How To Start Your Startup

The first steps in launching your project

The best idea for a project is born when you are a specialist in a particular field and daily observe certain problems or shortcomings that need to be solved. It is thanks to a strong desire to improve something that innovations and projects appear.

After the idea has appeared, you need to find a partner. I do not recommend launching a startup on your own. It is necessary to look for a partner. And it should be a person who is passionate about your ideas, who fully shares them. For example, many founders are engaged in the development of quite complex projects, but at the same time, they do it themselves and doubt their abilities.

For an investor, the risk is significantly increased if a startup is engaged not by a team, but by one person. In addition, finding a partner is also a good test of your strength. If you can convince one person that the project has potential, then you will be able to convince others.

Think about your startup ahead of time

If you still want to work alone, or just enlist the support of professionals, then study SaaS startup in detail so that you can make it easier for yourself and the people who will work for you. This will allow you to focus your attention on the main business, and a convenient SaaS will provide you with universal functionality and take all the unpleasant and time-consuming little things and will save both your money and precious time.

Search for resources for a startup

The next stage is the search for resources, money. At your own expense, you can create what we call a “minimal working product” that validates your most important hypotheses. For example, you had a hypothesis that there is a certain problem, the solution of which will be your product, and they will be willing to pay for it. Take as a basis a minimal hypothesis, without additional functions and “things”, and launch it on the market. Only after receiving feedback and ratings, the first feedback and if there are some results in the form of upgrades or improvements, contact the investor.

You can do without it, but it should be borne in mind that the development will be slower. Since there is huge competition today, regardless of the field of activity, investments will help to move faster. The standard condition for the development of a startup is an investment. It is necessary to look for an investor very actively.

I would also like to note that one of the most important stages in the development of a startup is its implementation. Even an idea is not as important as a competent implementation.

Conclusion

Be prepared for the fact that it will be difficult for a long time. Get ready for criticism and rejection. There will be a lot of the latter, but this does not mean that nothing will work out. This is part of the process. The world knows a lot of successful entrepreneurs who are already making big profits from their projects, and they have gone through a very difficult path with mistakes and failures. Everything will not work out at once, and this is normal. The main thing is to hold on. Everything will succeed if there is discipline and a desire to be successful.