Vadim Kotelnikov personal logo Vadim Kotelnikov

Founder, Ten3 Business e-Coach Inspiration and Innovation Unlimited!

The will to win is not nearly as important as the will to prepare to win."

Entrepreneur: 8 Key Roles     8 Key Entrepreneurial Questions

 

Business Development: Stage-by-Stage Guide Gestation Stage Start-Up Stage Prototype Stage Roll Out Stage Rapid Growth Stage Expansion Stage Maturity Stage

Managing the Five Risks you face at all stages of your business development:

  1. growth risk

  2. technology & production risk

  3. marketability & competing risk

  4. financial risk

  5. team & management risk

 

1.

Gestation

– inventor has a technological idea with a good market potential, but has no or limited business expertise and resources to commercialize it

Organization: Virtual

Management:  Entrepreneurial

Technology: Idea

Funding Stage: Pre-seed

pp.

Problem

Solution

Action

1.1

Growth Risks

Every good business begins with a great idea, but not every great idea makes a good business

 

Business Plan Pro

 

 

1.2

Technology & Production Risks

Technology idea may be unrealistic, not unique, or infringed

1.3

Marketability & Competing Risks

Misjudging the size or growth of the overall market.

Customer Success 360

Customer Value Creation

Synergistic Selling

  • Identification of the market niche - what makes a venture succeed is the ability to identify emerging attractive markets and to seize on unmet, unserved customer needs.

  • Development of a business concept targeting this market niche

Venturepreneur

 

1.4

Financial Risks

  • Underestimating start-up costs for operations and capital expenditure

  • High-risk pre-seed capital for design and development of a working prototype is hard to get.

Venture Financing Funnel

Key Documents

Venture Financing

 

1.5

Team & Management Risks

  • Understanding of the need to share company ownership and management with professionals

 
 

 

 

 

 

Innovation Football for Startups

The best way to evaluate the viability of your business idea