VOLTA Operating System

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Progress Tracking

Objective Milestones

Signal Residency:

Team:

Identified core team roles necessary for the idea stage.

Team completed Signal Modules and reviewed with coach

Defined roles and responsibilities for each team member.

Traction:

Documenting Problem Hypothesis:

Drafted a clear, concise problem statement.

Validated the problem with at least 20 potential customers or users.

Conducting Market Research:

Identified and analyzed at least three direct competitors.

Documented market size and segmentation.

Building an Early Adopter Funnel:

Established a method for acquiring and tracking early adopters (e.g., landing page, email list).

Acquired a minimum number of sign-ups (e.g., 100 early adopters).

Developing Testable Assumptions:

Defined at least three core assumptions underlying the business model.

Developed a plan for how to test each assumption.

Conducting Customer Discovery Research:

Conducted interviews or surveys with a set number of potential users (e.g., 50).

Documented key feedback and insights.

Analyzing Research Data:

Identified at least three major patterns or insights from customer feedback.

Revised the problem hypothesis (if necessary) based on data.

Technology:

Identified potential technology needs or platforms to test the hypothesis (e.g., survey tools, landing page builders).

Catalyst Residency:

MVP Design Stage

Team:

Defined clear roles for MVP design and development.

Established a feedback loop mechanism within the team for continuous improvement.

Traction:

Customer Problem Mapping:

Created a visual representation (e.g., journey map) of the customer's problem and potential solution.

Continuous Customer Discovery:

Established an ongoing mechanism for collecting user feedback (e.g., feedback form, monthly interviews).

Documented new insights and adjusted product design accordingly.

Prioritized MVP features based on potential customer discovery

Conducted usability tests with at least 10 potential users for wireframes and incorporated feedback.

Technology:

Feature Development and User Experience:

Listed and prioritized the MVP's core features.

Drafted a user experience flow for the product.

Wireframe Design:

Developed a complete wireframe for the MVP.

Conducted usability tests with at least 10 potential users and incorporated feedback.

MVP Development Stage

Team:

Filled essential team roles (e.g., developer, marketer).

Drafted and signed a founders' agreement detailing roles, responsibilities, and equity distribution.

Traction:

Established at least one partnership or collaboration to support MVP development or go-to-market strategy.

Created a detailed financial projection for the next 12 months and developed a strategy to approach potential funding sources.

Technology:

Finalized the technology stack for MVP development.

Developed a functional MVP based on the wireframes.

Growth Residency:

Team:

Identified and filled key team positions necessary for growth.

Established leadership development initiatives and training for core team members.

Traction:

Developed and refined a pitch to attract potential investors.

Validated growth strategies through pilots or small-scale tests.

Established and began monitoring key performance indicators (KPIs) for the startup.

Technology:

Assessed and ensured the scalability of the technology platform to support growth.

Identified and began leveraging technology tools for performance measurement and data-driven decision-making.

For each of the pillars, the milestones are tailored to match the specific stage of the startup journey. This structure can be further refined or detailed according to the specific sectors or industries the startups belong to, and the unique challenges they face.

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