All start ups have stories to tell. And interestingly most of the stories have more or less same struggle and history. For every new start up these are very important lessons. Let's check some of the very important must know for any new start up to achieve success.
2. OPEN TO LEARN
Every experience is important event it is an unsuccessful meeting. So its very
important for a start up to be open for any advice, suggestion or support. A full
glass of water will only make it difficult to pore more on it.
3. DIFFERENTIATE
You don’t need to follow a safe road to get the success. For a start up success
actually depends on differentiation and create something new. Every
entrepreneur has to have the guts to celebrate failure to touch down the
goal. So stay creative and enjoy failure.
4. STAY SELECTIVE
Many will offer advice and it is very important to be open about it but it is also
a must do to be selective with tips one start up should follow. If you listen to
everyone you may find difficulty to find your true color.
5. STABILITY
Your team has to be well balanced. Its not necessary you need to have super
talented people in every step or department rather a well thought and well
rounded founding team is essential for future success. Team members has to
complement each other. Each other has to cover up each others weakness.
This will create the team a start up needs to have.
6. GOOD BUSINESS PLAN
Present is very important and you can not ignore that. But to run a successful
business you need to think ahead. It is key to consider what one needs to
keep the company thriving beyond the present… its all about building
relationship with the investors, they may be not interested now but they might
in future. So a start up has to be ready with good plan and intention for that
zero moment of truth.
7. INFLUENCED BY THE COMPETITION
Knowing your competition is good thing but don’t let it ruin every move. Some
companies are too busy to look into the competitors and forget their own
motives and moves. That will actually kill everything. Lets not ruin your success
and forget competitors for a while.
8. SALE YOURSELF
World is changing. This world is all about branding and marketing. So in this era
you are your own brand ambassador. You need to market you and your
product to get the attention. No one will do it for you. So if you build a cool
app then market it inform your target audience. It has to be you. So don’t shy
and start beating your own success.