Advertising
Advertising

Five Motivational Tips for Launching a Startup in 2017

Five Motivational Tips for Launching a Startup in 2017

Launching a startup is tricky business. There are few detailed roadmaps for how to do it successfully and most of the time it comes down to a good idea, a lot of hard work and a bit of luck. Not all startups are created equal.

But it’s not all just walking blindly in the dark without a guide. There are some things you can do and not do when launching a startup in 2017. Here is a list of five things to consider:

1. Just do it

As the part time philosopher and famous shoemaker once said – just do it. Begin. Whatever doubts you have, stop. Don’t worry about doing it perfectly from the beginning, or about making mistakes – you’re going to – so simply push them aside, don’t let them get in your way.

Nothing comes from nothing. Register the domain. Write some code. Get your logo designed. Your willpower is an incredible asset – it’s like a force of nature.

Advertising

So do it. Now. Just start. Why not?

2. Singular brand focus

Branding is crucial for any new business. You are your brand, and if it’s unclear to you what you are and who you are, then it will be unclear for everyone else too. Valentin Stalf, co-founder of the online-only bank N26, discusses their strategy here.

Essentially, they decided to build a mobile-first app, an app built with great design as the guiding principle. Rather than building something purely functional, and later asking the user to learn how to use their app because it has some potentially good features they might want to use, they built an app that people want to use – that people understand how to use right away. There was nothing accidental about it, their focus when developing the app was solely on making it a good experience for the end user and so far it’s succeeding for them.

What is your focus? What will you do that nobody else has thought of yet? What will you do that’s better than what’s currently available.

Advertising

3. Don’t be afraid to ask questions

Reid Hoffman, the co-founder of LinkedIn coined the phrase (and later wrote a book about it) “live life in permanent beta.” This is an important message as it conveys one of the struggles encountered in every startup. It’s easy to become confident when things are going well, and it’s easy to find yourself looking internally rather than externally for answers to questions that arise.

You’re not going to know everything. Sometimes you’ll need the advice of experts. Just remember that it’s not a sign of weakness to ask questions, it’s a sign of strength – of knowing your limits. Just as it’s equally important to remember that there is no finish line. Your product will never be done. Keep working and keep asking questions.

Live your life in permanent beta.

4. Find funding from the right investors

It’s important to surround yourself with people who share your vision. This applies to employees and investors alike. It’s critical that your investors understand what it is you’re trying to achieve with the business, that they understand and trust your decisions even if the path forward isn’t always clear.

Advertising

There are a few great options online to help you get started with finding the right people. Kabbage is one of the best options out there right now. It takes moments to apply and review your business performance. There are many options out there from companies like Square, with Square Capital or Fundbox. There have never been so many options available, and it’s key to get this partnership right if you want to grow your business the way you want.

5. Don’t lose your great company name

Registering your business name online is a snap with a multitude of online business registration sites. There’s no doubt that you should register your business name as soon as you know what it is, and it’s never been easier to do so.

Beyond losing your name to someone else, in most states, it’s the law. The exception to this is if you’re a sole proprietor or freelancer using your own name to conduct your business. John Doe, the freelance carpenter, doesn’t need to register if the business is solely in his name. Otherwise, it’s the law, as the public needs to know who is running the company.

With any online services, it’s easy to do. So don’t wait! Register your business today, and in 2017 you have one less thing to worry about on your path to conquering the world of business.

Advertising

As 2017 is right around the corner, now is the time to get started with your company today! With a new administration coming, it’s a great chance to kick off your new idea!

Featured photo credit: Startup Stock Photos via stocksnap.io

More by this author

The Most Important Takeaway From Jimmy V’s 1993 ESPY Award Speech That We Forget 7 Ways To Engage Employees With Training Five Motivational Tips for Launching a Startup in 2017

Trending in Entrepreneur

1 13 Characteristics of Highly Successful Entrepreneurs 2 How to Start Working for Yourself and Become Your Own Boss 3 Top 5 Easy-to-Use Accounting Software for Small Businesses 4 10 Best Success Books You Need to Read to Be Great at Business 5 16 Young And Successful Entrepreneurs Who Prove That Age Is Nothing but a Number

Read Next

Advertising
Advertising
Advertising

Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

Advertising

“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

Advertising

The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

Advertising

You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

Advertising

Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

Read Next