Recently, a large number of neologisms have appeared, especially in areas related to business. One of these words is startup, which is now used very often, and in some cases out of place.

What is it? The very first meaning of the word no longer corresponds to what is called a startup at the moment. At first, the word “startup” (which means “the beginning of action” in translation) affected only the business sector and denoted a still young company that had recently opened a business. But later, the meaning of the word became wider and there are still various theories about what a startup is: starting from the fact that a startup is just the initial stage of a company and ending with the understanding of this word as organizations or enterprises that are developing and growing very quickly.

In other words, it’s an idea. But where to find an idea to start your own business project? Try to look for it in business games online , among many directions. Thus, you will not only understand whether this or that type of business suits you, but also evaluate the stages of formation and development of the future enterprise.

Now that the definition of the term “startup” has become clear, it’s time to talk about its stages of development. The essence of a startup is that the company must go through all its stages with minimal time.

• The paramount and fundamental thing for creating a startup is an idea, because without some kind of idea, in principle, entrepreneurship is impossible.

• Further development of the form of this idea, its “layout” follows. This includes such basic and superficial, but not always trivial things, as methods for conveying product information to a potential buyer and the like.

• Comprehensive business plan. Everything should be planned and provided for as accurately as possible, because every ill-conceived detail can turn into disastrous consequences.

• Promotion of the product on the market, which implies that the product or at least its “demo version” has been created, various tests have been carried out and the deficiencies found have been corrected.

• And finally – the official release of the product, which includes finding the area of ​​maximum profitability, where it will be possible to sell the largest number of products, partners and promotional activities.

This is the very formula that should be followed, but the main thing here is to understand that this plan is only a possible, and not a prerequisite for success. Here, as in any other business, there is an extensive number of secrets and pitfalls; do not forget that for a really good startup, the idea must be, if not brilliant, then very unusual and effective: this is the only way to stand out from the competition, and also do not neglect the opportunity to work in a close-knit team, because you are unlikely to be able to do something alone, even with outstanding abilities.

An important aspect when creating a business from scratch is sponsorship, it may happen that a great idea dies, because its author simply cannot find money to implement it. Sponsors can be found both on the Internet, with the help of various resources specializing in startups, since there are now a huge number of them. Or look for investors live, which, on the one hand, is a little more difficult, since in order to tell an interesting story about your idea, you need to be a well-versed speaker, on the other hand, you can answer any questions and this method is the most obvious.