Having a successful business is what most young people dream about. Independency, freedom of choice, and financial well-being are just a few things a successful startup can give you.
Many startups fail not because their ideas are not good enough, but because they have the wrong approach towards the whole thing. It is impossible to say how to start up with your idea and become successful right away. However, there are some practical tips that will help for sure.
Here are the 11 crucial tactics for starting a business:
1. Don’t be afraid to fail
Starting up your own business, you should be ready to fail. Small failures can give you priceless experience. In your failures, you can find a success recipe for your next undertaking.
Here are a couple of bright examples; simply think about them. PayPal was the fifth business try of Max Levchin. Angry Birds is the fifty second try and the first big success of Rovio Company. Impressive, isn’t it?
You cannot learn to ride a bike only reading about it. You need to pedal, to fall a couple of times, to feel how it works and only then you can confidently ride it. And when you ride along a bad road in terrible weather, you can then overcome any obstacles in the future. Startups are also like that. You fail and learn your lessons the hard way only to get up and to achieve success.
“Failure isn’t fatal, but failure to change might be” – John Wooden
2. Make sure you and your investors are on the same page
Money is an important part of a start up campaign, but be careful with it and pick the right source. As your investors will be shareholders in your company, you will practically be “married” to them. That is why it is better if you like your investors. Check if you share similar ideas and attitude towards your startup. If you have any doubts, better look for someone else.
3. Don’t try to make it alone
Most of the startups created by one person fail. You need to have a strong team of co-founders. Don’t start a project if you don’t have a good designer, marketing specialist, developer and techies. Try not to see these people as your employees, treat them as your co-founders and partners and they will be more driven to make the project successful.
4. Don’t worry if you cannot afford an office
Not every startup gets big investments the moment they think of a business idea. You have to create a plan and develop your idea into something bigger first. At this point, all you may have is this idea, some like-minded people and some money to implement this idea.
Don’t worry if you cannot allow a big fancy office for your startup. Numerous successful businesses started their lives in the houses or garages of their creators. Among them are Apple, Amazon, Microsoft, Disney, Google, Nike and many other business giants.
5. Always get yourself and your partners motivated
Motivation is what makes people create great things. Find something that makes you motivated and constantly think about it. It can be anything starting from a deep desire to see your product helping people and finishing with a simple wish to become rich.
And never forget to motivate your team. If you cannot motivate them financially yet, use other tactics. Always remind them of your goals, arrange different creative brainstorming sessions and simply hang out together and talk about all the great things you will accomplish.
6. Don’t focus on the race
On a competitive market, it is easy to focus on the race with your competitors trying not to yield to them. Do your own thing and put the energy into the things that seem important to you. Maybe your ideas will change all the rules and your competitors will then have to play your way.
Of course you have to know what your competitors do, but instead of trying to be more like them, focus on your target audience and find out what it values the most. Then try to give it to people. If you don’t, someone else will.
7. Mistakes are your best teachers
As Mark Suster says in his article on entrepreneurship, the main quality of a successful startup “is the ability to spot your mistakes, correct quickly and not repeat the mistakes”. Of course, it is very cool if you’ve witnessed some other entrepreneurs’ mistakes and learnt their lesson, but usually it is your own mistakes that teach you best.
8. Freelancers and outsourcers are your good friends
Let’s say you have a great idea but you live far away from like-minded people. Or the programmers or designers who are ready to work with you are not bright enough to create a successful project. In these or other similar situations, you have a great option of finding talented people and doing some business magic with them distantly.
With all the technology we have now, you can easily make it work. Of course there can be some issues, but every team has problems whether they work in one building or in different parts of the world. Before hiring someone from far away, though, you need to get tips for working with freelancers. For example, you need to make sure you can rely on these people and you can contact them any time you need it.
9. Don’t let routine kill your enthusiasm
Many startups begin their project full of energy and enthusiasm. However, when they encounter routine tasks and some difficulties, many of them give up and abandon the whole thing. Starting your project, you need to be ready for routine and for problems. Don’t forget to focus on your goals and to keep following your ideas and your dreams.
10. Don’t procrastinate
Startups are all about the speed. If you don’t realize your ideas fast, someone else just might do it before you. Procrastinating is unacceptable in a startup. You need to constantly move forward and not get distracted by dull things that stop you from progressing.
