Startup Development

B

This guide will help You to built and follow up your new project to reach heights ! LeadLike is the professional company to coach young entrepreneurs bring innovative products to the market. www.leadlike.com

Startup Development
"The start-up Road: from an original idea to a
successful product"
Does your company have an innovative idea or promising
concept in the high-tech field? Would you like to be able
to market it successfully?

LeadLike can guide you through the entire process- from
the conceptual stage to the marketing stage.
The process has three main stages, resulting in the
success of your start-up project:


1. We start with your idea, and with the help of our
experts, begin by developing a professional product,
concept or service.
2. We then launch a prototype of the idea, putting it through a real test run, both practically and
legally.
3. Finally, we prepare the prototype for launch onto the Israeli market, and look for suitable
investors and partners!

 Development of the professional product:
	   Market research & Maximizing product marketability
	   Analysis of the competition and creation of a business model
	   Evaluation and optimization of costs
	   Patenting intellectual property & technology
	   Researching the best business methods
   Business model development and market test-run:
	     Legal evaluation
	     Financial analysis
	     Implementation of the business model
	     Research and development of the business model
	     Financial and business management
 Marketing:
	  Adjustments and improvements to the business model
	  Product positioning and effective marketing
	  Executive summary and product presentation
	  Introduction of the project to multiple investors
	Fundraising
MARKET RESEARCH & MAXIMIZING
PRODUCT MARKETABILITY




                        Before launching a product onto the market, we must thoroughly evaluate
                        the features that can help launch the success of your product. This is done in
                        several stages:


                        Fundamental first step: Researching the Market
                        A good idea is not enough to succeed in bringing an innovation onto the
                        market. The idea needs to be developed in order to meet a real consumer
                        need and provide a practical and innovative solution to the problem of a
                        clearly defined public.

                        Researching the current market is the only way to truly test your idea. If the
                        results are positive at the end of this step, we will then proceed on examining
                        your product's feasibility in the market and develop financing and marketing
                        strategies for your project.


                        Increasing Marketability: Product Formulation & Development
                        After conducting market research, we will conduct a complete and accurate
                        formulation of the various features of your new product, process or
                        concept in order to increase its marketability.

                        This step is necessary to successfully match the product with market demands.
We will identify
the market for this     We will identify the market for this product, and analyze its various functions:
product, and analyze    the specific needs of potential customers, the product’s placement regarding
its various functions   its competitors, market access opportunities, etc.

                        Review and analysis of your product and constantly maximizing its
                        marketability are important factors that contribute to the success of your
                        start-up and will be ongoing through the entire marketing process.



                                                LeadLike . Development of the professional product   .   3
ANALYSIS OF THE COMPETITION
 & CREATION OF A BUSINESS
 MODEL




                      Once the market research has been completed, we will examine, in great
                      details, the product’s direct and indirect competitors on the market.

                      This analysis will focus primarily on the product’s major competition,
                      whether in Israel or abroad, with a study of their own approach to their
                      (similar) product, concept or service, from both an economic and a marketing
                      perspective. We will use this as a basis to develop a business model for your
                      start-up’s project.

                      This business model will address the major aspects of your new business, both
                      in its objectives (purpose, strategy) and in terms of necessary development
                      and resources (planning, promotion and distribution) and will guarantee a
                      market advantage for your product within a specific timeframe.

                      This step includes several guidelines for the development of the business
                      model:
                       Definition of product’s market value
                       Identification of target market (potential consumers)
                       Defining the company positioning
                       Development of strategies to maximize revenue
                       Positioning of the company in the target market
                       Formulation of a strategy in order to maintain a competitive edge
This analysis will
focus primarily on
the product’s major   LeadLike will help you develop the optimal business model which will best
competition           generate the maximum revenue from the sale of your new product, concept
                      or service.




                                             LeadLike . Development of the professional product   .   4
EVALUATION AND
 OPTIMIZATION OF COSTS




                          The process of bringing an innovative idea to market involves making the right
                          choices from the very beginning. To this end, we will evaluate your project
                          and create a strong business plan that will define your entire approach to
                          the marketing of your idea.

                          This method includes a series of organized phases of implementation,
                          each step defined by a business decision that will securely move the process
                          forward. The development of the business plan for your product includes the
                          evaluation and optimization of necessary costs, in order to most efficiently
                          manage the risk involved -and ensure success.

