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Pre-startup: Seed Stage (Phase 1) – This is the very beginning of your startup journey. At this stage, you're likely in the process of refining your idea, conducting market research, and possibly seeking initial seed funding. It's the conceptual phase where the foundation of your startup is being laid out. Your business plan is taking shape, but you may not have a fully operational business yet.
Early-stage Startup (Phase 2) – Your startup is beyond the mere concept; it has entered the initial phases of operation. This includes having a defined business model, beginning to develop your product or service, and possibly having a small team. You might be in the process of or have already launched your product to the market, though you're still in the early stages of growth and development.