Professional Documents
Culture Documents
Venture Name
Section
Name 1
Name 2
Date
TABLE OF CONTENTS
Title Page………………………………………………………………………………………...i
Table of Contents……………………………………………………………………………...2
A. Who we are?
B. What we do?
(Among your team members, who will take the following roles or positions? You
can also create positions under them )
a) Chief Executive Officer (CEO)
(Using the format above, paste your pictures, explain your positions,
strengths and abilities you can contribute to the group.As a team, answer the
following question)
III. Problem/Opportunity
(Steps)
Solution Idea
List a specific product, feature, or enhancement idea. Describe it as best you can.
What problems do prospective users and customers have today that your solution
addresses?
What types of users and customers have the challenges your solution addresses?
It’s likely not all users. Describe the characteristics of the people that have the problems
you just described.
Solutions Today
List competitive products or work-around approaches your users have for meeting their
needs.
If your user’s problem is worth solving it’s likely they’ve figured out some ways to solve
it. If they haven’t, maybe it’s not that big of a problem. If they have, you’ll learn a lot by
understanding what they’ve done to solve the problem. Your solution is competing
against these alternatives.
Business Challenges
How do these customers’ and users’ and their challenges above impact your business?
If you don’t solve these problems for your customers and users, will it hurt your
business? How?
If your target audience has your solution, what will they do?
Imagine the feature exists, then tell a story that describes how they’ll use it to get value.
This is the outcome you’re hoping for.
Company Name | Slogan. 5
Metrics
Given the story of what they do to get value, what could you measure that would show
they actually did that? This is how you’ll measure the outcome.
Adoption Strategy
How will customers and users discover, learn to use, and adopt your solution?
If you’re introducing a new feature, they may not notice it without a little help.
Business Impact
What business performance metrics will be affected by the success of this solution?
These usually change as a consequence of users actually using your solution.
Business metrics are often things that contribute to revenue, customer satisfaction, or
customer retention.
Budget
How much money or team time would you budget to solve this problem and achieve this
outcome?
Think of the budget as something set before you estimate what it’ll actually take to build.
At this point you don’t know enough about the solution to estimate anyway. But, you do
have some idea of the value it’ll bring.
e) What can they say about your product, price, promotion and distribution?
V. Market SizeEstimation
2. Take your target market (SAM), within that TAM, which varies depending on
geography and other logistical factors. Determine the penetration potential of your target
market. This is the portion of the market you can reasonably compete with.
3.By conducting research with existing competitors, distributors etc., understand the
likely penetration rate.
VI.Target Market
A. Customer Persona
VII. Product/Solution
4. Solution: now that you know what and whose the problem is, it’s time to offer
the solution. It must stand for the minimum set of functionalities and features
(Minimum Viable Product) that allows you to deliver the value proposition from
the previous block.
5. Channels: here, you have to inform the means you are going to use to reach
your audience. That includes all marketing, communication, and distribution
channels that you intend to adopt, both from traditional and digital media.
6. Revenue Streams: ask yourself “how much will my customer pay for my
product/service?”. The price and the payment system was chosen are a very
important part of your offer. That can mean the success or failure of your
venture.
7. Cost Structure: gather here all the costs needed for you to be able to sell
your product. You should list all the expenses, from research and development
to monthly fees and salaries.
8. Key Metrics: it’s imperative for you to get to know what metrics you are going
to apply when measuring your business’s performance. That’s the only way
you may monitor the team towards the results.
B. Picture of the prototype and video link of the working prototype, if any
E. Description of how the product will work and steps the customer will
follow
B. Show your branding video. Ensure that it: Is crisp and engaging, Clearly explains
the brand, the venture, its target customers, and unique value proposition.
C. Show your Positioning Statement. Ensure that it clearly states what your product
is and what value it brings to the customer
E. Show your Sales & Distribution model, clearly listing down your channels for both
sales and distribution.
A. Start-up Costs
XIII. References