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Whatever business you decide to start, you need to think carefully and plan everything. A startup is a relatively new and quite positive phenomenon that allows you to launch your own business without significant initial investments. There are five startup development phases in which it can grow from the "aha!" moment to the actual functioning product or service. In our step-by-step guide, we will discuss each phase in detail. Each step of the startup's lifecycle includes a unique set of challenges that can either strengthen or destroy a newly created team. Some secret ingredients of any startup on the path from idea to scaling include a strong team, flexible thinking, and a clear vision of both strong and weak sides. It is critical to step outside the tracking map and adapt your strategy as you go. Therefore, understanding the stage you are currently in will help you see the overall picture more accurately. https://owlab.group/our-blog/post/5-development-phases-of-your-startup-a-step-by-step-guide