That's it. That's the whole experiment.

I'll give you two examples.

The troll market! The troll market?

And competitors, there's many if you're wrong but very few if you're right, and your risk is that you get the market and product redefinition just wrong.

You want to identify who your customers and markets are, and you have, but you now want to size the market,

We launched the breast cancer three days with an initial investment of 350,000 dollars in risk capital.

And, indeed, that caravan is moving on.

What can we do about this? The government has proven ineffective.

So in summary, the questions you want to ask are how big can this be, how much of it can we get, what's the growth rate of the market, is the market itself declining or is it in flux or is it taking off? and most importantly here is talk to customers and the sales channel, and next important is you can get some pretty good market size estimates by competitive approximation if it's an existing or resegmented market, or even if we're going to clone a market outside the US.

And so, that information is so crucial, because they are able to also send money back that's feeding these markets, and telling their families about the outside world.

Maybe if I do it on a small amount,

Slave market?

In Ethiopia, for example, the variation in maize prices from year to year is as much as 50 percent annually.

lifecycle adoption curve popularized by Geoff Moore in a book called Crossing the Chasm.

I will go to the market.

In this market?

The stock market is often called a dangerous one.

Another is where you take a segment or re segment an existing market.

It turns out that the type of market changes everything.

They're places for people.

Now what does that result in their valuation, or in terms of their market cap?

If you're doing a clone market that is copying a US business model in a foreign country, that probably is the second closest to immediate profitability because you know the market exist that you just need to implement it in your local country.

By the way, what market type are you in?

The differed risk!

Two years ago, three years ago, about four years ago, markets did well.

That gives us 120,000 market cap

Philanthropy is the market for love.

Black Market.

Maybe I know a whole new market.

That one? Is that one the best?

One of the things I just want to reemphasize because we mentioned it earlier is the difference between single sided markets and multi sided markets.

And now, for every two men who get a college degree, three women will do the same.

Currency and bond markets are relatively calm.

So when they took a look at this day one canvas, the teaching team first said

So, in a nutshell, what we had in traditional Africa was a free market system.

In fact, when you go back to the beginning, there were no private investors who would be willing to take a risk on building a new technology for a market class that made under a dollar a day, that were known to be some of the most risk averse people on the planet and that were working in one of the riskiest sectors, agriculture.

Customers can name the market. Customers want or need better performance.

Like its agriculture,

And all of that's great, and it's fine.

Let's say in one part of town, there's some type of a market.

And I'll do a bunch of videos on margins in the future.

They say, that is unbelievably expensive.

The mayor's having a fundraiser.

An Orion slave market.

It's a bit technical.