Share Your Startup – April 2022

^{r/startups wants to hear what you’re working on!}

Tell us about your startup in a comment within this submission. Follow this template:

• Startup Name / URL

• Location of Your Headquarters

• Elevator Pitch/Explainer Video

• More details:

• What goals are you trying to reach this month?

  • How could r/startups help?

  • Do NOT solicit funds publicly–this may be illegal for you to do so

• Discount for r/startup subscribers?

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Startup Life Cycle Stages (Max Marmer life cycle model for startups as used by Startup Genome and Kauffman Foundation)

Discovery

• Researching the market, the competitors, and the potential users

• Designing the first iteration of the user experience

• Working towards problem/solution fit (Market Validation)

• Building MVP

Validation

• Achieved problem/solution fit (Market Validation)

• MVP launched

• Conducting Product Validation

• Revising/refining user experience based on results of Product Validation tests

• Refining Product through new Versions (Ver.1+)

• Working towards product/market fit

Efficiency

• Achieved product/market fit

• Preparing to begin scaling process

• Optimizing the user experience to handle aggressive user growth at scale

• Optimizing the performance of the product to handle aggressive user growth at scale

• Optimizing the operational workflows and systems in preparation of scaling

• Conducting validation tests of scaling strategies

Scaling

• Achieved validation of scaling strategies

• Achieved an acceptable level of optimization of the operational systems

• Actively pushing forward with aggressive growth

• Conducting validation tests to achieve a repeatable sales process at scale

Profit Maximization

• Successfully scaled the business and can now be considered an established company

• Expanding production and operations in order to increase revenue

• Optimizing systems to maximize profits

Renewal

• Has achieved near peak profits

• Has achieved near peak optimization of systems

• Actively seeking to reinvent the company and core products to stay innovative

• Actively seeking to acquire other companies and technologies to expand market share and relevancy

• Actively exploring horizontal and vertical expansion to increase prevent the decline of the company

^{If you are running a traditional business that is not designed to scale rapidly, feel free to reference a traditional business life cycle model and share what traditional business life cycle stage you are at.}