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Lets solve the startup puzzle. All you need to know before starting up. A must read for all entrepreneurs.
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Solving the
Startup
Puzzle © BPLANEXPERTS.COM
what every ENTREPRENEUR
must do
BEFORE YOU START
What is your idea?
What is your idea? Is it unique?
What is your idea? Is it unique? Why do you want to do
it?
What is your idea? Is it unique? Why do you want to do
it? Why this idea?
What is your idea? Is it unique? Why do you want to do
it? Why this idea? How do you want to do
it?
What is your idea? Is it unique? Why do you want to do
it? Why this idea? How do you want to do
it? How will you make
money?
What is your idea? Is it unique? Why do you want to do
it? Why this idea? How do you want to do
it? How will you make
money? Why will customers pay
you for this?
So what will you do with this?
L tissue paper idea
We have all the pieces in place
Lets understand where would they fit
Lets start solving the PUZZLE
Key to any venture is its BUSINESS MODEL
How will your business interact with your stakeholders?
Get your business model RIGHT
Source: Business model generation, Alexander Osterwalder
Who are your customers? What are their needs?
What value does your business provide to your customers?
Through what channels would you reach your customers?
How would you service your customers?
How would you earn revenue from your customers?
Identify your key resources required to run your operations.
Identify your key activities required to run your operations.
Identify your strategic partners and mode of engagement with them.
Detailed forecasting of expenses
Great !!! You have solved the first part of the puzzle
Now, lets dig deeper
MONEY grow on trees
Revenue Model well in advance
How will you make money?
How
Where would the money
come from?
How
Where What would be the price?
How
Where What Why would
customers pay you?
How
Where What Why
When would you break even ?
PROCEED
UNLESS YOU HAVE
ALL THE ANSWERS
RESEARCH done
Understand the key in your industry. Identify the and
Analyze what your CUSTOMERS want?
Identify, analyze & understand your COMPETITORS
Collate all your research and
analyze the OPPORTUNITY
time for a PIT STOP
Enhance your original plan based on your findings
Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before Sun Tzu
Lay out all the strategies & tactics required to run your venture
almost there
about the MONEY
Calculate your costs
Project your sales
List your startup expenses
Prepare financial statements
Join all the pieces and you have your
BUSINESS PLAN
Congratulations !!! You are now READY
Wish you all the best.
hesitate to reach us.
