Talking Raising Capital with Roscoe Price Moor, Roady

Dragon’s Den.
Shark Tank.

Many readers will be familiar with these reality television shows in which fledgling entrepreneurs pitch their business start-up idea to experienced business people, seeking their investment.

In 2020 Roscoe Price-Moor stood in front of a group of potential investors and pitched his idea for an app, Roady.

Roady began in 2017 as bespoke itinerary planning business for independent international travellers.

Roscoe worked with clients to design a self-drive road trip taking in aspects of Aotearoa that appealed to independent travellers.

It was though, a labour intensive process. Taking inspiration from Pokemon Go Roscoe began thinking about a similar app style that could be used by tourists, whereby they could use the app to devise their own itinerary while adding a game element to a road trip.

Originally trained as a Physical Education teacher, Roscoe worked on his business and kept thinking about potential app development whilst continuing to work as a relief PE teacher.

Then in early 2020 along came Covid and no one was road-tripping anywhere.  Two years on Roscoe says, with hindsight, that Covid was a good thing because it forced him to consider his options and “Put the old model to bed”.

With his travel app idea still very much a concept, Roscoe signed up for a Creative HQ incubator course.

The Incubator is a 6-month hybrid programme open to startups based in Te Whanganui-a-Tara, Wellington.

The Creative HQ programme allows participants time to concentrate exclusively on the development of their idea, whilst providing them with the information required to start a business alongside mentoring from experienced business people.

An invitation followed to participate in a development accelerator programme specifically for tourism at the end of which Roscoe’s idea was refined and he then pitched the concept to a group of Angel HQ investors.

“Raising capital was completely new to me.  It was certainly something Creative HQ and the mentors in the programme helped with … making me aware of the options out there …

… you really need to be confident and have a clear plan.  You really need to be able to articulate to these investors what their money is going to get them as a result of the funding…” 

The resulting funding allowed Roscoe to get Roady off the ground, employ a staffer and formally launch the business in August this year.  Free to download, Roady is now tracking at 18, 000+ downloads with more expected as the summer holiday period approaches and inbound tourism numbers increase.

Following the successful uptake in New Zealand the company is now planning expanding into the Australian market.

Learn more about the Roady journey and development plans in Wellington City Libraries’ interview with Roscoe.

If you want to know more about how to successfully seek investor funding we’ve collated some resources for you.

Online resources and articles

Callaghan Innovation has created and made available, “Capital education resources to help businesses understand the equity capital raising process in New Zealand. No matter what age or stage your company or innovation is at, these resources offer expert advice on how to raise the capital needed to build a thriving business – even in a COVID-19 impacted environment.  You can find them here

Late last year the University of Auckland published research “documenting the experiences women entrepreneurs have had when trying to raise capital has revealed the challenges they face navigating entrepreneurial ecosystems”.

Dr Janine Swail’s research Raising Capital in Aotearoa New Zealand: Insights From Women Entrepreneurs provides insights from 26 female entrepreneurs.

Business.govt.nz outlines what lenders look for if you are Applying for a Loan
“Lenders want to see good financial habits, a clear vision for the future, and a funding proposal supported by processes and a strong team. See what else they look for and how you can improve your chances of getting finance”.

Samantha Novak’s article 7 Creative Financing Options for New Businesses and Startups looks at some of the alternative, less traditional routes to raising investment to help develop your fledgling business.

Jason Yeh, Adamant Ventures, shares some of the lessons learned from over 15 years in business in How to Avoid Your Biggest Fundraising Mistake and Successfully Raise Capital

8 Things to Know Before Raising Startup Capital offers advice from business owners and lending experts to those seeking startup capital for new ventures.

Books in the WCL collection

Pitch like Hollywood : what you can learn from the high-stakes film industry / Desberg, Peter
“A clinical psychologist and writer/producer share secrets to overcoming presentation anxiety and crafting the perfect “award-winning” pitch-no matter what industry you work in! From impromptu elevator pitches to full-board presentations, sales and marketing professionals face an “audience” daily-often with make-or-break consequences. No matter what business you’re in, you can up your game substantially by incorporating elements of a classic Hollywood pitch: driving emotion, piquing curiosity, and ultimately winning over decision makers with top-notch persuasion and performance. Pitch Like Hollywood, clinical psychologist Peter Desberg and writer/producer Jeffrey Davis take you on an insiders’ tour of the entire process, from defining the fundamentals to smart strategies for overcoming stage fright (pitch panic). They also include a step-by-step guide so that you can adapt the Hollywood Pitch for your next board meeting or sales call…”– Provided by publisher.” (Adapted from Catalogue)

