Apr 27, 2022
In Business Talk
The more specifically Industry Email List you define it, the more targeted you can make your offer. You can always broaden it later. What you also need to make very clear is the reason why someone would purchase the Industry Email List product or service. What problem will it solve for the customer? Finally, you determine whether the plan is feasible. What are the expected costs and benefits in the short and long term. Maybe your start-up is brilliant, but realistically not profitable. That should be a good reason to end it at an early Industry Email List stage. Also read: 10 things you need to know for a successful startup 2. The start-up team The composition of a team is for a start-up for a lifetime. It is important to bring the right mix together. Three marketers forming a Industry Email List company together is a bit unbalanced. More is needed, such as someone in the field of technology, but also finance and administration. Hiring the right people also remains a challenge. Always trying to find people from whom you as founder can learn something is the art. If you have not Industry Email List brought in the right person, do not hesitate to say goodbye quickly. That is why those first months are called probationary periods. You have to bind and captivate the employees who are Industry Email List crucial. You do the latter by providing challenges. The former is often successful with share packages, which can only be cashed in after a few years of performance. The adage for every Industry Email List start-up: Think big, act small! 3. The product Yes, that's what it was all about. You came up with something By quickly developing a prototype in the form of a Minimum Viable Product (MVP), you can test how 'the market' responds to it. Don't make the mistake of considering your family, friends and Industry Email List acquaintances as 'the customer'. Their friendly feedback is usually of no use. You need to test the MVP with a specified target audience. There you can investigate whether there is a Industry Email List problem-solution fit. In other words: does your product solve a problem for the customer. Your solution may not be the right one. But it is also possible that you discover that the problem does not actually exist.