Showing posts with label founderproblems. Show all posts
Showing posts with label founderproblems. Show all posts

Top 10 Books That Every Startup Founder Should Read

Book reading is the best hobby for most of the people and it helps you to enrich your knowledge. Especially startup founder must read many books to improve their product and implement some strategies to sustain.

I hope the following books which help startup founders to move on their startup to next level.Let us see the top 10 books that every startup founder should read.(It's not in order) 

1. The Startup Owner's Manual by Steve Blank


                                                        HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS
This book is the bible of the startup.The author had discussed the step by step instructions on building successful,scalable,profitable startup.Every startup founders must have this to enhance your startup.

2. The Lean Startup by Eric Ries

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

This book deals with the new approach to run a startup in an innovative manner. It helps you to run a startup in different method of approach and bring your business idea into a successful and sustainable one. 

3. Entrepedia by Nandini Vaidyanathan 

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

It provides overall idea about the business. Here the author discussed about everything like how to get ideas, how to find our co-founders/partners, step by step approach for startup etc. This book will help you to get motivated on facing the problems.

4. Zero to One by Peter Thiel

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

This book helps you to craft your thinking into the different perspective and push your startup forward.It helps to fire you up and provides more enthusiasm.It was recommended by such entrepreneurs as Mark Zuckerberg and Elon Musk.

5. Hooked by Nir Eyal

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

This book discussed four step processes about the customer behavior. It helps you to teach like how to attract the early customers,how to get the users back etc.

6. Creativity Inc by Ed Catmull

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

This book describes how to build a creative culture within your startup or company.It helps you to get motivated and your team.The author Ed Catmull who was the Co-founder of Pixar animation studios explains about creativity in business.

7. Tested Advertising Methods by John Caples

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

It helps the founders to acquire customers by using some marketing techniques. By using this book you can able to create successful advertising features with limited revenues and it helps mostly for small business and non-profit organization.

8. Predictable Revenue by Aaron Ross

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

This book is the sales bible for startup founders and helps you to build a sales machine. It motivates your sales team and helps you to reach your financial goals in an efficient way.

9. The Hard Thing About Hard Things by Ben Horowitz

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

In this book the author gave advice to startup founders on how to build and run a startup. The author had shared some insights about the problems faced by the leaders/founders etc.

10. Stay Hungry Stay Foolish by Rashmi Bansal

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

Book that traces the success-stories of twenty-five graduates from IIM-Ahmedabad. They decided against going in for regular corporate jobs that most of their classmates opted for. Instead, they chose to become entrepreneurs, choosing to carve out their careers, with their own hands.This book may boost your confidence and keep motivating every day.  


Top 10 Ways to Find Co-Founders for your Start-up

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

So now we know the importance of the co-founder for startup. Suddenly million dollar question strikes in your mind - " How do I find a co-founder? "
Here I have discussed the solution for your question - top 10 ways to find your co-founder.

Friends from school/college
  • Generally friendship begun from school/college. If you have an idea to run a startup find out your old friends and convert them as co-founder.
  • Rather than other people, old friends from school/college are more trustworthy.
  • For instance, co-founders Zalmi Duchman and Yos Schwartz, who founded FreshDiet.com in 2006. They got to know each other when they roomed together in boarding school.

Your parents/siblings
  • Starting business with your parents has more advantage. Probably you got a big support for your startup especially in finance or investment.
  • If possible you can make your sibling as co-founder for your startup. Instead of other people, your parents/siblings will take more responsibility for your startup.
  • For instance, twin brothers Sam and Andy Prochazka started Novosbed, a memory foam mattress company. Then, they recruited their sister, Helenka.

Former co-workers
  • If you are working in a company before startup, you can able to recruit your colleague as co-founder. Because, you know very well about him and their talents.
  • If you've worked together as employees, you might be able to work together as co-founders.
  • For example, Ari Tulla and his co-founder at BetterDoctor.com, who had worked together at Nokia.

At meet-ups
  • Tech Meetups are great places to find co-founders.
  • Startup events pull in both kinds of people - technical and business-minded.

On social media
  • Social media plays a vital role to connect with new friends around the world.
  • You may get a better co-founder via social media.
  • You can able to talk with those people very easily and quickly like chat.
  • For example, Cofounders John Steinberg and Scott Hublou of EcoFactor met through the networking site.

