1.Stick to what you know
Yeah, experiment is fine, but not when you are starting up. You will never know where you will end up if you take an unknown path. So it's better to stick with the ways you know and you are absolutely sure about! Take instructions or advices from experiences people and that will help you loads! During tough decisions, try sticking to things that have already been tried out, rather than trying something new, as a startup. Again, if you are sure and fixed about something, go for it! Risk is cool, but for now, play safe.
3.Have skills of persuasion
Investors have a lot of random excuses when they are reluctant to invest in you! Therefore, learn to persuade. Learn to convince them why you are the best option for them. Explain and learn to take charge of things and that will help you more than anything! Be the voice of your company and make sure you nail every point you make. The more confident and the more you speak up with intellect, the more you will benefit! And again, this doesn’t mean you should be clingy and annoy your investors non-stop! This kind of behavior may lead to them cutting ties with you forever!
Start ups have loads of expenses. Like having to set up your own office, the furniture, the electronics and what not when you start it up! Choose and shop wisely. If you choose online shopping, much better. For instance, let us take Laptops. You are gonna order them for your employees anyway. You can buy them at a mega online store like Flipkart and avail huge discounts and cut down some of your expenses too! Always keep in the mind that the more you save, the better!
Make your marketing strategy effective and to the point. Use new and innovative ideas in marketing. Hit the social media like facebook, twitter. Email marketing is another extraordinary thing that will help you reach your audience. Having a strategic plan to use the marketing tools will actually help you reach your goals faster than you think. And try alternate methods, think out of the box. Hit big!
These are some of the things that not regarded as bigger things but make difference anyway. There are several other things that a startup needs to keep in mind and using the technology will be again, a plus point. Therefore, take your startup steps carefully and don’t rush into anything! Think twice before you act.
This post is written by Lavanya. Lavanya is a bookworm, flower child, new age traveller and a free spirit. An avid reader of classics, contemporary fiction and biographies, idolizes Elon Musk, dreamer and a Do-er. Feminist and a strong spirited woman who loves exploring the entrepreneurial world.