Most successful new startups have entrepreneurs behind them that know how to use the very best of their zeal without losing focus. If you are thinking about launching yourstartup idea there is the usual advice you can look forward to, such as being prepared, basing your business plan in market reality, concentrating on the financial health of your undertaking, being flexible to learning, accepting both good and bad news, and consistently conjuring up ways to keep yourself in the game.
To sustain or improve the momentum of your startup read the following tips below to give your new venture a boost.
#1. Know that “the time to improve your startup is and always will be NOW!
Startups involve some risk, and if you continue to put off the inevitable, you might miss a wonderful opportunity. For example, Mike Krieger and Kevin Systrom utilized their HTML5 venture, Burbn, made a few changes, and sold their company for $1 billion in cash and stock. However, their success would have passed them by had they waited! As the saying goes, “sometimes you have to jump and catch your wings on the way down.”
#2. Be more open to offering deals
You may have to “wheel and deal” a bit more to improve your startup. By offering specific deals to retailers, Groupon grew quickly and was hailed as “the fastest emerging business ever!”
#3. Make your business more accessible
If you want to give your startup a boost right now, you will have to go where the action is instead waiting for it to come to you. This does not mean packing up and moving to a new location, yet. However, making your business easily accessible is vital. For example, install a good phone system like VOIP. Companies who offer VOIP usually have plans that will stay within your budget for online phone systems. This is a great option for any city office or home based business.
#4. Your startup is a reflection of you
A shift in attitude will automatically affect outer conditions. If your startup is in the stalled phase, you can have an immediate effect by shifting your mindset. For example, envision yourself interacting positively with your clients. Don’t anticipate repeated rejections.
#5. Ask more questions, to find more answers
Many times entrepreneurs launching their startups jump in headfirst excited and full of enthusiasm. A good way to improve your momentum is to re-evaluate why you started the startup in the first place. Ask yourself the whys, hows, when, who and whats so that you can get a clearer view of the big picture.
#6. Start thinking that, “If at first you don’t Succeed, Try, Try AGAIN!”
You can give your startup an immediate boost by concentrating on successes, not failures. For example, Ben Huh CEO founder of Cheezburger.com, started over after getting out of $40,000 in debt following a failed startup. Attitude is everything!
#7. Chill out and slow down for more effectiveness
That fast or immediate change that seems like it happened over night with your startup was actually a buildup of small steps. Remember that. To instantly improve your startup, you may require just a bit more patience for the results of the work you’ve already completed. Sometimes we just have to “Wake up and smell the roses”, to appreciate how far we have really come. This in turn will help us realize what we have achieved and can also re-enforce what we are capable of. When this happens, well, be prepare to open up that “can of whoop ass effectiveness”!
#8. Be more conscious of your surroundings
If you are not surrounding yourself with positive people, it may be time to make some new acquaintances. Of course, not everyone has to be a go-getting entrepreneur, but “birds of a feather flock together.” An instant boost in confidence can take place when you are in the company of other entrepreneurs looking for ways to improve their new startups.
#9. Believe in persistence
No startup goes instantly from point A to point Z. However, in order to get to point “Z” you have to look ahead. To give your startup an instant boost read about other startups that have survived those initial doubts. For example, Glam Media Inc and Etsy Inc both succeeded through persistence, despite a drop by investors from Internet startups.
#10. Start to push for more
There’s a saying that goes “unless a person embarks on more than he can possibly do, how can he do all that he can?” Sometimes improving your startup requires going that extra mile.
#11. Be more aware of your competition and the climate of your market
Yes, this seems obvious, but you will be amazed at individuals with startups who never bother with this phase. By taking a peek at what your competitors are doing, you could receive an “instant jolt” into reality; thereby, causing a fast improvement to your business ideas and plans.
#12. Review your beliefs and stick to your ethics
Ethics is important in every aspect of our lives, including new startups. Deep down we know the difference between what is right and what is wrong, whether we do it is another story. Nonetheless, when offering services to clients ethics must be a priority. If you violate your ethics, how can you improve your startup? Remember, “you are your startup.”
Just ask CEO Charlie Vogt, from Genband in Frisco, Texas. They had the opportunity go public but refused. They didn’t need the money. They decided to remain a modest company, sincere to their values and resistant to greed.
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