Build Business Models with the Canvas
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Business canvas model can help you to understand your product USP and can give you a holistic way of what you are doing...
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Build Business Models with the Canvas
- 2. RASHED MOSLEM Passionate Entrepreneur & Digital Marketing Enthusiast
- 3. WHAT I HAVE DONE SO FAR âą More than 5 failed ventures âą More than 5 jobs âą Admitted into 2 universities for MBA and didnât complete any of them..
- 6. SYF Supports⊠Consultancy SYF TALK Research Consultancy Digital Content Research
- 7. - 1000 plus contents - 18 writers - 15 clients - 25 projects
- 9. BEFORE TRYING TO PITCH YOUR IDEA TO AN INVESTOR DO A LEAN STARTUP MODELâŠ
- 10. LEAN STARTUP MODEL Product brief RFP Feature Specification Feature Lock Prototype UAT Market Feedback Final feature Lock MVPRun in the market for 2 weeks â 3 weeksFinal Launch
- 11. âYou have got to start with the user experience and work back toward the technology. Not the other way aroundâ Steve Jobs
- 12. HOW WE CAN ADDRESS THISâŠ
- 13. The Business Model Canvas is a strategic management and lean startup template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances. Business Model CanvasâŠ
- 14. Why??? Helps to describe ideas Helps to gamble with ideas A way to create assumptions on the ideas Find how concern parties could be disrupted Superior way of strategizing
- 15. How to develop Business Canvas
- 16. Pre-Requisite for an Investment pitch Market Research Identify business viability and user acceptance of the product Identify Revenue stream
- 17. PITCH DECK ïWhat is the concept? ï What problem are you trying to solve ï How will you solve it? Solution?
- 18. PITCH DECK (PORTION 2) ï Vision, objectives ï Whatâs your purpose? ï What do you want to achieve? ï Beliefs, values ï Whatâs important? ï Guide ï How do you get everyone on the same page, moving in the same overall direction? ï Motivate ï How do you motivate organization members to achieve the goals?
- 19. INDUSTRY/ COMPETITOR ANALYSIS âą Overview of industry âą Size, growth rate âą Industry Structure â Major groups competing in industry âą Who holds what market share? âą Barriers to entry âą Rivalry âą Who are your competitors? âą Are their product / service superior or inferior to your product / service?
- 20. WHO IS YOUR CUSTOMER? âą Target Customer âą Age / Spending ability âą Where are they located? âą What problem are they facing?
- 21. PRODUCT/SERVICE ï What is the product/service ï Main features or attributes
- 22. MARKET ANALYSIS ï Price ï How will you promote? ï How will you distribute? ï Who will sell it? ï How will you make first entry into the market?
- 23. COMPETITIVE ADVANTAGE ï How are you different from your competitors? Why is your product / service better than them? ï What value are you adding?
- 24. OPERATIONS ï Where will you locate operations? ï What will you need to accomplish your operating plan? ï Facilities ï Equipment ï People ï Supporting activities: quality ï What steps will you outsource? ï Relationships with value chain participants
- 25. TEAM MEMBERS ï Who are they?
- 26. FINANCE ï Projection for 3 years ï How much money do you need? ï How will you utilize that money? ï Where will this money take you? Say today you are startup, this fund will help you to become a self sustainable business with profit or breakeven point