OKRs to launch a high growth and profitable tech startup
Embarking on the journey to create a successful start-up is as exhilarating as it is daunting. This objective seeks to transform your entrepreneurial aspirations into reality, taking into consideration the numerous moving components that ensure a startup thrives, from eking out a niche in the ever-competitive marketplace to establishing a strong target audience base, and fostering an organizational culture that strives for relentless innovation and growth.
Launch a high growth and profitable tech startup
Develop a minimum viable product, tested and approved by a focus group of 25 participants
Create and test the product with focus group
Implement changes based on feedback
Identify key features for the minimum viable product
Secure funding worth at least $1M from reliable investors
Schedule and conduct persuasive pitch meetings with investors
Develop a compelling business proposal showcasing ROI
Research and create a list of potential reliable investors
Assemble a cohesive team of 5 skilled professionals for key operations
Identify required skills for key operations team roles
Source potential candidates through networking or recruiting
Conduct interviews and select final team members