Opportunity : Giving students a chance to earn better grades by adding on extra study tools for them for their own advantage. There isn't any changes in the environment that is creating this opportunity. My target market is students from the grades Kindergarten to College. There is no age limit to my service but the main age range is 6 years old to 25 years old. Now, customers are currently satisfying this need by studying for themselves and gaining access to outside resources when need be. I think customers are loyal to what they are using now because they think there is nothing else better for them. I plan to change that with by service I am putting in place. This opportunity is big because I am giving students who need more help than others a chance to excel in school and develop the grades they need to feel good about going to school. The window will be open for as long as children are going to school. They will be the leading people in these next generations to come s...
Hey Rachel, your exit strategy is clear and concise it sounds like you have a good plan set in place for your opportunity. I think its good that you realize the future isnt always clear even if you try and map it out there are factors that cant be predicted and are out of your hands. I think with an opportunity like yours that deals with education their will always be a need for it. The factors behind the need may change, but the need I think will always exist and your opportunity will be beneficial to many students.
ReplyDeleteHi Rachel,
ReplyDeleteI like that you mention that you want to keep your exit strategy open. I also felt the same way as you about my own exit strategy. I think focusing on growth will eventually lead you to an answer. Whether if you want to sell it to a bigger competitor or try to become a giant in your own community or become a franchise in the field. Time has a way of giving you all the answers. I hope this helps. Best, Mehr.