Entrepreneurship begins with an idea. Perhaps you’ve seen an unsatisfied market need or you’ve thought you could improve something that already exists. We take a look at how this initial idea turns into your startup.
How are you going to turn your idea into a real product or service? It starts with the planning and organization because those will be fundamental in the future in order to know which stage of the project you’re in and which are the next steps you need to take.
You’ve got your first challenge- to test out your product or service. This is one of the most essential stages because it will help you to see what you need to improve and what the public wants. Your great idea might need just a few tweaks or you might need to do a complete 180!
There are many ways to get funding for your startup but it won’t be easy. This is one of the hardest stages; there are lots of options for financing from crowdfunding to looking for a business angel. Let’s take a look.
In this stage we’ll see the importance of creating a good team to work with, one that is multi-skilled and committed because entrepreneurship is much better when it’s done in good company!
It’s time to communicate all of that hard work that’s gone into your product or service. Offer it to the world and explain why it’s so interesting and useful. Don’t underestimate this stage because a good product with poor communication could end up in the bin.
The time has come. The initial idea that we saw in the first step of our entrepreneurship road has become a reality. Enjoy this moment but remember, the work has just begun.