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Startup Savvy

Entrepreneur is What... • 1y

The Most Important Thing about Starting a Business is about Market Research Entrepreneur should have knowledge about the market Q1) What is the Total Addressable Market Size ? Q2) Is the Industry a Sunrise or Sunset ? Q3) Is their need for your product in Market ? Q4) Is their any reason for the customer to switch to your product Q5) Do you have proper knowledge about your competitors? Q6) Do you Have Proper Knowledge about your Customer? Did you have actually know who is your Target audience? Have A Proper Plan Before Starting any Business !!!

4 Replies

Replies (4)

Looper

If nothing goes righ... • 1y

I am using anupam mittal framework. 5T framework. 1. TAM total adressable market . 2. Traction what is the current trend on this business 3. Team- you have a great team or not. 4. Technology- your startup have evolved over technology or have relation with technology or not. 5. Timing - are you entering the market at a great time or not.

1 Reply

Arcane

Hey, I'm on Medial • 1y

I think Knowing about the Product Life Cycle would also be a key contributer to market research.

1 Reply

Anonymous 2

Hey I am on Medial • 1y

Can u give idea to acquire market research skill

1 Reply

Anonymous 1

Hey I am on Medial • 1y

Can you elaborate on the second question?

1 Reply

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