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Posted by Thea Venus on April 17, 2024 at 10:24pm 0 Comments 0 Likes
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1. Problem Identification
If you have no idea of what kind of startup you should make, then you can start by observing your surroundings. Is there any problem that needs solving? Can it be solved with technology? Will people want to use your product or service once it is launched?
The problem that you decide to work on should be a problem for a lot of people, and a problem that is serious as well as happens often. You also have to understand clearly the potential customers for the problem so that the startup that you make can have a good general idea about where to advance.
2. Ideation
Once you have settled on a problem to work on, it is time to list down possible ways to solve it. This is the ideation process, where you refine the possible solutions to the problem that you are dealing with or trying to solve with your startup. During this process, a lot of brainstorming is required. You also have to get the insights of people who are more experienced and knowledgeable than you so that you can be sure that the decision you make regarding the solution to the problem is right as well as feasible for your startup business. You can't just come up with any solution the way you solve a problem should provide clear results that are tangible proven by data and other supporting parameters. Of course, this takes a lot of trial and error process as well as refining, so take your time and be patient with it.
3. Work With a Team
Working on a startup on your own is nearly impossible. You have to work with people who are skilled in their respective fields to help you out in the departments that are critical for the startup. It is best to start small but make sure that you find capable individuals that you can rely on. The team that you work with needs to be proactive and as passionate as you are in working on the startup so that it can be successful.
4. Understand Your Customer
Gather data regarding your potential customers and sum up a customer persona that can represent the ideal customer of your product or business. The creation of a customer persona is important in helping you validate customer identity so that you can make the right approach to your customers especially in terms of marketing.
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