We have curated content to help founders achieve their best results.
Starting a business is not for everyone. To succeed you need to have the right mindset and a deep passion to solve a problem. You will also need the financial resources to get your business out of the starting block, and you'll have to be ready to grind.
What is the problem you are solving? Why are you uniquely qualified to solve it? Do you have a solution that is differentiated enough to compete? Can your solution be scaled? These are all questions to ask yourself before diving into the deep end.
Let's review the basics on getting a business open from documents to registration to licensing. You will need a bank account and basic financial reporting. You will need contracts for employees and customers, and you'll want a place to work in an office or remotely.
You are now ready to go, this is where the fun and challenges start. You want to do extensive customer discovery and then prepare a business plan. You need to get a product to market and acquire customers. You will also need funding for the launch.
Have you built a product that people love and will actually pay for? If not, you probably don't have Product Market Fit yet. We review what it takes to hit this milestone and how to find your way there.
Now you need to get your unit economics and customer acquisition costs buttoned up, then bring on capital to power the business to scale.