TAM & SAM for a new venture idea

In this report I just need this point to be done, it’s about 450 to 500 words

and I will give u what I wrote for the other parts to help u.

 Included Market size estimates – TAM and SAMB

USI2800 Entrepreneurship

Marking Rubric- Final Idea Report

Overall Report Presentation (15%)

 Well presented, clearly articulated, free of spelling/grammatical errors, professional looking  Appearance of being written by a single author  Data or information assertions were supported by proper references in APA style  Included signed declaration of academic integrity  Included a summary, introduction, conclusions and references.  Utilized Appendices.  Followed page limit and format guidelines provided in the NVP overview.  Provides details of team member contributions

For Final Idea (85%)

 Clearly articulated the specific, unique idea and pain point to the reader  Convinced the reader that the problem is significant and worth solving  Articulated the filter criteria/rationale for selecting this idea over others  Showed evidence that idea filters/feasibility were based upon the team’s own values and experience.  Included well thought out business model using 9-point business model canvas  Included the Value Proposition Canvas  Used the “New Business Road Test” as a framework for analysis. Included Critical Success Factors under the “team” domain. o Complete New Business Road Test analysis using Seven Domains model. o Provided evidence of industry research: e.g., competitors, size of the industry, etc.  Included Market size estimates – TAM and SAM (covered in class)  Provided a “Competitive test matrix” which shows how the benefits of your idea compare with the rest of the industry  Minimum Viable Product. Describe what MVP you decided to use for customer value testing, and how you arrived at that decision. Include a picture, screenshot, etc.  Customer Validation report detailing real world feedback from 25 to 30 potential customers. Use digital tools for outreach. Ensure you describe, and explain: o Which customer segment you targeted, o Your means for gaining validation using the MVP, BUSI2800 Entrepreneurship (c) Tom Duxbury and Rowland Few o What their responses were, o What you learned from the customer validation exercise, and o Your next step decision: move forward or pivot, in what way?  Used all course material presented to date as appropriate  Included an executive summary, introduction and conclusion. With clear next steps and convinced the reader that the opportunity has potential for success

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