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 or
Indonesia ?
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. Business Overview
Business
Challenges
Ideas
Target
Target
Customers
Customers
Entrepreneur
Solutions
Experts
VAULTSTART
Improvements
Professionals
Crowd
4
Note : (1) SMEs defined as 0-200 employees for non manufacturing sector; < S$15M in net fixed asset for manufacturing sector
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
Kaggle
Breadth 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. 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. 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. 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 8
Note : (*) Nascent Entrepreneurs at 3.8% of age 15- 64 of Singapore population @ 3,753,632
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. Next Steps
• Seek start up capital
• Hire CTO & CMO
• Start to build relationship with both groups of
customers
– SMEs & Entrepreneurs
– Experts/Professionals
10
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. 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. Welcome to Crowd Solutioning..(Free to post solutions)
POST CHALLENGES OFFER A SOLUTION EXPERT SOLUTIONS HOW IT WORKS
What is the best way to get funding for my idea? Prize: S$200 (3 Stars rating required)
Popular Questions
13