Backable : the surprising truth behind what makes people take a chance on you / Gupta, Suneel
“No one makes it alone. But there’s a reason why some people can get investors or bosses to believe in them while others cannot. And that reason has little to do with experience, pedigree or a polished business plan. Backable people seem to have a hidden quality that inspires others to take action. We often chalk this up to natural talent or charisma…either you have “it” or you don’t. After getting rejected by every investor he pitched, Suneel Gupta had a burning question: could “it” be learned? Drawing lessons from hundreds of the world’s biggest thinkers, Suneel discovered how to pitch new ideas in a way that has raised millions of dollars, influenced large-scale change inside massive corporations, and even convinced his 8-year old daughter to clean her room. Inside are long-held secrets from producers of Oscar-winning films, members of Congress, military leaders, culinary stars, venture capitalists, founders of unicorn-status startups, and executives at iconic companies like Lego, Method, and Pixar. Backable reveals how the key to success is not charisma, connections, or even your resume, but rather your ability to persuade others to take a chance on you. This groundbreaking book will show you how.” — Goodreads.” (Catalogue)

The entrepreneur’s guide to raising capital / Nour, David
“Ask any established business owner to identify his or her toughest challenge when just starting out, and you’ll likely get this answer: raising capital. Most aspiring entrepreneurs know far too little about the sources of money that can help start a business or fuel its growth. Where do you get capital? What are investors looking for? How do you ask for money in a way that gets results? This book answers these and many other critical questions… The Entrepreneur’s Guide to Raising Capital, designed to help entrepreneurs navigate the money-raising maze, shows how to attract financing to fund the start-up and growth phases any business moves through. It answers the most common_and the most perplexing_questions entrepreneurs have about financing a business: How do I put together a credible request for funds? How do I choose wisely from among the plethora of financial and strategic investors, consultants, investment bankers, and other intermediaries? How do I identify and avoid the risks associated with various sources of capital? How do I plan for the right kind, amount, and source of smart capital as the business evolves? How do I get the highest return on invested capital? How do I avoid the biggest mistakes entrepreneurs make when raising capital? This book provides real-life, pragmatic advice from entrepreneurs who have raised money from friends, family, angel investors, and banks, as well as institutional investors such as venture capitalists and private equity firms. It details the process from start to finish while spotlighting the danger spots and ways to avoid them. It will be especially useful to those who are uncomfortable making important financial decisions, and to those who are confused by all the conflicting opinions offered by advisors_both well meaning and otherwise. By showing readers the financing ropes, Nour removes a major source of stress for budding entrepreneurs and moves them closer to their dream come true: a successful business.” (Catalogue)

Funded : the entrepreneur’s guide to raising your first round / Hague, Katherine
“The venture capital world is often intimidating and hard to navigate, even for the most seasoned entrepreneurs. But it doesn’t have to be. Entrepreneurs who run effective fundraising processes don’t do it by accident. With this book, you’ll learn what it takes to successfully raise a round of funding for your company. Author Katherine Hague explains how the venture capital industry works, and walks you through each step necessary to plan, execute, and optimize your own fundraising round. Packed full of exercises, checklists, and templates, this book guides you through the process from start to finish. It’s ideal for entrepreneurs raising later rounds of capital, as well as those just starting out.
Gain an understanding of core venture capital concepts and standards
Learn how to develop and hone an investor pitch
Come away with a plan to hit the fundraising trail for your company
Develop the confidence you need to negotiate key terms in a funding deal
Understand best practices in fundraising, and learn how to avoid the top 10 fundraising mistakes” (Catalogue)

Building wealth through venture capital : a practical guide for investors and the entrepreneurs they fund / Batterson, Leonard A.
“Venture capital demystified, for both investors and entrepreneurs Building Wealth Through Venture Capital is a practical how-to guide for both sides of the table–investors and the entrepreneurs they fund.” (Catalogue)

Angel : how to invest in technology startups-timeless advice from an angel investor who turned $100,000 into $100,000,000 / Calacanis, Jason
“One of Silicon Valley’s most successful angel investors shares his rules for investing in startups. There are two ways to make money in startups: create something valuable-or invest in the people that are creating valuable things. Over the past twenty-five years, Jason Calacanis has made a fortune investing in creators, spotting and helping build and fund a number of successful technology startups-investments that have earned him tens of millions of dollars. Now, in this enlightening guide that is sure to become the bible for twenty-first century investors, Calacanis takes potential angels step-by-step through his proven method of creating massive wealth: startups… He guides you step by step through the process, revealing how leading investors evaluate new ventures, calculating the risks and rewards, and explains how the best startups leverage relationships with angel investors for the best results. Whether you’re an aspiring investor or a budding entrepreneur, Angel will inspire and educate you on all the ins of outs. Buckle up for a wild ride into the world of angel investing!” (Adapted from Catalogue)

Crowdfunding intelligence : the no-nonsense guide to raising investment funds on the Internet / Buckingham, Chris
“Crowdfunding’s time has arrived! Through the power of the Internet, it represents one of the most exhilarating ways to raise investment funds for your dream project. It enables you to get exposure in the public domain and can mean a seal of approval being given to your ideas by the masses. Developed from crowdsourcing – where people get together to generate ideas and solve problems – crowdfunding is an extension of this, only now the crowd add money (funding) to a project. It offers investment solutions to project needs in all sorts of fields, from apps to zoos. This book provides unrivalled explanations and frameworks to help any entrepreneur or business to prepare and execute a successful crowdfunding campaign and raise the capital they need. It contains expert insights and advice from the major players in the sector, including the leading crowdfunding sites, on how success can be achieved.”–Amazon website.” (Catalogue)

Last, but not least, if you are interested in tourism development this new publication from Bridget Williams Books may interest.

