Begin here to understand your idea and the motivation behind it. You may be a long way toward forming your business, but this step will save you time and effort in the long run.
Spend time thinking about and taking small but meaningful steps to better understand your idea. Validation is about refining the idea looking for data to support it or data that says to consider a different direction.
Building means creating early versions of your product, service and business model. This is not your actual business and the effort is about speed and learning quickly before you invest more time, effort and money.
You have converged on a business model, and it's time to work through necessary steps which will set your business up for success helping you avoid mistakes.
You are ready to go live and have an official launch! These next steps build on all your work so far but also set the foundation for the coming months.
Once you’ve been in operations for a few months you’ll have new insights, opportunities and challenges. You need to quickly adapt and adjust to make it through year one. Creating smooth operations is critical!
After a full year running your business, you need to operationalize many tasks and duties that are repeated. Looking ahead into year 2 and beyond, everything you’ve done so far builds a solid found to move forward!