Feedback on my Business Plan

GLOBAL ENTREPRENEURSHIP NETWORK

SCREENING FORM

Criterion Factors Max. Score Score Potential Impact Understanding of Market Situation 10 06 (40 marks) Competitive Analysis 10 03 Identification of opportunity 5 03 The Idea and its Innovation 10 08 Potential to disrupt status quo 5 03 Potential Executability Strength of current team 20 10 (40 marks) Marketing and sales strategy 10 04 Finance Strategy 5 02 Unique Selling Points 5 03 Potential Fundability Revenue and growth potential 10 07 (20 marks) Potential to go public / get acquired 10 06 Grand Total: 55

SUGGESTIONS:

COMMENTS: Idea is good but is presented with very poor analysis. Many of the important aspects are presumed to be granted which need to be dealt in proper perspective.

IS THE ENTRY FIT TO PROCEED TO THE NEXT STAGE? In the present form is should not be proceed to the next stage.

First Sale!

I remember how excited I was when I made my first sale from the other site. I called up everyone who knew about what i was doing to share the news :-D

Today, I made my "First" sale from the second site. "First" is because somebody had already made a purchase before we realised that I didnt deliver till there. So i had to refund their money. Now, another person has made a purchase so i guess this must count as First Sale right??

:-D