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How do you start a company? What is the minimal set of administrative hoops that one needs to (and/or should) go through to turn a killer product idea into a real corporate entity?

Every step ???Okay -Here is every small step in the chronological orderHope it helps -The Sure Steps -1. Figure out what change you want to make in the world. Nothing else matters and you should not even be beginning a company until you know the change you are passionate about making, personally and professionally.2. Begin researching the industry and your competitors.3. Determine how to create your product.4. Talk to potential customers and users for feedback.5. Come up with a name for your company and product.6. Build your pitch deck. This is particularly important if you need to raise funding.7. Create pro forma financial projections. These should show the next 3-5 years, and include a pro forma income statement and a pro forma cash flow statement and balance sheet.8. Determine how much capital is necessary to get to cash flow positive by calculating your cash flow breakeven point.9. Get feedback on the pitch deck from your mentors, advisors, friends, and family.10. Find a cofounder, if needed, whose skills complement your own and can help you achieve more.11. Select a quality corporate law firm in your area when you are ready to incorporate and get some legal advice.12. Incorporate and obtain an Employer Identification Number from the IRS13. Open your company bank account.14. Talk to your attorney about whether you should make an 83b election. These are often important in significantly reducing your taxes in a very legal way by paying your taxes upfront when you start a company.15. Build a basic product prototype or Minimum Viable Product(MVP), a term coined by Eric Ries which has become very common in startup circles over the past couple of years.16. Create employee agreements for everyone17. Create confidentiality agreements for everyone, both employees and contractors, from the beginning.18. Hold your initial Board of Directors meeting, which could just be with yourself or maybe two board members that you appoint.19. Create your Restricted Stock Unit (RSU) plan and/or your stock options plan that enable you to provide equity ownership and incentives to your employees to gain ownership in the company over time. Often you want to vest those options over a period of four to five years.20. Issue your stock certificates to yourself and to your initial founding team.21. Fund your bank account with the initial capital contribution either coming from yourself, friends or family, or peer-to-peer lending organizations like Fundable or Kickstarter.22. Determine whether you need outside capital to start.23. Raise any initial capital you need.24. Get a company debit card and credit card and apply for a corporate credit line if you need to.25. Set up your accounting software and begin putting in your chart of accounts.26. Select your payroll provider so you can actually pay your employees.27. Consider trademarking the names of your company and product. This is something to discuss with your lawyer.28. Design your logo.29. Create some business cards.30. Find office space to work out of (if you need to.)31. Furnish your office.32. Purchase any software or hardware you need.33. Get Internet access set up, which is obviously critical in a tech company.34. Obtain a Universal Product Code (UPC) if your product is going to be sold in stores.35. Design any labeling and packaging if needed.36. Finish your initial alpha/prototype product and bring it to market regardless of whether it’s a tangible product or an intangible software good.37. Get initial user and customer feedback.38. Order your initial inventory, if needed.39. Register your domain name40. Design your company website.41. Install a tracking tool like Google Analytics on your website42. Add a shopping cart if you choose to pursue e-commerce.43. Get a merchant account if you want to accept credit cards.44. Sign up for an email list tool like iContact or MailChimp.45. Optimize your website for the search engines by adding content or adding a blog and getting other websites to link to you.46. Install a Customer Relations Management (CRM) system—a tool that can track your customer base and the interactions you have with your customers and users.47. Hire your initial staff to be able to begin your operations.48. Create your company values and mission statement49. Announce your product launch to the local media.50. Hold your launch event and start selling.Those are the first 50 steps to being ready to sell your product. The next 50 steps are all about once you start selling, how you can build your business to your first million dollars in sales.51. Hire a team to fulfill your orders and provide customer service.52. Start an affiliate program or distributor program, which enables you to get other people to sell your product for you for a percentage of the sale.53. Recruit affiliates and distributors.54. Set up an ad tracking system so you can track your advertising and the results, conversion rates, and cost per lead.55. Try different online advertising techniques like cost-per-click advertising with a small test budget.56. Get some results for that advertising.57. Optimize and scale it as needed.58. Determine the cost