A couple weeks ago I stumbled across this article. I meant to share it but had not remembered it until now. Its an extremely simplified method of breakdown of the insights necessary to survive as a start up. Starting with capital, the article mentions themes and concerns that are imperative to address and goes on to give a small description
It begins by acknowledging the fundamental need for funding. Then goes into ramp time, overhead and maintenance, and then goes into business model and structure. Fully understanding your revenue streams is key to success. Just because a business model worked for one company doesn't mean it will work for all of them. The article then goes on to explain idea testing phases, idea evolution phases, and building your network.
This article is very basic. It hasn't delivered information to us that is new but its a fast simple way to visualize all the necessary actions to launching a start up and mitigating risks up front, and exposes you to the variety of concerns to address when launching a start up.
The Risk-Averse Entrepreneurs Guide To Start-Up Success
Nate
No comments:
Post a Comment