Startup Commons For Business Creators
Making global key knowledge about business creation and growing ventures, globally accessible in a scalable and structured manner.
Knowledge, Templates And More...
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We believe in open knowledge, knowledge sharing and the value of public domain. A lot of what makes the internet as we all experience it, is based on open concepts like; open source, open data, creative commons and generally on information sharing.
This movement have contributed greatly not only for development of internet and open innovation, but also for enabling startups to create new innovations around the world. As well as to knowledge we are sharing here as Startup Commons. Learn more... |
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Ideation
Entrepreneurial ambition and/or potential scalable product or service idea for a big enough target market. Initial business idea on why and how it would create value. One person or a vague team; no confirmed commitment or no right balance of skills in the team structure yet. Related resources & tools to use in this stage and progress to next: |
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Concepting
Defining mission and vision with initial strategy and key milestones defined for at least next 3 years on how to get there, -> 3, 6, 12, 24, 36 months. Two or three entrepreneurial core co-founders with complementary skills and balanced ownership plan. Maybe have extended team members for additional roles & ownership. Related resources & tools to use in this stage and progress to next: |
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Commitment
Committed and balanced co-founding team with shared vision and attitude. Able to develop the product or service (Minimum Viable Product) without dependency of uncommitted external resources, or already have initial product or service in place. Shareholder agreement signed between co-founders, including milestones, committed time and money use, for minimum 3 years with vesting terms. Related resources & tools to use in this stage and progress to next: |
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Validation
Iterating, validating assumptions until have validated solution to demonstrate initial user growth and/or revenue. Key Performance Indicators (KPI’s) identified. Can start to attract additional investment based resources (money or sweat equity) for equity, revenue share or future revenue. Related resources & tools to use in this stage and progress to next: |
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Scaling
Focus on growth, showing KPI’s based measurable, growth in user, customer revenue growth and/or market traction in a big or fast growing target market. Can and want to grow fast. May, will or have attracted significant funding or would be able to do so if wanted. Hiring, improving in quality and implementing processes Related resources & tools to use in this stage and progress to next: |
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Establishing
Achieved great growth, that can be expected to continue. Easily attracts financial and people resources. Depending on vision, mission and commitments, will continue to grow and often tries to culturally continue “like a startup". Founders and/or investors make exit(s) or continue with the company. Related resources & tools to use in this stage and progress to next: |
Related Video |
Selected key knowledge and related tools for specific development phases within business creation journey.
