Most people do not take the plunge of starting a profitable business even when they feel they are having a great idea. They may fear the challenge, believe they do not have what it takes to succeed or they simply feel overwhelmed by the severity of product development cycles, especially in the phase of lean startup. Markus Beforth, CEO of HQ Life, is the living proof to tens of young and bold entrepreneurs that these fears are not entirely justified!


Truth to be told, setting up a profitable business strategy, a business plan and a product development cycle can prove more or less demanding. Depending on the particularities of the market and on how big you want your business to be from the very beginning, differences may occur in establishing and implementing those development cycles. The simplest schematic would include six major steps: the planning, followed by design & prototype; the pilot production & production followed by distribution; the sales & marketing followed by after sales service. Are you feeling confused?


Business development, company and product development perspectives divide a more complex strategy. On the first chapter, we are talking about the business modeling, which consists from the market and financial analysis, the PR and the patenting strategies and the branding. The second one, company perspective, starts with an idea or a need, leads to a market analysis and runs a business development. Furthermore, it runs a product development, the production itself, the marketing and the launch, ending with the aftermarket service.


Finally yet importantly, the perspective of product development is about writing down the team roles, goals, deadlines and allocated budget. Then, it follows the part with need finding, benchmarking and scoping of related technologies. Stage 3 is the mission statement and the product characteristics, stage 4 is about designing the concept and prototyping and stage 5 is about detail design and production planning. Finally yet importantly, the sixth stage is the product and process validation, which leaves room for production and venture capitalists to play their roles.


As already stated, your business does not necessarily have to go through all these stages, yet whatever the steps, the lean startup is a reality that cannot be denied. As the name suggests, lean startup refers to having difficulties with boosting the production, either because of a lack of human resources or of finances.


Markus Beforth, the reputable CEO of HQ Life, has a vision designed to help anyone with the brain to project a profitable business. As long as you come with a practical idea and you make the proof that there is a high profit potential once the activity gets on the right track, you can expect to benefit from full cooperation and support.


As one of the best 100 investment companies in Germany, HQ Life is constantly growing a steady reputation among shareholders and entrepreneurs. No matter from what category you are, asking advice is free and you cannot afford to lose this great opportunity that others would die to have!

A lean startup can turn into a fast startup provided you follow Markus Beforth http://www.sharedeals.de/2012/12/05/hq-life-prognosen-lieber-ubertreffen ’s HQ Life http://www.sharedeals.de/2012/12/05/hq-life-prognosen-lieber-ubertreffen vision!