Things startups should do, but often don't 😅
André J
15 replies
1. Ask for Help When In Doubt or In Trouble 🙇
One of the most common mistakes startups make is failing to seek guidance or support when they encounter challenges or uncertainties. Founders often feel the need to appear invincible and self-sufficient, but asking for help can lead to better decision-making, faster problem-solving, and more effective strategies.
2. Pivot Before It's Too Late ⏳
Startups often face the dilemma of sticking to their original plan or adapting to changing market conditions. Pivoting, or making significant changes to a business model, is a critical skill that separates successful startups from those that fail. Pivoting early can help startups avoid wasting time and resources on a failing strategy, and it can also help them stay ahead of the competition.
3. Look Outside Your Silo 🔭
Startups often focus on their own products or services, but they can benefit from looking beyond their immediate sphere of influence. Collaborating with other startups, industry leaders, or even competitors can lead to innovative solutions, new partnerships, and valuable insights. By looking outside their silo, startups can gain a broader perspective and avoid becoming too insular.
4. Change Your Routine 🙅🏻
Routines can be comforting, but they can also lead to stagnation and complacency. Startups should be willing to shake up their routines and try new approaches to problem-solving, team-building, and innovation. By changing their routine, startups can foster creativity, boost productivity, and avoid falling into a rut.
5. Do Something Unconventional and Unexpected 🧪
Startups that are willing to take risks and try new things are more likely to succeed. By doing something unconventional and unexpected, startups can stand out from their competitors, attract attention, and generate buzz. Unconventional approaches can also lead to innovative solutions and new opportunities.
In summary, startups that are willing to ask for help, pivot when necessary, look outside their silo, change their routine, and do something unconventional and unexpected are more likely to succeed. By embracing these strategies, startups can overcome common challenges and achieve their goals.
Discovered any startup hacks recently? Let us know down bellow 🙏👇
Replies
Ryan@rockzhang
Notta Showcase
Totally agree, especially the pivoting tip. But it's so difficult to make the right decision
Share
@rockzhang yep. some moments are so delicate and so important and the idea is to get these moments right when they arise. One such moment can be deciding to pivot or not.
Thanks for your work. Implementing these practices can help startups navigate the complex journey of building a successful business. Remember, it’s not just about having a great idea but also about execution, adaptability, and resilience.
Launching soon!
the first one hits home
6. Take privacy and data protection into account when designing and building their product. It’s much harder to implement it later and puts their company and users at risk.
@noa_kahalon I could not agree more. I should have thought about that 🤦
QueryPal
User feedback and fast iterations! Absolutely!
Motiff
Absolutely, André! Prioritizing user feedback and integrating it into product development is crucial yet frequently overlooked by startups, often leading to missed opportunities for growth and improvement.
Love this thread & 100% agree with your suggestions! Sometimes trusting the startup process can be difficult and it tests your confidence in yourself. How do you manage the self doubt and sticking to the conviction of your idea/vision while still staying flexible enough to pivot?
@sam_tan7 You don't get that luxury up front. only after you pivot and it works out do you get your confidence back. 😂 my personal realisation was feedback, no one said it out loud but if you read between the lines. No one wants to stop a maverick. But they might subconsciously do it. 99% of founders won't go out of their way to get roasted tho, so it can really be what sets you apart. But its important to have a strong compass, or it will spin out of its casing with all the different roastings 😅
@sentry_co love that. definitely relate to the tweaking direction as i learn more about the niche.
@yukioyama IMO startups should try to go in a direction. VS have everything planned out from the get go. As you move forward, the world changes, you learn more about the niche than you did when you started, agendas from within changes, external events also affects you. One thing you can do to figure out if you should tweak your compass is to get a lot of feedback from a lot of smart people. (most don't do this, they remain with their head in the sand) ... this feedback will be all over the place, but it will help you gain more insight regarding how to navigate the path forward. There is always a narrow path that works out. I guess startup is about always trying to make sure that path still exists and is plausible within current resources.
@yukioyama It's all just a a big long "scientific process" really. If you boil it down to the bare essentials. First principles etc.