What's your advice for early-stage startups?
Abdul Rehman
21 replies
Replies
Julia Doronina@julia_demyanchuk
Test hypotheses and launch the MVP as soon as possible to test the product
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NVSTly: Social Investing
Research your industry, market, or field.
In the finance space there's a lot of regulations. Like for us I didn't realize all the redistribution licensing and fees it requires to display stock exchange data.
darklens
Prioritize focus over anything. When it comes to your product, who you're selling to, who you're helping, what you're doing, focus is the game changer. Learn to say no.
SaaS AI Tools
Stay minimal and lean.
Don't get too emotionally invested.
Put in the reps.
Stop reinforcing your idea & dream with people around you. Go online, launch your product, get feedback and maybe even get roasted - you'll learn more from unbiased interactions from users and others online then your 10th friend telling you that you're on the right path.
Number one, make sure this is what you want because it is truly hard and if you are not internally motivated to fo it you are done for.
Number two, keep talking to customers, because everything else is just dreaming. If you are not talking to potential customers you have just no proof that what you are doing is anything close to viable unfortunately.
just hustle everyday and execute as fast as you can and the most data informed you can be
Don't overthink
Corbado
@karim_el_baz Simple, but good one. I catch myself doing this a lot of times - especially now when preparing our Product Hunt launch
Prioritize attention over anything else. When it comes to your product, who you sell to, who you help, and what you do, focus is everything. Learn how to say no.
Corbado
Stop reinforcing your idea & dream with people around you. Go online, launch your product, get feedback and maybe even get roasted - you'll learn more from unbiased interactions from users and others online then your 10th friend telling you that you're on the right path.
Corbado
@yogita_pg Sorry I don't know that abbreviation, what does apt mean? :D
Corbado
@yogita_pg Ahhh, I wasn't sure whether that was positive or negative :D
Now I've learned a new term!
It's ok to not be 100% every day. Building a company is HARD, especially when you're not from a background of entrepreneurs.
Focus on the core product, not all the extraneous bells and whistles. Get the infrastructure right. You can always (and probably will) redesign the UI later.
Today startups can learn the ways communications help with fundraising. After the workshop organized by VC fund Raw Ventures and Dina Mostovaya, renowned PR strategist and award-winner, you will know:
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Keep your health and your mind healthy and balance lah!