StartUp (Launch)
StartUp (Launch) refers to the initial phase of a new business or project, where entrepreneurs develop their ideas into a viable product or service. This stage often involves market research, creating a business plan, and securing funding. The goal is to establish a foundation for the business and attract potential customers.
During the StartUp (Launch) phase, teams typically focus on building a minimum viable product (MVP) to test their concept in the market. Feedback from early users helps refine the offering, ensuring it meets customer needs. Successful launches can lead to growth, investment opportunities, and long-term sustainability.