IdeaSpace x AIM: Entrepreneurship Development Program – Day 10

Workshop

Better communication

Communicating the message of the product/service better

Create a presentation deck


Communicate clearly about the hypothesis

Clarity is more important than certainty

Are you clear about what you know about your business today?

Do you know it well enough to communicate it clearly?

Depth vs. Completeness

Complete it first then work on making it deeper


Prezo Deck

  • Test of Product-Market Fit (Desirability)
    • Category definition/Competitor description
    • Market size and growth
    • Customer persona description
    • Value proposition Canvas (need’s to be addressed – job to be done – features – benefits)
    • Positioning and differentiation
      • Venn diagram – competitor, customer, us
  • Test of Scalability (Feasibility)
    – Making a business out of desirability

    • Business model canvas
    • Go-to-market strategy (how will people learn and adopt your product?)
      • Route-to-market strategy (ex. bowling alley strategy)
        • Which market is the first target?
        • Then where to go next
      • Communication and campaign strategy (message box)
      • Distribution channel
    • Technology and operations strategy (key activities, resources and key partnerships) (how will you scale the business?)
  • Test of financial viability
    • Revenue model
    • Profit & loss, cash flow forecast
    • Investment schedule
  • Project timeline with milestones (for the next six months)

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