5 Powerful Things Nobody (Probably) Told You as a Startup
Requirements for a startup

5 Powerful Things Nobody (Probably) Told You as a Startup

READING TIME: 3 minutes

Business has been around for as long as there has ever been a need to transact. And like so many other things that have been around that long, business has seen a lot of trends and startup.

Being in business has never been easy – not 50 years ago, not now! It’s much harder these days, to be an entrepreneur with a startup. With so many urban legends and myths, accepted ideas and obsolete methods, and the red-hot craving of millennials to become entrepreneurs, the saddening-heap of failed enterprises keep growing. 

The good news, though, is that you don’t necessarily need a degree from a business school to own a startup as an entrepreneur. There are absolutely no boundaries to who can become a successful startup. Be sure what you’re building; a startup or a small business: what is the strong difference?

We make sure of that at Start Innovation Hub!

So, let’s have a look at these Tips you Should Know as a Startup.

1. An Excellent Idea is Never Enough 

Undeniably, it is essential to have a great business idea that works. Everyone appreciates beautiful ideas – the type that makes your jaw drop in awe. It is also true that an idea alone can get you airborne, but it can’t keep you there. Well, without a good business strategy to back it up, it won’t. 

To make money, understand the business in your idea then develop, and market it in the best way. Find out the 7 must-know insider tips for a successful pitch.

2. Appreciate Feedbacks, But Don’t Obsess

Feedbacks are great for adaption. Consider them a free consultation, if you will. To have your products or services evolve into the perfect piece (hopefully), develop an attitude of getting feedbacks. Listen to understand.

Now, as much as we need the feedback, filter the signal from all of the noise. Understand the second customers. Give them attention, but focus on your first customer. Build excellent customer service and relationships. 

Always say “Thank you” to feedbacks – they are free.

3. Make Change a Companion

Yeah, that’s right! Make change your companion. If you don’t want to break, you’ve got to bend. The best way to survive is to roll with the punches.  

Standing face-to-face with hard choices, and staring down a seemingly dark alley of change can be rather tumultuous. You don’t fight it though – it takes more energy.

Find out what’s not working, what would work, then make the change for growth. Changing what needs to be changed is not a failure.

4. Build a Workable Team

No matter how exceptional you are, you can never have all the expertise your startup needs. Before I started my writing career, a few years back, I started an enterprise, that I ran into the ground – playing superhuman. 

Find out what your startup needs. Run an appropriate hiring process for those roles. Above all, have a culture, value, mission, and vision for your business – clearly communicate it. 

Build your team and collaborate to achieve team GOALS! Check out the 5 Effective Tips For Collaboration in The Workplace

5. Start Right and Keep it Tight

If you don’t do it right at the start, it’s most likely to spin out of control. Register your business legally with the appropriate agency. If you own business In Nigeria, have it registered with the Corporate Affairs Commission (CAC) and any other associated agencies. Start with a workable design for your business, and get to it. You can always make it tight as you grow.

Develop a strategy and get to work. But remember, the work continues. Do not run wildly through a hideous gamut of problems, because of a strategy. Know when you need a change of approach. Good Customer service and experience would make a lot of difference.

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This Post Has 4 Comments

  1. 카지노

    Fantastic blog! Do you have any tips and hints for aspiring writers?
    I’m hoping to start my own blog soon but I’m a little lost on everything.

    Would you suggest starting with a free platform like WordPress or go for a paid option? There are so many choices out there
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    1. Managi Iwuoha

      Hi there, sorry about the late response and thank you for visiting. I hope you already got the tips you wanted. However, I would respond to your questions.

      About getting a website, a free platform wouldn’t be a bad way to start. For a more professional outfit though, you would need to get something better.

      You could follow the outline below:

      1. Purchase a befitting domain name. I guess you have already.

      2. Buy a good hosting plan (get a good deal). You can purchase a domain name and hosting plan from http://www.bluehost.com (there are others too. find which works for you).

      3. You can visit http://www.wordpress.org to install WordPress on your Website.

      4. After installation, get a nice WordPress theme for your website. You can always hire a WordPress Developer to handle this for you. If you do need a WordPress developer, I would be glad to recommend a few experienced ones to you.

      5. You can check out my articles on ALL YOU NEED TO KNOW ABOUT WORDPRESS TO LAUNCH YOUR SITE and 17 AWESOME WORDPRESS PLUGINS THAT WILL IMPROVE YOUR SITE.

      I hope you find this helpful. I would be glad to share some tips and hints for aspiring writers with you. We can do that on Twitter, if it’s okay.

      Wish you all the best.
      Cheers!

    1. Managi Iwuoha

      Hi there. Glad you found this article helpful. Hope to see you around. Cheers!

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