25A – What’s Next?
Existing Market
1. I think finding investors and building out a rough draft of a supply chain is the next step for my venture.
2. I interviewed three potential customers and they recommended forming a business plan and seeing how realistic my idea is.
3. I believe that forming a solid business plan is the logical next step. This means seeing what prices my company would charge as well as looking at how much revenue would be coming in different situations. My company would need a well thought out and realistic business plan in order to start looking for investors. A business plan would give me a plan to show to investors to shows them a high probability of success.
New Market
1. I could target poor individuals looking to make their rental home more eco friendly
2. I could use cheaper products and break up our packages into smaller removable modules which could be moved from home to home.
4. I think by using cheaper products and creating a modular system for things such as renewable solar energy I would be able to advertise my product to poor individuals. Perhaps by creating less of a focus on eco-friendliness and more on how by using solar energy they would save on other utilities.
1. I think finding investors and building out a rough draft of a supply chain is the next step for my venture.
2. I interviewed three potential customers and they recommended forming a business plan and seeing how realistic my idea is.
3. I believe that forming a solid business plan is the logical next step. This means seeing what prices my company would charge as well as looking at how much revenue would be coming in different situations. My company would need a well thought out and realistic business plan in order to start looking for investors. A business plan would give me a plan to show to investors to shows them a high probability of success.
New Market
1. I could target poor individuals looking to make their rental home more eco friendly
2. I could use cheaper products and break up our packages into smaller removable modules which could be moved from home to home.
4. I think by using cheaper products and creating a modular system for things such as renewable solar energy I would be able to advertise my product to poor individuals. Perhaps by creating less of a focus on eco-friendliness and more on how by using solar energy they would save on other utilities.
Hi there Christian,
ReplyDeleteOnce again, I feel as though you really organized your thoughts well and dove right into the point. I like the fact that there is not a lot of “fluff” to this, you just stated the facts and your plan. I think targeting poor folks for eco friendly homes might prove to be a challenging task, however you seem to have some great ideas regarding how you would go about doing that.