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SimplyBroken.com To create a startup strategy think about 3 time horizons Long- term Medium- term Short term Time-frameQuestions to answer  5+ years 

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Presentation on theme: "SimplyBroken.com To create a startup strategy think about 3 time horizons Long- term Medium- term Short term Time-frameQuestions to answer  5+ years "— Presentation transcript:

1 SimplyBroken.com To create a startup strategy think about 3 time horizons Long- term Medium- term Short term Time-frameQuestions to answer  5+ years  10-15 months 1  3-6 months  What are the metrics, results and “story” will you have for raising the next round of funding?  What are the short term actions and priorities which you are focused on (e.g., feature development, partnerships, hiring)  What is your grand vision for the company? Horizon A B C 1 Depending when and if you need to start raising your next round

2 SimplyBroken.com Long term vision Improve people’s lives by motivating, measuring and improving all the activities that impact their life-energy (e.g., fitness, sleep) A

3 SimplyBroken.com To raise our A round, we will show traction, positive results and proof of concept for paying users B  Capture market share  Increase daily usage  Estimate user life-time value and define segmentation Goals Description Actions  Develop end-consumer functionality that will continue to support word-of- mouth growth and increased usage  Invest in marketing to grow user base  Deploy pricing tests to understand willingness-to-pay and segmentation  MAU – monthly avg. users  DAU – daily average users  DAU/MAU – repeat usage Metrics  Total signups  Total shared quiz  Estimated value per user

4 SimplyBroken.com Our company has 5 major priorities to accomplish in the next 3-6 months C 1. Scalability 2. UX redesign Description and goalsBy (date)  XXX  Set specific and measurable goals (e.g., Increase systems total capacity by 3X to XXX) Topic 3. Recruiting 4. Topic X 5. Feature Y …… …… …… ……  XXX


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