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How To Start A Tech Company: 9 Step Guide For Predictable Results!

How To Start a Technology Company IMG

Ready to Start Entrepreneuring?

  • Identify The Biggest Risks 
  • Build Viable Business Models
  • Know What To Do Next
  • Get Clarity And Traction

  • Show Investors Progress

Learn how to start a tech company in 9 steps. 

Follow this step-by-step guide to discover the tactics used to create billions in revenue. We have added visual tools to help you quickly and easily get through each step. 

Learn about starting everything from software, blockchain, and robotics to fintech, food-tech, and biotechnology. 

However, If you are going to start a technology company the #1 rule is… 

Do not start with the technology. 

You MUST start with your customer, and the job they are trying to complete. This will start the commercialization process of moving the technology from idea to the market.

Breakthrough and solve real-world problems by learning what to build first with your MVP, how funding might be secured, and creating a business model that provides commercial viability.

This guide is your key to systematic innovation that will help you unlock hidden potential in your technology startup. 

Alright, It’s time to start entrepreneuring and building your tech company from scratch.

If you want to brainstorm other check out our list of tech startup ideas.

FREE 5 Step Manual: How To Start A Million Dollar Startup.

If you are short on time.

We can email you the “5 Step Manual: How to Start a Million Dollar Startup”.

It will help you assess ideas, give you a pricing framework, and help you assess your market opportunity.

How To Start Million Dollar Startup Manual

Get Started: Product Founder Fit

Dump the passion mindset for good, and adopt the craftsman mindset. It’s about learning skills with utility. Skills with utility give you knowledge capital, and aligning those skills with your core values will make you unstoppable. 

Product founder fit is when your values, skills, and experiences align. In math this is known as “combinatorics”.

You can learn more about “combinatorics” in the Naval podcast episode on our recommendations for the best tech startup podcasts

Another great reference is Cal Newport’s book. “So Good They Can’t Ignore You”. Here is a summary that will get you up to speed on the studies done on success and passion. So Good They Can’t Ignore You summary.

When combinatorics is applied to who you are, what you know, and what you have done, then you can see what makes you unique. 

This is where you will find product founder fit!

starting the right tech startup.

Product Founder Fit Cheat Sheet

What got you here won’t get you there. It’s time to remove the shoulds from your life. “Shoulds” are what other people want you to do. Here is a framework for identifying values. 

Also watch the Dr. Demartini video below this for a set of questions to provide further clarity.

tech company product founder fit

Discover Your Core Values

Knowing your highest values enables you to align your life’s actions with the things that mean the most to you. 

Not being aware of your highest values makes it exponentially more difficult to create a meaningful, fulfilling work life. 

Use These Questions From Dr. Demartini To Find Your Values On Your Search For Product Founder Fit.

1. How do you fill your space?

2. How do you spend your time?

3. What energizes you?

4. What do you spend your money on?

5. Where are you most organized?

6. Where are you most disciplined & reliable?

7. What do you think about most?

8. What do you visualize most?

9. What do you have an internal dialogue about most?

10. What do you converse with other people about most?

11. What inspires you most?

12. What are your 3 most consistent goals?

13. What do you love to learn about?

Credit: Dr. Demartini

1. Building A Tech Startup From Scratch.

“Startups succeed when solutions are desirable, feasible, and can be viably brought to market with the right operational cadence.”  

This is the fundamental flaw most startups go through. They think the goal of a successful startup is is to be a successful startup. Wrong!

A startup is a phase, not a goal.

a startup is an organization formed to search for a repeatable and scalable business model.” – Steve Blank

This is why 

2. Tech Startup Market Opportunity Analysis

Because you are a starting a startup you have something special going for you. The ability to leverage huge compute power and have robots at AWS, Microsoft, and Google work for you while you sleep. 

While you might know what problem you solve now, Remember, 42% of starts fail because they did not assess their marke correctly. 

Lucky you we have a customized list from Y-Combinators startup school to get you headed in the right direction.

