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Startup Savvy

Stealth • 11m

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 replies20 likes

Replies (4)

Phanirockzzz

Stealth • 11m

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 replies

Anonymous 2

Stealth • 11m

Can u give idea to acquire market research skill

1 replies

Anonymous 1

Stealth • 11m

Can you elaborate on the second question?

1 replies

Arcane

Stealth • 11m

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

1 replies1 like

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