Create virtual environment

-virtualenv --version
-mkdir ~/env
-virtualenv ~/env/my_new_app
-cd ~/env/my_new_app/bin
-source activate
-pip install -r requirements.txt
-python manage.py runserver

Actions needed for stripe subscriptions
-pip install --upgrade stripe
-pip install dj-stripe
-create weebhook at https://dashboard.stripe.com/webhooks with your url
after adding weebhook endpoint (publicly accessible URL) run following commands:
-py manage.py migrate
-py manage.py djstripe_sync_plans_from_stripe