Earlier today a friend emailed me a Quora article on the one thing that you would advise NOT to do when you start a startup. The author provides some great insight, but, more importantly, includes an awesome graphic that overlays four startup stages on Geoffrey Moore’s Crossing the Chasm theory. Similar to the August post titled 5 Steps to Startup Success in 30 Words, the goal is to synthesize startup stages in a concise manner.
The four startup stages in eight words:
- Pilot it
- Nail it
- Scale it
- Milk it
So, there you have it: the lifecycle of a successful startup in eight words. Short, sweet, and concise.
What else? What are your thoughts on the four startup stages in eight words?