Expert

  • Patrick Hehir
    Patrick Hehir
    Founder and CEO, Business Value Group International

    Pat founded BVG in 2009 as a business performance and value creation consulting company.

    He has 25 years of International Business Operations experience. As SVP of Mgmt. Systems at Flextronics International, Pat drove the large scale transformational change growing the company from $13B in revenues to $35B in four years. Prior to this role, Pat was VP of Global Initiatives which included Lean/Six Sigma, RoHS, Org Development, Corporate Strategy and L&D.

    Pat was SVP and Chief Manufacturing Officer of Trimble Navigation where he shifted Trimble to an outsourced manufacturing strategy. Adding 6 points of gross margin and driving stock price from $7 to $60 in 2 yrs.

    Pat holds a Masters degree in Operations from National University Ireland, an MBA for San Jose State University and Masters in Organizational Development at Pepperdine University. He also is an active mentor to CEO’s of Social Benefit Enterprises with Santa Clara University.

Local Time

  • Timezone: Europe/Zagreb
  • Date: Jun 29 2021 - Jul 03 2021

Location

Virtually through Zoom
zoom.us
Category

More Info

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Date

Jun 28 2021 - Jul 02 2021

Cost

$269.00

Programs

RiseUp

RiseUp: Demystifying Unit Economics

Know your business, tell your story well. Unit Economics is foundational to both!

Founders having a compelling vision for a product or service is insufficient in raising capital. It must be accompanied with a confident and deep understanding of the unit economics. Knowing the relationships between revenue, costs, margin and cash at each stage of the company’s development, is vital. That’s what understanding the unit economics helps you do.

The Demystifying Unit Economics sprint will provide the fundamental knowledge and the implications on control and planning when it comes to sales and financial planning.

Who should attend this cohort?

Founders and first-time CEOs and CFOs who have the responsibility of leading the fundraising activity. These people should have full access to the current financials and also to the sales projections/forecasts. We encourage startups to bring the core executives, participating in this sprint as a team. It is helpful if participants have a comparison/competitive products identified including their pricing and cost information.

Homework and Outcome

Founders who take Demystifying Unit Economics will define the economic UNIT for their business.

They will learn the relationships between revenue, costs (fixed and variable), and margins. This allows founders to learn the basics of the business model and not have to rely totally on the finance function.

One doesn’t need an MBA to be able to speak confidently about the business’s economic model. The homework will help you build your business forecasts and projections tied to key milestones.

The outcome will be immense confidence when speaking to investors on the capital needed and the drivers behind the ask.

Course Timeframe

Monday, June 28, 2021 – 3pm – 4:15pm PT (6pm – 7:15pm ET)

Wednesday, June 30, 2021– 3pm – 4:15pm PT (6pm – 7:15pm ET) ET)

Friday, July 2, 2021– 3pm – 4:15pm PT (6pm – 7:15pm ET)

Meet the Expert

 Patrick Hehir
Founder and CEO, Business Value Group

Pat founded BVG in 2009 as a business performance and value creation consulting company. He has 25 years of International Business Operations experience. As SVP of Mgmt. Systems at Flextronics International, Pat drove the large scale transformational change growing the company from $13B in revenues to $35B in four years.

Prior to this role, Pat was VP of Global Initiatives which included Lean/Six Sigma, RoHS, Org Development, Corporate Strategy and L&D. Pat was SVP and Chief Manufacturing Officer of Trimble Navigation where he shifted Trimble to an outsourced manufacturing strategy. Adding 6 points of gross margin and driving stock price from $7 to $60 in 2 yrs.

Pat holds a Masters degree in Operations from National University Ireland, an MBA for San Jose State University and Masters in Organizational Development at Pepperdine University. He also is an active mentor to CEO’s of Social Benefit Enterprises with Santa Clara University.

RiseUp sprints are week-long engagements, entirely focused on helping you solve your most head-scratching business problems.

Sprints are led by experts who identify, address, and solve similar issues so frequently, they can quickly understand the source of your problems and offer advice as you create a smart plan that will help your business rise. Each sprint is attended by a hand-picked cohort of founders facing similar challenges, who learn from the expert leading the sprint and each other.

This isn’t like taking a class to learn the basics of running a business. RiseUp sprints drill down into specialized topics, asking “what’s broken?” in your business model, product, organization or execution. Be prepared to roll up your sleeves and be assigned (and complete) homework, while diving deeply into what’s holding back your business. Rise Experts are there to guide you, but they aren’t going to do your job for you. It’s up to you to lead your company to growth as you hypothesize better outcomes and create and execute your plan.

Sprint to the top with RiseUp.

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Hourly Schedule

Monday, May 10

4:00pm - 5:15pm MT
Day 1
Introduction and homework assignment

Wednesday, May 12

4:00pm - 5:15pm MT
Day 2
Diving into financials

Friday, May 14

4:00pm - 5:15pm
Day 3
Forecasting break even points