Not exact matches
To determine which feature you should initially focus
on spend time with customers, analyze major emerging trends in the industry, and examine areas where
competitors fail to
solve problems.
What to include: Business plans vary in length — anywhere from 20 to 50 pages — but typically cover the same topics, such as: Cover Page (essential contact information); Executive Summary (what your business does and what market need it
solves); Company Overview (profile of company and successes); Industry Analysis (details about the market); Customer Analysis (who are the customers); Competitive Analysis (identify key
competitors); Marketing Plan (your brand and how do you plan
on getting it in front of customers); Operations Plan (daily and yearly operational processes for success); Management Team (identify key company personnel); and Financial Plans (revenue projections for three to five years).
For example, Mr. Clean Magic Erasers
solved the problems that previous spray -
on liquid cleaners claimed to, with the added advantage of not damaging the paint
on walls as
competitors» products did.
It's a science - driven company focused
on solving problems like world hunger and global warming with, for instance, drought - resistance seeds, which have been gaining market share from
competitors but had to be developed over years.
You might share a result that helps a
competitor make a major discovery or
solve a big problem that you are both working
on, which in the worst case could jeopardize your career.
On that side, if you can learn how to code, you can just build cool little tools that will support your practice, and
solve access to justice questions, or disrupt existing
competitors, et cetera.