of acquisition per lead for each channel.59. Determine the conversion rate for each channel. Then you can combine those to determine the customer acquisition cost by channel.60. Calculate the lifetime value (LTV) of a customer. Once you know that, you’ll know how much you can spend to acquire a new customer, which is critical to being able to scale your business’s marketing scientifically. If you can combine great storytelling with scientific marketing and trackable channels, you can rapidly grow your sales.61. Test your marketing and advertising with a bigger budget now that you know your LTV.62. Test social advertising and display ads, and calculate the return on investment.63. Scale your advertising up until the marginal cost of customer acquisition is equal to the marginal return from that customer acquired.64. Optimize your advertising to bring down your customer acquisition cost.65. Collect testimonials and use cases from those customers and perhaps even build a few PDF case studies.66. Create social word of mouth for your product, using a tool like HootSuite to manage what’s being said in the media about you, your product, and your brand.67. Create a YouTube video promoting your product.68. Attend an industry trade show or conference.69. Consider selling your product in bulk at wholesale to get more sales and initial brand awareness.70. Bring on a bookkeeper to automate your accounting system so you can stop doing it yourself now that you may have started to have some real revenues.71. Create an employee directory, once you get beyond a handful of employees.72. Begin reviewing your profit and loss (or your income statement) and your balance sheet monthly.73. Compare your initial forecast with actual results. Take the budget that you created before you began and compare that initial pro forma forecast with your actual profit and loss results. Compare the deltas and talk about them as you create your next iteration of your budget. Eventually you’ll begin creating budgets annually and locking in those budgets and calling those the plan, and then comparing actual results on a monthly basis against your annual board-approved plan.74. Hire your first salesperson.75. Create a sales compensation plan that enables you to pay someone either on a percentage of sales basis or based on the units they deliver by converting customers or up-selling customers.76. Set up a company healthcare program and other benefits for your employees.77. Establish your vacation policy.78. Test offline advertising carefully. You’ll want to put some toes in the water around offline advertising like direct mail or maybe local radio, and begin to test and get results and determine if it works for you. It takes a lot of testing to make your offline advertising scale.79. Create an online wiki or intranet for your company where you can keep track of your processes.80. Create a digital company handbook that can be edited and improved by your employees, like a Wikipedia article.81. Open up a credit line with your bank. The best time to go after funding is when you don’t need it. If things are going well, go ahead and open that credit line.82. Create an offsite work policy. Some of your employees may want to work remotely. Generally, as long as they’re getting their work done and are able to show up to the meetings you do have, which should be pretty minimal initially, you should be able to enable them to work offsite a couple days a week.83. Once you can show that $1 in means $4 in revenue, raise capital.Until then, bootstrap as much as you can. Only raise your initial round of capital once you have a mathematical model for scalability, then go out and raise a true series A round of funding if you choose.84. Create a list of firms from which to raise initial growth funding.85. Update your pitch deck with the new data, new mentors, and new team members.86. Build relationships with industry bloggers and different people in the media.87. Seek product reviews.88. Hire an Executive Assistant (EA) or an office manager to manage your schedule and the business’s day-to-day tasks.89. Hold your first company retreat.90. Take customer feedback and improve your product. You will want to create a product management process to incorporate customer feedback on an ongoing basis. Use this process to take your initial alpha, turn it into a beta, and then turn it into a general release, incrementally improving as you go.91. Get connected to investors through people you know.92. Have initial get-to-know-you meetings for investor feedbackabout six to nine months before you’re ready to raise capital.93. Under-promise and over-deliver on your financial and milestone results for the next 90 days.94. Determine how much capital to raise. A good rule of thumb is to raise at least twice as much as you’re going to need for the next one year of operations.95. Return to the firms you like for partner presentations.96. Do 20 partner presentations in 1-2 weeks. You need to have a disciplined, tight process for this.97. Get at least two term sheets.98. Negotiate and sign a term sheet.99. Complete all the diligence requests that come to you100. Close on your investment capital. Make sure the wire hits your bank account. Now it’s time to grow and scale a real company. The hard work now begins

What is your NEET PG story (from preparations to getting a rank)?

