同濟大学 TONGJI UNIVERSITY Definition of Opportunity Definition of Opportunity Has the qualities of being attractive,durable,and timely and is Opportunity anchored in a product or service,which creates or adds value for its buyer or end user. A Good Idea is not Necessarily a Good Opportunity For every 100 ideas presented to investors in the form of a business plan or proposal,usually few than_4get funded. ·More than 80 of those rejections occur in the first few hours;another 10-15 are rejected after investors have read the business plan carefully. ·Fewer than 10 attract enough interest to merit a more due diligence thorough review that can take several weeks or months. • Fewer than _______% attract enough interest to merit a more due diligence thorough review that can take several weeks or months. • More than ______% of those rejections occur in the first few hours; another _____________% are rejected after investors have read the business plan carefully. Definition of Opportunity Has the qualities of being attractive, durable, and timely and is anchored in a product or service, which creates or adds value for its buyer or end user. A Good Idea is not Necessarily a Good Opportunity • For every 100 ideas presented to investors in the form of a business plan or proposal, usually few than ______ get funded. Opportunity 4 80 10-15 10 Definition of Opportunity