NOV 4 - BUSINESS MODEL CANVAS WORKSHOP

Analyze your business model canvas (in your blog) for the 4 major risks: market, people, technology, and financial:

• Market (what is the market need? What are the customer segments you are targeting? What is your value proposition for each segment? How is this better than what competitors currently offer?)
• People (Who is on your team? Who are your advisors and investors? Who are your main partners? Show that you have all of the skills necessary to be successful. For any key expertise which you don’t have on your core team, you’ve found partners, advisors, or contractors who have this expertise)
• Technology (What existing technologies will you use? What technologies will you need to develop? Will you manage the technology in-house, or will you outsource it? What competing technologies exist and what is your advantage over them?)
• Financial (What are your main sources of revenue? What are your primary costs? How will you acquire customers? When do you expect to reach breakeven/profitability?)