Venture Planning Venture Map to Financing Venture Planning Checklist: Venture Model How can you turn the idea into a viable business?                 By Venture Planning Associates. Used by permission.   Entrepreneurial Assessment  >>   Customer Assessment   >>  Venture Model  >>   Financial Assessment   >>  Reality Check     → 10 Rules for Building a High-growth Business   → Entrepreneurial Creativity: 4 Keys      → Startup Business Plan   → Facebook: 10 Success Lessons from Mark Zuckerberg   → Alibaba: 10 Success Lessons from Jack Ma Questions to Answer Before Starting Your Venture   5.    Venture Models: How can you turn the idea into a viable business? → Business Model → Internet Business and Revenue Models List all the possible customer/product concepts to meet the needs  → 7 Routes to High Profits Can you do this best by R&D with licensing, distribution, retail, or service company models? Brainstorm and list all concepts. The last 20% will be the strongest ideas. After listing and outlining all concepts, choose the best three that will serve your customers. Next, ask yourself is it unique, can it be copied, and how can I make it competition proof? Is there current competition and how will I gain a competitive edge over them? How much time is needed for the pre-startup phase and how does it affect the window of opportunity? How can you shorten the time frame or extend the market window? What factors control the time frame and how can it be impacted by others or outside events? How can you control risk? Can you pre-sell or pre-qualify likely sales? What are the major risks associated with the model and how can you reduce the risk? Has anyone else started a similar venture? Do you know what their mission, experience and results were? How long did it take them to get started? What resources were required and what are the lessons learned from the venture? What type of venture is this? Lifestyle, High Profit, or High Growth? Compare the answers to all three of these models and evaluate the results.   Tweet    Would-Be Entrepreneur Reality Check >> Customer Assessment >> Venture Model >> Financial Assessment >> Overall Venture Evaluation and Reality Check  Venture Map To Financing >> Venture Planning >> Business Planning Chart The Funding Round >> Long Term Capitalization Planning >> Business Finance, Administration, Marketing and Sales >> Business Operations >> Mergers, Acquisitions and IPO's