Startup Framework Theory
Ideas are plenty, frequently unoriginal and often unbelievable difficult to turn into a profitable business. One of my favorite quotes on startups:
"The very best startup ideas tend to have three things in common: they're something the founders themselves want, that they themselves can build, and that few others realize are worth doing"
Regardless of the idea, we statistically know that market timing is one of the largest factors of success for any startup. So if you have a great idea, a few people that believe in you and great market timing - this is a framework for startups based on experience, observations and hours of debate. This framework is not my original work but very nicely outlines a cohesive framework.
While this framework generally applies to technology companies, it has great application to starting any business. There is not easy steps in this framework and each is a test of a founding team. Our perspective is that it's difficult for founder to understand when to begin raising capital, in what amounts and how to best find investor fit. The process of fundraising has a steep learning curve for many founders and should begin through conversations with people that have been through it, are in the middle of it or have failed at it.