r/startups • u/AutoModerator • May 02 '21
Share Your Startup 🚀 Share Your Startup - May 2021 - Upvote This For Maximum Visibility!
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Startup Life Cycle Stages (Max Marmer life cycle model for startups as used by Startup Genome and Kauffman Foundation)
- 1. Discovery
- Researching the market, the competitors, and the potential users
- Designing the first iteration of the user experience
- Working towards problem/solution fit (Market Validation)
- Building MVP
- Validation
- Achieved problem/solution fit (Market Validation)
- MVP launched
- Conducting Product Validation
- Revising/refining user experience based on results of Product Validation tests
- Refining Product through new Versions (Ver.1+)
- Working towards product/market fit
- Validation
- Efficiency
- Achieved product/market fit
- Preparing to begin scaling process
- Optimizing the user experience to handle aggressive user growth at scale
- Optimizing the performance of the product to handle aggressive user growth at scale
- Optimizing the operational workflows and systems in preparation of scaling
- Conducting validation tests of scaling strategies
- Efficiency
- Scaling
- Achieved validation of scaling strategies
- Achieved an acceptable level of optimization of the operational systems
- Actively pushing forward with aggressive growth
- Conducting validation tests to achieve a repeatable sales process at scale
- Scaling
- Profit Maximization
- Successfully scaled the business and can now be considered an established company
- Expanding production and operations in order to increase revenue
- Optimizing systems to maximize profits
- Profit Maximization
- Renewal
- Has achieved near peak profits
- Has achieved near peak optimization of systems
- Actively seeking to reinvent the company and core products to stay innovative
- Actively seeking to acquire other companies and technologies to expand market share and relevancy
- Actively exploring horizontal and vertical expansion to increase prevent the decline of the company
- Renewal
If you are running a traditional business that is not designed to scale rapidly, feel free to reference a traditional business life cycle model and share what traditional business life cycle stage you are at.
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u/yusomad90 May 02 '21
Logbookr (.com)
Remote
All airlines/air operators need a logbook for each of their aircraft (by law). There are many big ERP-like players in the market but all the small/medium size operators are still using paper logbooks. Logbookr will be the first web and iOS logbook app.
The app is very dead simple to make, imagine if every time you drove your car you recorded where you went, when you left/arrived, your oil temperature, oil pressure, etc. You must also record if anything on the car broke on your trip, and what was done to fix it. The app must also show when your next service is due (so you don't drive longer than that). That's it.
I have built the MVP in appsheet, just working on payment integration now and we will be ready to launch.
One man show. I am an executive in the airline industry building this on the side for my company but in a way that I can sell it to all the others like mine that I know need something like this.
Appsheet has been amazing to build the MVP but I have some big decisions to make before building the alpha version. Another no-code plaform or from scratch? Hire a firm or manage freelancers myself? Find a cofounder?
If by chance anyone here works in the airline industry I will happily give you a free subscription to try.