ASSESSES THE SIZE OF THE OPPORTUNITY, OF THE MARKET

Accelerate your business with these expert tips "Assess the size of the opportunity, of the market". Analyse and discover this TIP!

One possible task or exercise that a startup investor can do to improve his or her skills as a business angel is as follows

1. Identify 10 startups in different sectors or industries.
2. Research the size of each market in which the start-up is operating.
3. Analyse factors that may influence the size of the market in the future, such as technology, demographics, economics, regulation, etc.
4. Assess the size of the opportunity that each startup represents within its market, considering factors such as competitive position, value proposition, strategy, scalability, etc.
5. Compare and contrast the opportunities of the 10 startups and rank them according to their growth potential and profitability.
6. Write a brief report on each startup and its size of opportunity, highlighting its strengths and weaknesses and explaining why you consider it a good or bad investment.

This exercise will help a startup investor develop his or her ability to assess the potential of a startup and to select the best investment opportunities.

It will also give you first-hand knowledge of trends and challenges in different markets and sectors and broaden your business vision:

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