The different aspects to consider
< Click here for the MindMap version >
Concept to money
Large market and access
Technology and learning curve
Resources and pay or attract
Partners and pay or attract
Derived partners and clients
Business experience in negotiation and contracting
Non disclosures and the value thereof
See document: non-disclosure-agreements.htm
Questions in each category
Who reduce risks and will pay for access or benefit?
Who wants technology and do not compete directly?
Who wants access, can pay and do not compete?
What else can be done next to the concept?
Risks of projects awareness
See document: Risks-of-Business.htm
List all players in each category. Use experts and the web for expanded insights
Share of wallet
People who serve clients and can grow from the concept?
People who have technology and grow from more clients the concept can bring?
People who have the resources and grow from the concept?
Concept attracts and partners
Clear contracting drives success.
Partner each required area for a clear percentage as in the HAVE model.
See document: High-Added-Value-Exchanged.htm
The "Board game" story told by Unre and
Harvard Business School OPM case study.
Partner as in share of wallet
Assist growth and go away.
Expertise in more than one area to ensure success and protection
Repeat processes and experiences in maturity
Off course MONEY!
HBD from Shuttleworth
See document: default.php
Clear growth towards exit
One step away from total exit
They run the company from management contracts
Clear IRR and growth with clear competencies
See document: www.savca.co.za
FFF spin-outs or spin-offs
Money from Family, Friends and Fools should only be taken when you know the markets, technology, team members
Expertise, market access and business skills are as important as the concept.
What do you specifically put in and want out?
Money and when?
What can you put in and when?
Which roles do you want to play?
What does it look like when it worked for you?
What will the project do for you?
What type of colleagues and partners are keen to work with?
Processes to know, identify and access resources to move from where you are to the next steps