Entrepreneurship Roadmap
Phase 1: Idea Generation & Validation
- Identifying Market Gaps – Customer pain points, industry trends.
- Lean Startup Methodology – MVP (Minimum Viable Product), prototyping.
- Market Research & Feasibility Study – Competitive analysis, SWOT analysis.
Phase 2: Business Planning & Fundraising
- Business Model Development – Value proposition, revenue streams.
- Financial Planning – Budgeting, forecasting, break-even analysis.
- Funding Sources – Bootstrapping, venture capital, crowdfunding.
Phase 3: Business Operations & Growth
- Product Development & Scaling – Agile methodologies, iterative improvements.
- Sales & Marketing Strategies – Go-to-market strategy, customer acquisition.
- Legal & Compliance – Business registration, intellectual property protection.
Phase 4: Leadership & Exit Strategies
- Team Building & Leadership – Hiring, motivation, company culture.
- Crisis Management & Risk Handling – Contingency planning.
- Exit Strategies – Mergers, acquisitions, IPOs.