07: 10 Important Lessons For Building A Startup
More of a visual person? Watch this episode with the slides below.
In this episode we’ll discuss the 10 most important guidelines to follow when you’re building any new startup.
Now, a startup is not the same thing as a small business.
A Startup is a human institution designed to create a new product or service under conditions of extreme uncertainty.” – Eric Ries, author of The Lean Startup.
The aim of a startup is to GROW as fast as possible.
Buzinga was a startup once, and we learnt quickly what decisions would be fatal, and which would help us grow to where we are today.
In this episode I’ll cover:
How to survive the startup phase, in 10 fatal commandments:
- Thou shall not build a unicorn
- Thou shall not focus on revenue first
- Thou shall not lack the ability to pivot
- Thou shall not be a lone warrior
- Thou shall not hire the wrong people
- Thou shall not launch at the wrong time
- Thou shall not startup without a plan
- Thou shall not mishandle finances
- Thou shall not think too small
- Thou shall not ignore hunches
Resources mentioned in this episode:
10 Successful App Pivots You Won’t Recognise From Their First Versions
Why We Chose Company Culture As Our Growth Strategy.
The 1 page, 20 Minute Business Plan For Startups
How To Perform Competitive Analysis On Apps
5 Steps To Becoming A Key Person Of Influence In Your Startup Niche
The 2 Forgotten Secrets to Startup Success
5 Lessons Every Startup Entrepreneur Must Learn
Hope you enjoy these little nuggets of wisdom! Let me know any suggestions in the comments.
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Where to go next
Listen to episode 6: 5 Low Hanging Fruits That Will Skyrocket Your Mobile App Marketing
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