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Established A New Venture Valued At $5 Million
Business Model Innovation
discover...
Established A New Venture Valued At $5 Million
Business Model Innovation
The Challenges:
The founder wanted to venture into a new business which he had incubated in his mind for a couple of years. He often pointed to his Cognitive limitation and thought a Management degree from a premier University would do the trick.
His past guided him to start with an execution plan even before the idea was ripe and all elements of business model were in place. He had recruited few techies and asked them to code without being sure of the entire block. Money had been spent on branding etc., After a while – Everything stopped.
The Challenges:
The founder wanted to venture into a new business which he had incubated in his mind for a couple of years. He often pointed to his Cognitive limitation and thought a Management degree from a premier University would do the trick.
His past guided him to start with an execution plan even before the idea was ripe and all elements of business model were in place. He had recruited few techies and asked them to code without being sure of the entire block. Money had been spent on branding etc., After a while – Everything stopped.
The Solution:
iEnabler used ” Think Deep, Execute lean ” framework which is a combination of Strategic Thinking, Experience and Platform to take his opportunities and help his business create Outcomes.
The founder’s belief on Failing first, Lean Thinking had severely stunted its growth potential.iEnabler rapid growth platform enabled him to challenge assumptions and think deeper, wider and holistically.
The Solution:
iEnabler used ” Think Deep, Execute lean ” framework which is a combination of Strategic Thinking, Experience and Platform to take his opportunities and help his business create Outcomes.
The founder’s belief on Failing first, Lean Thinking had severely stunted its growth potential.iEnabler rapid growth platform enabled him to challenge assumptions and think deeper, wider and holistically.
The Results:
A new business model with a product that has IP valued a few million dollars is in it’s Go to market plan and has attracted considerable traction in the Investor Community.
The Results:
A new business model with a product that has IP valued a few million dollars is in it’s Go to market plan and has attracted considerable traction in the Investor Community.
The translation of rather abstract concepts of “i” the innovation into broader strategy, underpinned with execution enabler techniques, is their marquee that truly makes them i-Enablers and stand out clear and unique.
With Market Canvas, we wanted to make marketing information and products easily discoverable. We recognized a need and built a product, but we later realized that we didn't build it with enough differentiation. That's where iEnabler helped us: it let us dig deeper into the problem, and truly understand it. We discovered new opportunities, IP potential, and expanded into different areas. We now have enough differentiation, and are ready for competition.
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