Build a business case for yourself.
- Shamier Croeser

- Jun 30, 2022
- 1 min read
Your request is too vague to explore any accurate ideas, Mr X.
There are many aspects to look at when considering to secure a project or seed-stage budget and in various contexts.
However, as you are fully aware and from my experience; to acquire any budget of any sort; a resultant of commercial value (ROI) needs to be realized.
For our context (and this context must still be well defined), commercial Value (ROI) can be defined as a tangible system, process or product that has intrinsic [or generates or contributes to] commercial value in its completion [or MVP and scalable] state; where it matches an existing or future demand and can be exchanged on the open market.
The questions to ask ourselves are;
1. what is the current demand/needs?
2. what is future demand/needs?
3. what value can we produce to match the demand/needs?
Considering these questions in the context of the technology, their applications and commercial viability thereof at our disposal.
Its simple economics Mr X. determine demand (now and future) + cost of value production estimates (product, service & solution) + scalable & growth path (future state) = ROI. Your ROI metrics will make or break your budget request and to obtain good metrics, one needs a good business use case.
In my opinion, a good starting point would be to compile a business case for yourself that outlines these assumptions and validations.
Build yourself a sustainable business for the future




