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4 Start-Ups You Shouldn’t Try

4 Start-Ups You Shouldn’t Try

Start-ups seems to be popping up all around the globe. It’s an amazing revolution that not only encourages entrepreneurship and ideas, but also allows people to solve the problems of people.

Almost anyone can get in on a start-up and doing it well can be a piece of the success puzzle but there are some things to think about before thinking of starting your startup.

Here are 4 start-ups you shouldn’t try, it isn’t conclusive but it should give you a good framework before starting your out on your own.

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    1. One without a solid team foundation

    A great startup is built not just by hard work, ideas and money. It’s built on a foundation of strong relationships.

    People think that by hiring an expert coder or a web designer to carry out a great idea will ensure the establishment of a great start-up. While that can work, for the most part, problems will arise.

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    Great companies such as Facebook and Google don’t just have people with great skills, they all have people who have great relationships with one another. It is also a reason why work culture is always emphasized.

    A start up without a solid team foundation will run into numerous problems. Without the necessary trust among the team members, it’s hard to get anything working.

    After all, if you do not trust your team with your big idea, it’s impossible for them to carry it out. Trust is definitely something that is built over time and it can only be built through strong relationships.

    When you are working on a startup, it’s like inviting someone into your house. I’m pretty sure you won’t invite a complete stranger into your house.

    So first establish trust, then start your startup.

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    2. One that has not been validated by the market.

    The purpose of starting a startup is to provide a solution to a current problem. While most of the time we do have great ideas and solutions to a particular problem, without market validation, the start-up is highly likely to fail. If the problem you are solving is a problem encountered not just by yourself but by most other people, you will have greater success.

    After having a rough idea on the service or product your start-up will provide, head out to society and start asking questions.

    Have a list of questions that are relevant to the service or product you are planning to offer in the future and ask for opinions. Don’t be afraid to ask for feedback or criticism because every single opinion you get can be a valuable tool in refining your what your start-up has to offer.

    3. One without a mission

    Any company without a mission is bound to fail. However, start-ups seem to be the “cool” thing to do right now and since there are so many books that can guide you in starting one, everyone believes they should start one.

    While everyone can definitely start a start-up, not everyone can make it last. Besides the obvious fact that revenue is important, the mission of a start-up should always be the main focus.

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    It doesn’t matter if your start-up is for a cause, for a profit or simply for entertainment, having a mission will ensure that every team member works toward a similar goal.

    Remember that beginning a start-up is not an easy task,  and you are bound to face problems and roadblocks along they way. However, when everything looks like it’s going awry, the mission of your start-up is what will keep you on track.

    4. One that is more or less a copy of an already popular venture

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      What makes a start-up successful is a unique value proposition. A great start-up provides the people with a certain product or service that they never had.

      That was what made Facebook and AirBnb so popular. If it’s something people have never seen or experienced, a unique value proposition is the ultimate selling point.

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      They say copying is the greatest form of flattery, and honestly it is. Unless you have something you are certain you can do better than an existing start-up, imitating their service or product is not a good idea. Especially if they have already existed in the market for awhile.

      Try to come out with an original idea, because what people are looking for is something fresh that can add value into their lives.

      Featured photo credit: Facebook Business via flickr.com

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      Last Updated on November 19, 2019

      Work Smarter, Not Harder: 12 Ways to Work Smart

      Work Smarter, Not Harder: 12 Ways to Work Smart

      I imagine that like me, you say that you never have enough time and that you just cannot cope with 60 dozen things all at once.

      How on earth do you get out of that spiral?

      Many people never sit down and look at how to work smarter, rather than harder and even longer hours. But not you, you’re smart enough to try to learn effective ways to work.

      So how to work smarter not harder? Here are 12 smart ways you should be following:

      1. Improve Your Time Management Skills

      Easier said than done? Well, no actually, because there are a few simple rules that can really help you to manage time better.

      For example, when setting up a top priority task, you need to switch off the phone and ignore your email first. Then you need to abandon any ideas of multitasking as that will slow you down and ruin your focus.

      Finally, set a reasonable deadline and do everything in your power to meet it.

      “When you’re born, you’re born with 30,000 days. That’s it. The best strategic planning I can give to you is to think about that.” — Sir Ray Avery

      2. Speed up Your Typing and Use Shortcuts

      These days we’re all keyboard slaves. So why not speed up your typing and try to get rid of the two finger syndrome. In fact, when you save 21 days per year just by typing fast!

      This is exactly what I am doing now, so I cannot honestly say I am practicing what I preach!

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      But help is at hand. Try some of these apps and games to help you type fast: 8 Most Effective Games and Apps to Learn to Type Fast

      Using shortcuts on the keyboard is another time saver and can speed up your work.

