How to Build a Startup

Rick Gregg September 12,2024 What do you think?

Source: Udacity

Startups are not simply smaller versions of large companies. Companies execute business models where customers, their problems, and necessary product features are all “knowns”. In sharp contrast, startups operate in “search” mode, seeking a repeatable and profitable business model. The search for a business model requires dramatically different rules, roadmaps, skill sets, and tools in order to minimize risk and optimize chances for success.

Startup success is not a consequence of good genes or being in the right place at the right time. Startup success can be attained by following the right process which means rejecting the traditional business plan and embracing the methods taught by Eric Rees in his seminal book entitled, The Lean Startup, combined with Steve Blanks prime directive on Customer Discovery and Validation entitled The Startup Owners Manual. You can read both of these books for FREE by clicking on their respective titles.

Take the How to Build a Startup Course for FREE

Want to learn what it takes to build a successful startup using the Customer Development process, where entrepreneurs “get out of the building” to gather and iterate on feedback? This FREE Udacity Course entitled How to Build a Startup by Steve Blank and Kathleen Mullaney teaches both the Lean Startup; and Customer Discovery and Validation. I highly recommend before developing your business model canvas.

The saasmvp Project is dedicated to helping SaaS Entrepreneurs who want to create a repeatable SaaS business model and Minimum Viable Product (MVP) that generates revenue with minimal financial risk. We’re excited to help you discover your ideal SaaS customer profile and can’t wait to see what you build! Let me know what you think.