Presentation by the trainer(s): When you have chosen a business model, the next step is to try to validate it by ‘selling’ it to a potential customer. If the potential customer doesn’t buy it, pivot again and modify your model based on reasons given by not buying. When a customer buys, you are either employed – or ready to create other, new customers as an entrepreneur.
In pairs, participants plan the following topics:
- Calculate your business value
- Test your model in the market
- Fit on the paper, in the market and in the bank
- Designing your business from name to website
- Customer insight
Presentation to the group; feedback.