Category: Startup Business (Page 9 of 19)

Have you ever asked yourself what stops founders from being successful? What are the thoughts that impede entrepreneurs from doing their best? Here’s what Anna Vital thinks of the anti-success mentality:

• Self-Doubt
• Comparison to Others
• Fear of Change
• Fear of Failure

Here’s what it takes for a founder to succeed:

• Ability to take risks
• Deep thinker
• Hustler
• Creativity
• Design sense
• Courage & drive to get it done!
• Leadership
• Determination

What are the best times in your life to start a business?

The best times in life to start a business are when you…

• Just quit your job
• Just lost everything
• Just graduated
• Just broke up
• Just got hired
• Just came into this world (too early!)
• Just died (too late!)
• Just moved
• Just lived life as usual
• Just got sick (sorry, not a good time)
• Just got fired
• Just got a laptop
• Just feel in love (this can be distracting)
• Just started school
• Just got married
• Just got a kid (not really)

Just because you have a great idea, doesn’t mean you’ll succeed.  In fact, only 18% of startups actually succeed, and only a handful are YouTube or Facebook.  Even on your second time around, success is only 2% higher.  The reality is that it isn’t easy to get it right.  And there’s a lot left up to chance.

But don’t feel bad, even veteran entrepreneurs who’ve had a successful IPO, only have a 30% chance of success their next time around.  So go for it!  Remember, nothing happens unless you make it happen.

Suzen Pettit

by Suzen Pettit at Omaginarium

I was in the bank Saturday morning, waiting in line behind the cutest 4-year-old and his mommy I’ve seen in a long while. It was a long line, and Junior was getting restless. Read More...

What Entrepreneurs Do:

• Look Ahead
• Think of a Problem
• Tell People and Demo
• Follow Your Passion
• Use Your Gut Feeling
• Make a Prototype
• Do the Leg Work
• Block the Doubters

Take Action:

• Build Your Product
• Find a Cofounder
• Find Advisors
• Find Capital

What to Do:

• Stop Checking Email
• Hide Your Phone
• Stop “Studying”
• Focus on Your Success
• Turn Off the “Noise”
• Think
• Find Startup People
• Stay Here
• Value Your Time

How do you test your great idea for a startup to see if it actually has potential?

1. Buy 20 Strangers Coffee
2. Dine with an Influential Blogger
3. Organize a Focus Group
4. Pass out Fake Fliers at a Tech Event
5. Run Your Idea on Google Ads
6. Make a Video

Often people ask us how much it costs to do a startup. Here is the breakdown of the cost. If you do everything yourself – code, market, design – almost free. If you want to launch fast – the price ranges from $1k for a simple app to $100k for a functional website like quora.com or meetup.com

Learn how to go from idea, to product, to funding. Chritina Brodbeck, the original YouTune team member, teaches how to build your product and test the product-market fit. This is the ultimate startup crash course.