Solving the startup puzzle

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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

  1. 1. what every ENTREPRENEUR must do Solving the Startup© BPLANEXPERTS.COM Puzzle
  2. 2. BEFORE YOU START
  3. 3.  What is your idea?
  4. 4.  What is your idea? Is it unique?
  5. 5.  What is your idea? Is it unique? Why do you want to do it?
  6. 6.  What is your idea? Is it unique? Why do you want to do it? Why this idea?
  7. 7.  What is your idea? Is it unique? Why do you want to do it? Why this idea? How do you want to do it?
  8. 8.  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?
  9. 9.  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?
  10. 10. So what will youdo with this?
  11. 11. L tissue paper idea
  12. 12. We have all the pieces in placeLets understand where would they fitLets start solving the PUZZLE
  13. 13. How will your businessinteract with yourstakeholders?Key to any venture is its BUSINESS MODEL
  14. 14. Get your business model RIGHT
  15. 15. Source: Business model generation, Alexander Osterwalder
  16. 16. Who are your customers? What are their needs?
  17. 17. What value does your business provide to your customers?
  18. 18. Through what channels would you reach your customers?
  19. 19. How would you service your customers?
  20. 20. How would you earn revenue from your customers?
  21. 21. Identify your key resources required to run your operations.
  22. 22. Identify your key activities required to run your operations.
  23. 23. Identify your strategic partners and mode of engagement with them.
  24. 24. Detailed forecasting of expenses
  25. 25. Great !!!You have solvedthe first part ofthe puzzleNow, lets dig deeper
  26. 26. MONEY grow on treesRevenue Model well in advance
  27. 27. How will youmake money?
  28. 28. Where would the moneyHow come from?
  29. 29. Where What would beHow the price?
  30. 30. Why would Where What customers payHow you?
  31. 31. Where What When would you Why break even ?How
  32. 32. PROCEED UNLESSYOU HAVE ALL THEANSWERS
  33. 33. RESEARCH done
  34. 34. Understand the key in your industry. Identify the and
  35. 35. Analyze what yourCUSTOMERS want?
  36. 36. Identify, analyze & understand your COMPETITORS
  37. 37. Collate all your research and analyze theOPPORTUNITY
  38. 38. time for a PIT STOPEnhance your original plan based on your findings
  39. 39. Strategy without tactics is the slowestroute to victory. Tactics without strategy is the noise before Sun Tzu
  40. 40. Lay out all the strategies & tactics required to run your venture
  41. 41. almost there
  42. 42. abouttheMONEY
  43. 43. Calculate your costsProject your salesList your startup expensesPrepare financial statements
  44. 44. Join all the pieces and you have yourBUSINESS PLAN
  45. 45. Congratulations !!!You are now READY
  46. 46. Wish you all the best.hesitate to reach us.

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