Various Levels of Building a Startup
1. Questioning Phase​- The first step is the questioning phase for instance, why is sending money to my family abroad so darn expensive. 2. Plan​- If you are involved in a corporate world, you are already aware of its complexities. After some pondering and discussions with friends, you perceive an idea.
3. Test- Your friends fancy it, but there’s just one way of knowing its potential- giving it a go in the market. 4. Team- You can’t go solo in this space, you need at least 1 person to focus on customers and testing the market, and another one to pay attention to the product’s development. 5. Risk- You must be well aware by now about the elements of risk in the market, and you should be prepared for them, be gutsy when you’re starting a business from scratch. 6. Funds- It must be pretty clear for you by now that you need capital, but you don’t need to worry about the salary scale as there are only 2-3 people involved right now. By now you can start eyeing potential invest in new startups in your business. 7. A Guardian Angel- Now you need a mainstay like Startup Paisa to take you to places you’ve never seen before in the business world. 8. Will it Blow? Since Startup Paisa has solved your initial worries, now is the time to try your hands in the market. Pay attention to your customer’s response to know if your business is a viable option or not 9. The Real Battle Begins- If you have survived till now, you can sit back and assess your business for the next 2-3 years, make improvements, increase your horizon and focus on business growth.