Startups are a bunch of fun, but they sure aren’t easy. Here’s advice that I follow by:
1. Recruit the best talent – As a founder or CEO you’ll spend most of your time recruiting and putting together your exec team. The first 10 employees will dictate company culture and be crucial to success. You’ll need to set expectations up front for everyone.
2. Have a revenue plan – I’m amazed at the number of startups that don’t have a solid or realistic revenue strategy.
8. Have fun! – Most likely your first startup is not going to be a home run, but keep at it and stay persistent. If you learn from your mistakes the chances of winning are a lot better in the future.
Especially if you are a technology entrepreneur, read the rest of Xue’s post, PixPulse Your Life for the other points he makes.
- Cheap placemaking idea: instant murals - September 11, 2020
- Refilling the rural business pipeline - July 7, 2020
- Huge vacant buildings: grants to renovate? - June 9, 2020
- Economic self defense for small towns - June 7, 2020
- The best things you can do for local businesses in light of coronavirus - March 27, 2020
- How to get more parking downtown without adding any spaces - March 7, 2020
- Exact Yeti Blue mic volume and Windows settings to reduce background noise - February 17, 2020
- Getting local businesses to cooperate with you: Shop Hopping Around Brownsville - December 16, 2019
- Survey of Rural Challenges 2019 results - December 5, 2019
- Shop Indie Local adds a new twist to tired Buy Local campaigns - November 11, 2019