Continuing with yesterday’s post The Four Startup Stages, there’s another, much simper, way to describe the startup stages in eight short words:
- Pilot it
- Nail it
- Scale it
- Milk it
Pretty simple, right? “Pilot it” is the idea stage with a prototype. “Nail it” is the search for product/market fit. “Scale it” is the repeatable customer acquisition process and growth. Finally, “milk it” is maximizing value.
Need to describe the startup stages? Use these eight words.
What else? What are some more ways to describe the startup stages in a simple way?