This is something no one talks about... the money you have to spend upfront to run your online business.
There are so many different STEPS you have to take to build an online startup:
- Go find customers
- Build your MVP
- Convince an investor
But sometimes I get frustrated…
Because there’s so much advice out there, but very few people are offering insights on what the end-to-end roadmap looks like.
In my opinion, there are 7 pit stops on the road to building an app or a tech startup.
Now don’t get me wrong…
I DO NOT think that there is ONE path for launching your startup idea.
But I DO believe more people should be sharing what THEIR roadmap looked like…. What I’m sharing today is certainly what mine looked like.
In my opinion, there are 7 phases to this tech entrepreneurship game…
At any particular moment, you have just PASSED one of the 7 milestone and are HEADED TOWARDS another one.
Here are the 7 phases:
I came up with fun names for each of the phases :)
- The Dreamer- you pass this phase once you’ve built a website or landing page for your idea
- The Beginner- you pass this phase once you’ve gotten your first 100 signups/ your first paying customer for your idea
- The Hustler- you pass this phase once you’ve designed a prototype for your app/ idea
- The Baller- you pass this phase once you’ve built an MVP for your app/ idea
- The Boss- you pass this phase once you made $50,000+ in revenue or raised $20,000+ from investors
- The Mogul- you pass this phase once you've hit 7% MoM growth
- SuperMogul- you stay at this phase when you're keeping up that MoM growth (~7%)
I made a really fun quiz that tells you which phase you’re in NOW & what you need to do to level-up to the next phase in the journey.
And then the quiz shows you some resources you can leverage to get to the next level! ;)
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