Blog Post 12

Conner Calzone, Roy Ndebvudzemene, Tiffany Pang

Refine the detailed income statement for your venture for two years (at six-month intervals) or a more appropriate time scale. Explicitly state the assumptions that underlie your financial model.

https://docs.google.com/spreadsheets/d/1UtqK6RgJZu4CY-PxDmE8mOEYOrnFLLXNnSJtWPgsFM8/edit?usp=sharing

 

Assumptions:

  • Sierra Leone and other developing countries may not have the ability to afford the device, so these costs will be taken up by the following partners, potential donors and organizations who have innovation fund programs that could fund our project for several years.
  • Our goal is to make an IMPACT, and national screening program for all newborns. It is not about making a profit. Therefore, profits from bulk sales are reinvested in the project and SCD relief efforts, such as patient support, education, penicillin therapies and into families. Profits from Direct Sales can also be reinvested to organizations like Sickle Cell Society and others
  • The venture will operate with economies of scale and we expect most sales to be from bulk pricing. Current estimations are unit prices of $4.50 for bulk pricing and $5.50 for direct consumer channels.
  • Our plan is to have the health care systems in Sierra Leone well equipped to use the test strip directly and advocate to diagnose 75% of newborns for SCT/SCD in the third year after introducing our device. By year 3, 330,000 units will be sold and distributed to hospitals in the country.

 

 

Refine the Business Model for your venture based on your revenue model. You may use the Osterwalder BMC to refine your business model but prepare one or more visuals that explain how your venture will work and accomplish your BHAG.

 

Business Model

 

Develop an M&E plan for your venture.

Distribution Strategy

    • Our Distribution Strategy consists of receiving grants from donors like WHO or UNICEF to fund our venture. Our device will be made in a manufacturing plant in China and will be shipped to our staff members in Sierra Leone. Then in Sierra Leone, the majority of the devices will be distributed to hospitals while some devices will be distributed to pharmacies. By introducing our device into Sierra Leonean hospitals, we can make a long-lasting impact by diagnosing for SCD early and using our profits to fund SCD relief efforts and treatments like penicillin prophylaxis. For Monitoring and Evaluation, our staff will collect data from hospitals in which our device is in their standard operating procedures. This would be after the hospital staff are trained by our training expert. Then, our project manager will record data like the number of SCD babies born in each hospital, the total births at each hospital and the SCT allele frequency in babies born.
  • Clearly list all assumptions

 

  • We are planning to launch our product in Sierra Leone in Summer 2023. By cross-referencing a population density map and a map of all the public hospitals in Sierra Leone, we have constructed an ordered list of hospitals where we will introduce our device. One year after launch, we expect to be implemented in 10 densely populated hospitals encompassing many areas of the country. Two years after launch, we expect to be in 25 hospitals, and three years after launch, we expect to be in at least 50 hospitals diagnosing 75% of the newborns.
  • To fund our venture, we will need $1.25 million over the next 5 years. Donor Spending on Child Mortality in Sierra Leone will total to $75 million over the next five years. Our venture can eliminate 4% of child mortality in Sierra Leone, so it is well worth the investment from donors.
  • Our staff includes: hiring a project manager, relationship manager, and training expert. Managers will have access to transportation, internet, and networking budgets. Additionally, we will use an advertising budget to raise awareness of the severity of SCD as well as the newborn testing options available. The venture will operate with economies of scale and we expect most sales to be from bulk pricing. Current estimations are unit prices of $4.50 for bulk pricing and $5.50 for direct consumer channels.
  • The newly born infants in Sierra Leone are our target users, yet we plan to sell the devices in bulk to donors such as WHO or UNICEF, who will help distribute them to the public hospitals. Additionally, we have accounted for some direct sales to pharmacies in our sales projections.

 

  • Identify short-term and long-term success metrics.

 

Short-term: We are planning to launch our product in Sierra Leone by the Summer of 2023. The newly born infants in Sierra Leone are our target users, yet we plan to sell the devices in bulk to WHO or UNICEF, who will help distribute them to the public hospitals we prioritize. Our plan is to successfully screen about 75% of newborns in Sierra Leone for SCT/SCD after three years of introducing our device.

Long-term: 5 years from now, our metric for success is the venture being sustainable and autonomous from our input. The operations of the project are to be absorbed into the Sierra Leone Ministry of Health which will continue screening for SCD/SCT in infants. Then from our launch, our goal of about 90% of newborns being diagnosed will be reached.

 

  • Identify specific methods to measure any metrics.

 

  • Our profits from direct sales could be reinvested into organizations such as Sickle Society and education efforts while profits from bulk sales would be reinvested into the project and penicillin prophylaxis treatments, which costs $184 per each saved year of life for SCD patients.
  • Five years from launch, the venture will be sustainable and autonomous from our input as we will shift our focus to look at the intellectual side: strategic gaps, false positives/negatives. The project will be absorbed into the Sierra Leone Ministry of Health which will continue screening for SCD/SCT for newborns because they have the authority and funds to sustain our venture.