100% Pure Future: New Zealand Tourism Renewed
Sarah Bennett (ed).  Contributors: Dave Bamford, Susanne Becken, Hugh Logan, Rod Oram, Raewyn Peart, David Simmons, Erna Spijkerbosch, Te Ngaehe Wanikau and Tony Wheeler.
Covid-19 has had a devastating effect on New Zealand tourism, but the industry was already troubled by unchecked growth and questionable governance that has put pressure on the environment, infrastructure and communities. In this urgent collection of essays, nine writers outline their vision for sustainable tourism, the barriers to achieving it and how they can be overcome. This BWB Text is a rallying call for a genuine tourism ‘reset’ that puts the environment first and creates more meaningful exchanges between visitors and their hosts.

If you need more information please contact the Prosearch team at the library.  We can help you find information across a range of perspectives and resources.  All enquiries are treated in confidence.

Blokes in business : The story behind some Kiwi entrepreneurs

Entrepreneurial spirit comes in many forms and encompasses a diverse range of enterprises.  Throughout the decades New Zealand has produced a variety of independent, successful businesses many of which have achieved not only national recognition but have also flourished internationally.

Often these businesses are driven by a larger than life or high profile ‘personality’ who becomes synonymous with their company or product.  There may well be a tagline or advertising byline that takes on iconic status.  Think The Mad Butcher or Alan -“It’s the putting right that counts”- Martin.  Although the individual approach to business differs they tend to share the same qualities of vision, risk taking, and determination.

We’ve selected a few self-written books and biographies to provide readers with some insight and inspiration from some well-known, and less well-known, modern day New Zealand business blokes.

Life as a casketeer / Tipene, Francis
“…A deep, funny and personal story about the lives of New Zealand’s favourite undertakers, Francis and Kaiora Tipene. Born and raised in Northland, the married couple and parents to five boys now star … in their own reality television show The Casketeers, a show about day-to-day life (and death) at their Auckland funeral business, Tipene Funerals. This is Francis and Kaiora’s story, a story about a modest yet richly cultural Maori upbringing in the communities of Pawarenga and Kaitaia, the trials and tribulations of their love and marriage, the joy of raising five sons, and the dedication and mahi required to grow a business. It’s also a book about traditions of tangihanga, tikanga Maori and Polynesian ways of morning the dead. Inspirational, hilarious, and wise: this is a book to make you see dying, grief and remembrance in a totally new light.” (Adapted from Catalogue)

Farm for life : mahi, mana and life on the land / Walker, Tangaroa
“How farming helped Tangaroa Walker to stand up, stand out and realize his own dreams … T’s message is for everybody – he addresses physical and mental health, business and management, personal motivation and more – not just farming”–Publisher information.” (Catalogue)

 

 

No excuses : my story from crime to community and fat to fit / Letele, Dave
“The amazing true story of how Dave Letele lost over 100kg and took control of his life – and how you can, too. Dave Letele’s life has taken him from crime to community, footy to failure, riches to rags (and back again), and from fat to fit. Today, he is a businessman, community leader and life coach who helps literally thousands achieve their goals as the face of Buttabean Motivation. He gives out free meals for the homeless and runs a foodbank for people in need. But it wasn’t always like that… Like Dave says, I’ve been at the bottom and the top, and everything in between … If I can do it, you can. This is his story.” (Catalogue)

Pic : adventures in sailing, business, and love / Picot, Pic
“Long before rocketing to fame as a peanut-butter baron Pic earned his keep making cool sandals for his schoolmates and expensive handbags for their mothers. leatherwork paid for his OE. He went to flower-powered San Francisco, had a hair-raising entanglement with a Colorado drug gang, and lived in a bizarre squat in London, before returning to New Zealand and a fortnight in a psychiatric ward. He built a house on a commune, started an old-time photo business, joined a travelling rock band, and became a father. Next, he took up furniture making and helped establish the legendary Parnell Workshops and Storage, where his bespoke chairs morphed into tawdry giftware. After building a boat and sailing the Pacific, Pic moved to Nelson, where he started a spectacularly unsuccessful restaurant. Business success came with his charter-boat directory and sailing school. Then he retired. It was his disgust with commercial peanut butter that started him making his own. In a dozen years, he went from roasting nuts in a concrete mixer to employing fifty people. In February 2019, Pic’s Peanut Butter World opened. Pic’s unusual path to business success offers hope for anyone wanting to follow their dreams. His stories are exciting, full of insight, and very, very funny.” (Publishers description)

