Starting a Web Business with Less than $4,000
Every entrepreneur has heard of the Lean Startup methodology; it’s a great way to prove demand with less time and money and to prevent building a product that no one will want. In practice though, the Lean Startup methodology is hard to figure out. How do you develop, and what is the minimum viable product? How can you iterate while absorbing a user’s real-time input? How do you get people to even give you input? As a New-York-City-based startup founder, I’ve been asked these questions many times. And thus, what follows is a simple step-by-step guide on how to validate your web business with as little capital at risk as possible—in this case, one month of rent. You’ll get real guidelines on getting something off the ground, driving traffic, and evaluating whether you have a business or a hobby. Read more from BPlans