Thinking of starting up? 8 things that you need to know

Having worked in the startup industry for more than 8 years and successfully running one for almost 4 years today, here's me trying to give back to the startup industry.

Here are 8 things that I have learnt the hard way one has to keep in mind and prepare him/her for when one decides to start up. Here goes:



 Img Courtesy - Taxmantra.com

Be Present 

Be there, be the last one out. Be the first one in. Be present. Eat with your team, drink with them. Let your filters away. Be you, be present for them.  

Divide and Rule

The first thing we learnt while starting up was to divide tasks and responsibilities. Always have clear responsibilities with your co-founders.

Be on top of everything 

Things do not happen as per the thoughts in your head, if you really like things the way you do, worry about losing control. Be watchful and ensure that the first few years you are hands on with the functionality and the process.

People before Projects 

When thinking about a bad client who pays well and a good employee, let the bad client go. Don’t worry about the loss, with the people you can win more clients, with a bad client you will never win better people.

Take care of yourself
Entrepreneurship has a down side. When drowning in the passion of doing more one tends to ignore the health and that never ends well. Find time for yourself. Your company is as healthy as you are.
 

Trust your team's decisions
You might always not get what you want in your journey towards being a successful entrepreneur but you might get an outsider’s (outside your head) opinion on things. Which might be what you need at that moment.

Be ready to make mistakes
Mistakes make us who we are. Don’t fear fucking up on things. The best learnings come off experiences, experience the downfall to know what it feels like to rise.


Make your own formula for success (Here's mine)
Be confident about your product and what you are willing to offer. Be humble and take feedback at every turn. Meet new people and talk about your product as much as you can. Be present for your friends. Work with friends. Remember it is about growing together. Give back to everyone who has been a part of your journey. 


Best of luck mate, let me know how it goes and if you'd like some help on the way. 

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