New Idea for A Company, Product, or Service, Market - Entrepreneur Assignment Help

Assignment 

Instructions

For this peer assessment, you will work on finding a new idea for a company, product, or service that corresponds to your values. The goal of this exercise is to find an idea that motivates you to work day and night as an entrepreneur. 
You will choose an idea for a company, product, or service on the basis of three question process described in this course:
1.Idea that corresponds to your purpose in life
2.Idea that gives you pleasure
3.Idea that corresponds to your strengths
You have to explain how this idea will correspond to your purpose in life, how it will give you pleasure, and how it will correspond to your strengths.
Afterward, you have to find 5 gaps in the market for that company, product, or service and propose 5 improvements to address the gaps.
As a reviewer, as you will be reviewing different products or services, you will discover different and probably recurring gaps and the associated improvements. This will help you explore different ideas of improvement that you may not have thought about at first glance.
Remember that, by the end of this course, you should be able to gather key learnings to apply to a product or company you want to launch. It’s not mandatory but it’s recommended that you use the same project throughout the course so as to maximize your learnings.

Review criteria

You will be evaluated on the basis of:
•If your description of the company, product, or service is clear
•If your idea well corresponds to your purpose in life, how it will give you pleasure and how it corresponds to your strengths… in other words, if your explanation is convincing
•If the gaps you have identified are reasonable and critical
•If the improvement suggestions you have come up with are concrete and actionable

Step-By-Step Assignment Instructions

Step 1: Describe the company, product, or service you are dreaming to work on. (no more than 300 words)
Step 2: List 5 gaps in the market for that company, product, or service
Step 3: Propose 5 improvements to address the gaps.

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