The 7 Step Business Strategy Framework

I have worked with a number of early stage companies recently that have amazing product concepts and technical capabilities but lack the polish on the business side. And when it comes to raising capital, you are going to be tested heavily on how you plan on creating value for all the stakeholders involved in your business. The way you identify a need, target market, validate the concept and bring it to market are all things that matter to investors and you need to be able to talk through how you will execute your business strategy.  So, I decided to write out my “back of the napkin” approach to building a successful business strategy in 7 steps:

I have outlined the details on what you need to accomplish within each of these steps and how you might do that in my Axle Eight blog post.

This may seem daunting. But trust me, going through this exercise is so worth it and will set you up for success. Feel free to reach out to me at [email protected] if you have any questions or would like to go over this in some more depth.

Created By:

Kim Grennan, Owner & Managing Principal @ Axle Eight