Connect with us

Startups

10 Proven Methods That Successful Startups Live By

Joel Brown (Founder of Addicted2Success.com)

Published

on


Being an entrepreneur
and starting your own business takes many things, and it’s not all about the cash. There are many inner demons to be dealt to get started and make your start-up successful.

Starting your own business helps you to face your fears, accept your limitations, and forces you to lay a foundation under those dreams. In fact, what looked good on paper may not make sense at all once the “real work” kicks in. Therefore, what ways can you improve your start-up to make an impact, and how can you solidify yourself in your market?

 

Small Business Startup Advice To Live By

 

1. Confirmed Customers

This is a set-in-stone rule that consummates entrepreneurial planning. Are you sure in advance that the product or service that you have to sell will have, or has, the customer base required to become a success? Many start-ups with good potential fail to adequately validate a customer base. A successful start-up measures its development on the foundation of verified, reliable, paying customers.

 

2. Good Planning

It’s been said over and over again, that having a good business plan is key to a successful business. Actually, the truth lies somewhere in the middle. You need some type of plan to know where you are going, but you must be flexible as well. A start-up that has actively planned a means of moving ahead, whether on a national or international level, and has a solid one to five year agenda, and is making perpetual and visible progress to meet important targets is poised to succeed.

I am a big believer in creating a business map and not so much a business plan per se. Keep it simple and definitely achievable, something that paints a clear picture in your mind of how you would like to see your startup mature in the coming years. The business world is evolving very rapidly nowadays, especially in the tech start up scene and it is good to keep an open mind and open plan when it comes to creating your goals and vision for the future.

 

3. Easy on the Cash

Living below your means is a maxim that applies to businesses as well. A conservative operation is the way to do it these days, and private corporate jets are out! An entrepreneur who can “take it easy” with the funds, even when there is plenty of funds available has a better chance of solidifying and keeping their business afloat.

 

4. Transparency means less Worries

Loyalty, veracity, and transparency are all linked. A successful start-up should have little to nothing to conceal. It’s just plain easier with less clandestine methods about billing, customer purchases, and pricing strategies. In addition, you are more likely to have a devoted staff as well.

 

5. Communication

Successful companies, entrepreneurs, leaders, and confident people in general have a knack for communicating well. They convey positive news and communicate adverse news with frankness and simple language. They are skillful communicators, point blank, and no great company can succeed without one. If you are not that one, hire someone who is. It is well worth the investment!

 

6. Don’t Set Expectations too High

You know you have what it takes; however, that enthusiasm must be tempered with a bit of realism. Setting your sights low does not mean that you shouldn’t “plan for success.” It only means that it will take work and there will be inevitable bumps in the road along the way. Your product or service may be revolutionary, but if you “go over the top” right from the start, a modest beginning may disappoint you. By starting conservative, a self-effacing success will be visible making you look even cleverer.

 

7. Start-up in the Hood

By creating and testing your product or services in your locale you have many advantages from the start. Distribution and advertising will cost much less. People you already know will be involved and more than likely they will be more honest with you. In this way, you can “brush up” on anything that needs tweaking. In addition, it’s easier locally to gain marketing advantages.

 

8. Grab the Easy Customers First

Just about every product or service has the potential to grab a particular group of customers. An entrepreneur should concentrate on that particular group with gusto. Market, allocate, and maintain them and odds are that your business will increase. Even that amount of success will encourage you to extend your business to more complex buying customers. On the other hand, if this strategy does not turn out they way you had hoped, it’s no reason to be discouraged, just change your strategy, and learn from your mistakes.

 

9. Partner with a Larger Company

Maybe a company similar, but not selling, the same product or service, could possibly assist you with climbing the ladder. Perhaps you can develop a temporary-partnership that will permit you to grab some of their muster. For example, if your company offers a pioneering exercise bike, maybe a local shop that sells exercise clothing will partner with you and you can split the profit. This may not seem attractive in the beginning, but hey, at least you get your name out there!

 

And last but not least, we will let the amazing founder of Apple ‘Steve Jobs‘ explain this one for you. This is the most important Startup Rule to Live By:

 

10. Follow Your Passion

Steve Jobs Startup Picture Quote

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary

Short of a catastrophe, any entrepreneur that adheres to the points listed above is sure to make way and solidify themselves in the market they wish to conquer.

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

Advertisement
9 Comments

9 Comments

  1. billy

    Jul 29, 2013 at 8:06 pm

    Hey joel am so much greatful for the advice i get here infact it gives me the courage that i can achieve.am looking forward to start my company soon.Thanks alot n God bless you.

