Thumb Rules You Must Follow When Launching Your Startup

Thumb Rules You Must Follow When Launching Your Startup

1. Never buy an office!

 

If you have just started up and thinking about building a team and a billion dollar product, you must have imagined all that happening in a well furnished beautiful office. So now, you must be thinking to put money into getting an office on rent, well DON’T. While doing a startup, every penny counts. Try not starting up in an office, rather use your home, your dad’s office, your dog house if you have to (well, your dog can be a good co-founder, by the way, more on that later 😉 .I got my first office space by making a deal with my client that I will do his work for free for a year but I will use his office space to do that and will not pay for electricity and the internet.
Not that I didn’t have money to spend (yes, I am bragging B-) …), but I would rather spend that on hiring a good developer, which I did.

Check it out : – We at Editsoft

2. If you need a Sunday, your startup is a hobby

 

Many people fail to realize it soon but most of the entrepreneurs that do startup are just doing it as a hobby. The first year is very crucial for any startup. You have to work really hard to get your business off the ground and into the market. Cut out any distractions you might have and focus solely on turning your business profitable. “Sales cures everything”

3. “Buy groceries and call mom”

 

Time management is a very crucial thing to learn. As an entrepreneur, I can tell you that you will always have this feeling that you need more than 24 hours in the day to accomplish whatever you have planned for that day.Time management is the only way to increase the hours in your day. The sooner you learn to manage your time, the sooner you will increase your productivity.The calendar is your best friend; put everything on your calendar. Never make a to-do’s list because it will never be completed.Filling your calendar compels you to prioritize your work and put a definitive time on it. There is nothing personal or professional about it, everything must go on the calendar whether it is ‘Meeting with Investors’ or ‘Buying toilet papers’… don’t skip anything.

3 thoughts on “Thumb Rules You Must Follow When Launching Your Startup

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