Why more than 50 percent of small businesses fail in the first four years? Startup Roadmap, [ Ссылка ] could answer this question
Many Startup Founders and Entrepreneurs believe in his/her gut feeling for a business idea. If you could transfer that idea into a one-page business model plan, it will be much more clear for yourself and others. Pyramid Business Model Canvas (PBMC) could help:
Step 1: Why this Idea, not others? What pain point(s) of Customers that you are going to release?
Step 2: How big is the market size of this idea? Your idea is good in step 1, but market size is too small, it will not attract Investors
Step 3: Values Propositions: What Customers' pain points are solved by your products? Your solution(s) could meet Customers' NEEDS, WANTS, and DEMANDS. It is 2 ways: from Customer (Outside in) and from yourself (Inside out)
Step 4: Customer Segment: Who is/are your Customer(s)? Your Customer's Portrait?
Step 5: Customer Relationship: How could you approach and get Customer(s)?
Step 6: Distribution Channel: How could you sell your product/service to Customer(s)?
Step 7: Key Activities from your company toward Value Propositions?
Step 8: Key Resources to support key activities?
Step 9: Who is/are your partner(s) for this business idea?
Step 10: Cost structure: All costs related to step 1 - 9 if any?
Step 11: Revenue Stream: where money in from?
Step 12: Financial Plan: very important for Yourself, Co-founders, and Investors
Step 13: Immediate Needs: Your priorities to make a move for your business idea?
Step 14: Competition: Who is/are your direct/indirect competitor(s)? Your Competitive Advantages?
[ Ссылка ]
This channel is a project of sharing 1000 Startup Business Advice & Tips, funded by RBNC. The videos are built based on the concept of 1 topic: 1 min for Entrepreneurs, Startup Founders, and Professionals. 11:00 AM Tuesday Weekly New York Time (EST).
RBNC is a global firm providing services in Business Advisory; Board & CEO Outsourcing; Executive Coaching & Training. We build and execute strategy, transfer and influence among Fortune 500 companies and thousand startups span most regions of the world.
1. Business Advisory: Partnering with 200 clients Global from strategy to execution
2. Board & CEO Outsourcing: Managing 6,500 CEOs for Global Projects
3. Executive Training & Coaching: Providing 1 million Executive programs
#onepagebusinessplan #pyramidbusinessmodel #startups #entrepreneurship #RBNC