No limits : how Craig Heatley became a top New Zealand entrepreneur / Black, Joanne
“No Limits describes Craig Heatley’s entrepreneurial life. It charts the good times and the bad, his philosophies, his approach to currency trading and the significance of becoming the first person from the southern hemisphere to be invited to join the world’s most prestigious golf club, Augusta National, home of the Masters. Craig Heatley was still at high school when he created a subdivision on the back of $200 saved from his paper round. A few years later, building a mini-golf course launched a business that in 1986 saw him become the youngest person to have then featured in the National Business Review’s Rich List. But it is Sky Television that was his boldest and most precarious undertaking. The fledgling company teetered in the early nineties as rugby suffered its own crisis, torn between its amateur heritage and the forces of professionalism. Heatley could see the answer. Making it happen is part of his story.–Publisher’s description.” (Catalogue)

Heart to start : the story of a global start-up plus a guide for turning your ideas into action / Handley, Derek
“The story of a global start-up plus a guide for turning your ideas into action. The true story of how young entrepreneur Derek Handley conceived big ideas in New Zealand and launched them to the world, through a series of electric highs and crushing lows, before discovering what he was really put here to do. This book also includes a practical field guide for shaping your life dreams and goals and turning them into reality. It takes you inside the entrepreneurial mindset, covering energy and time management, filtering which projects to pursue, believing in yourself, redesigning habits and creating ideas that are uniquely yours. ‘Really inspirational and a great read. It will help and inspire budding entrepreneurs and appeal to anyone who wants to map out their lives.’ – Richard Branson” (Adapted from Catalogue)

Zero to 60 : from a wooden caravan to a multi-millionaire dollar business empire / Quinn, Tony
“From growing up in a wooden caravan to building his own state-of-the-art racetrack, this is the remarkable story of Targa champion, Hampton Downs and Highlands Motorsport Park owner Tony Quinn. On a frosty and clear morning in the small, Central Otago town of Cromwell, 2012, Tony Quinn and his son Klark stood with an iPad at the edge of an expansive basin of scrub and grass sketching the curves, corners and chicanes of an imaginary race-track. Less than 18 months later, Cromwell was abuzz at the inaugural Highlands 101, with visitors from all over Australasia flocking to Highlands Motorsport Park for the opening of the new 25-million-dollar racing circuit. To some people, building a racetrack in the middle of nowhere might have seemed like an impossible dream, but not to Tony Quinn. To be successful in life you have to think positive and in motorsport, you’ll never win a race unless you’re truly convinced that you can,’ he says. … As Tony says, ‘Where there’s shite, there’s money’. Starting out with a plan to get rid of dead cows in Dargaville, Tony founded a fat-rendering plant called Fatman, which sowed the seeds for a remarkable story of success in pet food, culminating in selling his business, VIP Petfoods, for over 400 million dollars in 2015.” (Adapted from Catalogue)

A bloke for all seasons : the Peter Yealands story / Percy, Tom
“A true maverick, Peter Yealands is a Marlborough legend and national figure of prominence in both the aquaculture and viticulture industries. He received the first marine farming license and he and his family were pioneers in the New Zealand mussel farming industry. Though a regular but reluctant name on the national rich list, many aspects of his business career represent archetypal ‘David and Goliath’ scenarios. His David to Jim Delegat’s Goliath was the Oyster Bay takeover story; a full-fledged battle between Peter Yealands and the Delegats Group both vying for control of the Oyster Bay Vineyard – successful brand but a puzzlingly unprofitable company. Yealands now owns the largest privately owned vineyard in New Zealand. And if that wasn’t enough he then built the world’s most ecologically advanced winery devoted to the concept of 100% sustainability. With such innovations as plastic bottles and Babydoll sheep to graze the vineyards, he has never let conformity stand in the way of innovation. Throughout it all he has maintained a consistent indifference to critics, an expansive and creative imagination and an unwavering dedication to hard work. The embodiment of Kiwi know-how and No. 8 wire ingenuity, and now an internationally regarded proponent of practical and profitable sustainability, Peter Yealands is indeed A Bloke for All Seasons.” (Catalogue)

Pete the Bushman : hunting tales and back-country lessons from a wild West Coaster / Salter, Peter
“The adventures of Pete the Bushman, a wild West-coaster from Pukekura, New Zealand’s answer to Crocodile Dundee and a man who owns his own town. This book about a true New Zealand bushman, of a life lived against the grain, of adventure in New Zealand’s thickest wilderness and a lifestyle any Kiwi bloke would envy. Pete the Bushman has lived a life inseparable from the bush – these are his stories of running down deer on foot, heli-hunting in his own chopper, finding the perfect woman and eking out a living from the bush. He and his wife Justine run the Bushman’s Centre, 35 mins south of Hokitika, established in 1991 as a place to show visitors how local people use the South Island forest. Pete’s cafe and the Puke Pub (opposite the centre) are famous for wild food, particularly possum, offering snacks like possum jerky and possum pie. They won one of the Monteith’s Wild Food Challenge, with ‘Chicken of the Forest’, ‘a baked, spiced possum on a bed of fresh vegetables with a touch of wild bush mint sauce’. Also known as ‘Possum Pete’, the Bushman is one of the eccentric and colourful characters featured on TVNZ’s ‘This Town’.” (Catalogue)