                          This business plan will be used to define a general outline of the project, its
                          challenges and difficulties, but most importantly, its strengths. With this new
                          perspective, your company will decide on the continuation or reorientation
                          of the project.
                          Structuring your approach to the marketing of your idea has its serious
                          advantages:
                           Gradually reduce the uncertainties inherent in any development project
                              Develop a project outline
                              Anticipate and reduce the risk of failure
                              Identify major obstacles as soon as possible
                              Engage potential clients early
                              Gradually introduce resources when the chances of success are
                          more clearly defined
[---]decision that will
securely move the
                           Optimization of costs
process forward.              Improve the quality of investment decisions
                              Develop time management through appropriate planning



                                                  LeadLike . Development of the professional product   .   5
PATENTING INTELLECTUAL
 PROPERTY & TECHNOLOGY




                        Before planning a commercial launch of the product or innovative concept,
                        i.e., before revealing it to the public, we must think about protecting your
                        company’s innovation. Intellectual property protection makes it possible
                        to safely market your innovative idea.


                        Obtaining a patent limits the use or marketing of your idea by others, providing
                        your start-up with an market monopoly.


                        LeadLike offers you its approach through three fundamental questions:
                        1 - Is your idea eligible for a patent?
                        2 - If so, is patenting your idea to your economic advantage?
                        3 - When and how should your idea be patented? At what stage?


                        This approach toward patenting makes it possible to:
                         Bridge the gap between business strategy and patent
                         Guide business decisions and protect innovations
                         Encourage analysis of patent’s usefulness
                         Choose the patent that best fits the needs and resources of the company
We must think about      Increase corporate value by building a patent portfolio
protecting your
company’s innovation.
                        LeadLike will assist you in filing the patents that will best fit the ideas, needs,
                        and resources of your company.




                                                  LeadLike . Development of the professional product   .   6
RESEARCHING THE BEST
 BUSINESS METHODS




                       Research on the best business techniques will improve the marketing success
                       of the product or innovative service proposed by your start-up company.


                       Once the product is fully defined, the question arises on how to a get a
                       maximum market value for your product.


                       Several options are possible:
                        Produce and commercialize your product yourself
                       Bring in a business partner for a particular step/several steps
                       Outsourcing
                       Allow/limit the marketing of your product within specific parameters


                       LeadLike offers to develop an objective framework for these business
                       decisions, facilitating the process, and developing the method of operation
                       that is the best suited for your company.


                       This approach will also allow you to:
                        Develop a practical approach on how to market the product
                        Identify the relationship of the company with relevant partners/potential
                       allies
how to a get a
                       Ensure protection of intellectual property
maximum market value
for your product.      Encourage analysis and appropriate use of investments and resources for
                       marketing techniques




