How to start building a startup in 2022 for free.
STEP 1: DEFINE A PROBLEM
Describe your future customer in detail
Make sure you define a clear, big problem they have
#startuptips#startupgrind#DesignThinking
Here's an unorthodox way of funding your startup
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Founders dodge this habit like the plague.
Stop procrastinating. Think long-term. start talking today.
Share if you care πͺ
#startups#entrepreneurlife#founders
This is your transformational startup superpower
It's a habit that costs you nothing.
But most entrepreneurs don't use it.
Most entrepreneurs are afraid of the hard work it takes to build this habit.
It's as simple as having a call with at least 1 customer every single day.
That's it.
No 14-step process to startup success.
No surveys. No upsell.
Just build strong relationships with your customers by speaking with them every single day.
Ask questions like
"what's the biggest problem you're facing in your job right now?"
and
"Can you walk me through the last time you experienced this problem?"
Try out these questions
I guarantee you'll gather some amazing customer insights that will help your business
Do this next time your speak with customers:
Instead of selling your solution
Try listening to their problems
Most founders don't get this but in order to sell something you first need to make sure there's a real customer problem that you solve
#startups#founders
Free ride to the edge of space?
Here's how you could win that along with +$1m in prizes
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πSolve any of their 42 challenges
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If youβre even half thinking of starting your own company do this
Start posting daily about your area of expertise
No need to mention your potential Company.
Just start posting.
Worst case you learn a new skill & grow your network πͺ
#startups
@TheOnlyFintanK Congrats on getting funded!
Its a great achievement but based on the stats lair VC backed startups@will fail
Always good to put revenue first and to have a few other good options up your sleeve π
@getdailyidea Great answer! I firmly believe founders should focus on their business and not constantly worry about competition.
Do your best job, look after your customers and success will follow πͺ
How do you protect your startup idea?
Patents are one way of course but only work for specific types of tech ideas
Software is tough to patent.
So do you just stay in stealth mode for ages & avoid speaking about your idea?
#startups#startup#entrepreneur#patent
For example consulting does not scale easily
but can bring in early revenue
and help you build relationships with customers while you continue developing your main product.
Share if you care πͺ
#startup#startupfunding#VentureCapital#investment
7. CUSTOMER REVENUE
What? this post was supposed to be about FUNDING.
I know. But you should never miss an opportunity to make money.
Lower the expectations for completing your "full" product and see what value you can deliver today to generate revenue.
You won't regret it.