How a business is born, grows and scales
Process map by forks.world community. 19 steps, 2 layers. Tags: business, startups, finance.
- Founders: Spot a problem worth solving
- Founders: Does enough of the market care?
- Lawyers and accountants: Set up the company and protect the idea
- Founders: Protect what is new
- Founders: Build the first version and find the first customers
- Customers and the market: Do customers keep using and paying?
- Investors and lenders: Fund the growth: savings, loans or venture capital
- The team: Hire the first team
- The running business: Run the day-to-day: sell, deliver, serve, bill, repeat
- The running business: Sell more with a repeatable subscription engine
- Founders: Is the business ready to scale?
- Investors and lenders: Raise a bigger round or go public
- Founders: Steer the whole company: plan, fund, report
- Founders: Keep building it, and add your own steps here