                                               LeadLike . Development of the professional product   .   7
Startup Development

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Startup Development

  • 2. "The start-up Road: from an original idea to a successful product" Does your company have an innovative idea or promising concept in the high-tech field? Would you like to be able to market it successfully? LeadLike can guide you through the entire process- from the conceptual stage to the marketing stage. The process has three main stages, resulting in the success of your start-up project: 1. We start with your idea, and with the help of our experts, begin by developing a professional product, concept or service. 2. We then launch a prototype of the idea, putting it through a real test run, both practically and legally. 3. Finally, we prepare the prototype for launch onto the Israeli market, and look for suitable investors and partners!  Development of the professional product: Market research & Maximizing product marketability Analysis of the competition and creation of a business model Evaluation and optimization of costs Patenting intellectual property & technology Researching the best business methods  Business model development and market test-run: Legal evaluation Financial analysis Implementation of the business model Research and development of the business model Financial and business management  Marketing: Adjustments and improvements to the business model Product positioning and effective marketing Executive summary and product presentation Introduction of the project to multiple investors Fundraising
  • 3. MARKET RESEARCH & MAXIMIZING PRODUCT MARKETABILITY Before launching a product onto the market, we must thoroughly evaluate the features that can help launch the success of your product. This is done in several stages: Fundamental first step: Researching the Market A good idea is not enough to succeed in bringing an innovation onto the market. The idea needs to be developed in order to meet a real consumer need and provide a practical and innovative solution to the problem of a clearly defined public. Researching the current market is the only way to truly test your idea. If the results are positive at the end of this step, we will then proceed on examining your product's feasibility in the market and develop financing and marketing strategies for your project. Increasing Marketability: Product Formulation & Development After conducting market research, we will conduct a complete and accurate formulation of the various features of your new product, process or concept in order to increase its marketability. This step is necessary to successfully match the product with market demands. We will identify the market for this We will identify the market for this product, and analyze its various functions: product, and analyze the specific needs of potential customers, the product’s placement regarding its various functions its competitors, market access opportunities, etc. Review and analysis of your product and constantly maximizing its marketability are important factors that contribute to the success of your start-up and will be ongoing through the entire marketing process. LeadLike . Development of the professional product . 3
  • 4. ANALYSIS OF THE COMPETITION & CREATION OF A BUSINESS MODEL Once the market research has been completed, we will examine, in great details, the product’s direct and indirect competitors on the market. This analysis will focus primarily on the product’s major competition, whether in Israel or abroad, with a study of their own approach to their (similar) product, concept or service, from both an economic and a marketing perspective. We will use this as a basis to develop a business model for your start-up’s project. This business model will address the major aspects of your new business, both in its objectives (purpose, strategy) and in terms of necessary development and resources (planning, promotion and distribution) and will guarantee a market advantage for your product within a specific timeframe. This step includes several guidelines for the development of the business model:  Definition of product’s market value  Identification of target market (potential consumers)  Defining the company positioning  Development of strategies to maximize revenue  Positioning of the company in the target market  Formulation of a strategy in order to maintain a competitive edge This analysis will focus primarily on the product’s major LeadLike will help you develop the optimal business model which will best competition generate the maximum revenue from the sale of your new product, concept or service. LeadLike . Development of the professional product . 4
  • 5. EVALUATION AND OPTIMIZATION OF COSTS The process of bringing an innovative idea to market involves making the right choices from the very beginning. To this end, we will evaluate your project and create a strong business plan that will define your entire approach to the marketing of your idea. This method includes a series of organized phases of implementation, each step defined by a business decision that will securely move the process forward. The development of the business plan for your product includes the evaluation and optimization of necessary costs, in order to most efficiently manage the risk involved -and ensure success. This business plan will be used to define a general outline of the project, its challenges and difficulties, but most importantly, its strengths. With this new perspective, your company will decide on the continuation or reorientation of the project. Structuring your approach to the marketing of your idea has its serious advantages:  Gradually reduce the uncertainties inherent in any development project  Develop a project outline  Anticipate and reduce the risk of failure  Identify major obstacles as soon as possible  Engage potential clients early  Gradually introduce resources when the chances of success are more clearly defined [---]decision that will securely move the  Optimization of costs process forward.  Improve the quality of investment decisions  Develop time management through appropriate planning LeadLike . Development of the professional product . 5
  • 6. PATENTING INTELLECTUAL PROPERTY & TECHNOLOGY Before planning a commercial launch of the product or innovative concept, i.e., before revealing it to the public, we must think about protecting your company’s innovation. Intellectual property protection makes it possible to safely market your innovative idea. Obtaining a patent limits the use or marketing of your idea by others, providing your start-up with an market monopoly. LeadLike offers you its approach through three fundamental questions: 1 - Is your idea eligible for a patent? 2 - If so, is patenting your idea to your economic advantage? 3 - When and how should your idea be patented? At what stage? This approach toward patenting makes it possible to:  Bridge the gap between business strategy and patent  Guide business decisions and protect innovations  Encourage analysis of patent’s usefulness  Choose the patent that best fits the needs and resources of the company We must think about  Increase corporate value by building a patent portfolio protecting your company’s innovation. LeadLike will assist you in filing the patents that will best fit the ideas, needs, and resources of your company. LeadLike . Development of the professional product . 6
  • 7. RESEARCHING THE BEST BUSINESS METHODS Research on the best business techniques will improve the marketing success of the product or innovative service proposed by your start-up company. Once the product is fully defined, the question arises on how to a get a maximum market value for your product. Several options are possible:  Produce and commercialize your product yourself Bring in a business partner for a particular step/several steps Outsourcing Allow/limit the marketing of your product within specific parameters LeadLike offers to develop an objective framework for these business decisions, facilitating the process, and developing the method of operation that is the best suited for your company. This approach will also allow you to:  Develop a practical approach on how to market the product  Identify the relationship of the company with relevant partners/potential allies how to a get a Ensure protection of intellectual property maximum market value for your product. Encourage analysis and appropriate use of investments and resources for marketing techniques LeadLike . Development of the professional product . 7