All posts tagged: Lifecycle

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Lifecycle of a Startup

Every startup has to go through a process that takes them through the creative outpouring that accompanies the new idea. Structuring this influx, this waterfall of enthusiasm and drive is crucial to stay on track, focused on the next milestone in order to achieve your success! Concept A fantastic idea has been developed that will accomplish X, Y, Z. But at this stage, the focus is on the idea, conception and inspiration rather than facts and research. Determining if there is a market for the product or service is the next logical step for an organization, along with electing how the offered solution will increase revenue or reduce any costs for the consumer. Seed Here is where the product development is finalized and the preparations for market introduction begin. Gathering an increased amount of feedback from testing assists in perfecting the product abilities. This is the optimal time to focus…

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4 years, 7 months ago