Title: I’m currently a fullstack dev at a big tech company in SV. I graduated college with a CS degree a few years ago and my friends and I want to potentially start a startup with are in the same boat. We understand that 90% of startups fail, but we want to try something new and we would be happy starting a self-sufficient small cash business.<p>I took an entrepreneurship class in college where we read the Lean Startup. My mental model of creating a startup is this. This could be completely wrong and probably is but it&#x27;s the idea that I developed in my head in college. Steps could be out of order as well, and there might not be an order to these things.<p>1.Think of an idea&#x2F; find co-founders (starting a company with friends has risks)<p>2. Interview possible customers and see if this idea solves a great “pain” they are having. A “pain” for Patreons&#x27; customer would be that before Patreon existed it was hard to earn money from fans as a content creator.<p>3. See if enough people have this “pain” to even pursue the startup.<p>4. Make a financial model and figure out the business strategy and how the business will make money<p>5. Make an MVP&#x2F;proof of concept and try to get customers that pay you on day 1<p>6. Grow&#x2F;market and gain more customers??? No idea how this works<p>7. Secure funding or be self sufficient cash business? Pitch to VC&#x2F;investor??? No idea about this<p>There is a lot of marketing, sales, financial modeling, and accounting that goes into this.
My colleagues and I just know about tech (embedded&#x2F; systems, fullstack) and a little bit of entrepreneurship from the lean startup.<p>What&#x27;s the most efficient resource to learn more about startups and these concepts? A buddy of mine from college whose startup recently got 200k in seed money told me to look at free videos&#x2F;materials from incubators&#x2F;accelerators. Are there any other books or resources Hacker News recommends? I’m probably wrong on a lot of what I think I know.
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