NEET PG 2020 MARKS 839 rank 1kAIIMS PG 1kPGI 767Since I was the first doctor in my family and no one in my family even far relatives was a doctor, I had no idea about neet pg when I entered my MBBS.I did my MBBS in JJM medical college. It was a private medical college in Davangere Karnataka.Since there is no government college in the district, our college is attached to the government district hospital, so we get to work in both government and private hospitals.I got to know about NEET PG in the middle of the first year.Since everything was new than in the first year so I did not so well concentrate on NEET PG.But I did watch DR. Najeeb lectures, which cleared my concepts in physiology and doing this Najeeb lectures unknowingly was my first step towards NEET PG.When I entered the second year, I joined dams pre-foundation V-SAT in my college town, and I still remember there were only three guys out of a batch of 200 students who joined dams in the second year.I was able to do only PATHOLOGY, MICRO, and PHARMA in the second year through dams as attendance was strict in our college, and we used to have internal exams. We had to get good marks in internals to pass the university exams.The third-year was chill as we had no internal exams, and departments were not so strict, and attendance was not an issue.So I joined dams V-SAT foundation classes.Since I was among the first students to join the dams V-SAT when it started in our town, the dams coordinator knew me well, so he allowed me to do classes even in regular batch.I used to attend foundation and pre foundational classes from 5 to 9 pm after my college, which used to end at 4 pm on the regular days and attend regular batch classes from 9 to 9 on Sundays and Saturdays.So almost daily I attended dams classes throughout the whole third year while all my friends were enjoying their honeymoon period (yeah third is considered honeymoon period in MBBS as it so much chilled and we have only three subjects to clear)I used to feel bad for all the fun I was missing in life, but I held myself together and never gave up on my classes.I was almost able to complete most of the subject in the third year with few subjects left like DERMA, BIOCHEM (almost did it here and there ), ANATOMY and FMT.In the final year, it was so hectic, and our university and college were so strict in passing candidates in practicals and theory; so I entirely devoted my time to prepare for my final yr exams and to improve my practical skills for practical exams.I read my dams notes for subjects like MED, SURGERY, OBG and Pedia FOR MY PROF EXAMS. ( DAMS NOTES GAVE ME EXTRA EDGE IN PROF EXAMS)Till then, I hadn't started practising MCQs.Then came the internship.I bought marrow plan b for MCQs, and I started reading my notes and practising MCQs.I was serious during the starting of the internship for neet pg, but my internship was so hectic, and we had biometric attendance. Hence, I had to go daily to the hospital and work there, which was mostly clerical work, but I also got enough procedures to do and saw many cases as well.So whatever time I used to get, I used to spend on my notes and MCQs, but it was not enough.Moreover, the internship is all about parties and other stupid stuff, so I also ended up wasting my time there.When I was nearing my exams during November, I realized my preparation was not enough. It was no use of pushing myself to a greater extent as it would not yield me some good rank. So I decided to enjoy my leftover internship. At this time, PSM and minor postings were remaining, so I made a lot of road trips and partied with my unit mates and friends. I never enjoyed my life in the whole MBBS, so I don't regret enjoying my last days of internship. You won't get these days back with your friends. I also promised my self I will study very hard after my internship for neet pg.During this time, I bought individual apps of prep ladder for derma, psm, biochem,anat, psych, PATHOLOGY, anaesthesia, and tried to finish them whatever I could.then I gave the marrow NEET MARROW MOCK 2018after this rank, I lost all hopes of getting this year😅and decided to move on with whatever subjects I