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Launching your startups - Coggle Diagram
Launching your startups
Lean startup
Customer discovery
Identify and engage with potential customers to gain insights into their problems, needs, and preferences.
Form hypotheses about the target market and gather data to validate or invalidate those assumptions.
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Customer validation
Achieve product-market fit => Find a compelling solution that satisfies a significant customer demand.
Focus on acquiring early adopters who are enthusiastic about your solution => Gain valuable feedback
Struggle to find passionate early adopters => Revisit customer discovery process to identify a more viable target market.
Customer Creation
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Establish efficient and scalable processes (sales, marketing, customer support) for acquiring and retaining customers
Company building
Involve scaling operations, optimizing processes, and creating a solid foundation for growth.
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The pivot
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Involve further testing, prototyping, and refining the product based on customer feedback
View failures as valuable learning experiences that contribute to the growth and improvement of your startup
The leap
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Categorizing risks: known issues, known risks, and hazards. Develop strategies to mitigate each type of risk effectively
Develop plans to address known issues, reduce uncertainty for known risks, and create contingency plans for hazards.