  2. pawan

    Feb 25, 2013 at 7:02 am

    Excellent post….Thanq…

  3. Miisa Mink

    Feb 20, 2013 at 8:49 am

    I think your last point is the most important. You have got to have figured out what you are passionate about! If starting a business is only about money.. well, I don’t know if that takes you very far. It is much easier to build on what you love and how you think you can help others or change the world.

  4. Hector

    Nov 28, 2012 at 2:56 am

    I Liked #3, Very Important!! Live Way Below Your Means, With the Intent to EXPAND Your Means And Your Business!! “Your biggest enemies are your bills…The cheaper you can live, the greater your options. Remember that.” – Mark Cuban

  5. Kate

    Nov 27, 2012 at 11:48 pm

    Excellent post, very good advice. Thank you.

  6. Deji R Yusuf

    Nov 27, 2012 at 11:23 pm

    another great post for my favorite site!
    I will follow the above tips because I need to succeed next year! 😉

  7. Gabriel Do Carmo

    Nov 27, 2012 at 7:55 pm

    Hey Joel,

    Great job with this site man it looks great! I come and read your articles everyday. If you don’t mind me asking, is this website your main source of money? Do you have other business ventures that you work on?

    Keep doing what you’re doing, I love this site

    • Joel

      Joel

      Nov 28, 2012 at 10:33 am

      Hi Gabriel, thanks for your feedback mate. Glad you like my website. Yes, in the following months this website will be my project fulltime and we will be taking things to a whole other level, can’t wait 🙂

      Keep in touch Gabriel. All the best in your ventures.

  8. sosasonny

    Nov 27, 2012 at 7:08 pm

    Help!

Leave a Reply

Your email address will not be published. Required fields are marked *

Startups

5 Hacks to Improve Your Writing Skills in English for ESL Learners

Phil Collins

Published

on

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.

 

Practice Constantly

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.

 

Expose Yourself

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!

 

Wrapping Up

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!

 

Continue Reading

Startups

Remote Work + Education: 3 Tips for Students Who Want to Have It All

Phil Collins

Published

on

remote work for students

Probably one of the greatest changes for the last year is the shifting to distant learning and working. There are many advantages to the issue, like, not having to commute every day, staying at a cozy home for a whole day. It makes our lives easier in terms of saving time and energy.

If you’re a student, you don’t have to bust out your textbooks every time you go to university. Instead, you have everything close and on the tips of your fingers.

However, within all the positive moments of distance learning, it is highly challenging for many of us. At college or in the office, we have a schedule, a plan which we simply have to stick to.

There is also a boss or a teacher who gives us tasks, checks and monitors our performance.

Well, now, we are our own bosses and teachers and have to come up with the plan and track our tasks independently.

So, how to stay tuned and efficient if you work and study from home? How to get the most of it and not drown in the ocean of procrastination? In this article, you will find three tips to help you out!

 

Set Up Your Workspace

When many think of a distance learning or work, they imagine themselves wearing pajamas and lying on a couch all day with the laptop. No more dress code, make-up, early mornings, coworkers or group mates, paradise!

This is a common misconception of remote work. If you want to work and study from home, it is crucial to create a space where you would stay focused and productive.

Still, if you have had a hard day and feel like having rest on your comfy couch, but there are assignments to be done, leave your worries to professionals in paperwritingservice, just place an order and enjoy your day.

When we both work and study from home, we stay with all those household essentials and, at the same time, have to focus on tasks. That is why a perfect workspace has to be created. So how to reach this ideal atmosphere at home? Here’re some pro tips.

 

Separate Spaces for Everything

This is a common problem for many that they sleep and study at the same place. Our body is a smart mechanism, which gets used to conditions very quickly.

So, as you sleep in your bed, every time you lie on it, your body gets ready to relax and concentrate is the last thing it is ready for. This principle is applied to any other space in your house.

So, your workspace should be particularly aimed at learning or/and work. Every time you get there, your brain will be ready to do the job.

 

Get Rid of All Distractions

This is a very important step if you want to stay productive at home. Your home may be a dangerous space in terms of concentration. To make it easier, help your brain and get rid of everything that might attract your attention and ultimately prevent good performance.

 

Plan Your Day

Every morning when you wake up, you approximately know what the tasks for a day are. So, what’s the sense in planning a day if you already have it all in your head?

This is one more important concept that helps us have everything done on time. Planning a day saves you time and boosts motivation and disciplines.

 

Here’s how it is done:

  • You write down a list of tasks that have to be done;
  • Prioritize them from less important to more important;
  • Hang this list somewhere, where you can always see it;
  • Mark completed tasks.

When you mark the task as accomplished, you’ll get a sense of satisfaction, which may be compared to some sort of praise. There are many tools to write a to-do list from paper to online apps.

 

Dedicate Time for Yourself

When you work and study from home, there will be a risk of abandoning our personal time in favor of more important matters. This factor leads not only to great results but also a concept called burning out.

