25A- Whats Next?

• Existing

Step 1: Talk about what you think is what's next in terms of products and services for your venture.

In next I need to assemble my team. 

Step 2: Interview three customers who are already part of the market you have identified, and ask them what they believe is next for a venture like yours. Describe to them your business, and simply ask "What should we be doing that we aren't planning to do?" Next, ask them about your ideas of what customers might want next. 

Customer 1- He believes that my venture is a good idea but needs more people

Customer 2 Believed that I should work and focus on creating great customer service. 

Customer 3 Thinks I should focus on creating better SEO for my business. 

Step 3: What makes the most sense in the next step of my business is to create a team of good people. This will help my create social capital. 

I also like the idea of making a great SEO so my keywords for my company is great and we can have organic growth for my website. 

New Market.

Step 1: Identify a radically different market from what you're currently planning to target. If you're currently targeting B2B, think about going after a B2C market. If you're currently targeting an affluent part of society, think about targeting a very poor part of society.

I'm planning on targeting many small business's so we can have many long term clients, and once they grow into medium sized business's we can increase our bottom line. 

Step 2: Once you have identified a radically different market, describe how you think your venture concept might be able to create value for people in that market. You may have to get creative with this -- that's OK -- and perfectly welcome!

I can create value since my service will be cheaper hence this Will create value to my clients and customers. 

Step 3: Interview two people from this new market. Again, describe to each interviewee what your concept is. Then, ask them how they think your business might be help to meet customers like them. What kinds of adaptations to the product/service mix do they think you should make to be successful in this new market? 

Person 1- They thought my concept was great but thought having programmers in the US is the best solution and not hire off shore programmers even if they were cheaper. 

Person 2- Person 2 thought that I had some great product/service mix. They liked my idea alot and thinks I have a great opportunity in the new market. 

Step 4:  Reflect, in two to three paragraphs, on what you learned about this new market. What surprised you the most? Were any of your expectations/assumptions correct? Does this new market, on second thought, appear to be as attractive as your existing market? And so on. 

I learned alot in past post. I think looking at the new market was very eye opening. I also got some great opinions from some customers and people about my ideas and how they would work. 

Overall this post has alot of some great ideas and things I can work with. Having these great programmers helps create that high level of social capital.