25 Tips to Make Sure Your Startup Doesn’t Fail

1. 25 Tips to Make Sure Your Startup Doesn’t Fail

2. 1. Know your purpose What need does your startup address? Why will people care? If you can answer these two major questions you’re already well on your way to success. • 2. Do something you love If your heart isn’t in it, the temptation to bail during difficult times will be high. If you’re able to do something that you love, you’ll have much more motivation to keep persevering. Startups require more than a 40 hour work week—make sure this is something you’re willing to do around the clock!

3. 3. Believe in yourself Self-doubt can be crippling, so it’s important that you believe in yourself. If you know that you’re putting 100 percent into making your business a success, you’ll find that self-confidence often follows. • 4. Surround yourself with supportive people Whileyou don’t want to surround yourself with “yes” men, it’s also important that you don’t have to constantly contend with people putting you and your business down. Don’t waste your time or energy on the defense.

4. 5. Learn from criticism Relentless negativity is of no use to you, but thoughtful criticism can be very valuable. Any opportunity to improve an aspect of your business should be warmly welcomed. • 6. Challenge conventional wisdom Learn to spot when helpful advice is merely a suggestion to conform to the popular paradigm of the times. • 7. Keep learning Think you know it all? Think again. There’s always more to learn, so be wary of becoming too complacent. Everything you learn is an opportunity to improve your business. That goes for mistakes as well—all startups will suffer from mistakes, but the entrepreneurs that learn from them are likely to be in the successful 25 percent.

5. 8. Pick a good name “Good” can be a subjective qualifier, so you should try making your decision based on what your target audience would enjoy. • 9. Serve your customer, not yourself While you should rightfully feel ownership of your startup, remember that ultimately it’s there to serve your customer and not you—vanity projects won’t last long. Keep the customer in mind with every decision you make, and you’ll build a product or service they can get excited about. • 10. Find out what your customers want Blindly assuming you know what your customers want could prove costly. Fortunately, researching it first doesn’t have to be expensive—you can search forums, ask questions on social media, or spend some money on surveying opinions (and save yourself a pricey mistake!) Source - https://articles.bplans.com/be-the-25-percent-25-tips-to-make-your-startup-a-success/

6. Vereigen Media London 2 Frederick Street, Kings Cross, London, WC1X0NDContact : +44 208 638 5991 https://vereigenmedia.com/contact-us.php Need help? Get in touch with our support team at info@vereigenmedia.com