StartupCostCheck Glossary

All terms

What is First sale?

A first sale is the first completed paid transaction with a real customer, showing that someone will exchange money for the service you offer.

Why it matters

A first sale provides stronger evidence than interest, compliments or survey answers. It tests whether the offer, price and buying process work with a real customer. One sale does not prove stable demand, but it gives the next spending decision a firmer basis.

How to use it

  1. Define one clear service that can be delivered now.
  2. Set a real price before asking for interest.
  3. Count payment or a firm paid booking, not verbal praise.
  4. Record what the customer valued and what slowed the sale.

StartupCostCheck builds the opening plan around reaching a realistic first sale without overspending. The free check shows the next step and the runway available to take it.

Short definitions of the money words behind a safe business start: runway, burn, risk budget, what to buy now and what to delay.

Check my startup runway