STARTUP:6 Steps on HOW TO START A STARTUP
TO START A
STARTUP
IDEATION
01
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
02
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 )
03
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
04
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
05
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
06
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..