INSPIRE
From Curiosity to Concept
READINESS CRITERIA: After this stage, entrepreneurs can succinctly
articulate their business concept (and problem it solves). They can also
describe their readiness to develop their concept into a company.
LEARNING MAP:
- Ideation & Exploration
- Business 101
- Personality profile
- The Entrepreneurial Mind
- Creative Storytelling
- Resource Roadmap
- Business Plan
DEVELOP
From Concept to Company
PURPOSE: We help entrepreneurs validate feasibility, desirability, and
viability of their specific business concept and build the company to
support it.
READINESS CRITERIA: After this stage, entrepreneurs can succinctly
articulate their service/product offerings, their customer and market,
what differentiates them, and how they will make money.
LEARNING MAP:
- Vision, Mission, Goals, Objectives
- Market analysis
- Business plan
- Web site, Social media accounts
- Legal company formation
- Financial statements (P&L, Balance Sheet, Cash Flow)
EXECUTE
From Company to Customers
PURPOSE: We help entrepreneurs activate their learning to date,
experiment, leverage toolkits provided and execute their business with
support.
READINESS CRITERIA: After this stage, entrepreneurs can succinctly
articulate their service/product offerings, their customer and market,
what differentiates them, and how they will make money.
LEARNING MAP:
- Vision/Mission Clarity
- Customer discovery
- Customer acquisition / business development process (repeatable)
- Product/service delivery
- Business model
- Marketing plan
- Pitch Deck
ACCELERATE
From Customers to Growth
PURPOSE: We help entrepreneurs expand their revenue and customer base, and
deploy systems that will position them well for scale.
READINESS CRITERIA: After this stage, entrepreneurs can succinctly
describe their levers for growth, how they have grown their business,
their anticipated barriers and mitigation strategies, and how they track
progress.
LEARNING MAP:
- 3-Year Strategic plan with growth strategy
- Operations manual
- Employee manual
- 3-Year Org Chart
- Grow sales and customer expansion
- Exploring capital acquisition
SCALE
From Doer to Owner
Pacesetters Studio, is The Russell Center’s invitation-only experience,
that supports (10) growth stage Black led companies selected for a
two-year in-house entrepreneur studio experience. Anchored by Ernst and
Young’s trademarked Velocity platform and RICE signature curriculum –
collaborating with some of the biggest names in business.
These high potential companies receive the highest levels of access and
support in wrap-around services to accelerate and support their growth,
profitability and scale. Partners include Google, Chase Bank, Accenture,
King and Spalding and others ultimately creating jobs, strengthening the
community, increasing wealth, and setting the pace for others to follow.
