Startup founders are some of the most passionate people I meet! Theirs is the courage of conviction and every startup entrepreneur believes if there was a foolproof plan for something in human history, it is his or her business plan. But we also know the statistics of this economy. But we know the statistics! StartoSphere is my attempt to change that stat!
2. Rise above turbulence; Fly faster; Minimize burn-rate
StartoSphere
We think of a startup as a take-off of a jetliner
Huge gravitational pull to overcome
Thick atmosphere, winds, clouds resist your progress
Mountains and skyscrapers can get in the way
The Jetliner takes off due to your passion and energy
But quite often,
You burn more energy to overcome resistance than you should/have
You slow down due to to the drag
You face turbulence due to strong winds, clouds, air-streams
You have increased risk of collision
And you are so absorbed in the take-off, you may not have a flight plan!
(Remember Wright Brothers? Flight itself was the plan!)
Solution?
Move quickly to the stratosphere where you
Rise above turbulence
Fly faster &
Minimize burn-rate
Now, the flying is assured, and you can focus on the destination
We call this zone the StartoSphere and help you get there quicker
Graphic courtesy: NASA
3. Rise above turbulence; Fly faster; Minimize burn-rate
StartoSphere
Translating your idea into a saleable product
Metrics, governance and operating discipline
Product and services mix and go-to-market
Target customer segments & expectations
Agreements, MoUs, ESOPs to create win-wins
Product vision, roadmap, and monetization
Marketing collateral, branding, sales training
Bake in security, privacy and regulatory compliance
Release Management - functionality vs. technology debt
Scalability of your model – tech, ecosystem, geographies
Agility, scalability, cost optimization, Reg compliance
End-game, exit strategy, organic and inorganic growth
Perennial due diligence readiness – customer/investor
Partnering strategy, goals & relationship building
TheFlightPlan