Posted 1:15pm
Another glorious day of sunshine. It wasn't that long ago we were trudging through snow and icy winds. But I am definitely a warm weather fella. It lifts the spirits and drives me forward. Long may this weather continue.
I am just going to do an entry around our foundations. I have mentioned in the past about getting all the basics in place first before you can move forward. But I am not sure many realise just how much work goes into that. I have attended many network events in the past, listened to inspirational people with great ideas, but they have no concept of how much work they need to do before anyone will consider investment. I hear people saying they want quite large amounts of money, without understanding what they have to do beforehand.
We have created a great programme and base, but that is through thousands of hours of meetings, paperwork, and diligence. Business Plans, communication, networking, building relationships and trust, and a good understanding of budgets, and cashflows especially, are fundamental. But it all takes time, and a lot of it is never seen by outsiders, who probably wonder why things take so long.
Policies, contracts, plans, spreadsheets, proposals, applications, even presentations, all have to be created, revised, adapted, and perfect!!! So much rides on all - so pressure and stress abound aplenty (but that is quite good as it focuses your thoughts).
We have just signed up for Quickbooks. With recent funding from Cripplegate, and upcoming funding from SHP, I didn't want to base our accounts on Excel - I wanted to use accounts software. Sage was too much for what we wanted. Quickbooks should be okay, and it was a great deal online. And it will be good to have the software start from the beginning of our journey.
It feels like we have been setting up for ages. And we still do not have seed funding. But a lot of people know us now, and like what we are doing. We need to establish core funding in the next few months. I am sure we will.
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