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Why ?                       How do I     Should I       compare with   introduce a     my competitors              Is my  ...
Business Overview                                               Business                                              Chal...
Market Analysis                                                     Only offer                                            ...
Business Model• Database of Expert CVs• Dial in & pay $/hour                          Expert                              ...
Financials – Breakeven at Y2               Total Market• 160,000 SMEs• 142,000 Nascent Entrepreneurs  (NE)*      Addressab...
Financials – Breakeven at Y2                Total Market                                    Revenue and Cost (‘000)  • 160...
From Singapore to ASEAN            ASEAN has much            lower number of               patent per            populatio...
Next Steps• Seek start up capital• Hire CTO & CMO• Start to build relationship with both groups of  customers   – SMEs & E...
Summary• Meets the needs of Singapore – Spot On• Financial Viability – Breakeven in Y2• Scalability – from Singapore to AS...
DataSets Used        3                • Incorporate existing SME                  location – build community              ...
Welcome to Crowd Solutioning..(Free to post solutions)   POST CHALLENGES      OFFER A SOLUTION      EXPERT SOLUTIONS   HOW...
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VaultStart

  1. 1. 1
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  3. 3. Why ? How do I Should I compare with introduce a my competitors Is my new range in terms of productivity and Mission business plan : A platform that helps SMEs, of products ? service level ? and sound ? nascent entrepreneurs to overcome business challenges, affirm Do I enter business ideas, refine/elevate business How can I expand my China, concepts by facilitating access to a sales channel ? BROAD POOL of collective experience,Malaysia orIndonesia ? intelligence and solution with EASE and What is the best way to GOOD VALUE get funding for my new ideas ? Cultivate growth of Entrepreneur/SME SMEs and Encourage Innovation and Entrepreneurship in Singapore 3
  4. 4. Business Overview Business Challenges Ideas Target Target Customers Customers Entrepreneur Solutions Experts VAULTSTART Improvements Professionals Crowd 4Note : (1) SMEs defined as 0-200 employees for non manufacturing sector; < S$15M in net fixed asset for manufacturing sector
  5. 5. Market Analysis Only offer Expert Advice McKinsey/ Differentiating Factors High BCG • Broadest Pool of Way too Talent expensive • Better match of demand and supply GLG through Tiered Research structure • Attractive Value KaggleBreadth or Depth of Advice • Ease of Use SMEAMI Mind IE Sumo Singapore Consulting • Very High focused Quora Table Offer mostly basic market • Beta stage Low research Low High • Single Attractiveness to Nascent Entrepreneurs and SMEs service offering 5
  6. 6. Business Model• Database of Expert CVs• Dial in & pay $/hour Expert Solutioning• Project Brief with Budget• Professionals Bid Project Professional• Pay for Listing and Closing Brief Solutioning of Project • Pose Challenges • Best solutions win prize • Collect Credits Crowd Solutioning • Forum for Discussion • Sticky Threads 6
  7. 7. Financials – Breakeven at Y2 Total Market• 160,000 SMEs• 142,000 Nascent Entrepreneurs (NE)* Addressable Market 1. Crowd Advisory • 50% SMEs, 50% NEs 2. Professional Advisory • 10% SMEs, 5% NEs 3. Expert Advisory • 5% SMEs, 1% NEs YOY Share of Addressable Market • Y1 – 5% • Y2 – 20% • Y3 – 30% • Y4 – 50% • Y5 – 70%Note : (*) Nascent Entrepreneurs at 3.8% of age 15- 64 of Singapore population @ 3,753,632 7
  8. 8. Financials – Breakeven at Y2 Total Market Revenue and Cost (‘000) • 160,000 SMEs • 142,000 Nascent Entrepreneurs (NE)* 2800 2640 2600 Revenue Addressable Market 2400 Cost 1. Crowd Advisory 2200 • 50% SMEs, 50% NEs 2. Professional Advisory 2000 1886 • 10% SMEs, 5% NEs 1800 3. Expert Advisory 1600 • 5% SMEs, 1% NEs 1400 2,009 1131 1200 1,312 1000 YOY Share of 754 668 800 632 Addressable Market 423 574 600 463 Y1 – 5% 400 331 • 224 189 • Y2 – 20% 200 • Y3 – 30% (316) Year3 • Y4 – 50% 0 • Y5 – 70% Y1 Y2 Y3 Y4 Y5 Initial Capital Injection @ $250,000 8Note : (*) Nascent Entrepreneurs at 3.8% of age 15- 64 of Singapore population @ 3,753,632
  9. 9. From Singapore to ASEAN ASEAN has much lower number of patent per population than rest of Asia Y5 - $2M earnings Year x $1,500M Potential earnings 9
  10. 10. Next Steps• Seek start up capital• Hire CTO & CMO• Start to build relationship with both groups of customers – SMEs & Entrepreneurs – Experts/Professionals 10
  11. 11. Summary• Meets the needs of Singapore – Spot On• Financial Viability – Breakeven in Y2• Scalability – from Singapore to ASEAN• Innovativeness – Unique in market• Pitch presentation – You be the judge 11
  12. 12. DataSets Used 3 • Incorporate existing SME location – build community • Build activity database - allows business matching and 1 industry reporting 2 • Background check - Expert can check on questions from specific industry and background of SME • SME can alert job matching 12
  13. 13. Welcome to Crowd Solutioning..(Free to post solutions) POST CHALLENGES OFFER A SOLUTION EXPERT SOLUTIONS HOW IT WORKSWhat is the best way to get funding for my idea? Prize: S$200 (3 Stars rating required) Popular Questions 13

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