10 Startup Business Tips to Keep in Mind

  1. Select industries that have a future: Select and serve an industry that is trending upwards. There’s no point in offering services or products for industries that are dying.  Your business will have no future.
  2. Evaluate your ideas: Collect your best ideas for your future business then invite a small group of people you trust and have them evaluate your ideas.  If they like your ideas so much they may want to invest in your startup or even become a part of it.
  3. Fill gaps: Look for problems that need to be solved by your business, especially those not being solved by other businesses.  The greater the problems, the greater the opportunities.
  4. Moonlighting: Start your business in your spare time while you are still working. Finding clients and finding employment is very similar.  Creating your personal website is a simple way to help you find employment or new clients.
  5. Funding: Try to stay self-funded as long as you possibly can then consider crowdfunding by smaller investors before seeking larger investors.
  6. Focus on services, not on your products:  Products can become obsolete quickly.
  7. Start marketing your products or service even before you start your business, even get customers before you start your business. Don’t forget to include the social media in your marketing strategy.  You also must be constantly networking.
  8. Staying passionate about your business: This will give you the creative energy you need to to keep on going through slumps. “When you find an idea that you just can’t stop thinking about, that’s probably a good one to pursue.” – Josh James
  9. The best customer service strategy is the golden rule.  Treat others as you wish to be treated. Also, focus more on your customers, not your competitors.
  10. Have a good mobile-ready website.  A considerable part of the market is using smartphones and tablets to access the Internet.

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