Business Startups Work 10 Factors.
Startups That Work The 10 Critical Factors.
Hello Friends,That Will Make or Break a New Company After studying and analyzing 350 different startup companies over a four year period, a research team from Price Water house Coopers found these are ten rules of thumb-term success for a new company.
So,Today i will share you 10 critical factor of startup...
Let's Began...
1) Start with a group of at leat three or four founders.
2) Get a marketing person on your founders' team.
3) Build a network of talented people around you.
4) Concentrate on creating value, not exit strategy.
5) Manage your cash with financial discipline.
6) Target market which already exists.
7) Find a great first customer you can leverage.
8) Build a board who actually solve problems.
9) Make you offering unique and then brand it.
10) Be passionate and enjoy the ride.
"Simply following these ten rules of thumb will not guarantee success. You need good ideas and you need good timing. You need money and you need ability to generate enthusiasm.
You need energy - and the capacity to work long hours and stay up late. Still, after years research, we can say that if you follow these ten rules of thumb, your chances of success are certain to increase".
Thank you.
Startups That Work The 10 Critical Factors.
Hello Friends,That Will Make or Break a New Company After studying and analyzing 350 different startup companies over a four year period, a research team from Price Water house Coopers found these are ten rules of thumb-term success for a new company.
So,Today i will share you 10 critical factor of startup...
Let's Began...
1) Start with a group of at leat three or four founders.
2) Get a marketing person on your founders' team.
3) Build a network of talented people around you.
4) Concentrate on creating value, not exit strategy.
5) Manage your cash with financial discipline.
6) Target market which already exists.
7) Find a great first customer you can leverage.
8) Build a board who actually solve problems.
9) Make you offering unique and then brand it.
10) Be passionate and enjoy the ride.
"Simply following these ten rules of thumb will not guarantee success. You need good ideas and you need good timing. You need money and you need ability to generate enthusiasm.
You need energy - and the capacity to work long hours and stay up late. Still, after years research, we can say that if you follow these ten rules of thumb, your chances of success are certain to increase".
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