As a post-revenue startup company, you have begun to generate sales and are now working through the stages of efficiency and scale. In the efficiency stage, your sales and marketing processes are refined and you are generating consistent and growing revenues. You tweak your product based on customer feedback, and start to explore new customer and partner channels. In the scale stage, you achieve massive exponential sales growth as you scale your business through new channels and geographies. At this point you are making executive team hires and raising larger rounds of investment to continue to grow.
The RIC Centre offers a wide range of resources designed to help entrepreneurs at each stage of the entrepreneurial journey which is laid out for you below. As you scroll through these stages, you can explore each of the resources RIC has to offer each step of the way towards commercialization and profit.
Stage 0 – Idea
“I have an idea that I would like to develop or get feedback on.”
“I have a product or service concept that I think people want to buy.”
Stage 1: Discovery
Stage 2 – Validation
“I’m testing and launching my first product or service.”
“I’m generating consistent revenue and am ready to scale. Woohoo!”
Stage 3 – Efficiency
Stage 4 – Scale
“My sales are through the roof and I’m focused on managing growth.”