To put it simply, every entrepreneur and startup will adopt
CCTT because this will (a) radically improve chances of the startup in question
to survive and (2) make it no less radically easier for the entrepreneur in
question turn his or her business idea into a powerful money-making machine.
Currently, an entrepreneur attempts to accomplish this
objective either by himself/herself (using his/her own savings and/or loans
from banks or other creditors) or by partnering with a venture investor that
provides the necessary startup capital. Using available corporate engineering
technologies. That leave a lot to be desired in terms of effectiveness and
efficiency. Hence, startup failure rate is currently very high (according to
The Wall Street Journal, 75-90%).
CCTT will radically changes this unattractive picture. More
specifically:
1.
With CCTT (more specifically, SCORE), instead of
a ‘classic’ business plan, an entrepreneur in question will be able to develop
a comprehensive blueprint for his/her
business venture – complete with all key corporate objects, processes, KPI,
documents, etc. And to subsequently use this blueprint for building (‘engineering’)
a powerful money-making machine from his/her original business idea
2.
Compared to the ‘classic’ business plan, this
blueprint is radically more
comprehensive and far easier for the venture investor to analyze and make a
much better informed venture investment decision.
3.
Entrepreneur, his/her management and employees,
venture investors (if any) and outside consultants will then use this blueprint
to engineer and build an actual
money-making machine (business system). During this process, the original
blueprint will be transformed into a comprehensive
corporate cockpit solution for the actual company in question (including a
comprehensive corporate knowledge base and its interface – the corporate
cockpit proper).
4.
Both the original corporate blueprint and the
actual corporate cockpit solution present far more comprehensive and realistic
picture of the company in question than the ‘classic’ business plan or
information memorandum and therefore radically
decrease investment and business risks
5.
Entrepreneur,
his/her management and employees, venture investors (if any) and outside
consultants will then use this solution to
maximize the aggregate performance of the business venture and thus its intrinsic
financial value – at all times.
6.
CCTT – due to their uniform and comprehensive
nature - will make it radically faster and easier to adapt
both the original blueprint and actual corporate structure to ever-changing
external environment
7.
At the exit stage (IPO or strategic sale) CCTT-based
corporate map provides the buyer with much more comprehensive and realistic
picture of the company in question. Which radically
decreases buyer’s risks and, therefore, no less significantly increases the
IPO/M&A price and, therefore, ROI for the entrepreneur and the venture
investor
8.
All of the above will inevitably result in a dramatic increase in a startup survival
rate (from current 10-25% to 75% and quite possibly even 90%). With the
corresponding no less dramatic drop in a waste of money, effort and other
resources – and the corresponding highly beneficial impact on global economic
growth.
9.
Startups are not limited to the business world;
you can find them everywhere – in government (new agencies at the local,
state/provincial and federal level); NGO/NCO – new organizations; academia –
new universities, institutes, research outfits, etc. These startup also suffer
a high failure rate and thus will benefit significantly from CCTT – for much of
the reasons presented above. With further no less dramatic drop in a waste of
money, effort and other resources – and the corresponding highly beneficial
impact on global economic growth.
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