Startup Granules
By R.S Jacobs
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About this ebook
This quick-read ebook offers pearls of wisdom for startup newbies and veteran entrepreneurs alike. If you're planning to make that big leap towards achieving your dream startup, then this book will help you dodge some of the challenges that many startup founders face.
Covering topics such as tips on launching your startup faster, dealing with difficult investors, scaling your startup by embracing the power of collaboration, hiring and keeping new employees happy, how to create a company culture even for remote teams and much more. If you're curious about learning lessons that are usually learnt the hard way and catapult yourself into the business battlefield - look no further.
No two businesses are the same, but one thing that is true for every single startup - it's certainly never a walk in the park. The hard reality of startups is that 8 out of 10 startup businesses fail within the first 18 months. That's an 80% chance of failure! So, for those who are serious about succeeding, sometimes knowing what you shouldn't be doing will give you a huge advantage when trying to figure out what you should be doing.
This ebook combines years of startup experience, working with successful and unsuccessful startups, and offers practical advice on how to overcome fundamental elements of either working in a startup or launching your own. Without a solid foundation, chances are you'll join the 80% statistic. Learn how to ride the startup roller coaster, and set your business up for success.
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Startup Granules - R.S Jacobs
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Content in this ebook is provided for educational and information purposes only. The content therein does not constitute advice and does not form the basis of a contract, either express or implied.
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Seven Ways to Launch
Your Startup Faster
Starting a business is like jumping out of an aeroplane without a parachute. In mid-air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.
— Robert Kiyosaki
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After what seems like an eternity of preparation, it’s finally time to take your startup from conception to reality. Remember that speed is the key to success!
Unnecessary delays can damage a startup before it ever has the chance to properly take off. Moving quickly enables you to get your product or service to market while ensuring you secure the resources necessary to survive and thrive.
Did you know that only 18% of entrepreneurs succeed in their first venture of business (Harvard Business School)? However, some of the most successful entrepreneurs have a massive pile of failures behind them. So, where do you even start?
1. Just Do It!
The above seems like the most obvious statement in the world, but if you don’t actually sit down and start the process, you’ll never make any progress. It’s easy to find excuses to delay your start date, but remember there’s really no wrong way to start. Just begin the process, whether it’s registering your domain name, performing a rough product sketch, etc. One thing will lead to another, and it will get the ball rolling. Don’t be consumed with perfectionism in the early stages as this will most certainly delay things.
2. Get a Co-Founder
Having a partner in your startup will help you shoulder the early load of launching your startup. A co-founder also gives you support and someone to bounce ideas off.
Perhaps even more importantly, partnering with a strong-minded individual may help balance out any of your own shortcomings.
A co-founder should act as a powerful complement to your own skills, and bring an even greater hustle to your team, starting right from the top.
3. Hire the Right People
Try to ensure you hire the right people that are