DO NOT MOVE FORWARD UNTIL YOU KNOW YOU TAM

Calculate The TAM For Your Tech Startup

(Total potential customers times the average revenue per user)

  1. Do you have and advantage in the marketplace?
  2. Is the market growing at least 20% a year?
  3. How urgent is the problem?
  4. Is this an expensive problem for your end user to solve?.
  5. How often do your customers experience this problem?
  6. On a scale of 1-10 how do you compare with the current market competitors?
  7. Does your total market solve problems for more than 1 million people?
  8. Are you able to acquire customers at $0?
  9. Does your tech startup employ network effects?

Technology Startup Types

Agriculture Tech
Augmented Reality (AR Tech)
Bio Tech
Construction Tech
Energy Tech
Food Tech
Fin Tech
Health Tech
Artificial Intelligence
Machine Learning
Manufacturing Tech
Mobile Tech
Software As A Service

Congrats! You are now ready to get started.

Let’s find the right markets, assess opportunity, minimize risk, analyze the competition, and quickly discover new viable business models for your technology company!

If you have any legal questions you can find out more on our startup legal services page.

Use These Questions From Dr. Demartini To Find Your Values On Your Search For Product Founder Fit.(Watch The Video Above)

Discover how to start a tech company with funding or with no money, no experience, or without a tech background.

Remove the stress of failure putting the odds in your favor by using this guide to know the next move. This how to start a tech company guide will help you find a clear path to getting traction. If you have some time here’s an interview with “Paypal Mafia” member Max Levchin for a little inspiration.

I have used to these same steps to sell 10’s of thousands of products and build a million-dollar software company in the financial sector… and during my journey, my values aligned with bringing other up behind me!

“Each One, Teach One” African Proverb 

Use this guide to know the next move, reduce risk, and gather evidence to insure starting your tech company is a success.

Let’s get started.

How to start a tech company or with no money, nono experience, or without a tech background.

1. Finding And Defining The Problem Clearly

2. Customer Profile

Customer Profile Template customer profile definition

3. Competitor Analysis

Competitor Comparison Chart

4. Market Research

5. Value Proposition

value proposition canvas

what is the key value proposition of google search campaigns

what is the best situation in the circles for a successful value proposition framework?

6. Business Model and Projections

Example tech startup business models
Uber Business Model
AirBNB Business Model
Slack Business Model
Trello Business Model
Facebook Business Model 
Instagram Business Model
Google Business Model
Amazon Business Model
AWS Business Model

Startup Projection Template

SaaS Projection Template

7. Hypothesis Testing (Hypothesize and Optimize)

We need to gather evidence that everything is going to come together so we know if this opportunity will work. 

We are going to use techniques that create up to 90% statistical accuracy.

8. Tech Startup Legal Documents And Banking

When looking into tech company legal documentation we recommend 

How much should a tech startup spend on legal?

Tech Startup legal Structure

tech startup legal consultation

– health tech startup legal
– fintech startup legal
– Biotech startup legal

9. Fund and Launch

tech startup seed investment.
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Frequent Asked Questions

Starting a tech startup is for those who want to be able to scale code while controlling their own risk and reward.

Starting a tech startup is for those who want to be able to scale code while controlling their own risk and reward.

Starting a tech startup is for those who want to be able to scale code while controlling their own risk and reward.

Starting a tech startup is for those who want to be able to scale code while controlling their own risk and reward.

Starting a tech startup is for those who want to be able to scale code while controlling their own risk and reward.

Starting a tech startup is for those who want to be able to scale code while controlling their own risk and reward.

Starting a tech startup is for those who want to be able to scale code while controlling their own risk and reward.

Starting a tech startup is for those who want to be able to scale code while controlling their own risk and reward.

Follow the steps in this guide

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

How much to start a tech startup depends on the type of startup so it vary drastically. However getting started and proving your ideas is free. 

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.

If you are wondering when should you start a startup, then you’ve waited to long. Follow this guide and get started today.