Starting a StartUp
This Business 2.0 series of articles provides a step by step guide to starting a startup, stating:
"Got a great idea? There's never been a better time to turn it into a great company. Here's a...guide to help you do it right...
Phase one: Establish a company
In order to get started you’ve got to test your idea, build a founding team, get a business plan together and pick a company name that will take you to the top...
Phase two: Prototype the product
Finally the rubber meets the road, as you stake out your intellectual property and assemble the demo that will help you sell your idea...
Phase three: Develop the beta product
Now is the time to start installing your staff -- hire the best you can afford. They’ll help you perfect your company's product and begin the beta testing process...
Phase four: Launch the product
Now that the testing is done and the product has been refined, you need to find paying customers. So stop fiddling and start selling!...
Searching for angel investors
Here is what every aspiring business-owner should look for in early-stage backers. Remember, it's not just money you want; you also want brainpower, connections, and experience...
What a VC wants to see in you
You too can woo even the fussiest venture capitalists. Be sure you’re pitching to the right partner -- and expect them to present you with a deal sheet that has some tough terms..."
NOTE: Not everyone agrees with the advice gleaned from this article, as pointed out in the comments to the original version of this post. For a contrary view and interesting commentary, see this post from Signal vs. Noise.
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