This prompt guides you through a structured process to identify and analyze critical assumptions underlying your business plan.  The output will be a comprehensive assumption map, categorized by risk level. </p>
<p>**Phase 1: Brainstorming (Assumptions)**</p>
<p>Instruction: List ALL assumptions you&#8217;ve made about your business, market, customers, operations, and technology. Be thorough; include both obvious and subtle assumptions.  Aim for at least 20 assumptions.</p>
<p>Example:<br />
* Assumption 1: Our target audience will readily adopt our new technology.<br />
* Assumption 2: Our competitors won&#8217;t significantly change their pricing strategies.<br />
* Assumption 3: Our marketing campaign will achieve a 10% conversion rate.</p>
<p>**Phase 2: Impact Assessment (Risk)**</p>
<p>Instruction: For each assumption, assess its potential impact on your business if proven false. Rate the impact on a scale of 1-5 (1=negligible, 5=catastrophic).  Justify your rating briefly.</p>
<p>Example:<br />
* Assumption 1 (Impact: 4): If our target audience doesn&#8217;t adopt the technology, it would severely impact revenue and potentially lead to business failure.</p>
<p>**Phase 3: Validation Strategy (Mitigation)**</p>
<p>Instruction: For each assumption, outline a strategy to validate or invalidate it.  This should involve concrete actions, data collection methods, and measurable success criteria.</p>
<p>Example:<br />
* Assumption 1 (Validation): Conduct customer surveys, beta testing, and A/B testing of marketing materials to gauge adoption rates.</p>
<p>**Phase 4: Prioritization (Action Plan)**</p>
<p>Instruction: Prioritize assumptions based on their impact score and the feasibility of validating them.  Create an action plan detailing which assumptions to address first and assign deadlines.</p>
<p>Example:<br />
* Prioritize assumptions with impact scores of 4 or 5, focusing on those easiest to validate first.  Address the top 3 assumptions within the next month.</p>
<p>**Output Format:** A table with columns for Assumption, Impact Score (1-5), Justification, Validation Strategy, and Priority (High/Medium/Low).