could finish before neet 2019.then came the neet pg 2019.The paper was manageable, and there were lots of one-liners people who had appropriately studied could have easily scored well in that.here is my rank in NEET PG 2019I got 24k rank, and I was happy with it for the level of preparation I did.I finished my internship at around march the first week, did all the formalities and registered my self to the Karnataka medical counselling, and decided to study from my home in Vadodara.My dad had already taken me admission in dams t and d.I came home in mid-march and started my prep on the day one itself without taking any rest with simultaneously preparing my room for neet pg.my room looked like this in last (i took this photo after my neet 2020 results; did not disturb anything in the room until the results were out )this is my reading pad in which I had all one-liners I guess 😁😁I followed the t and d timetable for all subjects.I used to read the notes and solve all the MCQs in marrow Q BANk and used to give the class test in T n D, followed by a discussion of the paper with dams faculty.I revised my dams notes with prep ladder and marrow videoseven though I had dams notes with me, but I did the following subjects again as I was not confident at them.from marrow, I did biochem, physio, pharma, micro, entfrom prep ladder PSM, ANATOMY, PATHOLOGY, FMT, anaesthesia, psych, and dermarest all I purely followed my dams notes.I did biochem four times I guess once from dams the other time from prep ladder and one time from marrow (in the beginning there was a different faculty for biochem in marrow )then finally I did it from Rebbeca mam's class and then somehow I got little confidence in biochem. Biochem will haunt you in neet pg never give up on biochem keep reading it until you become confidant in biochem.I used to study 10 to 12 hours daily (i had a sports stopwatch to keep track of my time) till my neet pg with breaks after every three hours (in breaks I used to listen to music or do meditation )I made sure I was confident in all 19 subjects.I did not use social media except for the dams club (i made a new FB account for that).I even did dams DVT, and I did not find it so useful except for lots of motivation from the teachers ( i was so much motivated after DVT that I read continuously for one week😎 ).So if you wish, you can skip it if you don't have time.Even the t and d notes I was not able to revise in the last.The only useful thing I made out of t n d was it gave me a time table and discipline and kept me up to date as my notes were old.T n D also improves your MCQ solving skills. The faculty tells you where the question can be twisted and how to solve long clinical questions and how one question can have different answers based on the change of single word in the question.( if you are smart enough and good at solving MCQs and do most of the questions correct in GTs then you can skip T n D and prepare on your own it will surely save your time )I also wrote dams CBT and Bhatia GTCL.my scores were as followingCBT 1CBT 2GTCL 1 BHATIAGTCL BHATIA 2then came the AIIMS PG here is my scorecarddid not prepare specially for AIIMS just did previous years papers and dams AIIMS capsuleand got 1k rank.In AIIMS counselling, I got AIIMS Rishikesh sports medicine in second counselling.Then came the PGI EXAM, and here is the scorecard. It was the first time PGI EXAM was conducted online.Then came the FINAL DAMS CBT in dec.I was so sad with this rank in the final cbt but never stopped my preparation. With great positive force, I continued my final preparation of December (it was my third revision in dec )and then the last MARROW MOCK 2020I have posted all this because there are so many people who get disheartened by their bad scores in GTs; this is for those ppl.Never get disheartened by bad scores in GTs learn from them try to find out your mistakes and keep improving keep your curve raising even little improvement will do.I even applied for the JIPMER exam but did not give it as I knew I would not get in it, and it will only waste my whole precious day, so I finally decided to drop it.Because TIME IS VERY VERY IMP FOR NEET