We Only Need 1% of The Total Market! - Startups and angels: Along.
Tim Keane
OCTOBER 3, 2007
We Only Need 1% of The Total Market! It means that the entrepreneur hasnt done the hard work of figuring out a business model at a detailed level, nor allocated the total investment required to achieve their goals. They have looked at a total market and backed into a financial projection that looks great at a small market share.
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