STARTUP: 6 Steps on HOW TO START A STARTUP TO START A STARTUP

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IDEATION

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FEASIBILITY ANALYSIS

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MVP ( MINIMUM VIABLE PRODUCT )

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PILOT RUN

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TEAM BUILDING

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PROFITABLE AND SCALABLE BUSINESS MODEL

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STARTUP: 6 Steps on HOW TO START A STARTUP TO START A STARTUP

IDEATION

You create an idea. Now to create an idea the most important thing is problem solving. Find a problem of your own and see if this problem is faced by many people.

FEASIBILITY ANALYSIS

You have to perform some feasibility checks in your startup. Feasibility will let you know that what is the probability of sustaining the startup.

MVP ( MINIMUM VIABLE PRODUCT )

This is your key to wealth. MVP is your first product, in initial phase, on the basis of which you can acquire few customers and make talk with investors .

PILOT RUN

Firstly you perform the pilot run. You will come to know many things with pilot run. First thing that you will come to know is whether your idea is actually executable or not?

TEAM BUILDING

This is core, this is the most important one tell where your business will head towards. And it is very important to keep many things in mind while hiring these team members.

PROFITABLE AND SCALABLE BUSINESS MODEL

This is where the game changes, it is very important. In business, profit as well as scalability is important, if you are having a start up..