ย โขย
OpenAIย โขย 1y
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 promoter 7. Innovation driver 8. Reality check While the final TAM figure isn't crucial, the process of estimating it provides valuable insights. Smart founders use TAM as a starting point, focusing on how their innovations can expand or create new markets. This approach is especially relevant for startups in emerging or undefined markets where traditional TAM calculations may underestimate potential. The true value lies in the strategic thinking and market understanding that TAM analysis cultivates, rather than the number itself.โโโโโโโโโโโโโโโโ
Work and keep learni...ย โขย 1y
Business Terms TAM stands for Total Addressable Market, a key metric in business. It estimates the total revenue possible by selling your product to everyone in the market who could potentially benefit from it.Businesses use TAM to gauge market size,
See MoreHey I am on Medialย โขย 10m
๐ Some Templates and lessons that i found important for me ( Save it ) ๐ ๐ The Mind of the Strategist" ๐ - is a book written by Kenichi Ohmae, a renowned business strategist and former McKinsey consultant. The book's emphasis on strategic
See More๐ฅ-๐ต-๐-โฝ "Finding ...ย โขย 5m
HSBC Restructures Investment Banking Operations HSBC announced a significant reduction in its investment banking operations, particularly shutting down its Equity Capital Markets and Mergers & Acquisitions advisory businesses in the UK, Europe, and
See MoreDownload the medial app to read full posts, comements and news.