Question: Executive Summary Report for launching a new product: a light-weight hair dryer that helps women blow-dry their hair in 40% less time when compared with
Executive Summary Report for launching a new product: a light-weight hair dryer that helps women blow-dry their hair in 40% less time when compared with the traditional hairdryers that are currently available on the market.
When preparing the assignment, students must think about a new hairdryer that they want to launch by founding their own start-up company.
1. Cover: Provide company name, your name and title, address, email, and phone number
2. Summary
3. Problem: Describe the pain that you are alleviating or the pleasure you are providing
4. Solution: Explain the value of the pain you alleviate or the value of the pleasure you provide
5. Market Opportunity / Size
6. Business Model: explain who has your money temporarily in his pocket and how you are going to get it into yours.
7. Competition: Provide a complete view of the competitive landscape.
8. Underlying Magic: Describe the technology, secret sauce or magic behind your product. The less text and the more diagrams, schematics, and flowcharts the better.
9. Product demo: If you have a prototype or demo, this is the time to transition to it.
10. Go-To Market / Growth strategy: Marketing ideas. Explain how you are going to reach your customer.
11. Traction / Milestones: Explain the current status of the product, accomplishments to date, what the near future looks like and how you will use the money you are trying to raise.
12. Financials: Provide a three-year forecast
13. Fundraising Information: How much money are you raising?
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