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The Big One

I got the idea of the Big One from an experience of a family member. It is "thing to do" for individuals, couples, group of friends in an environment that would interest the British people and tourists. Similar businesses operate in Eastern Europe with great success, but the idea was not brought to the British market yet. My aim is to open a facility in Liverpool or Manchester, build a strong brand and franchise it to other cities in Britain.

I do not want to reveal it at the moment, however there is a leading picture...



I pet the idea for more than a year now. A year ago I took some basic steps to break down the idea into parts to see what would be necessary for the launch.
The business would need a large capital investment even if I want to start it on a small scale and invest in development later. It requires a large size building, some equipment, special features and to maximise its potential, it has to be in a city that is the target of tourism. It turned out from my analysis, that although it possibly would be a lucrative business, I did not have the knowledge, money, time and personal circumstances at that time, therefore, I put the idea in the drawer. 

Some of the factors changed since then, primarily due to the University and the LaunchPad program. I have access to a wider pool of knowledge and a network of knowledgeable people. The shared knowledge might generate money for the start and guide me how to sustain the money after the launch.
It will be a very intensive learning process and I am a bit scared. I focus on the fact that even if I fail at some point with the Big One, it will be a life-changing experience. I will gain precious transferable skills, I will be a potentially succesful candidate for the jobs I prefer to do and I will be a more knowledgeable person. From this point of view, there is no failure in the process, I will be a winner in any case.


(Oh, have I told you that an Even Bigger idea have popped out while I have done the planning of the Big One?!)

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About me

Hi, my name is Monika Szabo-Helyes and I am a second-year undergraduate international business and management student at the University of Central Lancashire. This year I was selected to take part in the LaunchPad program which is a two years leadership masterclass of the university. As a member of this program, I take part in workshops, seminars, company visits and meet a large network of people to enhance my employability potential. My aim is to work in operations or project management after graduation. Well, that was my current elevator pitch... Not telling much about who I really am. A bit of personal addition: I am a 32 years old Hungarian national living in the UK for 6 years. The only daughter of my parents, wife, mother of a 9 years old boy and a 3 years old girl, mortgage and cat owner. I presume I will talk a lot about my background in the future post, so I cut off now. What is more interesting at this point, that I am also the one who regularly drive my family insane w

The Lean Startup book

During the Christmas period, I read Eric Ries's: The Lean Startup book. It was recommended by one of my university peer whom I approached with the Big One. I enjoyed reading it very much and I had a lot 'hmm moments'. Although this book mainly concentrates on the IT startups, the learning cycle and the business growth strategy could be useful for other types of businesses. The idea that hit me hard was that you better not to take it granted that the product or service what you perceive to be good is what the customers really need and they are happy to pay for. I guess it is a common trap for new entrepreneurs who are in love with their ideas, like me. The book highlighted the necessity of building up a direct relationship with the future customers in order to get to know their experience, perceptions, wants, etc. Also, the book argued to leave enough place and funding for alternatives if during the market research or the pilot launch period your hypothesis about the pr