LAUNCH YOUR STARTUP
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| startup|launch startup |
“The way to get started is to quit talking and start doing.” –Walt Disney, Co-Founder, Disney
In terms of strategies, one of the best ways to build your business is to take that idea in your head to market as soon as possible. Because delays kill. Speed saves. Here are ten tips on how you can launch your startup faster.
1.DON'T WASTE TIME IN THINKING,JUST START
“Ideas are commodity. Execution of them is not.” –Michael Dell, Dell Chairman and CEO
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| start your startup |
- Write the first line of code.
- Register the domain.
- Sketch the product.
- Design the prototype.
There is nothing standing in the way of your starting your business except yourself. Do the first thing that needs to be done.
2.SELL ANYTHING
“Always deliver more than expected.” –Larry Page, Co-Founder, Google
Many of the world’s greatest entrepreneurs aren’t selling anything new. They are selling it different or better:
- Sam Walton (Wal-Mart) sold the same thing that you could find at any five-and-dime or corner convenience store.
- Ted Turner simply sold television broadcasting and advertising.
- Howard Schultz sold coffee.
- Warren Buffett bought and sold other people’s stock.
Entrepreneurs aren’t always innovators. You can take someone else’s product and sell it. Richard Branson, after all, launched Virgin Airlines in desperation. He was headed to the Virgin Islands for an, um, romantic interlude. But his flight was cancelled. So, he chartered a private flight, despite his lack of money to pay for it.
3.ASK FOR ADVICES
“If you’re not a risk taker, you should get the hell out of business.” –Ray Kroc, McDonald’s Founder
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| advices in startup |
When an issue arises, and you don’t have the answer, find someone who does. Then, when this expert gives you advice -- whether business best practice, manufacturing locations, logo design, accounting, whatever -- ask that person to do it.
Your business needs more help, knowledge and professional skills than you have time for. Get people to work for you.
4.FIND A CO-FOUNDER
“The secret to successful hiring is this: look for the people who want to change the world.” –Marc Benioff, Salesforce CEO
VCs are more likely to invest in a startup that has a founding team, not a founding individual. Even having three cofounders isn’t too many, assuming you have a clear decision-making hierarchy.
Cofounders can provide the skills you lack, and take you further than you ever expected you’d go.
5.WORK WITH SOMEONE WHO PUSHES YOU TO EXTREME
“Make your team feel respected, empowered and genuinely excited about the company’s mission.” –Tim Westergen, Pandora Founder
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| teamwork,creativiy |
One of the reasons why Steve Jobs was able to grow Apple into one of the world’s most innovative and valuable brands was because he pushed people. Here’s how he described his management approach.
My job is to not be easy on people. My job is to make them better. My job is to pull things together from different parts of the company and clear the ways and get the resources for the key projects. And to take these great people we have and to push them and make them even better, coming up with more aggressive visions of how it could be.
Sure, Jobs could be aggressive and unkind, but he could also draw out from people better than they thought their best could ever be. You can find the same qualities in a cofounder, a partner, a friend, a mentor or an employee. More importantly, you can provide the same level of expectation for your own team members. As Jobs said, “By expecting them to do great things, you can get them to do great things."
5.MONEY IS NOT THE ONLY GOAL
“Chase the vision, not the money; the money will end up following you.” –Tony Hsieh, Zappos CEO
Don't necessarily worry about where an income will come from. A good product/service will always find a way to make money."
This is true. A myopic focus on money can pull your business off track. Whether it’s funding, capital, business loans or the perfect pricing model, back off and let things evolve. Growth doesn’t equal funding. Growth means hacking, straining, selling and doing things other than asking for money.
6.SPEND TIME AND MONEY ON MARKETING
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| social media marketing |
Marketing is one of the best things that you can do for your business. When you market your product or service, you are getting it in front of the people who will actually buy it. Marketing is not a waste of time. It’s one of the best early investments that you can make in your business.
7.TALK TO YOUR CLIENTS
A startup does not exist in the entrepreneur’s mind alone. A startup exists in the landscape of customers and potential customers.
If there will be people buying or using your product, you need to learn all you can about these people, from these people and for these people. Your business will live or die based on their receptivity to the product or service.
The sooner you learn about your customers, the faster you’ll be able to pivot and serve them better.
These were the 7 tips that you must keep in ind while launching a startup.
“Don’t worry about failure; you only have to be right once.” –Drew Houston, Dropbox Co-Founder and CEO
THANK YOU !