 

4,790 thoughts on “Blog Post 12

  1. Hi there, just became aware of your blog through Google, and found that it is really informative. I¡¦m gonna watch out for brussels. I¡¦ll appreciate if you continue this in future. A lot of people will be benefited from your writing. Cheers! https://csbolatop.com/

  2. Hello! I merely would choose to give you a huge thumbs up with the great info you’ve got here during this post. I am coming back to your blog post for much more soon. link gacor

  3. Aw, this became an extremely nice post. In concept I have to devote writing like that additionally – taking time and actual effort to generate a great article… but so what can I say… I procrastinate alot through no indicates often go completed. 奈良エステ

  4. Can I say thats a relief to discover a person that actually knows what theyre discussing on the web. You definitely have learned to bring a problem to light and earn it important. More and more people need to look at this and appreciate this side of the story. I cant believe youre less common as you definitely contain the gift. buat website company profile murah

  5. I would not pretend to realize precisely why, however I personally could not hope to truly uncover what I was ready after. I had been perplexed and this very article cut through the common solutions that only demonstrate deficiency of content. Thank you a lot. hrt los angeles

  6. After study a handful of the blog articles in your website now, we genuinely much like your means of blogging. I bookmarked it to my bookmark site list and are checking back soon. Pls check out my web site at the same time and figure out if you agree. menopause treatment los angeles

  7. This web-site is actually a walk-through like the data it suited you about it and didn’t know who to question. Glimpse here, and you’ll absolutely discover it. padra medical cente

  8. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks diamond chain

  9. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks funny videos

  10. Have you ever thought about publishing an e-book or guest authoring on other websites? I have a blog based on the same subjects you discuss and would really like to have you share some stories/information. I know my viewers would value your work. If you are even remotely interested, feel free to shoot me an e mail. kod na 1000 v dolców za darmo

  11. Hello! I could have sworn I’ve been to this website before, but after browsing some of the post, I realized that it is new for me. In any event, I am certainly glad that I found it and I’ll be book-marking and checking back frequently! قیمت سیم و کابل برق

  12. This is really stimulating, You’re a significantly expert article author. I have signed up with your feed and furthermore , will enjoy enjoying your personal marvelous write-ups. And additionally, I’ve shared your web blog throughout our internet sites. دانلود فیلم 2025 بدون سانسور

  13. It’s appropriate time to make some plans for the future and it is time to be happy. I have read this post and if I could I want to suggest you some interesting things or suggestions. Maybe you can write next articles referring to this article. I desire to read more things about it! دارالترجمه ترکی استانبولی

  14. PP6.com: Plataforma de apostas licenciada no Brasil! Bônus exclusivo, pagamento em 3min e jogos ao vivo. Baixe o APP e ganhe agora! pp6

  15. Apostas Online Seguras na KK7! Melhores Odds, Bônus Exclusivos e Suporte 24h. Jogue em Esportes, Cassino e Mais. Cadastro Rápido e Pagamento Instantâneo! Kk7

  16. PP6.com: Plataforma de apostas licenciada no Brasil! Bônus exclusivo, pagamento em 3min e jogos ao vivo. Baixe o APP e ganhe agora! pp6

  17. Apostas Online Seguras na KK7! Melhores Odds, Bônus Exclusivos e Suporte 24h. Jogue em Esportes, Cassino e Mais. Cadastro Rápido e Pagamento Instantâneo! Kk7

  18. Wow! Such an amazing and helpful post this is. I really really love it. It’s so good and so awesome. I am just amazed. I hope that you continue to do your work like this in the future also 包養

  19. Wow! Such an amazing and helpful post this is. I really really love it. It’s so good and so awesome. I am just amazed. I hope that you continue to do your work like this in the future also 有道翻译下载

  20. Wow! Such an amazing and helpful post this is. I really really love it. It’s so good and so awesome. I am just amazed. I hope that you continue to do your work like this in the future also 有道

  21. You make so many great points here that I read your article a couple of times. Your views are in accordance with my own for the most part. This is great content for your readers. deepl翻译

  22. An interesting discussion is definitely worth comment. I do believe that
    you ought to write more about this subject, it might not be a taboo matter but typically people do
    not speak about these topics. To the next!
    Kind regards!!

    Here is my blog post 토토사이트 토토프레임
    [board.peopleandad.com]

  23. I truly delighted in perusing this post, huge fan. Keep doing awesome me when would you be able to distribute more articles or where would I be able to peruse more on the subject? OK9

  24. You have a decent point here!I absolutely concur with what you have said!!Thanks for sharing your views…hope more individuals will read this article!!! OK9COM

  25. You there, this is really good post here. Thanks for taking the time to post such valuable information. Quality content is what always gets the visitors coming 包養

  26. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks Wi-Fi 7

  27. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks med spa Coeur d’Alene

  28. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks pdo threading near me

  29. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks kevin murphy store locator

  30. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks floor cleaning products for businesses

  31. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks storage unit santa maria

  32. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!Thanks Vintage Clothing

  33. I high appreciate this post. It’s hard to find the good from the bad sometimes, but I think you’ve nailed it! would you mind updating your blog with more information? bondan69

  34. You make so many great points here that I read your article a couple of times. Your views are in accordance with my own for the most part. This is great content for your readers. سكس مترجم

Leave a Reply

Your email address will not be published. Required fields are marked *