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Startup Success Secrets No One is Telling You

by on July 2, 2018 in The Biz Tips

“The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into smaller manageable tasks, and then starting on the first one.” –Mark Twain

A startup is constructed of many tiny parts. Here are 3 secrets to startup success people seem to forget to mention.

A Solid Business Plan is Crucial to Longterm Startup Success

We’ve set it before and we’ll say it again “fail to plan? plan to fail!”. This phrase cannot be more applicable than to the world of startups. Startups are unique in the sense that you need one business concept but two separate plans, one for the startup and one for the results of the startup.

A business plan is meant to provide realistic steps that guide you to startup success.  Startups are a challenging endeavor and in those times where you’re at a crossroad (and there will be plenty), a business plan is the ultimate map. There should be little to no guessing involved in the decision-making process of your startup. Remove the guesswork by creating a business plan with a professional, today!

No Matter Your Market, You’re in the Business of Service

Over 40% of startups fail. Usually, this occurs because having a great idea isn’t enough. Your startup must represent a solution to an actual problem. The solution and the problem should be very specific and well-defined and understood. Before going live with your startup, test your concept on friends, family, and colleagues. A consensus will reveal itself.

Create a Dream Team

Who are the most strategically valuable people on your team?

Everyone.

That’s right. When it comes to startups, every single person involved represents your brand. From investors to the person responsible for your twitter account, choose wisely-even if that involves trial and error. Many startups forget to focus on the details when ultimately that’s what it comes down to. Once you’ve created the dream team, it’s important to be a strong leader. Making sure everyone is on the same page is crucial to long-term startup success.

 

 

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