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Business+Model+Facts+Vs+Assumptions.docx

  1. # Question / Statement Facts (Proofs) Assumption (Guesses) 1. Do we have verification from customers that we are addressing a serious problem and creating a meaningful value for them? 2. Have we precisely defined our target customer segments? Are these segments verified or just based on your assumption? 3. Are there enough customers for our business model to be successful? How many? How do we know they will buy what we have to offer? 4. Do we have unique value proposition? How do we know that it is really valuable for our customers? What proofs do we have? 5. Do we have effective channels to communicate our value proposition? How much on average it will cost us to win one new client? How do we know these marketing channels will be cost effective? 6. Do we have a competitive advantage? How strong is it? Once we enter the market and our product proves to be successful, what will prevent competitors from copying it? 7. What will be our revenue streams at the beginning and how they will change over time? Have we validate our pricing and expected sales volume? How much do we expect to earn from one sale, one customer and etc.? 8. Are our cost estimations realistic? Have we really included all possible fixed and variable costs? How do we know everything is covered? 9. How much time will we need to implement this business model? What are chances that situation in the market will be different by the time we will be launching our product or service? 10. ….. Business Model: Date:
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