Your dream to build a startup began with an idea. But how great is your idea? So, your first mission as a founder is to assess the POTENTIAL of your idea. Let’s do it in three steps: venture type, problem relevancy and market size.
The next step is to define how you’ll turn your solution idea into a successful business. In this section you’ll know how to build you’re business model hypothesis.
Without cash your startup is dead. That’s why you need to wisely manage your cash flow. In this section, I’ll show you how to build your cash flow forecast and how to read your cash metrics.
So far, you’ve worked on designing your solution and your business model. But, your all of your work is still based on your assumptions about what will happen. Now, it’s time to test your assumptions in the market.
© The Traction Stage 2020