PG NEVER EVER WASTE IT.At the beginning of preparation you can have some relaxation but in the last months give your everything you can; just push your limits to maximum.There were days where I used to completely lose all the confidence and all the power to read. But my family always supported me.I used to talk to my friends to dilute the tension and anxiety.I used to watch motivational videos of APOORVA MEHRA sir, when I used to feel low.I used to think what all things I am gone do like binge-watch all TV series, travel, sleep without fear, and whatnot that I was missing because of my preparation once the exam gets over. This used to fill me with energy and give me happiness to fight my anxiety and fear of failure.I had even stuck photos on the wall of AIIMS college and all other top colleges in India just to keep me motivated.REMEMBER PEOPLE WE MUST LEARN TO HOLD OUR HAND IN THESE HARD TIMES. NO ONE CAN UNDERSTAND YOUR ANXIETY AND STRESS BETTER THAN YOU AT THIS MOMENT.I was able to revise my notes three times before neet pg as they were high yielding and concise and short (make sure your notes are brief and high yielding or else it will be difficult to revise your notes in last)Do not add anything new to your notes. If you want to add something, add it separately in A4 sheets. DONT ADD ALL THE MCQS POINTS TO YOUR NOTES JUST BOOKMARK THEM (PLS DONT BOOKMARK SO MANY MCQS) AND TRY TO REVISE THEM IF You GET TIME IN THE END.FIRST PRIORITY SHOULD BE REVISION OF YOUR NOTES.As in the beginning, you will have lots of time to read your heavy notes, but in last, if your notes are not concise, you will miss revising them.Make sure you make notes such that you can revise all 19 subjects two to three weeks before the exam and give special one day before the exam to biochem, pharma, micro, and PSM as they are dam volatile. ( especially pharma should be read just before the exam or else u will end up remembering nothing in exam even though you might have read it properly previously)remember, good notes, revision, and continuous hard work is key to neet pg success.I even kept reading until very last before entry into the exam hall.NEET PG 2020 was atypical with lots of lengthy and clinical questions, but somehow I was able to complete my exam on time.When the results came, I was out with my dad as I was accompanying him for regular medical checkups.Someone has posted the result pdf in our batch what's app group.I entered my roll no in the PDF sheet, and my PDF reader kept on searching it for five minutes, and I almost started feeling numb and felt like I will have a syncope till my result was being searched and then finally my roll no came, and I was filled in tears.I always had in mind that "pg to government collage se hi Karna hai" and after the results, I caught up with my breath and thanked god.Now the AIQ counseling 1 is over, and I got my dream branch Pedia in BJ MEDICAL COLLEGE AND CIVIL HOSPITAL AHMEDABAD.All this was possible because of my family's blessings, SUPPORT, and hard work.Just keep working hard and keep your papez circuit on your toes, and one day you will have your sweet results in your hands.Finally, a quote which I got from Rebecca mams class which I saved for today 😊😊all the best everyone.pic credit: my phone camera screenshots and Google imagesEDIT 1: NOW THE SECOND ROUND OF COUNSELLING IS OVER AND I AM ALLOTED MD PEDIATRICS IN UCMS AND GTB HOSPITAL NEW DELHIEDIT 2:Since I am done with my admission procedure I have no issue in uploading my rank cardas so many people asked me regarding how many questions I attempted in neet pgso here it isEDIT 3:And the piece of paper for which all the fuss was about THE ALLOTMENT LETTER❤️You can also read my answer regarding how I kept my self motivated during neet pg hereAbhishek Navik's response to Did you have breakdowns during your NEET-PG preparation? How did you overcome it? Was the family pressure, self-pressure overwhelming?

I have a good startup idea in my hometown of Mumbai and potential to make it work. Now what? Where do I start? What should be my next steps? What legal stuff do I need to take care of? What kind of people will I need as partners?

