Business canvas - a blueprint for success

You cannot survive without a plan, you cannot win without having a clear understanding how  you will capture valueI

Honestly, just stop thinking that you'll be able to win out there playing it by ear or by adjusting your plans as you go. Do you  think chess is won without a clear strategy ahead?

If you treat your hobby like a business, the structure to win will give you the power to execute!

Business canvas is nothing new, you'll find lots of info on the Internet how to fill all the blocks, heck you got YT videos to teach you step by step.

I will not do that here.

Rather, I want to offer you what comes next after setting up your business canvas

ACTION PLAN

It starts with turning each block into an activity

1. Engage partners - be smart personalize your outreach

2. Set up operating processes - SOPs write them as you build them

3. Build product - get your MVP out fast, delegate tasks and prioritize

4. Engage suppliers - can you offer them anything at this point

5. Set up retention plan - love on your first users

6. Locate your niche - make it a dot not a circle

7. Set up go-to-market plan - how do you plan on stepping out on the stage

8. Set up financing source - VCs are not the only source if you are EU based use grants

9. Set up income streams - pay attention on the money flow and learn liquidity

It basically means you will identify:

1. Tasks - what exactly needs to be done and those need to be specific

2. People - who do you need for the task

3. Expenses - how much money do you need to spend

4. Timeframe - deadline to do it

You can use excel spreadsheet, but make sure those deadlines get set in your calendar!

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Much more to come so thanks for giving me a read! Sandra