“Only put off until tomorrow what you are willing to die having left undone” – Pablo Picasso
11. Deal with your personal issues
Your life and your work are inevitably connected. If there are too many personal problems in your life, it would be difficult to focus on your project and to give it 100% of your dedication. So, a successful start up demands you to deal with your troubles, to let go of all the things that hold you down and to feel happy about your life. Only then will you be able to create something truly great.
Hopefully this small business startup guide can help at least some of you to start working to make your ideas a reality. If you have a killer idea and you think all the basic things through, no one can stop you on your way to success.
Which one of these tips do you think is the most important and why? Please leave your thoughts in the comment section below!
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Studying in college is hard for everyone, but ESL learners arguably suffer the most. Moving to a foreign country, learning a new language, and keeping pace with the rest of the class may seem like an unbearable burden. It’s okay to feel overwhelmed, but you have to pull through and not give up.
In moments like this, it’s always a good idea to seek help. Whether you go to WriteMyPaper to order an essay or just talk to a friend, admitting vulnerability is an important step towards improvement. In this article, you will find some tips on how to get better at essay writing, even if English is not your native language.
Control Your Environment
Improving your language skills is all about constant practice. Living in an English-speaking community is the first thing you should do to start your practice. It might be tempting to surround yourself with people who already speak a familiar language. However, this way, you won’t be practicing English on a daily basis.
You need to make those lessons almost intuitive in a way that you don’t have to do anything to learn the language. If you live in an English-speaking community, for example, if your roommate speaks English, you will have to practice the language, whether you want it or not.
Still, make sure you don’t take it too far. Taking care of yourself is still as important as ever. Feeling like an alien for the sake of education is not worth it. Remember to keep in touch with your friends and family, talk to them as often as necessary.
Practicing language is not just about doing your homework. You can make practicing English a normal part of your daily routine by watching TV, listening to music, and reading books in this language.
Yet, this is a bit tricky. When being surrounded by white noise, people tend to learn not to notice it. You need to ensure this doesn’t happen. As you watch movies or read books, maintain your attention on what you’re doing. If you hear or see a word that you don’t understand – translate it and write it down. Be mindful and remember what you’re doing this for.
Writing Is The Answer
If you want to specifically learn to write, you need to do one thing, and that is to write. Continuous practice will help you understand what mistakes you often make and, in time, eliminate them. Focus on your goal, and don’t get discouraged when something’s not working. After all, even Rome wasn’t built in a day!
Get a journal and write in it daily. Pick a new topic every time and note everything you can think of. It’s also important that you write by hand, a spelling checker in your computer is tempting, but it will not help you remember how to spell words correctly.
Besides, journaling as a habit has multiple health benefits, and it can be therapeutic. It can help you get in touch with yourself and process your emotions better.
Learn In a Group
It’s proven that learning in a group is more efficient due to the sense of competition. Find a bunch of like-minded people who want to study with you or join an already existing one, like a speaking club.
The benefit of such activities is that you get all these people from entirely different backgrounds who are all good at various things. This will help you exchange experiences, which is impossible if you’re alone.
Schedule regular meetings, come up with topics to discuss and activities to do. You could watch videos or movies together, or talk about common things. Having assignments like describing an event can also be beneficial for the entire group. This way, while one person speaks, the rest think about how they would say the same things differently.
This will help you feel more confident in your skills and, consequently, speak and write better.
The most important thing about learning a language is not to be afraid of making mistakes. It’s inevitable; you just have to take it as a natural part of a learning process.
A child that is learning how to walk doesn’t give up after falling once, and you shouldn’t either. It’s most likely that your friends understand that you’re just learning a language, and they won’t laugh at you for misusing a word or a few.
Get over that fear of error and make as many mistakes as it will take. Treat it lightly, and don’t beat yourself up for it. On the other hand, try to attend as many events as you can that will expose you to the foreign language. Not only will it boost your English skills, but also improve your social confidence!
Learning a language is hard; there’s no arguing about that. However, it’s going to get easier with time. Take every hard thing that life throws at you and turn it into a lesson.
Watch your favorite movies in English, converse with native speakers, and you’ll see the improvement very soon!
Remember to be patient about it. Don’t give up, and don’t beat yourself up over something that you have so little control of. Good luck!
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