Build new venture
In Venture Building, we engage established companies to create and develop new ventures or start-ups within their organisation. This innovative approach allows companies to explore new markets, develop disruptive technologies and drive growth.
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We help corporates...
... build new revenue streams
Create new revenue opportunities through entering adjacent markets, repositioning and rebundling your current offering or though innovative value propositions.
... grow their product portfolio
Quickly build, test and launch new services relying on our lean and agile methods. Ideas aplenty – we source them from your organization, our own research or by joining with existing startups.
... fully utilize their resources and know-how
With our clients we’ve built businesses targeting their surplus – by renting underused office spaces or helping them crowdsource innovation from their own workforce.
Venture building
Venture building is a framework that streamlines developing new businesses from idea stage to profit. During the venture building process, business ideas are sourced, tested and developed.
A systemic approach to corporate growth
It’s a discipline that takes best startup practices and adapts them into a repeatable, corporate-compatible process. It allows a team of business, design, technology and domain experts to move fast, stay apart from corporate mechanisms and make the best use of mother-corporate assets.
Failing fast to minimize risks
A core team builds prototypes to validate ideas in real world. If tests conclude an idea has positive response, the minimum version of the product, that can be used and monetized, is launched. In case the idea is proven not valid – it is abandoned immediately.
Key results
- Learning fast, much and at low cost
- Monetized products in less than 12 months
- Self-sufficient businesses within 24-36 months
Benefits
- New revenue streams or lowering operating costs
- Building competitive advantage through ideas, talent and technology
- Growing company value by expanding portfolio of businesses
Where do we fit in?
Setting strategic goals
Sharing industry expertise
Covering development costs
Sharing industry expertise
Covering development costs
Creates new revenue streams
Diversifies your portfolio
Creates opportunities to reduce costs
Diversifies your portfolio
Creates opportunities to reduce costs
Expertise in building digital products
Practice in managing R&D projects
Ability to build enterprises quickly
Practice in managing R&D projects
Ability to build enterprises quickly
Our process
We have a proven and "bulletproof" process that supports and challenges every team that works on a new product and business.
Proof of concept
Building the concept that is proven to have growth potential. Many ideas are prototyped and tested to make sure which direction is the right one.
Minimum Viable Product
Validating the riskiest assumptions via real life experiments and collecting data from the market. Confirming feasibility of the product.
Minimum Marketable Product
Running first monetization activities and collecting evidence that the product is well fitted to the market.
Minimum Desirable Product
Building organisation and processes that make the product perfectly matched and delivered to customers.
Scaling & Revenues
Building a sound and growing business that offers products desired by customers and makes investors delighted with revenue streams.
Our projects
Communicating fashion collections
Which process should be used to communicate new clothing collections? We created a process based on customer needs.
Space journey to health
Encouraging physical activity through the game by an app that combines mobile gaming with Health & Fitness.
Other services
Let’s do great things together
Drop us a line in a form below and we will contact you to discuss how we can best suit your needs
Jerzy Kurgan
Managing Director