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.



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