Step 1: Funding your idea Every business starts to identify a problem, which you are able to provide a solution. This is your business idea. Step 2: Evaluating your idea Take this idea and verify it with friends and other people which are interested to speak with you about your idea. So you can verify if your idea makes sense. Because it is not enough that you love your idea and your product (solution), it's important that potential clients love your product. Step 3: Fund raising round 1 After a valid evaluation you can start to develop your MPV. If you need money for that step you have to find co-founders or investors. Step 4: MVP Development After you raised funds you can develop your MVP and go into the next steps.