Share Your Startup: July 2021 Edition — A Call for Visibility and Collaboration
Reddit’s r/startups community is inviting founders to share what they’re building and connect with peers. If you’re part of a startup, use this post to outline your venture and explore local and community support that can accelerate progress.
What to include in your update:
– Startup Name and Website
– Headquarters Location
– Mention your city or region to enable local networking and access to nearby resources
– Elevator Pitch or Explainer Video
– Additional Details:
– Current life cycle stage
– Your role within the startup
– Goals for the Month
– How the r/startups community could assist you
– Important note: avoid public solicitations for funding, which may be illegal in some jurisdictions
– Discount for r/startups Subscribers
– If you offer a discount or perk to the community, share how members can claim it
Community Resource:
– Join our Discord for real-time chat, advice, and emotional support (link provided below)
Startup Life Cycle Framework (Max Marmer model, widely used by Startup Genome and the Kauffman Foundation)
1) Discovery
– Market research, competitive analysis, user research
– Initial user experience design
– Problem/solution validation
– Building the minimum viable product (MVP)
2) Validation
– Confirmed problem/solution fit
– MVP launched and product validation underway
– Iterative UX improvements based on validation feedback
– Version 1+ refinements and progress toward product/market fit
3) Efficiency
– Product/market fit achieved
– Preparations for scaling
– UX and product performance optimizations to support growth
– Streamlined operations and scaling strategy testing
4) Scaling
– Scaling strategies validated
– Operational systems optimized for growth
– Aggressive customer acquisition and repeatable sales processes
5) Profit Maximization
– Business scaled and established
– Expanded production and operations to increase revenue
– Systems optimization for profitability
6) Renewal
– Profits and optimization near peak
– Ongoing reinvention of core products and business model
– Potential acquisitions and expansion to maintain relevance
– Exploring new markets and opportunities to prevent decline
If your venture follows a traditional, non-fast-scaling business model, you’re welcome to reference a conventional business life cycle and indicate your current stage.
Join the conversation, share your startup’s story, and discover ways the community can help you move forward.
