Unlock the Power of Electronic Signature Licitness for Business Plan Template in European Union

How to eSign a document: electronic signature licitness for Business plan template in European Union

hi thanks for being here and welcome to the European venture market portal my name is Marcus concern i'll talk to you about your little cheat sheet on your right hand side you find the download button for our little template we'd like to discuss with you today just hit pause and when you're ready to follow along you might want to let me speak again to go through that cheat sheet and help you with talk about help I guess that is what I always wanted to do when I was three I had a book called the little red fire engine which my mom read to me and as I was told I knew by heart the little engine always wanted to help the big fire engines and there was a fire and was watching all the time so he could help to make a long story short had actually learned and eventually is tinguished a burning cigarette in its toy store and prevented a bigger fight now there are many big fire fire engines around and let me and us be the little engine that helps with little things but causes great effect I studied law and make him a banker I did this for 20 years but then I wanted to do something else and went on to become an entrepreneur now I organized the European venture market and give young companies the chance to present their ideas at businesses in front of investors my colleagues and I do this since 10 years and so far we have hosted 26 events and we saw hundreds of companies in their pitches because of that we added a coaching day to our events so we could help we can and we do we review the content and the presentation and more often than not can really help you improve and that's why you're here our cheat sheet is supposed to help you organize your thoughts and your presentation or your pitch it so why don't you take the template and follow along as you can see we start with a solution you offer people don't know your solution yet but it is there to help them with pain they experience that is the value you provide and you want to make sure that your readers or listeners understand what you're talking about when explaining make sure everybody understands your solution it is hard especially when you have a very techie product or service but it is worth it to really spend time thinking on how to make sure that your solution can get recognized by your target clinical as the solution to cure their pain try to use examples and build cases that create an a hi effect with your audience and enable them to see how you can solve their problems remember this is the first impression you and your solution can make and if your audience understands it right away everything else will be much easier then you can go on and provide further details there you can get technical investors are usually specialized in their investment areas and we'll discuss technical meadows with you anyway in detail now next your specialty or maybe secret sauce make this come since you want to separate yourself from existing solutions and you want to make sure that you are so different and then you have an advantage over competitors at least for quite a while in case you can't protect your product by patterns if you have patents see that you're able to add to them and make it hard for anybody to reach your level why are you better than anyone else this is what an investor wants to hear since they are all striving to find the next superstar for their portfolio make it count make sure your secret sauce makes the investment appeared easily digestible and really tasty next the pain yourself what challenges do your service or product help overcome there will be always two to three major problems that you can solve so concentrate on them examples maybe you are able to analyze with your software flaws and a fraction of the your competitors can or your next medical device enables doctors to perform procedures and much less time and leave the patient and much less discomfort is any solution before yours you know what I mean think about it next your team this is easier to write about and not so easy when you have to present it and time is against you start with the team member with the biggest input for your solution and also mentioned mentors or biases that clearly have a positive impact on you and you're moving your company forward I know that all team members are important for the success of your company but just concentrate on their real expertise that is necessary for your success let's skip the points about video and screenshots I trust you know what I mean there you add the links or third shots next the benefits for your target one we know already that you have the painkiller now add how people can get the best out of your product or service concentrate on the major ones using the example of medical advice device for example or a procedure you have faster recovery less discomfort or soul and with my software example it saves you a lot of time and avoid possible system failures or something similar traction is important how do you get your product or service on the road without skidding back and forth or sliding off the road tell what channels you're using how can you state where you tested your product or service and what kind of reaction you got this is really worth concentrating on because it shows the acceptance of your product on the market at least as far as you can tell by now examples how many downloads has your help how many doctors are interested in your medical device or your your service or did a medical journal outline your product it same for your analytical software are they is already foil it you have test client your market here you'll find many questions in the template you can ask yourself so we can go fast here we started all with the initial market which could be close to home and where you can outline what your estimates are and what your potentials are one thing never just tell investors that your market is X and your share will be why because we have to be princess precise as possible and then today x is most likely that you will address a global market in that case make sure you say why and how this is going to work for you it also would be a good idea if you have material about trends in your market to support why your product or service is needed right now and the opportunity is there next your competition you better know them and name them and be able to tell what sets you positively apart from that one out here is to illustrate the magic product from mention it is a good tool to gain clarity where you stand it's similar to the SWOT analysis with strengths weaknesses opportunities and threats and there when you do this sheet and the graphic you can hopefully say that you're in the upper right hand side of that quadrant we all know that business models can change quickly but you should have basic idea how you're going to earn money see the examples we listed like subscription models revenue sharing licensing etc you get the idea then what is your go-to-market strategy feel free to use as many strategies you think you can be successful can be successful for your product or service again real estate examples like online marketing direct sales classic PR etc outline your roll clip which could also be the milestones you want to reach with the funding you're seeking in funding tell you investors where you stand and how you achieved it did you bootstrap did you start with friends and family do you have an early stage investor tell the investors what you're planning to do and what you will achieve with the additional funds you require be as precise as possible as we said before this point goes hand in hand with a roadmap and your proposed milestones the remaining points in our templates are regarding your testimonials for example has anything been published about you at your product any services or information you can offer investors so that they don't have to do so much searching you'll be much appreciated and adds plus points and then you should again see say why you summarize your most powerful positive arguments for your business proposal like your usps the enormous market potential or you're exceptionally strong team and then don't forget to edit to your contact data sorry to mention it but it's often forgotten and not very helpful Radha here you go I certainly hope to serve to and we can help you gain with clarity will continue working for you let you know about next program soon we'll also let you know very soon when our next to repeat venture markets will take place and it would be great hearing from you and we're there for you anytime with your questions or suggestions and were able to help to support you in search for investors individually if you're interested call us germany for 930 440 3860 or send us an email at contact at european venture market com good luck and all the best with your entrepreneurial future thank you you