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LVB - India
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26 Apr
,2025
The way to get started is to quit talking and begin doing
1: Clarify Your Business Idea
- Write down exactly what problem you are solving.
- Define your target customer clearly (age, location, needs).
- Keep it simple — one page maximum.
2: Do Basic Market Research
- Talk to 10-20 potential customers directly.
- Find out if they truly need your product/service.
- Research 3 competitors — what they do well and what gaps they leave.
3: Set a Micro Goal
- Instead of a huge business plan, set a small, achievable goal (e.g., "Get my first 5 paying customers" or "Create a basic prototype in 30 days").
4: Create a Minimal Viable Offer (MVO)
- Build a very basic version of your product or service.
- Focus on speed over perfection — just enough to test with real users.
5: Launch Fast
- Launch to a small group (friends, local groups, social media) — don’t wait for it to be perfect.
- Collect real feedback immediately.
6: Learn and Adapt
- Note what people love, ignore, or criticize.
- Improve based on actual feedback, not assumptions.
- Stay flexible and tweak your offer.
7: Start Small Sales
- Focus only on getting real paying customers, even if the number is small.
- Offer deals, trials, or pilot programs to attract early adopters.
8: Track Key Numbers
- Revenue, costs, customer satisfaction — track the basics.
- Avoid overcomplicating — simple spreadsheets work.
9: Scale Gradually
- Once you have proof people want your product,