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:
Our goal is to reduce the maternal mortality rate in Sierra Leone by 5%.
In the short term, we hope to accomplish this by disseminating educational videos about maternal health to health professionals, clinics, midwifery/surgical schools, NGOs, and women. As a result, we are looking for women to be more educated about what healthcare resources are available to them in clinics and use them and also to increase the yield for midwifery/surgical schools.
In the long term, we hope to accomplish this goal by creating a full-length documentary for Western audiences that depicts what steps Sierra Leone has been and is taking to reduce the maternal mortality rate. As a result, we hope to have audience members desire to take action by donating funds to clinics and midwifery/surgical schools. In addition, we hope to make a lasting impact by changing the existing mindset around what healthcare looks like in Africa to one that is accurate and positive.
Revenue Model // Income Statement
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.