Most of the Entrepreneurs are working hard to develop their
single room business into multinational company. Motivation would always help
entrepreneur to come out from their failure. Here I have discussed the top
startup tips from famous entrepreneurs.
Bill Gates :
- Great Startup ideas come from everywhere. Don’t ever underestimate the ideas that you got.
- Should be Master in two skills: Selling and Coding.
- Run the company with minimum budget and reinvest the profit into the company’s operation.
- Everyone should know the reason for work. Frame the good startup culture.
- Don’t try to make the complete product just create the minimum viable product and launch. Good is good enough.
Steve Jobs :
- Willingness to take more challenge and succeed in it.
- Build the passionate team - if they fall in love with your product, everything else will take care of itself.
- Startups comprised of members who apply a diversity of thought to solving problems are more likely to devise creative and inherently unique solutions.
- Work on a meaningful mission then billion dollar will follows.
- Customer's cannot tell you what they need. A lot of times, people don't know what they want until you show it to them.
Mark Zuckerburg :
- Young entrepreneur should get a mentor.Mentor will help the company avoid some of its intellectual property and employee compensation lawsuits.
- Give some space and power to people.
- Be smart and develop a solution for problem about which you are passionate.
- Progress matters. Do the easier things fast that would have a small impact on the overall organization.
- Keep your product Stupidly , Simple and Smarty.
Jeff Bazos :
- Create a better product for your customers not colleagues or competitors.
- Be aware to hire the right people for your startup.
- Be stubborn and flexible.
- Don't Chase the quick buck.
- Be simpleminded (this one is good for customers)
Richard Branson :
- Give it a go. If you want to do something, have a go and do something.
- You should have more self-confidence and believe what you do.
- Find a like-minded people to run you business then you can free up more of your own time and think about moving your business forward.
- Trust your inner instincts.
- Have a sound business model and stand out from your competitors.
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