Although an entrepreneur has been in the business world, there are always new challenges that he has not been known. Sometimes he feels overwhelmed and wants to get advice from those who are already running the business in the same field because as we already know, the dynamics in a very high startup and draining. Here are some things that can be learned from the experience of the new entrepreneurs of other entrepreneurs who had already plunged.
Investors
When an investor says not at the request of your investment, you should start to improve yourself and your business in many aspects. It could be the way you are presenting in front of those who are less convincing, the numbers are too bombastic, and so on. Feel free to learn pitching from their more experienced. Attend events and observe their pitching.
Usually a startup get major capital business and then following a few rounds of funding as agreed with the investor concerned. After obtaining this funding, the founder and owner startup generally rejoices could take his salary and the salary was certainly great. Unfortunately, not so fast. Ideally, the founders have to control yourself to receive a salary that is not overly burdensome business finances is not yet stable. Because if it is done, it's a big salary will probably have a major impact on business continuity. You can lose a stake in the business in the future if it is too greedy with salary.
Negotiating
You use the services of business adviser or mentor or advisor? Wise in cooperation with them because they usually require compensation in various forms, such as a share in business ownership. Although many things that can be absorbed from them, make sure that the results of negotiations will not undermine your efforts in the long term.
Useless event
What you usually get in gatherings inter startup not everything is beneficial and can even be obtained online. However, do not avoid all such events. Go if the event was to invite someone who you want to learn or get the cooperation. Always look whether the audience present more competent than you or not. If the same or better consider once again.
Hung up on one place
While working as an entrepreneur who makes a product, try to not only make it based on a certain place because it will be difficult to develop. And if you receive advice from more experienced entrepreneurs, do not forget that they are still not your customers. Come down to the field and know what consumers need.
Earn money
Begin to sell as early as possible in your startup because this is what reduces the risk of burnout or run out of funds. Always remember your sales sector.
Experience
When recruiting people, not just focus on their experience. The experience was not in accordance with the character or condition of your current startup. They were successful in large companies not necessarily succeed at startup which is still full of struggle.
Friends
Just look around you. Do you hang out with a lot more successful or less successful entrepreneur? Association you define yourself as well.
Beware of envy
Working in the other startup of large companies established. People at a startup to work hard, earn a salary that is not much and the risk is higher. It needs to be known by the new entrepreneurs because they are widely thought to work in a more easy and convenient startup of large companies.
Surviving
If you are someone who understands well the world of technology, try to efforts in that field. Willing to invest in the industry you knows well. Do not invest solely based on personal preferences, or mere emotion. And do not start a business in the area is on the rise but you do not know at all.
Best for you
Not all of the advice that is suitable for any entrepreneur. Entrepreneurs rely more on their own efforts and experiences because who else is familiar with one's business except the entrepreneur himself