Entrepreneurs do not always understand that investors and financial agencies judge startup ventures more by the skills and credentials of senior management than the technology being commercialized. More important, without senior management guidance and leadership, time and cash will be wasted, the risks are greater, and the chances for success are less. We provide executive services on a part-time basis at a fraction of the cost of a full-time senior manager.
Services include: business mentoring and executive coaching, concept planning, analysis of first project selection, strategic leadership, business and financial planning, pro forma design and analysis, techno-commercial evaluations, feasibility studies, and contract negotiations. A good technology may never get funding if not supported by a good business plan and pro forma.
For Indigenous ventures, an additional component is the integration of Elder guidance, community values, and Indigenous knowledge into the business and financial planning process. Sixth Element incorporates a quadruple bottomline approach, incorporating Indigenous economic, social, environmental and cultural values. Such projects are often social enterprises where the social return on investment (SROI) is more important that the simple financial return forecasted from the pro forma (ROI).