Hamilton’s jet : the biography of an icon / Walsh, John
“When Bill Hamilton won the contract to construct an aerodrome at Mt Cook in 1935, the sheep farmer-turned-engineer was on his way to establishing an engineering business eventually to employ 500 people in Christchurch that would leave its mark on the post-War infrastructural development of New Zealand. Yet it was Sir William Hamilton’s jet boat hobby that made him internationally renowned. He and his team discovered for themselves the secret to a successful jet boat, one that could tackle the swift-flowing rivers of the South Island. Soon Hamilton’s jet was making headlines conquering the Colorado River upstream through the Grand Canyon, river racing in Mexico, re-tracing Stanley’s footsteps in Zaire and jetting Sir Edmund Hillary in the sacred Ganges in India. In the economically turbulent 1980’s, CWF Hamilton & Co nearly succumbed like so many companies. To secure its future, the Company morphed from a multi-product heavy engineering business, aimed at the domestic market, to a single product-line manufacturer with a global perspective. That product was not the jet boat but the waterjet propulsion system itself. The untold story of the Company’s success on the world stage from that point on, in competition with Rolls Royce no less, is a salutary lesson in how to make commercial success of Kiwi ingenuity. Hamilton Jet is now the dominant propulsion choice for high-speed oil industry crew boats, navy and coast guard patrol boats, fast ferries and lately offshore windfarm servicing vessels around the world. With millions of dollars of waterjet product leaving the Christchurch factory each week, the legacy and romance of Bill Hamilton lives on”–Publisher’s description.” (Adapted from Catalogue)

Legend : from electric fences to global success : the Sir William Gallagher story / Goldsmith, Paul
“The story of New Zealand’s most successful exporter and its head, Bill Gallagher, who built on the invention of an electric fence to make the company a world leader in its field. New Zealanders are always being exhorted to take a clever idea and go global. Easier said than done. But one iconic company has been doing just that for over 75 years. Gallagher Industries began in a Hamilton shed in the late 1930s, when a self-taught engineer, Bill Gallagher, came up with a design for an electric fence that transformed New Zealand farming. His sons Bill junior and John took over the business in the 1970s and applied their engineering genius and driving ambition to turn it into one of this country’s most successful companies. Today it employs 600 staff in New Zealand and has distributes its animal containment and security products worldwide. Even Buckingham Palace is protected by a Gallagher security system Based on a ceaseless quest for efficiency and world-beating new technology, Gallagher products are peerless, and the company’s achievements the stuff of envy.And along the way Bill Gallagher, now Sir William, has managed to have plenty of adventure — including diving for sunken treasure with Wade Doak and the late Kelly Tarlton. This fascinating book tells how Kiwi can-do can be transformed into global success – and for the long haul. It hasn’t been easy: more than once Gallagher has had to pull his business back from the brink, but his inspired leadership got it through. Other companies may fall to overseas owners or lose their way but under Sir William Gallagher, Gallagher Industries – resourceful, nimble and generous in its philanthropy – is a proud New Zealand business that’s here to stay.” (Catalogue)

Toughen up : what I’ve learned about surviving tough times / Hill, Michael
“Lessons from New Zealand’s top entrepreneur on surviving tough times. Michael Hill believes it’s possible to succeed in a downturn – in fact, it is the perfect situation in which to perfect a business.” “Lessons from New Zealand’s top entrepreneur on surviving tough times. Michael Hill believes it’s possible to succeed in a downturn – in fact, it is the perfect situation in which to perfect a business. International jewellery store-chain owner Michael Hill believes the struggling economy can be a good thing for businesses and entrepreneurs. Instead of fearing the side-effects of recession, wallowing in gloom and convincing ourselves the only safe haven is at home under the blankets, entrepreneurs can use this period to their advantage. With the right attitude, you can not only survive, but also emerge from the crunch with a new feeling of prosperity and strength. Over the years, Michael Hill has had just about every possible experience in business- from lie-awake-at-night nerves to the joy of unexpected success. He’s reshaped the landscape under his feet and he has ventured into new territory. And at every moment, he has relished the excitement of it all. Once, he was an outsider in his industry; the cheeky startup whom nobody expected to succeed. The established players had no reason to view him as a threat. Now, his business is the establishment” (Catalogue)

If you need more information please contact the Prosearch team at the library.  We can help you find information across a range of perspectives and resources.  All enquiries are treated in confidence.

Talking about a passion for pinball with Hamish Guthrey, Ye Olde Pinball Shoppe

“Ever since I was a young boy
I’ve played the silver ball.
From Soho down to Bond St *
I must have played ’em all”  

Wait! Where? Bond Street?  (*Apologies to The Who)

Yes, Wellington’s pinhead community already know there’s a new game venue in town and now word is getting out that Ye Olde Pinball Shoppe (YOPS)  has opened in Bond St in Wellington’s CBD.

