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WHAT IS STARTUP? WHAT TO WATCH OUT FOR A SUCCESSFUL STARTUP

Everyone with a full time, insured and with a salary, want to leave this and pursue a startup. But when we look around we see more failed startups than successful startups. Well, why do great ideas end in frustration, or why are so few successful?

startup

What is Startup?

whats startup

First, let us clarify what startup is; a startup is a trend business model. Startup actually represents the start of a company from scratch; it is an entrepreneurship.  At the same time startup is also known as “entrepreneur" in Turkish. What are the features that should be found at a startup? Here are the features that should be found at startup?

First of all, embrace your idea and be proud of it

Nobody wants to do a job that he does not love and does not do it with pride. Create an atmosphere where you will be proud of your ideas from the production stage to the difficult situations and where you will be happy. In other words, love your idea and startup to the point where you are proud of it.

Perfect is good but...

startup success

Yes! Everyone wants to come up with an excellent idea, to perform accordingly. But if there is an important starting point in startups, which is speed. Do not expect everything to be perfect. Always leave a margin, think logically at the beginning and set off on your journey. Sometimes the best ideas are lost in too much thinking.

Listen to your business partner and clients very carefully

We told you to trust your idea in the first article. But this confidence in the idea can sometimes cause entrepreneurs to come to the level where they can not hear anything. The most important feature found in a successful startup is; feedback from solution partners, business partners, and most often how feedback from customers is best assessed.

Being the only leader in a startup can mean the end

Having a single leader can be a good way to get things done quickly. But there is also the complete opposite of this. An order based on one person can also cause problems. One of the most common mistakes in the startups is assigning leadership qualities to one person. The system can be completely disrupted if the person pulls away from the business with problems that are not in his control.

Know the market

When we look at the most successful initiatives, we see that these initiatives have experience in the industry they are in. Therefore, either a startup must be experienced in that sector, or the market must be well known and explored before commencement.

Measurable, measurable, measurable!

Anything that cannot be measured in the startups is risky or uncertain. So all expenditures, all earnings must be measured and kept. 

Have a team proud of their work

One of the most important elements in a startup is a team that is proud and excited. A manager being the only one excited does not mean much. Always encourage your teammates to be proud and excited.

Do not be afraid of change

There are two types of startups: those who can change and those who cannot adapt to change. Those who can are able to see the advantages and disadvantages immediately and adapt whilst does who can’t remain loyal to their initial idea out of being emotional. Hence you can think of your startup as thoughts, as thoughts may always change.  Do not be afraid of change, you will not be betraying your startup.

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