Launching a startup is one of the most exciting things you can do. It's also one of the most stressful. 90% of startups fail. But don't worry! We've got your back when it comes to getting your company off the ground and keeping it running smoothly.

Ensure you do not skip the steps below for a successful startup launch.

1. Validate Your Product Idea

Idea validation is the process of testing your idea and seeing if it's viable. This can be done in a number of ways, but the most common approach is to ask potential customers what they think about your product or service.

This is an important step because it helps you find out if there are any problems with the market for which you're making the product, which will help inform how much money and time you're going to spend on developing it. It also gives insight into how people might use their products, which can help guide where marketing efforts should go.

If possible—and especially if this is something that needs more research than just talking with friends—you should also try conducting surveys or sending out questionnaires via email or social networks like Facebook or Twitter (or whatever platforms work best).

2. Develop an MVP (Minimum Viable Product)

You should develop an MVP as quickly as possible. The MVP is a product with just enough features to satisfy early customers. The idea behind building a minimum viable product is to bring the idea in front of customers as quickly as possible and use their feedback to dictate the direction of future development. The goal of an MVP is to provide a simple version of the final product so that you can identify if your business thesis was correct, you are able to solve the customer’s problem, the problem is important enough to solve (that users would pay to solve it), or any hiccups in the process, product or market.

MVP development can cost anywhere from $30K to $50K and take 3 to 6 months, depending on the complexity of the product. Byldd, however, specializes in launching MVPs and can usually do it for under $10K and within a month with the help of our pre-built modules and proprietary technology. For an exact quote, schedule a call to discuss your idea and see how Byldd can turn your idea into a viable business.

It's important that your minimum viable product is able to be used by real customers without any help getting started; we recommend keeping things simple until after you have found product market fit, after which things can get really exciting!

3. Talk to Your Customers

As you're building your startup, it's time to start talking to customers. Your customers will be the ones who will help you shape your product and make decisions about what to add or remove towards your path to being profitable, so make sure you’re listening to them.

When speaking with potential users, ask questions like: What problems are you having? What needs do these problems solve for you? How does our product meet those needs? How would adding something different from what we offer to change how much value it provides for your life/business/whatever else applies here?

4. Get Product Market Fit

Product market fit is a state in which your customers are willing to buy your product, use it and recommend it. Product-market fit is the golden egg for startups because it means that customers are willing to pay you for your product.

The first step toward achieving this goal is finding out what kind of problem you’re solving for people. If no one has any problems with their current situation, then there's no reason for them to buy from you when they need something new or different from their current options on offer. This means that before even thinking about how much money can be made off such an idea, first try solving some specific problems with potential solutions in mind (a process known as ideation).

The key to understanding your market is talking to your customers.

If a customer has explored your product, they will be able to tell you what they want, liked or disliked. They'll also have their own ideas of what could make them buy from you again in the future and how much they're willing to spend on it.

To sum up, the key to launching a startup is to validate your product and find product-market fit. By talking to your customers, you can find out if your idea has any legs and what needs to be improved or done differently before you can move forward with production.