“Customers don’t expect you to be perfect. They do expect you to fix things when they go wrong.” ~ Donald Porter
Most of the times, when entrepreneurs think about some new startup concept, they generally evaluate (or are advised to evaluate) the business model from their point of view on different verticals, for example - problem being addressed, solution being provided, potential market volume, marketing strategies to reach the targeted consumers, long term acquisition target, revenue model, profitability, scalability, funding etc.
But the reverse approach ie thinking from consumers’ point of view is also of equal importance. Once the mindset of consumer is clear, it’s quite easy to align the work as per consumer need.
Follow the url to read the entire analysis from FS on Startup Idea – Reverse Analysis from Consumer Point of View - http://www.fuckedupstartups.com/fs-adviser/startup-idea-reverse-analysis-from-consumer-point-of-view/