20 Tips for Startup Entrepreneurs – Infographic
Start-up is the toughest part of an Entrepreneur’s journey without a doubt. When starting out there are doubts about the viability of the venture; a scary feeling about venturing into the unknown and an excitement that makes you get up early in the morning with a smile every day during the early phase.
All this mixed emotions and the ups and downs of the start-up roller coaster could push you to retreat, but don’t, arm yourself with these essential top start-up entrepreneur’s survival tips so you can better manage your expectation and nerves.
We have presented these tips in an elegant Infographic that is suited to all busy entrepreneurs, small business owners and bloggers.
20 Tips for Startup Entrepreneurs – An Infographic from YourEscapeFrom9to5.com
Quick Summary of the Top 10 Tips:
- Focus – Focus on one task at a time, rinse and repeat. Don’t let new projects side track you.
- Know What You Do. Do What You Know – Don’t start a venture as it is sexy, trendy or your friend started one.
- Find People Who Know What You Don’t – It is important to know your limitations and to find advisors who can provide advice on topics that you are not an expert.
- Have a 30 Second Elevator Pitch – Most investors, customers and mentors are very busy and you need an elevator pitch that is ready to go so you can pitch it with perfection.
- Behave Like a Start-up – You are just starting up and you don’t need a fancy office or car.
- Learn to Swim from the Deep End – You will be under pressure from the get go. Be prepared to learn under fire.
- No Money is Coming Your Way – unless you create the cash-flow yourself. So start with what you have or redesign the start-up to fit the funds you have.
- Be Healthy – Start-up and entrepreneurship are a journey not a destination. In other words this is a marathon not a sprint.
- Don’t Fall Victim to Your Own B.S. – Promote your business ethically. Actions speak louder than words. Don’t over exaggerate; be honest and build trust.
- Know When to Quit – If the venture has nose-dived then don’t hold on to your ego and pride. Know when to let go and save what is left for the next venture. Take the hard earned lessons and remember a venture can go down but not a true entrepreneur.
To your success and an exciting entrepreneurial venture. Share it, if you like it!