Tried to redirect my answer here, but quora felt it was too short hence copy pasting the whole answer.Every step ???Okay -Here is every small step in the chronological orderHope it helps -The Sure Steps -1. Figure out what change you want to make in the world. Nothing else matters and you should not even be beginning a company until you know the change you are passionate about making, personally and professionally.2. Begin researching the industry and your competitors.3. Determine how to create your product.4. Talk to potential customers and users for feedback.5. Come up with a name for your company and product.6. Build your pitch deck. This is particularly important if you need to raise funding.7. Create pro forma financial projections. These should show the next 3-5 years, and include a pro forma income statement and a pro forma cash flow statement and balance sheet.8. Determine how much capital is necessary to get to cash flow positiveby calculating your cash flow breakeven point.9. Get feedback on the pitch deck from your mentors, advisors, friends, and family.10. Find a cofounder, if needed, whose skills complement your own and can help you achieve more.11. Select a quality corporate law firm in your area when you are ready to incorporate and get some legal advice.12. Incorporate and obtain an Employer Identification Number from the IRS13. Open your company bank account.14. Talk to your attorney about whether you should make an 83b election.These are often important in significantly reducing your taxes in a very legal way by paying your taxes upfront when you start a company.15. Build a basic product prototype or Minimum Viable Product(MVP), a term coined by Eric Ries which has become very common in startup circles over the past couple of years.16. Create employee agreements for everyone17. Create confidentiality agreements for everyone, both employees and contractors, from the beginning.18. Hold your initial Board of Directors meeting, which could just be with yourself or maybe two board members that you appoint.19. Create your Restricted Stock Unit (RSU) plan and/or your stock options plan that enable you to provide equity ownership and incentives to your employees to gain ownership in the company over time. Often you want to vest those options over a period of four to five years.20. Issue your stock certificates to yourself and to your initial founding team.21. Fund your bank account with the initial capital contribution either coming from yourself, friends or family, or peer-to-peer lending organizations like Fundable or Kickstarter.22. Determine whether you need outside capital to start.23. Raise any initial capital you need.24. Get a company debit card and credit card and apply for a corporate credit line if you need to.25. Set up your accounting software and begin putting in your chart of accounts.26. Select your payroll provider so you can actually pay your employees.27. Consider trademarking the names of your company and product. This is something to discuss with your lawyer.28. Design your logo.29. Create some business cards.30. Find office space to work out of (if you need to.)31. Furnish your office.32. Purchase any software or hardware you need.33. Get Internet access set up, which is obviously critical in a tech company.34. Obtain a Universal Product Code (UPC) if your product is going to be sold in stores.35. Design any labeling and packaging if needed.36. Finish your initial alpha/prototype product and bring it to market regardless of whether it’s a tangible product or an intangible software good.37. Get initial user and customer feedback.38. Order your initial inventory, if needed.39. Register your domain name40. Design your company website.41. Install a tracking tool like Google Analytics on your website42. Add a shopping cart if you choose to pursue e-commerce.43. Get a merchant account if you want to accept credit cards.44. Sign up for an email list tool like iContact or MailChimp.45. Optimize your website for the search engines by adding content or adding a blog and getting other websites to link to you.46. Install a Customer Relations Management (CRM) system—a tool that can track your customer base and the interactions you have with your customers and users.47. Hire your initial staff to be able to begin your operations.48. Create your company values and mission statement49. Announce your product launch to the local media.50. Hold your launch event and start selling.Those are the first 50 steps to being ready to sell your product. The next 50 steps are all about once you start selling, how you can build your business to your first million dollars in sales.51. Hire a team to fulfill your orders and provide customer service.52. Start an affiliate program or distributor program, which enables you to get other people to sell your product for you for a percentage of the sale.53. Recruit affiliates and distributors.54. Set up an ad tracking system so you can track your advertising and the results, conversion rates, and cost per lead.55. Try different online advertising techniques like cost-per-click advertising with a small test budget.56. Get some results for that advertising.57. Optimize and scale it as needed.58. Determine the cost of acquisition per lead for each channel.59. Determine the