1. Identify and leverage hidden resources for your startup
2. Generate early revenue streams with minimal investment
3. Implement effective cash flow management strategies
4. Scale your business efficiently on a limited budget
5. Maintain sustainable growth without external funding
Identifying Hidden ResourcesExercise
Exercise 1: Resource Inventory
List at least three resources you already possess in each category:
1. Skills:
2. Network:
3. Physical assets:
Exercise 2: Social Media Leverage
Describe how you could use one social media platform to market your businessfor free:
Exercise 3: Guerrilla Marketing Brainstorm
Come up with three low-cost, high-impact marketing ideas for your business:
Generating Early Revenue
Exercise 4: Minimal Viable Product
1, MVP Component
2, Description
3, Estimated cost
Exercise 5: Pre-selling Strategy
Which of the following is NOT a key element of a successful pre-selling strategy?a) Creating a compelling offer
b) Providing incentives for early adopters
c) Being transparent about delivery timelines
d) Focusing solely on high-volume sales