50 things entrepreneurs need to know

Original article link.

1.

Just do it.

Just do it

2.

99% of decisions can be changed.

99% of decisions aren't permanent

3.

Be cautious when recruiting people, And get dismissed quickly.

Be slow to hire and quick to fire

4.

The effectiveness of work must be evaluated.

Measure what you manage

5.

Customers are more important than competitors.

Competition isn' t as important as the customer

6.

95% of startups should not raise funds.

95% of startups shouldn't raise money

7.

Join the entrepreneurs group.

Join a startup peer group

8.

The biggest challenge brought by rapid growth is how to make every employee find the right position.

The biggest challenge with growth is keeping everyone aligned

9.

The price war is not far away, so customer service is fundamental.

Price differentiation doesn' t last long but customer service does

10.

The most important factor in success is choosing the right time.

Market Timing is the most important factor for homeruns

11.

Make the customer your salesman.

Empower MERs to help define new customers

12.

Create the best working environment for your team.

Create the best environment you can for your team

13.

Rather than making guesses about the answer, it is better to ask the correct question.

Asking good questions is more important than guessing the answer

14.

Establishing various interpersonal relationships will help you in the future.

Build relationships before you need them

15.

Make preparations for failure before starting the negotiation.

Always consider the best alternative outcome before beginning a negotiation

16.

Time is allocated correctly between external business operations and internal management operations.

Consciously balance time working in the business vs working on the business

17.

You only have one chance to get the first impression of others.

You only get one first impression

18.

What you do at the beginning may not be the thing that will ultimately make you successful.

What you start out doing isn' t likely where you'll find success

19.

If you are interested in the company culture, everything will be organized.

Get the specified ate culture right and everything will fall into place

20.

Don't think about how to exit in the future. This is the best exit strategy.

The best exit strategy is to not need one

21.

The biggest enemy of a website is the "back" button of the browser.

The biggest enemy of websites is the browser back button

22.

Regular income is the best form of income.

Recurring revenue is the best form of revenue

23.

Don't cross the river and bridge. The world is very small, and you will pay for it.

Don't burn any bridges as it is a small world

24.

Build a highly targeted brand and focus on all aspects.

Build a niche brand and curate all aspects of it

25.

The cyclical nature of startups is a sign of health.

Checking Ting and iterating is healthy in a startup

26.

Always require suppliers to provide discount prices.

Always ask for a discount

27.

Don't think that you thought of this idea.

Your idea isn' t unique

28.

Sharing ideas with others will bring you unexpected benefits.

Sharing your idea with others will lead to benefits you can't predict

29.

The simpler the better.

Keep it as simple as possible

30.

People recognize the company rather than products.

People identify with companies more so than products

31.

It is only for the first time that it is worth spending money to ask professionals (lawyers, accountants, etc.) for help.

It's worth paying a professional (lawyer, accountant, etc) to do it right the first time

32.

Set a goal and get used to the decision-making information you get.

Set Goals and adapt to changing information

33.

Storytelling is the most powerful means of sales.

Storytelling is more powerful than marketing

34.

Most start-ups set their product prices too low.

Most startups initially price their product/service too low

35.

You must have time to think.

Make time to think

36.

Focus on the company's pace, statistics, and priorities.

Focus on rhythm, data, and priorities

37.

Do not describe your business as a brand-new model, but use Traditional Industry examples.

Develop offline analogies to describe your startup

38.

Opening a company is not just for money.

Companies aren't just about profits

39.

Even a small victory is worth celebrating.

Celebrate the small protocols ies

40.

You must develop strengths and circumvent weaknesses.

Play to your strengths

41.

Do not be influenced by users' opinions.

Be opinionated about your product when considering Customer Suggestions

42.

Know your own characteristics and clearly express them.

Know why you're different and clearly articulate it

43.

Do not build a car behind closed doors.

Don't develop products in a vacuum

44.

With employees, customers, investors andCommunityTo maintain regular communication.

Regularly communicate with employees, MERS MERs, investors, and the community

45.

Everyone who is important to you must maintain a good relationship.

Remove friction for all stakeholders

46.

No decision-making basis can be found, and people will make up on their own.

Absent information people make up reasons

47.

People have limited energy and can do up to three things at the same time.

It is difficult to concentrate on more than three things at any one time

48.

The person you hire determines everything.

Employees are the most important stakeholder

49.

There is no perfect plan.

No plan is perfect

50.

You are "playing" entrepreneurship, not Entrepreneurship.

Consume the startup but don't let it consume you