Early Stage and B Module

Welcome to ByzzPath – your structured pathway to building a successful and well-organized business. Follow these simple steps to start your journey.

The map is a comprehensive guide for founders, leading them through every stage of company growth – from idea inception to scaling and expansion.

Focus on concisely articulating the business idea by describing the problem, solution, client/customer segments, and high-level revenue streams.

Outline the solutions to be provided by identifying the problems that potential customers/clients are facing

Understand and define the target market, focusing on external aspects such as the client/customer and their environment. Consider who your clients/customers are, as well as the potential revenue streams.​

Create a list of statements that highlight the unique benefits of your product or service, effectively connecting your solution to your target market. ​

“Test” the prepared model by identifying any inconsistencies, challenges, and blocking aspects of implementation. In short, all potential risks should be identified and strategies developed to minimize them.

Create a detailed outline so that the business can start earning money.

Based on the materials developed in the Illustrate Idea phase, create a complete Business Model.

Obtain valuable, independent, and constructive feedback and suggestions for the venture being built.

Agree clear rules of cooperation between founders and co-founders at the very start of the venture.

Develop the Mission and Vision statements as a foundation for strategic planning, goal setting, and ultimately market success.

Identify key functionalities that solve the primary problem of the target customers, which will be offered first.

Ensure the capacity to construct, launch, and deliver a ready solution that meets the MVP specification.

Decide on a technology stack that is both appropriate for the initial product and can be scaled for the entire solution.

Secure funding to create and launch a functioning MVP of the product/service.

Assemble a market-ready MVP ensures readiness for market deployment, meeting customer expectations and validating key features and requirements.

Form a dedicated team responsible for the assembly, validation, and rollout of the product or service, ensuring it meets basic expectations and drives business growth

Assemble an MVP product that is ready for market, meets specifications, is integrated into a cohesive whole, and is verified internally.

Ensure gathering feedback on the product/service to develop a successful start-up.

Choose a name that is distinctive and ensures the company's recognition in the market. 

MVP is ready to launch in the public market for customers/clients to buy and use.

Collect data regarding the launched solution e.g. usage and statistics.

Validate and, if necessary, adjust the Business Model based on the functioning MVP and customer outreach strategy.

Formalize the venture to establish a company, create an operational environment, and further develop the solution.

Create a legal entity capable of conducting business activities in accordance with applicable laws and regulations.

Develop comprehensive accounting procedures to ensure regulatory compliance and effective cash management.

Agree on fundamental beliefs and principles that shape the organization's operations and define attitudes.

Foster strong team relationships, cultivate a collaborative culture and enhance effective communication through team-building events.

Invite external experts to provide strategic advice in decision-making and establish key business relationships.

Continuously work on a market-specific solution by identifying, specifying, and assembling the needed features.

Craft a compelling narrative that reflects the business's mission, vision, and historical, current, and projected results, designed for investor presentations.

Secure funds to facilitate business growth, structure the organization, refine the solution, generate revenue, and initiate targeted marketing efforts.

Design an organizational structure that clearly defines roles, responsibilities, and decision-making processes.

Outline the key roles and positions required to support the company's expansion and scaling.

Agree on a model for forecasting future financial performance, conducting comparative analyses, and supporting executive and investment decisions.

Allocate funds strategically and manage cash flow effectively to support business growth.

Build a strong foundation for online presence, enhancing the company’s visibility and engagement with potential customers and investors.

Develop effective marketing and sales strategies to drive customer acquisition and revenue growth.

Secure external funding for growth.

Establish a strong foundation for creating a scalable organization prepared for growth in all dimensions.

Establish a robust HR role to ensure a great workplace and a strong foundation for attracting, developing, and retaining talent.

Establish an in-house department to manage day-to-day legal matters.

Finding an appropriate workspace is essential for business success, whether in a physical location, remotely, or hybrid.

Align the organization’s culture, including practices, norms, and values, to support effective functioning.

Excel first in hiring, then create a thriving work environment that fosters innovation, productivity, and growth.

Manage and maintain digital storage of company documents, ensuring secure storage, proper categorization, and easy accessibility.

Maintain a register of current providers and suppliers with key information.

Monitor and comply with local regulations and legal obligations

Start monetizing the efforts invested in developing the solution.

Keep the model aligned with accurate business plans and scheduled events.

Launch the solution expected by the market.

Continuously improve the solution by identifying new requirements, fixing issues, and specifying features.

Implement a customer acquisition process that enables effective sales management.

Select and configure CRM system to support sales activities.

Set clear, measurable objectives for the sales team to achieve.

Establish a department to handle day-to-day customer acquisition and revenue growth activities.

Execute sales activities in accordance with the agreed-upon sales process.

Create a department responsible for the delivery of the solution.

Develop the organization's ability and readiness to grow.

Establish strategies, tactics, a team, tools, and channels for communicating with the world.

Establish a proactive approach to clients/customers.

Establish a department and/or roles to handle day-to-day customer success and revenue extension activities.

Carry out activities to convert a customer to a Partner (Advocate).

Identify complements to the offered solution.

Define workers' structure based on their competencies and experience in line with the company's profile.

Evaluation and development of workers according to business needs.

Regularly outline the roles and positions required to support the company's scaling.

Agree, implement, and generate reports to make business decisions.

Clearly define the type of funding that aligns with the business strategy and effectively supports future funding rounds, leading to an IPO or company sale.

Adjust the company deck to meet the expectations for a Series A round.

Secure professional investors to gather external funding and aid in the development of the company's growth.

Consolidate a comprehensive set of data, analyses, and information from across the company, essential for making strategic decisions by the board.

Protect the company's unique brand, and intellectual property from infringement.

Managing the company using collected business data is essential for making informed decisions, driving growth, and achieving strategic goals.

A management strategy aligning all aspects of company operations with its key objectives.

A process requiring careful planning, leadership engagement, and open, effective communication.

Act as the CEO's right hand in gathering, analyzing, and reviewing customer and non-customer projects, reports, and data.

Collect performance data across departments to prepare comprehensive and unified reports.

Track key business parameters to identify trends and disruptions.

Create and apply a management framework using internal communication.

Implement a digital marketing strategy to connect with customers, build relationships, and enhance brand awareness through content, social media, ads, and automation.

Boost market share through strategic planning, business collaboration, and continuous improvement.

If you want to go fast, go alone. If you want to go far, go together.

Establish a dedicated team to manage partnership network efforts.

Build a network of partners to boost market share.

Adjustment of the Solution to partnership needs.

Roll out an agreed extension to the solution that the market expects.

Ensure the alignment and feasibility of the company's mission, strategic direction, and operational framework.

Emphasize the focus on operational issues within the company.

Improve the business by monitoring and tracking KPIs.

Ensure the company’s models reflect its current state through regular updates.

Cultivate organizational culture within established frameworks.

Boost efficiency, reduce errors, and focus on strategic priorities.

Mitigate downtime risks and safeguard customer trust through best practices.

Strengthen competitive position by addressing weaknesses and driving improvements.

Define clear objectives for sustainable growth via a strategic M&A approach.

Evaluate companies offering innovation, market access, and complementary products.

Engage market experts to enhance credibility and recognition.

Explore new product lines with independent revenue potential.

Plan and execute advanced fundraising rounds to capitalize on results.