Skip to main content

How to Start a Startup?

This is a post of tips and ways on how to start a start up.
Paul Graham reveal an essay about start up, And after a long, I would like to recall it to interpret when and how to start up a start up. The essay put in some points. This are-

1.       See the future
People live in the past or current time, but they don’t try to live in the future, they can’t see the future. Past and present success stories is easy to analyze; and easy to follow that, but there is no guarantee of repeat of past or present success startups. Impossible can be possible. So, try to see the future, and find the idea for future business.

2.       Find what is missing in the world
Try to find out what is missing in the world. The missing thing or service can be the new product for your profit. People will be interested quickly. For instance, when phone had been discovered, the cover was missing at that time. And what is missing around us right now? Try to discover it.

3.       Note it down
Write down your thought, Scientist Einstein had written every time his thoughts. When you find something, no matter what it is, write it down for recall. Daydream is not valueless, your observation, washroom thoughts, ideas on gossips might be your next big project.

4.       Create a prototype
Most of the people forget about their thoughts even though those are written, because all ideas do not require final actions, When you make a prototype of your thought, you are one step ahead of the future of the business. A prototype is more than a simple written paper. It is design also, it is program too. Sometimes it is a physical part of the imagination.

5.       Show prototype to people
Sort some people to discuss with them about your prototype. Show them your prototype. Show it minimum 100 people. Let them to criticize your prototype. Try to sort trustworthy and honest people; otherwise they might steal your idea. Be careful about it. Why 100 people? Because, you need a floor of recognition on your project, you need to get a relax from the feedback about your prototype and future of that.

6.       Iterate
Some people might think and say your thought is not perfect, You might need to redo all from scratch.

7.       Search a co-starter
When you see the prototype is a real image and it starts making sense, come across one or more co-starter, who can stay with a new business for long. Who can take it as their life?  Sometimes co-founders are important.

8.       Regulate your start up
Go to a business lawyer who will register your business and company with regulatory bodies and tax offices. Who will help you to split your company values and equities correctly?

9.       Find investment
Build a first version of your product or service by your own money. Then, offer people to buy company shares; that mean you need investors to market your product over the market. So, you are in the highest stair, if you get fund.

10.   Launch the product or service
Just launch your product or service at this time. Add some extra features or values than 1st version. And get feedbacks. Analyze feedbacks.

11.   Analyze market reactions
Analyze market feedbacks, follow up with consumers. See users if they are coming back. Find out why they returning or why they are not returning. Analyze the reactions from the customers or users.

12.   Re-launch if fail
Re-launch your product or service with extra value all time till at least some customers are returning.

13.   Get 1000 customers
1000 users or customers are not a big amount. But your 1st 1000 customers are valuable to identify the weakness and hardness of your product or service. How to get 1000 users? You can go to the yard of the people by foot to find them.

14.   Set growth rate of the market
You can set your market growth rate by 5% annually. After setting this rate, just monitor the figure until you will have reached some years ends. One day you will have tons of users.

15.   IPO
It can be your dream, the IPO. When you reach to the IPO of your company that will mean the company is in a stable situation. It is also true that, many big companies haven’t gone to the stock market yet.

In the end, your thought is a big company, so, the 15 points of the how to start a start up is a good idea to apply to your business and startup. Good luck, beyond your performance. If you see this article about startup is helpful for entrepreneur, please share it with your friends on facebook, twitter and linkedin etc. Published on http://howmix.blogspot.com
Labels:

Comments

Post a Comment

Popular posts from this blog

How to Check the Watermelon's Status

Watermelon is a seasonal fruit and is a very sweet in taste. It is a fruit seeded for summer. But the Watermelon's status or its condition checking is important whether it is good or bad. A bad condition watermelon can be harmful to your body. Let's check how to check your water Watermelon's condition. How to Check water Watermelon's condition To identify the goodness of your watermelon you may find some signs of goodness. We are giving you the signs bellow.  1. Watermelon's coat will not be in solid green colour.  2. It's color may be like the coat of the nuts.  3. It will return a blank sound when you tap it.  4. Watermelon's inside will be solid red colour.  5. Its taste will be sweet and and will give you fresh smell. Conclusion  Watermelon is a cool fruit in the hot summer. A fresh Watermelon is helpful for your body. It can boost your body's immune system and help get stronger in reproductive health. Check the Watermelon's status now whether it...
Post a Comment
To read full topic click here »

How to write a love letter, some tips

Take your time to seat on the table. If a letter is rushed, it shows. Pause to think before each lines, and look up difficult terms before you effort to curse them to avoid unattractive crossing outs. The most significant thing about writing a adore letter is that it should approach truly from your mind. Don't duplicate some cheesy idealistic quotes off the web net, and don't let your friends/family write it for you. Let your spirit do the saying. If you scatter perfume make sure you don’t get the piece damp! If you haven't been going out extended don't be too onward. Love mail is huge as a "refresher" in a association, possibly for a particular centenary or such. For a imagine twist, mark the letter in calligraphy. This not only lets you imagine more about what you say, it also looks far more inspiring. If you place lipstick on do not wrap it all over the document. See h...
Post a Comment
To read full topic click here »

How to Be Happy at Work

Workplace is a place where we spend quarter of our time or even half of the daily time. Many of us are not happy at their work. But we have to have it clearly good, because it gives us money and knowledge every time.  Experts say, if you get your work place happy, you will get happiness from the other part of your life too. Your daily routine must be manageable, and then you can identify the meaning of your life properly. The answer of the question ‘ how to be happy at work ’ is not ready to be shown in a short line. You can start the ways of being happy at work bellow now. How to find happiness Leave your bed before 1 hour of going to work Morning is beautiful. See it and enjoy it, if you want to enjoy your life. Wake up before at least 1 hour of going to your work. Take some breakfast and water then going out for 20 minutes to do physical exercise or jog. After that, take a shower and take heavy breakfast and then go to your work in a fresh mind. To do this duty, yo...
Post a Comment
To read full topic click here »