FY2024 ラジオビジネス英語Lesson（６）

Theme

理解度を試される。

Harish's lecture to Yuna continues. Harish is testing Yuna's understanding of business model screening. 

Listening point

What aspects should be considered in assessing the team?

The team's ability to execute the business plan.

Business scene

So, moving on to the next unit, screening.
What do you think is important, when evaluating business models of startups?

When it comes to their business models, they're far from generic, so careful analysis into their viability and growth potential is essential.

Exactly, they're not run-of-the-mill ideas.
What aspects do you think we should consider when accessing the team?

Team assessment.
Well, the team's ability to execute the business plan?

A great response.
Why do you think early traction is crucial?

Early what?

Early traction
Oh, by traction, I mean how a new product or service gains popularity and expands its customer base. 

I understand, now.
It's important because early traction sets the stage for business growth.

Words and phrases

when it comes to …: …ついては。
generic: 一般的な。
viability: 実行可能性。
run-of-the-mill: あまり特別感がない。
assess: 評価する。査定する。
execute: 実行する。
traction: 牽引力。初期の実績。
set this stage for …: …の基盤を築く。

Business phrase of the day

Early traction sets the stage for business growth.
早い段階での実績はビジネスの成長基盤を築きます。

政府の新しい経済政策は雇用を生み出すことの基盤を整えることを目指しています。
The government's new economic policies aim to set the stage for job creation. 

チーム内の効果的なコミュニケーションは生産性の高い職場環境の土台となります。
Effective communication within a team sets the stage for a productive work environment.

Alternative expressions

set the stage forの違う表現。

Initial momentum paves the way for business expansion.
Early progress shapes the development of business.

Upgrade your communication skills

テーマ：答えを考えるために時間稼ぎをする。

Assessing the team.
Well, it's important for the team to share the vision and strategy.

Aspects to consider.
Well, I believe it's important to have at least one person who is knowledgeable in finance.

That's an important question.
Well, I think the key is whether they have an extensive network within the country's business community.