      For example, press F2 to rename a selected file, while CTRL + I will put selected text in italics.

      There are so many of these. If you make the effort to learn them, they really can be helpful.

      3. Learn How to Use Productivity Tools

      It is well worth downloading all the useful tools and apps that can highly boost your productivity. Take a look at these 18 Best Time Management Apps and Tools and install whatever fits your needs.

      Now that is really a great way of working smarter, not harder.

      4. Use Your Phone Wisely

      Instead of writing emails, sometimes it’s better to pick up the phone and talk to the person responsible. It saves time, especially for important or urgent discussions.

      If that colleague works in the same office, it is even better to go and talk to him or her. It gives you a break, you get some exercise and you actually make human contact which is becoming quite rare in this electronic world.

      5. Keep a Tab on Your Tabs

      If you are like me, you might well find that you have a ton of tabs open at the top of your browser.

      In order to find the one you want, you have to search for them as they are off screen. Having all these tabs open slows down your browser too.

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      One solution is to use OneTab which can keep a neat list on the screen of all these tabs when you want to quickly get to one of them or you want to remind yourself which ones you have open.

      6. Use a “To Don’t” List

      We all know about to do lists and I find that they are generally great. They give me a great sense of achievement as I cross off the tasks done.

      But often, I find that we are doing non-essential tasks or ones that can easily be postponed. That is why many people recommend the to don’t list.[1]

      Some people prefer to savagely prune the to do list while others prefer to have two separate lists, to do and to don’t. You just have to work out what works best for you when you are trying to save precious time to become more productive.

      7. Expect Failure and Fight Paranoia

      When failure rears its ugly head, some people get a bit paranoid and fear that this may become a trend.

      Projects will go wrong and failure should be expected rather than feared. Learning lessons from failure and analyzing what went wrong is the best way forward.

      “Do not be embarrassed by your failures, learn from them and start again.” — Richard Branson

      And here you can find 10 Great Lessons Highly Successful People Have Learned From Failure.

      8. Be Concise

      Rambling on at meetings, in emails and even when introducing yourself to new clients can waste a lot of people’s time.

      One way is to practice and sharpen your “elevator speech,”[2] which tells people in 30 seconds or less why they need your skills and how they can benefit from doing business with you.

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      Just think of the many situations where this could be useful:

      • Making new contacts
      • Talking about yourself at a job interview
      • Meeting people at conferences or parties
      • Phone calls to new clients

      9. Ask the Right Questions

      “You can tell whether a man is clever by his answers. You can tell whether a man is wise by his questions.” — Naguib Mahfouz

      How do you get feedback? The secret is to ask the right questions at the right time.

      When you do this, you are gathering the information you need to help in decision making. This will save you time and you will be able to cut meetings to a minimum.

      Forbes magazine reports on research that they carried out on asking the right questions.[3] When that happens, the positive effects are increased by 400%. There are also other benefits in staff motivation and a positive impact on the company’s bottom line.

      Lifehack’s CEO Leon has shared about how to ask for feedback to learn faster: How to Learn Quickly And Master Any Skill You Want

      10. Learn as Much as You Can

      You should always be on a steep learning curve. Look at your skills profile and determine where you need to fill a gap. Talk to important connections and network in your niche.

      Keep up to date on trends and developments. It is a fact-changing world. When an opportunity arises, you will be the best equipped to seize it because you have never stopped learning. Just another way of working smarter.

      “Live as if you were to die tomorrow. Learn as if you were to live forever.” — Mahatma Gandhi

      11. Look After Your Greatest Resource

      No, your greatest resource is not time. It is YOU.

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      If you do not get enough sleep, exercise and relaxation, you find that you become less and less productive. You begin to work longer and longer hours, which is the exact opposite of what you want.

      What you should be doing is making sure you are in the best shape. It is useful to remember that you need a break of 15 minutes after every one and a half hours of work.[4]

      Taking breaks and getting fresh air and exercise is one of the best ways of working smarter, not harder.

      12. Don’t Fall into the Trap of Working Smarter and Harder

      As a society, we are obsessed with doing everything smarter so we are more efficient and we save time all around.[5]

      But the most important thing to remember is to accept when we are ready to switch off that computer and not fill up the time with even more work!

      The Bottom Line

      The key to greater productivity is to work smarter, not harder. Working smarter saves precious time and energy for the things that really matter — your life goals, your personal growth, your health and your relationships.

      Stop working for more hours and start working smarter!

      More About Working Smart

      Featured photo credit: Unsplash via unsplash.com

      Reference

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