Learning From Cuban and Corcoran

Based on what we learned in our last research regarding Mark Cuban and Barbara Corcoran, we intend to incorporate three important elements that they critically support into our business plan for Walking Wolf Productions, Corp.

First, we plan to make clear to investors that the idea of web series and motion pictures being distributed for free through an online platform is not only a great business given to its highly demanded products, but also because of its clear direction, successful future, and large margin of profitability. We plan to do this by establishing graphic statistics within the business plan that shows the amount of viewers watching shows and films over the internet and how it has grown during the last few years. This will allow investors to see the future of the business in the market and its prospective growth. Also, we plan to show this by presenting the investor along with the company’s business plan surveys of audiences relating to TV shows, films, and how they now watch them more over Hulu, Netflix, iTunes, or online platforms such as HBOGO.com, NBC.com, and ABCGO.com than in DVD’s or regular broadcast programming.

Second, we plan to attack all investor doubts and insecurities by overstating that our business is an Internet-based business. As a rule of thumb, given to the open market and the lack of boundaries that the internet provides, the majority of businesses that are currently based on the web are massively successful. However, the fact that we are intending to distribute the most visited forms of entertainment aside to games which currently exist on the market, will make us even more popular, profitable, and expandable.  We will be clear that we also intent in creating an app for Android and Apple which would also give access to mobile consumers and a port of entry for game consoles and devices with internet access so people can see our products anytime, anywhere. 

Third, based on Barbara’s Corcoran’s tips, we intend to build a prospective team of people that are suitable to make the business succeed and grow accordingly. We will mention in the plan we do not only aim to have a bunch of filmmakers and artistic individuals running the company, but a full administrative staff of coordinators, accountants, managers, and a lawyer that make sure the company runs to satisfy not only consumer needs, but the investor’s need of return on investment.

Overall, selections of our plan we consider to be the most important are the executive summary for its capacity to tell the entire business idea in the beginning, briefly, and to the point, forecast projections such as the target market and industry analysis sections for their ability to tell how well would the business behave in the real world, and the marketing plan, which lets investors know how and through which channels we intend to reach our target market. It is important for investors to know how we plan to succeed and survive the competition.