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Company purpose: Define the company/business in a single declarative sentence Introduction of your product Expected contents: - What is your product? - Who are your

Company purpose:

Define the company/business in a single declarative sentence

Introduction of your product

Expected contents:

  • - What is your product?
  • - Who are your target customers?
  • - What is the problem you are trying to solve?

Problem:

Describe the pain of the customer (or the customer's customer)

Outline how the customer addresses the issue today.

Demonstrate your company's value proposition to make the customer's life better

Show where your product physically sits

Provide use cases

Why Now

Set-up the historical evolution of your category

Define recent trends that make your solution possible

What is the technology involved?

What is the Innovativeness?

You can use picture, flow-diagram, illustration or even previous work of your own to state your point.

What are the research you have been done?

What is your R&D plan for the coming 12 months?

Market Size

Identify/ profile the customer you cater to

Calculate the TAM (top down), SAM (bottoms up) and SOM

  • Who are your target customers? (those who will pay) and target end-users? (those who will use the product)
  • What is the potential market size?
  • What are the marketing channels?
  • Marketing Plan
    • Business development, Finance & Technology Development

Competition

List competitors ?eatgethger/meetup/Linedin

List competitive advantages

image text in transcribedimage text in transcribed
Features/ Competitors (who work on the business similar to your idea) Problems to be solved Your Product / Idea Product A Product B Product CEXAMPLE Q1 Q2 Q3 Q4 Business Development Plan Interview with active gamers on Collaboration with CUHK/HKU Set up social media accounts App launch at Android store VR/AR for marketing research Technology Development Game development - Characters Game development - music and Payment gateway Integration Complete full payment gateway and graphics design sound effect development integration Finance Planning Bank account opening IP register for game character Negotiate payment gateway with Online payment gateway & Paypal and banks implemented Others

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