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    Which Kind of Products-Revolutionise Hawker Centre/food Court!!!!!!

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    Shelling Ford
    The document discusses considerations for presenting a new product or startup idea to potential investors or accelerators. It focuses on explaining the problem the product solves, demonstrating differences from competitors, showing market potential, and establishing a viable business model and scalability. Key aspects that investors will evaluate include costs and revenue streams, barriers to entry in the target market, and having the right founding team with relevant experience and skills. The document also provides tips on funding options like incubators/accelerators, crowdfunding, and venture capital at different stages, as well as factors to consider when choosing between them.

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    Which Kind of Products-Revolutionise Hawker Centre/food Court!!!!!!

    Uploaded by

    Shelling Ford
    16 views3 pages
    The document discusses considerations for presenting a new product or startup idea to potential investors or accelerators. It focuses on explaining the problem the product solves, demonstrating differences from competitors, showing market potential, and establishing a viable business model and scalability. Key aspects that investors will evaluate include costs and revenue streams, barriers to entry in the target market, and having the right founding team with relevant experience and skills. The document also provides tips on funding options like incubators/accelerators, crowdfunding, and venture capital at different stages, as well as factors to consider when choosing between them.

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    startup pitching.docx

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    The document discusses considerations for presenting a new product or startup idea to potential investors or accelerators. It focuses on explaining the problem the product solves, demonstrating differences from competitors, showing market potential, and establishing a viable business model and scalability. Key aspects that investors will evaluate include costs and revenue streams, barriers to entry in the target market, and having the right founding team with relevant experience and skills. The document also provides tips on funding options like incubators/accelerators, crowdfunding, and venture capital at different stages, as well as factors to consider when choosing between them.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    16 views3 pages

    Which Kind of Products-Revolutionise Hawker Centre/food Court!!!!!!

    Uploaded by

    Shelling Ford
    The document discusses considerations for presenting a new product or startup idea to potential investors or accelerators. It focuses on explaining the problem the product solves, demonstrating differences from competitors, showing market potential, and establishing a viable business model and scalability. Key aspects that investors will evaluate include costs and revenue streams, barriers to entry in the target market, and having the right founding team with relevant experience and skills. The document also provides tips on funding options like incubators/accelerators, crowdfunding, and venture capital at different stages, as well as factors to consider when choosing between them.

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    Download as docx, pdf, or txt
    of 3

    Product: define in one sentence- people get to try new clothes for free; citymapper-

    transport app

    Unmade- fully customised garments on standard knitting machines (efficiency problem)

    What problem is it trying to solve?

    How do you present: designs/demos/MVP not necessary if early, but if you bring they’d
    evaluate

    Which kind of products- revolutionise hawker centre/food court!!!!!!


    New take on existing product- How Is it different? Vs compare with competitors- different
    version of existing product
    Is there a market for it then?

    New for this market- how to build barriers of entry to your market; how quickly can you
    scale

    Completely new- why is it not there yet? Anything breakthrough happened recently? Big
    companies have done some kind of research for such a product of course there will be a
    market for the device if applied

    Biz model-
    Costs and revenue coming from?

    How does it make money- what kinda model? clear assessment criteria needed

    Scalability- market size; barriers of entry (how hard it is to get inside)


    Cost of acquisition
    Industry sales cycle

    Team-
    Business person, preferably with industry knowledge;
    Tech partner, eg. developer/engineer if involves new product
    in charge of sale/biz dev

    discuss rules: HR changes, spectrum of roles, failures and success


    startup bootcamp
    Clarity; passion; leave a space for everyone to talk a little… during Q*A

    Which challenges would you encounter:

    Bad answers:
    Hiring talented people/ raising capital

    Good answers specific to your idea/product:


    Cost of acquisition of new users + advertisement
    FDA/MHRA approval

    Why did you choose this program?

    How did you come with your cost/avenue estimates: senior start-ups, higher-ups working
    on the marketing

    Personal funding in a plus point if the company has already gone through one round and
    received some personal funding

    1. Incubator and accelerator- residential program, intensive camps; give a basic fee in
    exchange for 7% equity; also programs without equity. Certain/many incubators are
    associated with business angels and some do a transition over to business angels so
    some go to incubators for angels network
    University incubators MAY OR MAY NOT be more academic
    Some are more particular about industry knowledge

    Quite a lot of limitations… but another easier solution:


    Crowdfunding- raise money direclt from public. Necessary 10-30% of funding round from
    someone
    Live product better
    Simpler to explain to public

    2. Early stage VC: pay more attention to biz model and financial info; check activity on
    crunchbase

    Industry players- shy away from pdt that disrupt markets

    Angels/wealthy kids- check their backgd- eg. wants to see money everyday

    How to choose-
    Pdt
    Network
    Location
    Conditions- Equity, Debt? which one is better for the future of compant
    Talk with them to check on office hours and etc

    Eco – supporting system?

    Minimally viable product; minimal feature set; people would buy it

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