Entrepreneurial Road Map to Success

To create a successful venture it is extremely important to follow certain steps of the entrepreneurial road map.

To create a successful venture it is extremely important to follow certain steps of the entrepreneurial road map. Skipping a step could lead to the overall failure of your idea or make it extremely hard to succeed.

Although this is not an all inclusive list, this road map to success will give you an idea of where to begin. More details about each of the steps can be found at uvu.edu/entrepreneurship or you can meet with an entrepreneurship coach to help walk you through your own entrepreneurial journey.

Utah Valley University Entrepreneurial Road Map to Success

Idea & Problem

Begin with a creative solution to a problem. Submit your idea to the Big Ideas $100 Challenge.

Validation

Modify and build upon your idea. Meet with a mentor and conduct research.

Business Model

What would your idea look like in the real world? Participate in Opportunity Quest or other competitions to get feedback.

Product Development

Time to bring your idea to life. What resources will you need to build or organize your idea?

Launch

After all the testing, it's time to hit the ground running. Find the best ways to sell to your customers.

Accelerate

Grow your business. Get involved with social media, see how you can improve, get incubator space.

Funding

UVU has several seed funding opportunities for entrepreneurs, including the Wolverine Fund and competitions such as the GSEA.