Starting a Business 101



If you are looking to raise any money to start a business (or even if you are just starting with your own cash) it’s a good idea to have all these questions answered.
  • What do people need or want? The Proposition
  • Who are they? The Customer and Market Segmentation
  • What’s it worth to them? The Pricing Model
  • How do we reach them? The Channel
  • What relationship do they want to have? The Relationship
  • Who is our key partner? The Partner
  • Who are we up against? The Competition
  • What do we have in common? The Industry
  • What is our key asset? The Asset
  • What must we be good at? The Competency
Until the next time...

George.

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