What we need for DBS

Business Model Generation and Customer Development Process, Value Proposition

• Test your value proposition hypothesis with at least 12 prospects and blog your results and actions
• Make InfoBits blog post
• Make individual blog posts
• Post updated Business Model Canvas with two alternative models

Customers Development, Customers Segments, Customer Relationship, Channels

• Develop your Customer Development hypothesis
• Make InfoBits blog post
• Make individual blog posts
• Post updated Business Model Canvas

Demand Creation: How do you create demand?

Product Development: Prototype Creation

• Create a demand creation plan:
• sales forecast of customer acquisition
• budget based on attributable costs
• Make InfoBits blog post
• Make individual blog posts
• Post updated Business Model Canvas

Business Structure

• Complete Incorporation Package
• Incorporation Documents
• Shareholder Agreement
• Confidentiality Agreement
• Make InfoBits blog post
• Make individual blog posts
• Post updated Business Model Canvas

Minimum Viable Product MVP, Channels

• Develop and post to your team blog in (approx. 700 words for each team) your Minimum Viable Product :

· define it’s feature set

· the MVP prototype approach taken and the rationale behind it

· the hypothesis that the MVP feature set is based on and the validation tests to confirm the hypothesis

· Due Sunday Oct 16 Midnight

Minimum Viable Product MVP, Partners, Planning (One Page Project Plan)

• Create Advisory Board Package
• Create a One Page Project Plan
• Make InfoBits blog post
• Make individual blog posts
• Post updated Business Model Canvas

Product Development (working prototype refine product & market test)

Early stage finance

• sources
• deal structuring and negotiating
• business valuation
• share structure and valuation

Operations management

• bootstrapping
• developing and implementing systems and processes

Accounting and Finance

• Financial forecasting
• Accounting
• Cash management
• Tax issues/planning