Advertisement
mybusinessadventure

surfacing-assumptions.txt

May 10th, 2018
155
0
Never
Not a member of Pastebin yet? Sign Up, it unlocks many cool features!
text 2.77 KB | None | 0 0
  1. Assumptions typically fall into four categories.
  2. As a team using hybrid approach, consider each question, rate it:
  3. - 1-5 based on level of expected importance (5 is most important)
  4. - 1-5 based on confidence level (5 is least confident)
  5. Will end up with a score between 2 and 10 for each question. Pick the ones with highest scores as key assumptions, and answer them as soon as possible.
  6.  
  7. Customer Value
  8. Customer Needs
  9. - Do I know what customer needs I am solving? And how do I know? Need facts.
  10. - Are there particular segments I am addressing?
  11. - Who are they?
  12. - What product are they buying today?
  13. - Why will they switch over to my product?
  14. - How big is it?
  15. - How fast is it growing?
  16.  
  17. Competition
  18. - How am I different than other products or services? And how do I know? How can I keep my advantage? How do I protect my IP?
  19. - How will competitors react? How do I know?
  20.  
  21. Pricing
  22. - How am I pricing my product or service? And why? Who is paying?
  23.  
  24. Partners
  25. - Who do I need to work with to be successful? Are there companies that need to cooperate with me? How do I convince them to join me?
  26.  
  27. Technology and Operations
  28. Planning and Operations
  29. - What tasks, exactly, need to be done to make this work?
  30. - How will I structure the tasks to learn as I go?
  31. - What drives my costs?
  32.  
  33. Staffing and Hiring
  34. - Who is going to do these things?
  35. - Do I have the talent already? If not, how am I going to get it?
  36.  
  37. Technology
  38. - How will I develop and maintain my underlying technologies?
  39.  
  40. Building for the long term
  41. - What needs to be done for the long term?
  42. - How will I build a startup that ultimately doesn't need me?
  43.  
  44. Sales and Marketing
  45. Channels
  46. - What types of sales channels am I using to go to market?
  47. - How will I get these channels onboard? What value will I need to give them (30% margin, 20% margin, list of names and addresses, an investment in my company... I get the point)?
  48. - Who is handling what aspects of sales in my organization? Who is handling prospecting, customer calls, returns, customer service?
  49.  
  50. Customer Acquisitions
  51. - How am I getting new customers?
  52. - What is the cost of getting a customer (CAC) ? How much am I paying for marketers, sales incentives, referral fees?
  53.  
  54. Optimization
  55. - How do I know these sales methods are working or not?
  56. - How am I going to learn as I go?
  57. - How will I measure success?
  58.  
  59. Financials and Profit
  60. Projections
  61. - What are my financial projections? How do I justify them?
  62. - How will I improve them as I go?
  63.  
  64. Investment
  65. - How much money do I need to build the product or service?
  66. - How will I get that money?
  67. - How can I order my investments to maximize value and learning?
Advertisement
Add Comment
Please, Sign In to add comment
Advertisement