ACC 100 Lecture 4: ENT 526 After Midterms Week 8
1 Dec 2016
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Document Summary
Small investment in time and cost when compared to the time and cost of staring a business. Forces entrepreneur to think critically about aspects of business. Plans are nothing, but planning is everything. What will you do with the money. People who are the people behind venture. Placement cumulative annual growth rate (cagr) >25% Faster, more effective way to communicate your business model. Be different, in a way that matters. Elevator pitch = customer pain + startup solution. Irrefutable pain statement should not be subjective. Greed inducing how investor make money. Succinct short enough to be said in 3 to 4 sentence or 1 to 2 minutes. [users] google google is the world"s largest search engine that allows internet. [customers] google is the world"s largest search engine that automatically. Plan for it and don"t take unnecessary risk provide advertisers with potential customers tailored to the ad content, increasing click through rates and conversation rates.
