diff --git a/README.md b/README.md
index d0dde9b1..cb91ca71 100644
--- a/README.md
+++ b/README.md
@@ -9,8 +9,55 @@ Web-based software to manage a non-profit food coop (product catalog, ordering,
 
 More information about using this software and contributing can be found on the [wiki](https://github.com/foodcoops/foodsoft/wiki).
 
-Install
---------
+System requirements
+-------------------
+
+* [RVM](https://rvm.io/rvm/install)
+* [Ruby 1.9.3](https://www.ruby-lang.org/en/downloads/)
+* [Bundler](http://bundler.io/)
+
+Getting started
+---------------
+
+1. Install RVM (if you have not done so before):
+
+       \curl -L https://get.rvm.io | bash
+
+2. Clone the repository from GitHub:
+
+       git clone https://github.com/foodcoops/foodsoft.git
+
+3. Install Ruby dependencies:
+
+       bundle install
+
+4. Setup your development environment:
+
+       rake foodsoft:setup_development
+
+   This will interactively prompt with several questions relating to your
+   required environment.
+
+5. Start rails by running:
+
+       bundle exec rails s
+
+6. Open your favorite browser and open the web application at:
+
+       http://localhost:3000/
+
+   You might want to watch a
+   [kitten video](https://www.youtube.com/watch?v=9Iq5yCoHp4o)
+   while it's loading.
+
+7. Login using the default credentials: `admin/secret`
+
+8. Change the admin password, just in case.
+
+9. Have phun!
+
+Developing
+----------
 
 Have a look at [DEVELOPMENT.md](https://github.com/foodcoops/foodsoft/blob/master/doc/DEVELOPMENT.md) (outdated) and the (more recent) [Developing Guidelines](https://github.com/foodcoops/foodsoft/wiki/Developing-Guidelines) page on the wiki.