When people face it, they feel exhausted, demotivated, and apathetic. To avoid this, it is crucial to have time for things you enjoy. It may be a sport, hobby, listening to music, watching movies, seeing friends. Your brain has to relax and get positive emotions to be more efficient in the long run.

 

Final Words

No matter if you want to work and study from home, these principles can be applied to any activity. To manage it all, just follow these basic rules, and you’ll see how your productivity boosts.

Good luck with all your endeavors!

Continue Reading

Startups

5 Ideas on Starting a Business in College

Phil Collins

Published

on

Getting your own business is a very responsible yet liberating undertaking. By starting a business while still in college, you can be sure to have an income when you graduate or to at least get some life-saving skills and experience that will help you land whatever job you like later on.

Although starting a business can be quite intimidating, there are lots of resources online that will help you go through the process easier. In the meantime, here are some valuable ideas that will help you make sure your business turns out to be a success.

Develop a Business Proposal

Before starting a business, you need a working idea, something that you can sell to your potential customer. Having an idea is, unfortunately, not enough for success here. It is important to make sure that there is an audience, a group of people that actually needs the product you want to create, and will be interested in buying it. You can even define a “Buyer Persona,” which is basically a description of your target customer, what they are like, what triggers them, what their interests and needs are.

Business proposals can be different, depending on how big a business you want to start. In case you are thinking about looking for some investors, your business proposal should be a solid description of your business idea, convincing enough for people to understand that they will get their money back and gain some profit when your product goes live. In case you don’t need investors, your business proposal can be more of a business plan outlining the main facets of your business idea and the things you need to do to make it work.

Get Some Help

As a person new to the business world, you might need some helpers and advisors to keep everything under control. When it comes to your studies, there might come the point where you need to choose between your business and your degree. To manage the problem, you can reach out to a professional academic writer from essayservice and ask them to take care of your assignments while you focus on developing your business.

 

 

Additionally, you might need to reach out or hire some business or tax advisors, or at least request a consultation with them. Starting a legal business will require you to be good at paperwork, which means some preparation is in place. With a business advisor by your side, you can be sure not to miss any important steps when developing and marketing your business. If you define your company as a start-up, it is possible that some business advisors will be willing to help you out for free, given that they get interested in your business idea and want to get profit out of it too.

Create a Website

Whatever business you choose, whether you deliver services or products, you need to have a website. Luckily, you can make do with little investments here: you don’t need to hire an IT guy or a Web Designer as there are lots of tools where you can create a great website from scratch. You might just have to pay for your domain if you want it to be unique. One of such sources is Wix; it is a free website builder.

Why do you need a website, you might wonder? Well, the days when people learn about businesses from newspapers and leaflets are long gone. Now everyone will go online, look your business up, and expect to see some clear definition of what it is you do and what value you can bring. In case you want to open a shop, your website will function as an online shop. In case it is a service you are offering, your website will give your potential customer enough information about your service and will hopefully convince them to reach out to you and order the service.

Work on Social Media Channels

Having social media channels is as essential as having a website in 2020. While a website is a place where people can order and buy your products or services, social media is a sort of a platform that will lead them up to your website.

With the help of social media channels like LinkedIn, Instagram, Facebook, and Twitter, you can find the right people, give them a brief description of your business, and get them to visit your website and learn more about what they can get there.

 

 

Social media is what can also help you develop a strong online presence and customer loyalty. Online presence means that your business gets regular online exposure. People see posts and notifications about it daily and thus remember and highlight it. When it comes to customer loyalty, social media can help you engage your potential customers, get their interest, and devotion to the product and the very idea of your product. They basically need to feel “at home” with your business, like it is something very close and personal to them.

Try Again Until You Make It

The reason why many businesses fail lies in the fact that people tend to give up if they fail, simple as that. However, the truth is that failure is part of the process. It is a sort of a learning curve you need to go through before you make your business into what it should actually be like. That’s why you should never expect to succeed on your first try or get disappointed if you fail several times in a row. Maybe it is just the universe testing how serious you are about achieving your goal.

Every company has this “success story,” where they tell everything about their ups and downs, their insights, and takeouts. It is good to read those stories to get some inspiration and do a reality check on what building a business actually looks like. If your determination and motivation are strong enough, your business will definitely succeed, no matter how many tries it takes to get there.

Continue Reading

Startups

How to Launch Your Startup in 7 Easy Steps

Published

on

Image Credit: Unsplash

We all want to manifest success in our lives. It fuels our desires to attain something. People perceive success differently as we have different desires. Some go after enriching themselves with material things to get financial freedom. Others study further to advance to the next level in their academic career. (more…)

Continue Reading

Trending