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Startups in a post coronavirus world:
Adjust business models for survival and success
Shanjoy Mairembam (‘Shan’)
BEng, MBA, LLM
Innovation & Growth Consultant
Leicester (UK)
Shan Mairembam (BEng, MBA, LLM) | Page #2 E-mail: shanjoym@gmail.com http:www.linkedin.com/in/shanjoymairembam
Covid19 Impact to Business World
Direct Indirect
2m distancing Contagious BreathingCovid19 highlights
to be aware of
Touching
Impact to Business Model
Modular
Hygiene
Slot
Pricing Strategy
(Price-Cost Optimisation)
Workspace
Borrowing
Sourcing
Payment
Consumer Behaviour
Operating Strategy
(Health & Safety Compliant)
Product/Service choice
Price/Quality sensitivity
Online/Physical shopping
Marketing & Sales Strategy
(Customer alignment)
‘Profitability + Cash flow’ Vs ‘Growth’
(Corporate Strategy’s Priority Emphasis)
Shan Mairembam (BEng, MBA, LLM) | Page #3 E-mail: shanjoym@gmail.com http:www.linkedin.com/in/shanjoymairembam
During Covid19 crisis in UK
Takeaways & DeliveriesOnline Grocery Shopping Online Entertainment Online Dating Apps
Meditation Apps
Interest & Games Online Learning Courses Home Schooling
Training Equipment
Cleaning Products
Few startups with
max fund raising
£100m on 23rd Mar 2020
‘Online second-hand car
market’
£65.3m on 6th Apr 2020
‘Data-mining in financial
services and healthcare’
£32.7m on 7th Apr 2020
‘Analyse digital customer
interaction in real-time’
£28.8m on 25th Mar 2020
‘Enterprise servers for
data storage’
£17m on 25th Mar 2020
‘Logging software to
analyse and manage data
in real-time’
£11.2m on 23rd Mar 2020
‘Software platform to
calculate, plan and
manage rebate deals’
10 Growing
Industries
£10.6m on 6th Apr 2020
‘Open banking platform’
£8m on 27th Mar 2020
‘Hand-decorated pottery’
Shan Mairembam (BEng, MBA, LLM) | Page #4 E-mail: shanjoym@gmail.com http:www.linkedin.com/in/shanjoymairembam
Possibilities in post-Covid19 world
1950s in US (after Korean War) 1969-71 depression
in US
1975 in US (with high
unemployment & inflation)
Early 1990s in US (with
economic uncertainties)
[Not a startup]
Expanded by buying
smaller struggling firms
Necessity drives Innovation
Borrowing is accessible
Top talent is available
Competition is lower
Negotiation power is in your hands
Benefits of recession
1-person startups
during Covid19
Online tutoring
Online sales
Food delivery
Artificial Intelligence & Robotics
Life Sciences & Bio-Tech
Health & Medical Insurance
EdTech
Renewable Energy
Opportunity sectors during
& post Covid19
IoT & Data Analytics
Startups in past recessions
Shan Mairembam (BEng, MBA, LLM) | Page #5 E-mail: shanjoym@gmail.com http:www.linkedin.com/in/shanjoymairembam
Business Model Adjustment
Free Model
(for consumer)
Direct Payment Model
(by consumer)
Indirect Payment Model
(by third party)
Mediator Model
(via matchmaking role)
Diversified Model
(via subsidisation approach)
5 common
Business
models
Copy &
remix
multiple
models
Observe patterns (within the value chain map) Explore in other industries
of Place
to Food / Parking
of Movie
to Book / Game
of Dating
to Job / Real-estate
Review past recession

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Mims webinar covid19-startups-business-model-adjust-06_jul2020

  • 1. Startups in a post coronavirus world: Adjust business models for survival and success Shanjoy Mairembam (‘Shan’) BEng, MBA, LLM Innovation & Growth Consultant Leicester (UK)
  • 2. Shan Mairembam (BEng, MBA, LLM) | Page #2 E-mail: shanjoym@gmail.com http:www.linkedin.com/in/shanjoymairembam Covid19 Impact to Business World Direct Indirect 2m distancing Contagious BreathingCovid19 highlights to be aware of Touching Impact to Business Model Modular Hygiene Slot Pricing Strategy (Price-Cost Optimisation) Workspace Borrowing Sourcing Payment Consumer Behaviour Operating Strategy (Health & Safety Compliant) Product/Service choice Price/Quality sensitivity Online/Physical shopping Marketing & Sales Strategy (Customer alignment) ‘Profitability + Cash flow’ Vs ‘Growth’ (Corporate Strategy’s Priority Emphasis)
  • 3. Shan Mairembam (BEng, MBA, LLM) | Page #3 E-mail: shanjoym@gmail.com http:www.linkedin.com/in/shanjoymairembam During Covid19 crisis in UK Takeaways & DeliveriesOnline Grocery Shopping Online Entertainment Online Dating Apps Meditation Apps Interest & Games Online Learning Courses Home Schooling Training Equipment Cleaning Products Few startups with max fund raising £100m on 23rd Mar 2020 ‘Online second-hand car market’ £65.3m on 6th Apr 2020 ‘Data-mining in financial services and healthcare’ £32.7m on 7th Apr 2020 ‘Analyse digital customer interaction in real-time’ £28.8m on 25th Mar 2020 ‘Enterprise servers for data storage’ £17m on 25th Mar 2020 ‘Logging software to analyse and manage data in real-time’ £11.2m on 23rd Mar 2020 ‘Software platform to calculate, plan and manage rebate deals’ 10 Growing Industries £10.6m on 6th Apr 2020 ‘Open banking platform’ £8m on 27th Mar 2020 ‘Hand-decorated pottery’
  • 4. Shan Mairembam (BEng, MBA, LLM) | Page #4 E-mail: shanjoym@gmail.com http:www.linkedin.com/in/shanjoymairembam Possibilities in post-Covid19 world 1950s in US (after Korean War) 1969-71 depression in US 1975 in US (with high unemployment & inflation) Early 1990s in US (with economic uncertainties) [Not a startup] Expanded by buying smaller struggling firms Necessity drives Innovation Borrowing is accessible Top talent is available Competition is lower Negotiation power is in your hands Benefits of recession 1-person startups during Covid19 Online tutoring Online sales Food delivery Artificial Intelligence & Robotics Life Sciences & Bio-Tech Health & Medical Insurance EdTech Renewable Energy Opportunity sectors during & post Covid19 IoT & Data Analytics Startups in past recessions
  • 5. Shan Mairembam (BEng, MBA, LLM) | Page #5 E-mail: shanjoym@gmail.com http:www.linkedin.com/in/shanjoymairembam Business Model Adjustment Free Model (for consumer) Direct Payment Model (by consumer) Indirect Payment Model (by third party) Mediator Model (via matchmaking role) Diversified Model (via subsidisation approach) 5 common Business models Copy & remix multiple models Observe patterns (within the value chain map) Explore in other industries of Place to Food / Parking of Movie to Book / Game of Dating to Job / Real-estate Review past recession