Hamish Guthrey, a self-described AV integration geek, has turned a long-time passion for pinball into one of Wellington’s newest niche businesses. YOPS is both a pinball arcade and a showroom for Multimorphic machines for which Hamish holds the NZ distributorship. He is also able to help enthusiasts source and import machines produced by other companies and provides an installation and maintenance service as well.

When I dropped by in early January the windows were covered in newspaper and what appeared to be a very random selection of words – bumpers, gobble hole, draining. My first exposure to the international language of the pinball afficionado. 

Since then, the fitout has been completed, the front doors opened for business and regular monthly pinball tournaments are being hosted.

Fun fact #1
A precursor to pinball evolved in France in the late 17th century and eventually became known as bagatelle.  The game continued to evolve with the first coin-operated gaming machines being invented in the USA in the 1930s.

The day Wellington City Library visited Ye Olde Pinball Shoppe a diverse clientele popped in for a quick couple of games, and included a preschooler unable to see the table top but who seemed to know what the buttons were all for.

From design to implementation and installation Hamish has been hands-on all the way through undertaking much of the work himself with the help of likeminded friends. The result is a 21st century tech meets 1970s vibe and is welcoming to all.

Fun fact #2
In America pinball was viewed by some as a game of chance (like gambling) and was therefore banned in many cities. New York didn’t lift its ban until 1976.

Wellington City Libraries sat down with Hamish and asked what led him to make the leap from being an enthusiast to setting up a business based on his long held passion passion.

This is a two part video – part one – below – will focus on the business side of setting up a business from scratch.  Part two will look more at the pinball side of the business.

Following on from Part 1 of our talk with Hamish from Ye Olde Pinball Shoppe about how he has turned his long time passion for the game into one of Wellington’s newest niche businesses, we take a look at the long history of pinball, the art and design of the machines, and hear more from Hamish about his plans to develop his business in the months ahead.

At the end of this blog we have included a curated list of pinball related items, some of which are available in the Wellington City Libraries collection

But first some resources to help you turn a passion into a business :

It starts with passion : do what you love and love what you do / Abraham, Keith
“How to ignite your passion, live with purpose, and succeed in life and business. No matter what you want to achieve in life, the secret to doing it is passion. For people to be happy, they need to find meaning in what they do and in the roles they play in their lives, careers, and communities. When we identify the personal passions that drive us, the byproduct is focus, satisfaction, and achievement. But it’s not always easy to find our passions. In this book, Keith Abraham shows you how to ignite the passion in your life, as well as in the lives of your colleagues, employees, and associates. He includes in-depth research, easy-to-understand concepts, inspirational stories, and clear visual models to show you how to find out what’s meaningful to you and pursue it with passion and energy. In the process, Abraham shows you what you can achieve when you align your purpose, passion, and personal goals.” (Catalogue)
Also available as an e-audiobook

Passion, purpose, profit : sidestep the #hustle and build a business you love / Killackey, Fiona
“The must-have book for anyone starting a business or looking to fall in love with their business again. It’s one thing to have a business idea, or even to start a creative business. It’s quite another to scale it sustainably without increasing your financial and emotional stress. For most small business owners, what starts as something energising quickly turns into something overwhelming and energy depleting. You spend so much time in your business, it’s hard to find any time to work on your business. In this practical guide, experienced business coach and creative consultant Fiona Killackey shows you how to scale the business without scaling the stress. From validating your business idea (whatever stage in its development), mapping out your money and specifying your business goals, through to hiring staff and defining your marketing plan, Passion Purpose Profit gives you a clear understanding of where you’re going and exactly how you’ll get there. Complete with step-by-step tips and templates, as well as case studies of successful creative business owners, Passion Purpose Profit will have you empowered and excited about business again.” (Catalogue)
Also available as an e-book

Crush it! : why now is the time to cash in on your passion / Vaynerchuk, Gary
“Do you have a hobby you wish you could do all day? An obsession that keeps you up at night? Now is the perfect time to take those passions and make a living doing what you love. In CRUSH IT! Why NOW Is The Time To Cash In On Your Passion, Gary Vaynerchuk shows you how to use the power of the Internet to turn your real interests into real businesses. Gary spent years building his family business from a local wine shop into a national industry leader. Then one day he turned on a video camera, and by using the secrets revealed in this book, transformed his entire life and earning potential by building his personal brand. By the end of this book, any reader will have learned how to harness the power of the Internet to make their entrepreneurial dreams come true. Step by step, CRUSH IT! is the ultimate driver’s manual for modern business. Gary Vaynerchuk has captured attention with his pioneering, multi-faceted approach to personal branding and business. After primarily utilizing traditional advertising techniques to build his family’s local retail wine business into a national industry leader, Gary rapidly leveraged social media tools such as Twitter and Facebook to promote Wine Library TV, http://tv.winelibrary.com, his video blog about wine. Gary has always had an early-to-market approach, launching Wine Library’s retail website in 1997 and Wine Library TV in February of 2006. His lessons on social media, passion, transparency, and reactionary business are not to be missed!”–Provided by publisher.” (Catalogue)