conversion rate for each channel. Then you can combine those to determine the customer acquisition cost by channel.60. Calculate the lifetime value (LTV) of a customer. Once you know that, you’ll know how much you can spend to acquire a new customer, which is critical to being able to scale your business’s marketing scientifically. If you can combine great storytelling with scientific marketing and trackable channels, you can rapidly grow your sales.61. Test your marketing and advertising with a bigger budget now that you know your LTV.62. Test social advertising and display ads, and calculate the return on investment.63. Scale your advertising up until the marginal cost of customer acquisition is equal to the marginal return from that customer acquired.64. Optimize your advertising to bring down your customer acquisition cost.65. Collect testimonials and use cases from those customers and perhaps even build a few PDF case studies.66. Create social word of mouth for your product, using a tool like HootSuite to manage what’s being said in the media about you, your product, and your brand.67. Create a YouTube video promoting your product.68. Attend an industry trade show or conference.69. Consider selling your product in bulk at wholesale to get more sales and initial brand awareness.70. Bring on a bookkeeper to automate your accounting system so you can stop doing it yourself now that you may have started to have some real revenues.71. Create an employee directory, once you get beyond a handful of employees.72. Begin reviewing your profit and loss (or your income statement) and your balance sheet monthly.73. Compare your initial forecast with actual results. Take the budget that you created before you began and compare that initial pro forma forecast with your actual profit and loss results. Compare the deltas and talk about them as you create your next iteration of your budget. Eventually you’ll begin creating budgets annually and locking in those budgets and calling those the plan, and then comparing actual results on a monthly basis against your annual board-approved plan.74. Hire your first salesperson.75. Create a sales compensation plan that enables you to pay someone either on a percentage of sales basis or based on the units they deliver by converting customers or up-selling customers.76. Set up a company healthcare program and other benefits for your employees.77. Establish your vacation policy.78. Test offline advertising carefully. You’ll want to put some toes in the water around offline advertising like direct mail or maybe local radio, and begin to test and get results and determine if it works for you. It takes a lot of testing to make your offline advertising scale.79. Create an online wiki or intranet for your company where you can keep track of your processes.80. Create a digital company handbook that can be edited and improved by your employees, like a Wikipedia article.81. Open up a credit line with your bank. The best time to go after funding is when you don’t need it. If things are going well, go ahead and open that credit line.82. Create an offsite work policy. Some of your employees may want to work remotely. Generally, as long as they’re getting their work done and are able to show up to the meetings you do have, which should be pretty minimal initially, you should be able to enable them to work offsite a couple days a week.83. Once you can show that $1 in means $4 in revenue, raise capital.Until then, bootstrap as much as you can. Only raise your initial round of capital once you have a mathematical model for scalability, then go out and raise a true series A round of funding if you choose.84. Create a list of firms from which to raise initial growth funding.85. Update your pitch deck with the new data, new mentors, and new team members.86. Build relationships with industry bloggers and different people in the media.87. Seek product reviews.88. Hire an Executive Assistant (EA) or an office manager to manage your schedule and the business’s day-to-day tasks.89. Hold your first company retreat.90. Take customer feedback and improve your product. You will want to create a product management process to incorporate customer feedback on an ongoing basis. Use this process to take your initial alpha, turn it into a beta, and then turn it into a general release, incrementally improving as you go.91. Get connected to investors through people you know.92. Have initial get-to-know-you meetings for investor feedbackabout six to nine months before you’re ready to raise capital.93. Under-promise and over-deliver on your financial and milestone results for the next 90 days.94. Determine how much capital to raise. A good rule of thumb is to raise at least twice as much as you’re going to need for the next one year of operations.95. Return to the firms you like for partner presentations.96. Do 20 partner presentations in 1-2 weeks. You need to have a disciplined, tight process for this.97. Get at least two term sheets.98. Negotiate and sign a term sheet.99. Complete all the diligence requests that come to you100. Close on your investment capital. Make sure the wire hits your bank account. Now it’s time to grow and scale a real company. The hard work now begins

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