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7. Show, Don’t Tell

This advice is usually given to fiction writers. In the world of high-tech startups, it’s not enough to tell people what you can do – that won’t convince them. However, if you provide living proof of what your product can do and that your technology works, people believe you, there’s a good chance they will become your clients or investors.

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MORE IDEAS ON THIS

1.You need to create a unique brand of your product

You need to create a unique brand proposition of your product. The need of the utility of the product has to be created and the value proposition has to be communicated loud and clear to the customer. You need to make sure that the product is developed keeping in mind it fulfills the need of the ...

167 reads

2. Effective Calculation

You need to test the product viability before launch, test, validate and determine the core features. You have to focus on using the feedback as a basis to build the next version of the product. Each step has to be logically derived on the basis of calculations. No step should be based on intuiti...

143 reads

6 Rules Of Successful Entrepreneurs And Startups

Statistically, most startups in the world fail. This is due to several factors: the startup didn’t address a real market need, it ran out of cash, it didn’t have the right team, it got outcompeted, or because its go-to-market strategy was insufficient.

There are currently 31.7 million smal...

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4. Foresee the Future and Innovate to Meet Its Demands

Startup entrepreneurship refuses to believe“there is nothing new under the sun” They believe that there is always a better solution, new needs to be met, and constant changes that require constant innovation.

The entrepreneur needs to have a hypothesis of where the market is going...

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5. Invest in the right team

Michael Jordon rightly highlights the importance of the right people working as a team,” Talent wins games, but teamwork and intelligence win championships”.

You need to make sure you have the best people from diverse fields and together as a team you can maneuver any chall...

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Conclusion

Startups are based on novel ideas, which if synched with market demands, can work wonders. Starting a company or building a product is an easy part, sustaining operations or making them grow is the biggest challenge. Retain your calm, invest wisely in your team and go step by step.

It’s se...

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3. Dominate the Market Category You Are After or Create New

It is not enough to just be another face in the crowd. If a startup wishes to succeed, it must aspire to lead its market category eventually. It can do this in one of two ways: challenging an existing category by offering a better way to do something or defining a new category or sub-category tha...

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6. Bend the Rules

The rules can pertain to what is physically possible or what is considered “good practice.” One implicit rule of commerce is that nothing should be given away.

Startups have repeatedly turned that rule on its head, declaring that something previously for sale is now free and creat...

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8. Enhance leadership skills

You need to enhance your leadership skills and focus on personal development. Keep building your acumen and never stop learning. "A great leader can steer the radar smoothly in all stormy times"

You have to keep your technology and software updated and be flexible too. You need to...

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CURATED FROM

Starting a company or Product

10 ideas

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IDEAS CURATED BY

Creta ★

@crt7

🙋Am a self taught Digital Creator , Editor 💻 from India 🇮🇳 , as well as a Technologist and a COD Gamer 🎮. Interested in learning📒 new things always for keeping up with the trend .

Starting a company or building a product is an easy part, sustaining operations or making them grow is the biggest challenge.

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