Launch your dream : a 30-day plan for turning your passion into your profession / Partridge, Dale
“Provides a thirty-day plan for starting a new business, teaching readers how to hone their ideas, build an audience, construct an online presence, master social media, craft a brand, and create great customer experiences. — Publisher’s description.” (Catalogue)

If your interests extend more to pinball than business  check these other interviews featuring Hamish :

From the Pinball blog Knapp Arcade there’s New Zealand’s Amazing New Pinball Arcade – Ye Olde Pinball Shoppe.  Read it here

Listen to Hamish’s interview on Radio Active

In the Wellington City Libraries collection we have :

Pinball : a graphic history of the silver ball / Chad, Jon
“Jon Chad illustrates the little-known story of pinball – how it works and why it all matters in an age of special effects and on-screen gaming.”–Amazon.com” (Catalogue)

 

In the interview we talk about the Guns ‘n Roses game – learn more about Slash’s input into the design of the game with the article Guns N’ Roses Guitarist Slash On New ‘Not In This Lifetime’ Pinball Machine, Collaborating With Jersey Jack Pinball

Fun fact #3
There are pinball museums to be found across America, throughout Europe and in Australia

If film is more your thing you can access this doco via the Library’s Kanopy streaming site.  It’s free but you do need a library card to register.

Wizard Mode: An Autistic Teenager’s Quest to Become World Pinball Champion
2016  (Kanopy)  Library registration is required to access
Runtime : 1hr 37min
In the game of pinball, there is no greater reward than Wizard Mode – a hidden level that is only unlocked when a player completes a series of lightning-speed challenges. Robert Gagno has dedicated most of his life to mastering Wizard Mode, and is now one of the top pinball players in the world. He also happens to have autism.

Special When Lit (2009) 
What made more money than the entire American movie industry through the 50s and 60s? Pinball. Special When Lit rediscovers the lure of a lost pop icon. A product of the mechanical and electrical age, the American invention swept the world and defined cool. Now it is relegated to a nostalgic footnote deserving a better fate. Joining the fans, collectors, designers and champion players from across the globe who share a world many of us didn’t know still existed.  This documentary is available on Youtube

It’s not just Guns N’ Roses that have their own machine.  Ed Robertson from the Canadian group Bare Naked Ladies is also a pinhead and has recently had input into the design of a series of pinball machines dedicated to the group.  Read about it here
You can find BNL music on compilation albums in the Library’s music collection but for a dedicated pinball song but for a song dedicated to pinball check out Silverball on Youtube.

Last up, and it’s a bit cliched, but what’s an article about pinball without the sound track from the rock opera Tommy by The Who?  

If you need more information please contact the Prosearch team at the library.  We can help you find information across a range of perspectives and resources.  All enquiries are treated in confidence.

Side hustles

Have you considered a side hustle as an extra income generating stream?

A side hustle is defined as a way to make money alongside one’s main form of income or employment.

A side hustle can be an entrepreneurial way to test a business idea on a small scale without giving up the security of your day job. Then, if it looks like it’s going to work out, you can transition more easily to a client base that is already partially established.

What kind of things can you do as a side hustle, whether to develop a business or just earn a bit of extra cash?

Within the WCL audiobook collection best selling author Chris Guillebeau presents an ideabook featuring 100 stories of regular people launching successful side businesses that almost anyone can do.  Check out : 

100 side hustles : unexpected ideas for making extra money without quitting your day job / Guillebeau, Chris
“… This unique guide features the startup stories of regular people launching side businesses that almost anyone can do: an urban tour guide, an artist inspired by maps, a travel site founder, an ice pop maker, a confetti photographer, a group of friends who sell hammocks to support local economies, and many more. In 100 Side Hustles , best-selling author of The $100 Startup Chris Guillebeau presents an “idea book” filled with inspiration for your next big idea. Distilled from Guillebeau’s popular Side Hustle School podcast, these case studies feature teachers, artists, coders, and even entire families who’ve found ways to create new sources of income. With insights and takeaways that reveal the human element behind the hustles, this playbook covers every important step of launching a side hustle, from identifying underserved markets to crafting unique products and services that spring from your passions. Soon you’ll find yourself joining the ranks of these innovative entrepreneurs—making money on the side while living your best life.” (Catalogue)

Although American in focus this article from Entrepreneur distils this idea further into a list of  50 profitable side hustle ideas while Moneyhub narrows down the 50 to a list of 8 profitable side hustles they consider suitable for New Zealand.

So now you have an idea – how do you develop it?  WCL have a number of resources to assist.  Amongst the resources are books in both hard copy and audiobook format also by Chris Guillebeau.

