Title: Present Your Idea in 10 Slides
1(No Transcript)
2How we started our business
- Building business idea
- Validating your business idea
- Forming the business
- Communicating your business idea
- Implementing your business
3Building business idea
- Initiating your business idea?
- Driven by the market
- Driven by your capability
- Driven by accident
- Is it a need or want you are trying to solve?
- For whom
- How many
- Growing speed
4Validating your business idea
- Market assessment
- Competition
- Customer
- External environment
- Legal
- Economics
- Self assessment
- Production Feasibility
5What is Their Pain?
- Must Have or Nice to Have?
- Who Are Your Customers?
- What Are They Buying?
- Who Are Your Competitors?
- How Do You Make Money?
- How Does Go Through Your company?
6Bobs Whats
- What messages . . . to reach
- What market(s) . . . with
- What pain . . . that need
- What product(s) . . . distributed through
- What channel(s) . . . against
- What competition . . . with
- What pricing and packaging . . . to deliver
- What value . . . in
- What time frame?
7Business idea
Real Business
8Forming the business
- The Company
- The People
- The Product
- The Market
- Operation
- Finance
9Forming the business Company
- What is the competitive advantage?
- What values are you delivering?
- To whom
10Sustainable Competitive Advantage
- Technology (patented?)
- Partners or potential partners
- First-to-market
- Best-to-market
- Standards, regulations
- Customer Stickiness
- Cost
- Distribution
11Forming the business People
- Who can bring your idea to reality?
- Yourself
- Your family
- Outside professional
- What business connection do you have?
12Forming the business Product
- Property selling proposition
- Differentiation
- Protectiveness
- Breakthrough
13Forming the business Market
- STP
- Segment
- Target
- Position
- 4Ps
- Price
- Place
- Promotion
- Product
14Forming the business Operation
- How will the supply chain be structured?
- Raw material
- Logistic
- Degree of integration
- DIY or outsource
- Supplier creditability
15Forming the business Finance
- How much will you need to start up?
- Your ROR
- Breakeven
- Burn rate
- How will you generate money?
- Free loan from who?
- Cash conversion cycle
16Assess company
- Business plan
- Pitch
- Due diligence
17Communicating your business
- Writing the business plan
- Presentation
- Material
- Content
- Skill
- Presenter
- Who is the Audience ?
18Business Plan Components
- Executive Summary
- The Company
- The Product - Customer Need and Business
Opportunity - The Market Industry
- Business Strategy and Key Milestones
- Marketing Plan
- Operations Plan
- Management and Key Personnel
- Financial Projections and Valuation
19Is This An Effective Summary?
20How About This?
21Does This Work?
- Does this capture the excitement?
22Present Your Idea in 12 Slides!
3
Problem buy-in
Speaker intro
Market and opportunitysize
with benefits
Mission stmt
6
8
7
Marketing and leverage points
Technologies
Competition
Call-to-action
Use of funds
How much?
23Q A