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DAVID WELINSKY JESSE FRAGEMAN JENNY NOWIERSKI JASON JAO AMMY YUAN. Minute Capital. Idea Assessment. Minute Capital. Entrepreneur. Previous Diagram. Approve. Pitch Idea. Funky Outlet. Reject. Web-Pitches. Membership Fee Transaction Fee. Revenue Share. Start-up.
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DAVID WELINSKY JESSE FRAGEMAN JENNY NOWIERSKI JASON JAO AMMY YUAN Minute Capital
Idea Assessment MinuteCapital Entrepreneur Previous Diagram Approve Pitch Idea Funky Outlet Reject Web-Pitches Membership Fee Transaction Fee Revenue Share Start-up If attractive, invest If succeed, share revenue Investors
Feasibility Analysis Team • Market Dynamics • High threat of substitutes • Moderate threat of new entry, buyer power, supplier power, and industry competition • Market Demand • Analyze demand for other similar websites & services • Initial survey to determine potential demand for website • Investments: Varies on value of the pitched idea • Financials • Start-up company shares • Website registration fee • Trading fee • Risk • SEC regulations • Legalities of crowd funding
Project Plan February 27 – March 4 Foundation for our business model should be in motion and begin filling in crucial details March 5 – March 11 Business Model should be nearly complete March 12 – March 18 Complete business plan Practice for Minute Capital presentation March 19 – March 25 Finalize business plan and final presentation March 26 – April 1 Last week of preparation for model and outline April 2 – April 11 Present final Minute Capital idea to VC panel January 30 – February 5 Research idea & legalities of group funding Expand research to competition & similarities to current existing products Sit down with Professor Middleton to discuss February 6 – February 12 Start to outline a business model Create an online survey February 13 – February 19 Analyze survey data Continue to fill in the business model using new data February 20- February 26 Assess accurate financials of the company and how much time it will take to break even Evaluate each of the different forms of risk presented above