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  • 9+1 Steps Creating New Venture

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    Hòa Âu
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    The document outlines a 9 step process for new venture creation. The steps include: 1) identifying a problem or opportunity, 2) defining the target customer segment, 3) analyzing competition, 4) evaluating the ecosystem and market, 5) developing an execution strategy and solution, 6) planning operations, 7) creating a financial model, 8) assembling a team, and 9) mitigating risks. An additional 10th step involves evaluating scalability and growth potential.

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    The document outlines a 9 step process for new venture creation. The steps include: 1) identifying a problem or opportunity, 2) defining the target customer segment, 3) analyzing competition, 4) evaluating the ecosystem and market, 5) developing an execution strategy and solution, 6) planning operations, 7) creating a financial model, 8) assembling a team, and 9) mitigating risks. An additional 10th step involves evaluating scalability and growth potential.

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    5 views2 pages

    9+1 Steps Creating New Venture

    Uploaded by

    Hòa Âu
    The document outlines a 9 step process for new venture creation. The steps include: 1) identifying a problem or opportunity, 2) defining the target customer segment, 3) analyzing competition, 4) evaluating the ecosystem and market, 5) developing an execution strategy and solution, 6) planning operations, 7) creating a financial model, 8) assembling a team, and 9) mitigating risks. An additional 10th step involves evaluating scalability and growth potential.

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    © All Rights Reserved
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    of 2

    9 Steps Of New Venture Creation

    1 - Problem? 1. Problem/ Opportunity W1, W2


    What problem/opportunity 2. Target Market/ Customer
    have you identified?
    Segment W5
    3. Competition W3
    2 – Target 3 - Competition?
    Segment? What alternatives exist today for
    4. Market Analysis/ Ecosystem W3
    Who feels the problem most
    someone to solve the problem? 5. Execution Strategy/ Solution
    acutely right now?
    (Business Model Canvas) W4, W5,
    4 – Ecosystem/ Macro Environment?
    Are there any “show-stoppers” in the ecosystem (patents, regulatory approvals, etc.)?
    W6
    6. Operations W9
    7. Financial Model W10
    5 – Strategy/Solution
    What is your product/service and
    8. Team W9
    solution (4P’s) and why will you win or
    Build Business Model Canvas?
    9. Risk Mitigation W8
    -------------------------------------------------
    10. Scalability & Growth Potential
    6- Operations? 7 - Financial Model? 8 - Team? 9 - Risk?
    Logistics and Funding Strategy Founders and Advisors Mitigation and Sensitivity

    1
    9+1 Steps Of New Venture Creation

    1. Problem/ Opportunity W1, W2


    2. Target Market/ Customer Segment W5
    3. Competition W3
    4. Market Analysis/ Ecosystem W3
    5. Execution Strategy/ Solution (Business
    Model Canvas) W4, W5, W6
    6. Operations W9
    7. Financial Model W10
    8. Team W9
    9. Risk Mitigation W8
    -------------------------------------------------
    10. Scalability & Growth Potential

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