12 Tips for Entrepreneurs

There is no good idea to execute, so it's worthless, too many people have the same idea. New products should be introduced as soon as possible, do not drag, or lose the opportunity. Entrepreneurial sincerity can be, do not have to stop when you encounter difficulties.

These are not hearsay to the shit, but I find out the sum of the little drops.

1. Your so-called good ideas are worthless before they are executed.

Nobody wants to sign your contract, nobody cares about your good ideas. Do you know? In Silicon Valley, anyone who has a VC or a network of people has heard the same ideas from dozens of hits, some of which are in the process of being executed. More people to communicate, get feedback, improve your ideas, of course, the most important thing is to turn it into reality. The value of a good idea is execution. Henry Ford knows this: "Dreams do not put into practice, they are mere illusions." ”

* I'm not a VC, but I know a lot of people in Silicon Valley, and even the ideas that I might hear from you are in the cocoon, not to mention the ones that have been harassed 3,000 times a year.

2. Clearly define the role of each founder.

Every founder of your company has the ability to make sure that they are competent for a different division of labor. If everyone's strengths are in the same domain, the company's flaws will be exposed more clearly. You need people who just want to concentrate on doing their job and need someone who can be trusted to do the job you're assigned. You also have to make sure that everyone has real talent, unless you are doing business development or sales, otherwise, you need to be able to make a real contribution to the product personnel.

3. Actively promote.

I know a lot of friends who have an idea that looks interesting, but they stay where they are because they hit a bottleneck and they don't move forward. A few months later, they watched other startups with similar product ideas get invested. In my opinion, these latter people are taking the initiative not because of how great their products are, but because they are pushing more aggressively. Meet the difficult, create conditions, make it happen. In your team, it's best to have one or two people who are good at doing this.

4. Launch your product as soon as possible, do not drag.

Perfectionism kills people. Hesitation and indecision will give you no valuable information about the market or your product. Very few technology products are "completed", and if they do, they may be one-off or outdated products. Don't wait, quickly release, and then slowly and repeatedly polished.

* I used to build the product, starting from the first week of user testing. People say that what they want to do is different from what they really do. You need to observe the user behavior as quickly as possible, rather than listen to what they say.

5. Ability to solve problems.

You can not be omnipotent, in the process of running the company will inevitably encounter some unknown problems. Creating a company from scratch is the core ability to identify problems and solve them quickly. You are like a contestant in the "Survivor" who tries to survive on the island, always resourceful to overcome the difficulties. To solve problems effectively, you need to be honest and open to criticism. This is also a good opportunity to practise the art of constructive criticism.

6. Be aware of yourself and be absolutely honest with yourself.

Creating a company from scratch is not an easy task. Fully understand the status quo, the process of defects, ebb and flow and the comrades around you. To be successful, you have to be absolutely, relentlessly honest about your strengths and weaknesses. They will go in the right direction and go bad, so the more you know about them, the easier you will be to succeed.

7. Have a vision.

People will ask you about the difference between you and your competitor x, y, or Z, and you're the only one who knows where your company is heading. If you're just a follower, you never know if something is going to work and you don't have a clear direction. Be pragmatic and understand your own direction.

8. Be open-minded to others for advice.

You cannot know the answers to all the questions and humbly ask for their advice from friends you respect. You are not alone, people will help you as much as you can. Broadly speaking, everything we do is helping human progress and development, isn't it? I assure you, there is always one person in this world who knows how to solve the problem you are facing. You know, the problems you face are not as unique as you might think. But that said, opinions are just opinions and cannot be directly a solution to the problem.

9. You are involved in a marathon, not a sprint.

Continue to work hard, but also pay attention to sustainability. The company is not established overnight, if you often work all night, finally tired down, it will not end up with good results.

10. Perseverance.

Start-up companies need time. Things are never as good as they seem, nor as bad as they seem. Stick to it and don't stop.

11. Enjoy the whole process.

As I write this, Miley Cyrus's climb jumps into my head, how many startups can do to Enjoy their entrepreneurial process? Entrepreneurship is indeed the result of one day winning the summit, but also for the whole process of climbing. The media are all over the night, but I want to remind you that it usually takes a year or so of hard work to win.

12. Fight for victory.

If you don't put your heart and soul into the game, you have no chance of winning. There is no such thing as a company made up of part-time people, which can suddenly swell up to be a legend of level 1 billion. (yes, you can make up a popular app like Snapchat in college, but once it's on fire, you'll have to put your heart into it.) ）

Note: This article is from Squawk Messenger's co-founder and founder of Streetartsf.com Chloëbregman. Original translation: Kryptoners