First you come up with a good idea. Then you think about different variations on that idea. Come up with a simple prototype. Then you talk to customers and experts about your idea and seek validation. Repeat until you know you have a winner. Then you build a minimal viable product, beta test and launch. Scale the company and make it big. At some point in the process you’ll need to get funding and workout the legal details.
“In order to use a map to get to your destination, you first need to understand where you are on the map.
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Destination 1: Idea and Problem Destination 2: Validation
Destination 3: Product Development
Destination 4: Business Model Destination 5: Legal
Destination 7: Accelerate Destination 8: Funding Destination 9: Success
Based on Furr, Nathan, and Paul Ahlstrom. Nail it Then Scale it: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation. [S.l.: NISI Institute], 2011.
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