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G6_[ENT‐3] Opportunity Analysis, G6 (IBS(M) Abby (30%), IBS3 Kelly (50%),…

- - - - :two: Effectiveness of the solution
        
        :three: Potential for large gross margin
        
        :four: Ease of customer acquisition
        
        :five: Team Suitability
        
        About team's
        
        Passion? Capabilities?
        
        1 more item...
        
        Let solution be easy to identify
        
        Clear TA and channel
        
        For customer- willingness pay
        
        For the solutions- cost efficiency and competitve intensity
        
        Hit the need or pain point
      - How many potential customer?
        
        How intense their pain?
- - - - Solution :left_right_arrow: Need
        
        :check:Meet the need
        
        :check:Willing to pay :arrow_up:
        
        Push and Pull
        
        :<3::Pull Innovation
        
        Start with the need
        
        alternative solution concepts
        
        1 more item...
        
        :revolving_hearts:Push Innovation
        
        Existing technologies or solutions
        
        Find applicable needs
        
        1 more item...
        
        :check:Real
- - - - Seize opportunities that others have not seen.
        
        Lack of previous experience
        
        uncertainty
        
        more uncertainty
    - - conventional plan
        
        Based on past experiences and information
        
        less uncertainty
  - - - make a plan by advance
        
        purpose
      - pivot
        
        learning by developing
        
        Lean startup
        
        commonality
        
        test ideas and update assumptions earlier and often
        
        Business model canvas
        
        Discovery driven planning
    - - Loan approval
    - - Will employees stay long-term?
    - - Political turmoil
- - - - Low success rates
        
        ex. Threadless
        
        Crowdsourced T-shirt design contests
        
        votes for Top
        
        produced and sold
        
        Designers earn cash prizes and sales commission
        
        Weekly T-shirt design competition
        
        High submission volume (1,000 per week)
        
        Global participation (300,000 designers worldwide)
        
        No internal design team (100% community-driven)
        
        Crowdsourcing as a Selection Tool
        
        Voting gauges interest, but not always purchase intent
        
        Threadless: 5% of designs selected, then reviewed by managers
        
        Indirect Feedback Methods
        
        ex. C&A Marketing
        
        Develops products based on customer feedback
      - Tournament Approach
      - Customer Testing
        
        :bulb:
- - - - ⏳ Delay Commitment
        
        📊Let data decide
- - - - Product feasibility
        
        Competition
        
        📈 Macroeconomics
        
        👥 Team execution
        
        ⚖️ Regulations
- - - - Bigger Bets
        
        Finale
        
        (1-2 Winners )
        
        (Double down on 20)
      - ( Invest in 40 )
- - - - Economies of scale
        
        Mass production
      - Solution :left_right_arrow: Need
        
        Real
        
        High demand for user-friendly tech
        
        Meet the need
        
        Intuitive UI, seamless integration
        
        Willing to pay
        
        Premium pricing strategy
        
        Push and Pull
        
        Pull Innovation
        
        📱 iPhone
        
        ⌚ Apple Watch
        
        🎧 AirPods
        
        Push Innovation
        
        💻 MacBook M1 Chip
        
        🖥 Retina Display
        
        🎮 Apple Vision Pro (AR/VR)
        
        Radical Push Innovation
        
        🕶 Apple Vision Pro (Mixed Reality)
        
        🧠 Siri & AI Integration
        
        🚗 Apple Car (Rumored)

For example                                    Hotmail's founder, Sabeer Bhatia                      Believed in the value of idea

Capitalists think that is                              "THE TEAM THE TEAM THE TEAM"

Entirely within your control and relatively easy to assess.