But I think the space and market is too wide. And demand is increasing and will be increasing as per TAM. So why not.
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What do you think?
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Why so much emphasis on TAM?
This is why..
TAM's Importance for Founders:
1. Market assessment baseline
2. Investor communication tool
3. Business planning guide
4. Strategic thinking catalyst
5. Growth opportunity identifier
6. Adaptability promo
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How to calculate your Total Addressable Market (TAM)❓️
Market Size: 9 out of 10 Startups are doing it wrong 😐
It is not:
❌️ The total size of the problem
❌️ The TAM of your competitors
❌️ The size of the entire industry
Example: Wrong Marke
lets say there is a clothing retail store
if I invest x amount in it and start it
I will have some sales , expenses and profit which I take home
now the problem is rent increases every year by 10% , staff cost increases every year by 10% but the
