"I'm interpreting this question as "what's the process you'd go through to launch a new product". I'd approach it this way, assuming we haven't yet made any determinations around the what/how:
Step 1: Pick an industry of interest with Industry criteria based on
Industry growth rate
VC investments (pitchbook is a good resource)
Step 2: Evaluate the various industry verticals and select the vertical with the most opportunity evaluated by
Age of companies
New entrants
Existing
-"
Diamonde H. - "I'm interpreting this question as "what's the process you'd go through to launch a new product". I'd approach it this way, assuming we haven't yet made any determinations around the what/how:
Step 1: Pick an industry of interest with Industry criteria based on
Industry growth rate
VC investments (pitchbook is a good resource)
Step 2: Evaluate the various industry verticals and select the vertical with the most opportunity evaluated by
Age of companies
New entrants
Existing
-"See full answer
"Not a complete answer but something to get the juices flowing:
Lets review the current market segment in which Aquare excels?
Square is known for supporting small businesses, we can define Small businesses by employee size of 10-500 or less, considering the goal of this exercise is to increase staff training modules. Let’s assume that part of the expansion means we stay in SMB segment because we can assume that larger businesses require more complex systems and feature integrations with th"
Amber B. - "Not a complete answer but something to get the juices flowing:
Lets review the current market segment in which Aquare excels?
Square is known for supporting small businesses, we can define Small businesses by employee size of 10-500 or less, considering the goal of this exercise is to increase staff training modules. Let’s assume that part of the expansion means we stay in SMB segment because we can assume that larger businesses require more complex systems and feature integrations with th"See full answer
"I always ask to clarify if this is a brand new team. If so, then I focus on bringing in people with strong technical aptitudes(since I'm hiring for software engineering), but also team members that have experience mentoring and good communication is a must. I look for people who have leadership qualities. I emphasize that building a brand new team isn't something I can do on my own, so the initial hires of that team are very important to help me expand it."
Catherine I. - "I always ask to clarify if this is a brand new team. If so, then I focus on bringing in people with strong technical aptitudes(since I'm hiring for software engineering), but also team members that have experience mentoring and good communication is a must. I look for people who have leadership qualities. I emphasize that building a brand new team isn't something I can do on my own, so the initial hires of that team are very important to help me expand it."See full answer
"I'm assuming we're negotiating because we want the vendor to do something unique for us that's possible but they've never done it before or that they do often but we want some sort of preferential treatment or pricing deal. I'm also assuming we're not desperate and have the upper hand.
Pre-Call with vendors
Define our ideal state
Define our BATNA
Vet and speak to at least 3-5 vendors (depending on market concentration)
Objectively know what is possible within industry and with the vendo"
Diamonde H. - "I'm assuming we're negotiating because we want the vendor to do something unique for us that's possible but they've never done it before or that they do often but we want some sort of preferential treatment or pricing deal. I'm also assuming we're not desperate and have the upper hand.
Pre-Call with vendors
Define our ideal state
Define our BATNA
Vet and speak to at least 3-5 vendors (depending on market concentration)
Objectively know what is possible within industry and with the vendo"See full answer