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Share Your Startup – July 2021 – Upvote This For Maximum Visibility!

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Author: /u/AutoModerator
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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

    • Let people know where you are based for possible local networking with you and access to local resources
  • Elevator Pitch/Explainer Video
  • More details:

    • What life cycle stage is your startup at?
    • Your role?
  • 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?

    • Share how our community can get a discount

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

  • 1. 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
  • 2. 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
  • 3. 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
  • 4. 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
  • 5. 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
  • 6. 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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