We have written a software in three months. Need advice for next.
We’ve developed a good software and are almost basically read to launch within a week. The process seemed so fast and there wasn’t much planning involved. I want to do planning and all the other work that is required pre-launch. What are some of these tasks?
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choice
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Bold is do the right thing that no one agrees and hard. Stupid is to do the wrong things that a few agrees and impossible.
business plan
business plan
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business plan
business plan and exit
The plan to reach the exit, including unknown uncertainties that will surely happen.
business model
business model
How to turn an interest into a money maker. How to attract people, how to stimulate people to pay, how to make profit, how to make relations, how to keep relations.
value proposition
value proposition
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passion
passion
You may like your dream, but if you have to suffer tremendous set backs to realize your dream, would you give up?
investment
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VC or investor check. Include standard items 1. Did you quit your job; 2. Did your cofounder quit his job; 3. is your sales validated.
traction
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When you finally connect what you love to do to what a lot of people love to buy. When you can focus all you want and still have unlimited work and fun.
founder
founder and CEO
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chance
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After you have a sale or a market hit, you ran into all kinds of accidental discoveries that you never knew exist.
sales
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Marketing makes the first sale happen. The sales department work on the rest.
value
Largesse
A general or CEO or founder who is tolerant and generous. Someone who recognizes own mistakes. Someone with big heart for hiring people better than him.
brand
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Brand means name recognition. A lot of people knows what your company does and what you stand for. Brand is result of long campaign of consistent value provision and media cultivation. Brand helps a company reduce marketing cost.
validation
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Marketing
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invention
Widgety MVP
A "MVP" wanna-be that is still at the widget stage. Lacking ability to demonstrate effects, only projected effects.
lean
MVB
Minimally viable business, or MVC, minimally viable company. A company that scrapes by, full of guess and hope and no traction and sales. When you give your customers things for free they all take it. But they never pay and you can never rent a table at the market.
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MVP
Minimal viable product. A full artifact of a real product. Something that works ALL THE TIME. You can demonstrate the real effect on real people - not to sell hope. The MVP may not have certain non-essential bells and whistles, but it needs to have appeal value.
value
Customer is king
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cash
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A company needs to have daily activities to keep employees busy and engaged. Otherwise the good ones will leave.
mission
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Company culture is based on a company making money. Once your workers are paid, they need to have a mission and aspiration so they are not bored everyday and make trouble in the work place.
focus
Take a stand
Tell people what you stand for, clearly and loudly, and those who like you will come to your stand. Others will walk by and shake their heads.
bold
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Veterans do things their way, because they know all the naysayers are just beginners and by-standers.
focus
Onlyness
When you find a full universe within a grain of sand, a life time of work to do by focusing on one thing. There is enough people behind you to support your living and cause.
success
Fame
People's reaction when they know you have done something they could never do And they know this is not accident because you have done it a number of times.
investment
Company valuation
A company valuation is cash investment divided by the percentage. As long as your story is good, the valuation will keep coming, and the investors will keeping falling into the line.
investment
Return on investment
Investors are either behind family fortune (never work with them) or for rich clients as investment vehicle. Both need returns 2-3 times better than stock market darlings.
solepreneur
solopreneur
Someone wanting to build a lean startup by projecting, offering, and test.
traction
traction
Having found what people want, not just what people may need. Your offering and their acceptance is sure, no longer a guess. You can provide it for profit, and you can indeed making living on it. Traction is sometimes called validation. You are no longer a theater. You have touched nature, and found cash vein.
mission
mission
Things to make sure the founder will not fall into despair, boredom or get distracted during the long execution even in face of repeated setbacks.
disruption
Game changer
A new value provision that causes supply chain to move and customers getting more value for the same price.
mission
Mission
Mission is how to beat loneliness during startup, mission is why your employees get up in the morning.