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Assignment:
I want to open a business of valve in Canada. I want an impressive lean canvas for my startup to know the exact problem, solution, target market and revenue of valve business and how I'll get profit from this business. I also want an accurate explanation on how I'm doing different from everybody. I want to know the an accurate revenue with digits and cost structure for this valve business so that I get a knowledge.
What would be my elevator speech for this idea?
I need to know 4 components of this pitch:
1) The problem and impact of this problem on the target market
2) What could be my best solution and why my solution is innovative?
3) The target market (B2C, B2B or other) and the reason for selecting this
4) Revenue model (how will I make money)
Develop at least one question for each characteristic of the target market (demographic, geographic, psychographic, and behavioral) that will be important for you as you determine the marketing strategy for this new product.
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