Steps to take once your idea is validated: 1. Finalize Your Business Model - Define revenue streams (subscriptions, one-time sales, ads) - Set pricing(cost-based vs. value-based) - Map key partners (suppliers, distributors) 2. Legal & Structure Setup - Choose a legal structure: Sole proprietorship, LLC, or Pvt Ltd -Register your business: GST, Udyam -Trademark your brand name/logo. 3. Create a Lean Business Plan - Outline goals, timelines - Draft a financial forecast: Break-even point, cash flow projections 4. Build Your Brand Identity 5. Develop Your MVP (Minimum Viable Product) - Create a basic, functional version of your product/service - For physical products: Partner with manufacturers for small-batch production 6. Build a Sales & Distribution Plan 7. Pre-Launch Marketing - Build hype via social media teasers 8. Launch & Iterate - Soft launch: Test with a small audience for feedback - Track customer reviews 9. Scale Strategically Follow Arslan for more business content.
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