classes. Consider implementing pre-and post-participation surveys to track participants' progress.
- Action Item: Develop a simple survey to collect feedback regarding the efficacy of your classes. Use this data to establish credibility and as a storytelling element for funding proposals.
Create an Engaging Marketing Strategy
Public relations and storytelling can amplify your visibility. Talis aims to share her participants’ stories and experiences through local news outlets to garner interest and funding. Reach out to local media to feature your stories or success cases, ensuring that your marketing approach highlights emotional engagement over financial gain.
- Action Item: Craft compelling narratives that showcase the transformative experiences of your participants. Leverage these narratives across social media and community boards to reach a broader audience.
Develop a Lean Business Model
Adopting lean startup principles can enable you to test and adapt your business model effectively. Rather than diving into major financial commitments, start small, iterate often, and seek feedback. Talis exemplified this by teaching one class and expanding as demand and support called for it.
- Action Item: Create a minimal viable product (MVP) version of your offering that provides value without substantial upfront costs. Gather insights from early users and refine your offerings.
Collaborate with Other Organizations
Partnerships can expand your reach and increase resource availability. Talis’ venture into dance therapy is ripe for collaboration with healthcare facilities, especially retirement communities looking to keep residents active. Establish partnerships with institutions that would benefit from your services and can offer shared resources or funding.
- Action Item: Create a list of potential partner organizations that align with your business goals and explore how you can work mutually to serve your communities better.
Invest in a Professional Digital Presence
In today’s digital age, a professional online presence is non-negotiable. Talis plans to create a website to further promote her dance classes and share success stories. A well-crafted website will serve as an info-hub where interested participants can find more about your offerings, register for classes, and follow updates.
- Action Item: Invest time in building your website using user-friendly platforms like Wix or Weebly. Ensure your online image reflects your brand identity and mission.
Establish Metrics for Success
Finally, consistently measure the outcomes of your business practices. Talis has embarked on a mission to not only teach dance but also to monitor the well-being of her participants. Recognize that success could mean different things— from the number of classes held to the community engagement rates.
- Action Item: Develop clear metrics to evaluate your operations. This can include the number of classes conducted, participant satisfaction levels, or community partnerships formed.
Conclusion
Stepping into entrepreneurship demands reflection, action, and community engagement. By following in the footsteps of innovators like Talis Strube, you can effectively channel your passions into impact-driven ventures, fostering both personal fulfillment and social good. Embrace your journey and start taking actionable steps today—it’s time to unleash your business potential for the greater good!
Notice
In this episode we cover:
- First episode the year: Coaching call
- Call between Alan Donegan and Tallis on her new business idea
- Alan will walk her through ideas to grow her business
- Tallis’ business: dance classes for people with Parkinson’s disease
- Reasons why dance classes work
- Defining who are the customers
- Defining who would fund the business
- Planning out Tallis’ business model
- Alan’s advice to find funding using examples
- How to use reports as a pitch for funding
- Alan’s tips: finding social value, building an email list, scaling the system
- How to show that the business idea works
- The importance in adding value to people who fund the business
- Where to start with PR
- The branding process
- The importance of having a website
- How ChooseFI will check in every so often
- Why and how Talis will start the business frugally
- The importance of being very clear who your customer is and how you can help them
- How FI helps us become entrepreneurs
Alan’s key questions:
- Who’s the customer?
- Who’s going to fund your business?
- What proof do you have that your business works?
- What makes your business different to other similar ones?
- Don’t sell workshops to people without money
- Sell to people who have the same desire to fix the problem as you
- How can you give back to the institution/company funding you?
- Use a report/survey as data to support your business
- What social good does your business achieve?
- How could you measure whether the idea works?
- Build credibility by involving other people’s stories
- Build a list of contacts of your possible customers
- How will you brand your business?
- How can you minimize the cost?
- Are you clear on who your customer is and how you’re helping them?
Listen to Brad and Jonathan's thoughts about this episode here.
Links from the show:
- Episode 30: The Unspoken Lever of FI
- Alan Donegan from the PopUp Business School