During the pre-seed stage, entrepreneurs should focus on achieving the following milestones:
Market Research: Conduct thorough research to understand the target market, customer needs, and competitive landscape. Develop a MVP: Create a minimum viable product to test the core functionality and gather user feedback. Build a Team: Assemble a team with the necessary skills and expertise to execute the business idea. Initial Traction: Acquire early users or customers to validate the product-market fit. Business Plan: Develop a comprehensive business plan outlining the vision, mission, and financial projections.