# Chris Vargas's Talk ## Startup Fundamentals > [!tip] > > - No.1 Find a problem/need. > - No.2 Know your market. > - No.3 Solution > - No.4 ==Go-to-Market== strategy. > - No.5 Business model. - Stages of a Startup - Idea - Minimum Viable Product "MVP" - Product Market Fit = "PMF" - Growth - Expansion (new markets, products, services) - Ways to "Do" a Startup - Founder: lives in the future, see what is missing, pulls it forward - Co-Founder: early, passionate believers in the Founder's vision - Early Team: <20 people, pre-product market fit - Growth Team: 20-50, post-product market fit, CFO and CMO comes in here - Investor - Consultant, Advisor ## Case Studies