Side hustle : from idea to income in 27 days / Guillebeau, Chris
“For some people, the thought of quitting their day job to strike out on their own as an entrepreneur is exhilarating. For many others, it’s terrifying. After all, a stable job that delivers a regular paycheck is a blessing. And not everyone has the means–or the desire–to take on the risks and responsibilities of working for themselves. But what if we could quickly and easily create an additional stream of income without giving up the security of a full-time job? Enter the side hustle. Chris Guillebeau is no stranger to this world, having launched more than a dozen side hustles over his career. Here he offers a step-by-step guide that takes you from idea to income in just 27 days. Designed for the busy and impatient, this detailed road map will show you how to select, launch, refine, and make money from your side hustle in under a month. You’ll learn how to: brainstorm, borrow, and steal to build an arsenal of great side hustle ideas (Day 3); apply “Tinder for Side Hustle” logic to pick the best idea at any time (Day 6); learn, gather, or create everything you need to launch your hustle, then set up a real-life way to get paid for it (Days 13-14); start raking in the money by channeling your inner Girl Scout (Day 18); master the art of deals, discounts, and special offers (Day 21); raise your game: improve, expand, or make more money off your hustle (Days 24-26). A side hustle is more than just another stream of income; it’s also the new job security. When you receive paychecks from different sources, it allows you to take more chances in your “regular” career. More income means more options. More options equal freedom. You don’t need entrepreneurial experience to launch a profitable side hustle. You don’t have to have an MBA, or know how to code, or be an expert marketer. You don’t need employees or investors. With Chris as a guide, anyone can make more money, pursue a passion, and enjoy greater security–without quitting their day job.”–Jacket.” (Catalogue)

Also in hardcopy is Bec Evans’  How to have a happy hustle : the complete guide to making your ideas happen

How to have a happy hustle : the complete guide to making your ideas happen / Evans, Bec
“How to Have a Happy Hustle shares the secrets of innovation experts and startup founders to help you make your ideas happen. If you’re looking for fulfilment outside the day job, have an idea but don’t know where to start, or are held back by a lack of confidence, experience, time or money, Bec Evans will help you get off the starting blocks with this complete guide to making your ideas happen. There’s no getting away from it – hustling is hard work – but with practical tools, inspiring stories, science-backed research and guidance every step of the way, you’ll find what makes you happy as you build your side hustle.” — Provided by publisher.” (Catalogue)

If it’s taking it to the next level that interests you,  Susie Moore asks and answers the question  What if it does work out? : how a side hustle can change your life

What if it does work out? : how a side hustle can change your life / Moore, Susie
“In What If It Does Work Out? life coach and professional side-hustler Susie Moore offers expert tips and guidance to help you earn an extra source of income by doing something you love. In her energetic and encouraging style, she guides you through all of the planning stages and potential obstacles, showing how to overcome any hesitation or fear, create multiple revenue streams, and more. Susie also presents inspiring stories from fellow side hustle successes, including the founders of Spanx and MindBodyGreen. Recommended by Entrepreneur magazine as a book “entrepreneurs must read to dominate their industry,” What If It Does Work Out? features all you need to take the practical steps toward living the life of your dreams”–Amazon.com.” (Catalogue)

Finally The Side Hustle Show offers a series of podcasts across a range of related topics and Side Hustle School also provides daily podcasts.

If you need more information please contact the Prosearch team at the library.  We can help you find information across a range of perspectives and resources.  All enquiries are treated in confidence.

Māori entrepreneurship

The Māori Women’s Development Inc has announced that nominations for the MWDI Māori Women’s Business Awards 2021 are now being accepted.

Be in quick as nominations close on September 5th 2021.  Learn more here

Wellington based entrepreneurs may find the following resources, available through Wellington City Libraries, of value.

Whāriki : the growth of Māori community entrepreneurship / Kawharu, Merata
“Understanding what drives enterprise within an indigenous cultural space is not widely understood in New Zealand. Whāriki reveals how kin-based business ventures created by Māori have promoted social, economic and environmental well-being from the whenua (land) up. Its core is eight case studies – some arising from iwi-driven ideas, some ideas from marae-based whānau. These range from a bee school in Northland, ginseng growing in the King Country, to the rehabilitation of Māori prisoners in Dunedin and a web-engaged response to accessing tribal marae. Always reaching into ancestral ties and lessons to provide guidance and foundation for their ideas, these businesses are wrapped in cultural approaches that engage kin communities in improving the wellbeing of their iwi, hapu and whanau. This book explores the successes, the failures, the learnings and the futures of these opportunities for Māori”–Publisher’s website.” (Catalogue)

Also newly added is

Tikanga : living with the traditions of te ao Māori / Tipene, Francis
“Francis and Kaiora Tipene share how they bring the traditional values of tikanga Māori into day-to-day living and what they learnt about the concepts of te ao Māori growing up … more of their life experiences juggling five sons, three businesses, a television show and a life filled with joy, spirituality and tikanga”–Publisher information.” (Catalogue)

This publication is also available here in e-book format

If you require more information on this topic please contact our team via email  or on 021 596 274