Year 1
Q1: Foundation and Planning
- Internal: Idea Validation, Business Plan Development, Legal Structure.
- Outsourced: Legal Counsel, Market Research Firms.
Q2: Setup and Finance
- Internal: Building Core Team, Product Development.
- Outsourced: Financial Planning, Fundraising Strategy.
Q3: Product Development and Marketing
- Internal: MVP Testing, Branding.
- Outsourced: Marketing Strategy, IT Support.
Q4: Launch and Initial Sales
- Internal: Product Launch, Initial Sales Efforts.
- Outsourced: Marketing Campaigns, Legal Support.
Year 2
Q1-Q2: Growth and Expansion
- Internal: Scaling Operations, Customer Support.
- Outsourced: Advanced Marketing, HR Services.
Q3-Q4: Evaluation and Further Development
- Internal: Performance Analysis, Product Improvement.
- Outsourced: Business Consultants, R&D.
Year 3
Q1-Q2: Scaling and Diversification
- Internal: Diversifying Offerings, Strategic Partnerships.
- Outsourced: Legal and Compliance, Advanced IT Solutions.
Q3-Q4: Sustainability and Long-Term Planning
- Internal: Sustainability Initiatives, Long-Term Strategy Development.
- Outsourced: Financial Advisory, Market Research.
General Considerations Throughout the Timeline
- Internal: Continuous Learning and Adaptation, Team Building and Culture.
- Outsourced: Legal Updates, Specialized Consultancy.