Introduction

1. Steps for starting a business

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Steps for starting a business

1. Ideation
   • Build something to solve a problem
   • Is there a similar problem in a different industry
2. Execution
   • Revenue model will determine success or failure
   • Investigate
3. Funding
   • Providing resources to finance a need, program, or project
   • Usually in the form of money, but can be effort or time
4. Expansion
   • Every market is distinct
   • Analyze the unique nature of new markets
5. Marketing
   • Value is what you get, price is what you pay
   • What makes you different?
6. Tech
   • Use tech to get an advantage (B2B, B2C)
7. Customer Service
   • Must be betters

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