Money and Investments
What is a Value Proposition?
It's the main reason a startup exists to solve a problem.
What is a subscription model?
In this subscription-based model, customers pay a recurring fee for access to a product or service, often seen in software and media industries.
What is Market Research?
It’s the process of finding out what customers want and need.
What is a pay-as-you-go model?
This model allows users to access a service based on usage rather than a flat fee, commonly seen in cloud computing.
What is a Business Plan?
It’s a document that outlines a startup's goals, strategies, and how it plans to succeed.
What is a membership model?
This model focuses on creating a community of users who pay for exclusive content, access, or benefits, often seen in niche markets.
What is the Minimum Viable Product (MVP)?
It's the simplest version of a product that can be sold to customers to gather feedback.
What is direct-to-consumer (DTC)?
This business model involves selling products directly to consumers, bypassing traditional retail channels.
What is the Validation Stage?
It’s when startups test their ideas to see if they will work in the real world.
What is an ad-supported model?
This type of business model involves earning revenue through advertising, with the service often provided for free to users.