Sunday, June 26, 2005

Start building on your Ideas with a powerful 4-step process


The experts – academics, bankers and consultants – recommend the traditional business plan as the best starting point for business development. But those who succeed in starting or building a business find the traditional business plan’s myriad details overwhelming, much too time consuming. They find their way through a more fluid, less structured format.
The Core Value Proposition introduces a more powerful anchor, a new starting point within an easy to understand
4-step business-building process:
• Detect, create and select new and viable innovative business building ideas.
• Create a Core Value Proposition – Use 5 Value Drivers to define the Idea’s core values.
• Prove the Core Value Proposition is viable –
Give life to the idea! Is it financially workable?
• Create a compelling business plan. Use the Core Value Proposition as its nexus – tailor its content to a specific communications purpose.

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