7 PHASES OF THE STARTUP LIFECYCLE STARTUP STAGES
Startup is the process of setting an idea in motion. A good startup always knows what problem and why they are solving. It is successful when they have solved the problem. Usually begins with an idea, which doesn’t have any guarantee of success. Startup is different from traditional startup because they are designed to grow fast.- • Emerging technology stage with signs of future potential. • Market is recognized as real and growing by investors. • Everyone feels behind the curve of a super-hot market • Market is maturing with consolidation as a key driver. • Focus shifts from growth to profitability as a mature market
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