- When you have an idea for a product it’s important to validate the market first and analyze potential clients to find common interests among them.
- Try get yourself a great co-founder.
- Give yourself the chance to refine your path or change it.
- Challenge yourself and develop the kind of disposition where you’re open to having your ideas challenged with honest feedback.
- It’s also important to read about and follow the thought leaders in the industry.
- Solve a problem and making certain that your product is the most appealing solution.
- Strategy is driven by tremendous amount of research and knowing a particular market.
- Be certain that your product solves a problem.
- Find a way to make money and preserve it
- Make sure that you and your company have a vision and mission different from just earning a lot of money.
- Get people and investors involved who are critical of what you are doing.
- Honest feedback is seriously priceless (if you can handle it!).
- Get into an incubator building where you can share experiences with other startups, even if they don’t seem relevant to your business.
- Teamwork and interdependency is key.
- You have to deliver results, but in a meaningful way that is fun to do.
- You have to transform your energy as a founder to your people: motivate and inspire them.
- The drive and energy is key. If it’s not there you need to fix that immediately and find somebody who can do that.
- Approach your clients, employees and other stakeholders with great enthusiasm.
- Keep as close as you can to the customer even during development. Don’t go off for a year to develop something and then show it to the world.
