Sveta Bay

If you could give only 1 advice to yourself at the beginning of your startup, what would it be?

by
Let me start! Advice: Start building your audience ASAP and #buildinpublic Why? By doing these, you get support, feedback, and even first customers. These are the core things for Indie and Solo entrepreneurs in the beginning!
49 views

Add a comment

Replies

Best
Brenna Donoghue
Be okay with good enough. It can be so hard to ship something that doesn't feel perfect or anywhere near what you envision, but getting quick feedback is so much more valuable than going all in on getting something that may not be right.
Sveta Bay
@brenna_donoghue absolutely agree with you, Brenna! Perfectionism is the worst trait for startups
Mak Mo
Identifying the market is every thing and it is the hardest thing.
Sveta Bay
@youssif_maxzoom yeah, I also can say the same about product market fit
Yara Matiash
Eat the elephant one bite at a time ;)
Ebrahim-Khalil Hassen
All advice in this discussion is valuable. My advice to myself :) would be - set constraints on resources, especially time but also money. Track these resources carefully because you need both to get users. Hope this helps.
Sveta Bay
@ebrahimkhalil great one! Especially for those startups, who just raised money
Ebrahim-Khalil Hassen
@basv - Good point. As someone bootstrapping money is perhaps more important than in a VC backed startup?
Robert P
If you’re starting a small business in a local community, you can take advantage of some older and conventional methods.
Sveta Bay
@robert_p3 great one!
Aruna Chawla (she/her)
Have courage + be kind! No matter what you do needs a ton of courage to face all the odds + kindness to yourself and others in the process.
Sveta Bay
@arunachawla love this advice!
Aruna Chawla (she/her)
@basv haha thanks I haver this tattooed!
Philipp Schwengel
Advice: Build something that few people love instead of something that many people like and don't run after people that will never love your product. Why? It's much easier to scale a product that is loved by its first 100 customers than something 1000s of people somewhat like. Asking for payment early on (even if it's scary), helps a lot in separating the "lovers" from the "likers" :)
Sveta Bay
@phil_schwengel Philipp, your advice is golden! Great companies are built with this method. Love it
Roberto Morais
Don't get attached to your project. If it's not working, either go to a different one or pivot.
Sveta Bay
@robertomorais this is the best one
Param Shah
Set up financial systems and reporting properly from day one and track it vigilantly week over week. As you scale this will be one of your strongest tools and discipline will save you significant time and headache in the future
Sveta Bay
@paramdshah great advice! Operations is a must to keep everything clean
Rich Watson
follow your instincts
Sveta Bay
@richw dangerous advice 😅