By entering start-up contest
  • Most of the contest will be conducted for Start- up. Maybe you won't leave with a prize, but a partner.
  • It’s easy to choose your co-founder who fits your start-up.

Former vendors
  • If you have a valuable start-up idea you can recruit vendors as your partner.
  • Do a couple of projects together before you make a full commitment.  

Former boss
  • If you liked working with each other in a hierarchical arrangement, maybe you can work together.

At office events
  • At events you see most of the people would come with different experience and knowledge.
  • Just have a conversation with them and make anyone as your partner.

Online websites
Ref : http://www.inc.com/bill-murphy-jr/50-ways-to-find-co-founders.html 

Top 3 Reasons to Recruit Co-Founder for your Startup

HELP ENTREPRENEURS TO RUN A SUCCESSFUL START UP BUSINESS

When you have the idea for your new startup it’s easy to get started. After you begin executing on your new idea, you realize that lot of works to be done. Starting a business is hard. Here I have mentioned the top three reasons to recruit Co-Founder for your startup.

Unburden your work:
  • Many people imagine that a CEO merely sits in his office thinking big thoughts. This may be happen in big companies and not in startup.
  • In startup you have to do everything to turn up your smaller startup into a larger company. 
  • So you have to involve with PR, Legal issues, partnership, product decisions, marketing, product development etc.
  • So much time is spending while deal with the above things. Only a co-founder can able to unburden your work and time than your friends or parents.

Long term Advisor: 
  • Generally every Founder makes a mistake while running a startup, because they don’t have the experience in business.
  • Founder rush up the process and make some bad decisions rapidly. Co-founder plays a role here to resolve the bad decisions.
  • Keep in mind that Co-Founder job is to provide you with advice on a needed basis, which is going to be for small or big decisions/ problems.

Strong motivator:
  • For every business we need a strong motivation to make the business more successful.
  • Co-Founder helps you to away from your worries; he motivates you daily and gives some tips to overcome the issues/ problems.
  • Rather than your friends and parents cofounder motivates you regularly and yield positive output from you.
  • The Conclusion is clear: If you are creating a startup get at least one partner.

Top 3 Essential Tips for Generating Startup Ideas

Tips to Generate Business Ideas 2019 for Startup or Small Scale Business.

Do you want to become an entrepreneur ? Do you have a plan to begin a new start up.
If the answer is yes ! You are in a right place.
Ideas can come from anywhere. There are no hard fast rules for generating startup ideas. Some of them may turn into profitable businesses, and some may not.
Here we go!!  Below are some of the three essential tips I like for coming up with and filtering ideas.

Start with understanding the Problems:
  • Having a problem is often a strong motivator for someone to buy or use a product. Many of the most successful companies start by solving a problem.
  • Observe the daily activities of the people who are living around you like, their shopping habits, reading habits,ways of using the technology, entertainment etc. 
  • Analyze the problems faced by the people on their daily activities and make a note of it.
  • Highlight the major problems faced by people.

“ When you say "I" and "my" too much, you lose the capacity to understand the "we" and "our".-  Steve Maraboli 
Scratch your Own:
  • You can be your own customer. In fact, some say the best ideas come from one's own problem.Be observant of your day at work or outside of work. Look for tasks you find challenging or take a long time.
  • Next step is you have to decide your Category / Segment - like Product for Business, IT -Companies, E-Commerce, Manufacturing, Education or General Consumer Product etc .
  • Category / Segment will be selected based on the problems faced by you and people.
  • If you got solutions for the problems previously,then think about the alternate solutions. If you don’t have the solution for the problems then think new.

Do Research:
  • One way to learn about problems worth solving, is simply to be observant to what people complain about. Instead of picking ideas out of the sky, we're simply solving problems that we know people have.
  • Start your research with real people who are all falls under your Category/ Segment.
  • Ask questions like
    • What’s your problem in your day to day activities?
    • How should you solve these problems currently?
    • If we provide better solutions what will you do?
    • What are the main drawbacks of the current solution?
  • Ask the questions to 100 - 300 people or more,because it helps to understand the real problems faced by the people.
  • Compare the data and find out the common problems faced by most of the people. Think about the solution for the problems and validate the solution with people.
  • Finally you can come up with ideas for your new startup.