#StartupAdvice #EntrepreneurshipTips #LessonsLearned
Hey fellow entrepreneurs! 👋 If you could go back in time and give some advice to your younger self when launching a startup, what would it be? Here’s my two cents:
1) Gain managerial experience or invest in business education to prepare yourself for running a company effectively.
2) Consider targeting international clients early on to expand your market reach and grow your business faster.
We all have our unique journey, but sharing our experiences can help others avoid making the same mistakes. What advice would you give to your younger self? Let’s learn from each other and build better businesses together! 🚀💡 #EntrepreneurCommunity #StartupSuccess
Simple: Focus and learn marketing. Build and they won’t come.
No matter how much money you spend- it takes time. Focus on finding key organic growth levers and the “repeatable” tasks that you need to do everyday to grow your company.
It’s like chipping away at an iceberg- just hit it everyday and sooner or later it’ll be done. Same thing with building a startup. It won’t happen overnight but if you know where to hit it and do it consistently it will work.
Cancel.
Get a job.
Relax.
Be happy than stressed out
Why I didn’t launch it earlier when I was young and stupid🥲
Don’t partner with someone that can’t or refuses to execute. Don’t partner with the person who wants to sit back and pull strings and delegate. Find yourself a doer that can hustle better than anyone you know and brings real, complementary skills to the table in an area you are lacking.
From the perspective of a technical founder who loves nothing more than to build …
Before doing anything else talk to the people whose problem you are solving:
Find out how they solve it today.
Find out how much value this adds (is it money / time or both/ something else).
Fine out who else has this problem.
Learn marketing. Your product isn’t going to sell itself, launching is only only half the battle. Learn to sell, don’t spend too much time running after investors, find your GTM channel and stick to it.
Most ideas aren’t great. Validate your ideas and if they fail, move on to the next one
Dont trust anyone with the money. If you cant see it, its stolen.
So many things. I would need a book to write it all down. But one of the first might be this:
Don’t quit your job and cut off income until revenue is actively coming in. Those verbal commits from prospective clients are not enough validation yet. People are bad at giving objective feedback in the hypothetical.
Don’t incorporate in the US unless you got the bag already.
– Be patient, things dont just happen overnight
– Keep it simple, do not add unnecessary features
– Focus on marketing early. Get people excited and interested before you even launch
– Don’t be afraid to move on if the idea doesn’t work
*Bares uber alles!*