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.
Before you go to market, you need to complete extensive customer discovery. Here is where to start.
Creating a simple business plan will help keep you and your team accountable and will prepare you to talk with investors.
When your product or service is ready to go, you need to identify a niche customer market and make them happy.
When you are ready to bring your product to market, insure you have the right resources and cash, to be a success.
Look for the easy wins every day in your business and put the points up on the scoreboard.
It is really hard to build a business through a sales team you don't directly control. Be cautious early on partner sales.
Most early startups are going to burn cash. We discuss how to manage this so you don't run out of money.
You need to position your business for a big break event, the one that will put you on the map. Here's how to get more fishing lines in the water.
It's tempting to think you can raise money on a great startup idea. It doesn't work that way for most founders.
You don't want to waste your time cold emailing just any VC about your business. Be targeted in your approach.
If you are working with institutional investors, you will need a data room. Here's how it works.
Here is a framework to approaching valuation for your early stage startup.
Too many founders are focused on what they are giving up, but startups only work if they grow so be generous first.