|#teensharks #startupreadiness checker|
|#teensharks #startup IdeaStrength checker.|
|#teensharks nine step process for startup|
A startup process takes nine steps. Whether you are a silicon valley high tech or a local restaurant.
Step 1: Ideation and conception.
Step 2: Build a minimal viable model to prove it can be made, even if not at commercial scale.
Step 3: Obtain seed funding and go into business.
Step 4: Validate that sales can happen.
Step 5: Raise funding to facilitate growth. Don't just "boot strap" it because it is too slow and can not guarantee barrier.
Step 6: Prove that the concept can enter market.
Step 7: Obtain profitable operation that is continuous.
Step 8: Build barrier of entry fast.
Step 9: Scale up the operations and grow.