Startup Tip 50: 4 reasons to create a community BEFORE you launch your startup

A lot of people build something, an app for instance, and then start marketing it to people to see if they are interested in buying it. This is the hard way to go about things. It’s like pushing a boulder uphill. Instead, start creating a community in your industry before you launch your startup. In […]

Startup Tip 49: New ideas can kill your startup

Entrepreneurs are often great at creating new ideas. It’s one of the things we do best. And it can become addictive. New ideas give us creative energy and fill us with optimism. We feel like we are on a high – buzzing. On the other hand, executing on our ideas seems kind of boring. The […]

Startup Tip 48: Give yourself a competitive advantage – Get organised & make your ideas happen

You want your startup to reach lots of people right? You’ve probably heard the saying in startup circles that startups are 1% inspiration and 99% perspiration. Or that execution is more important than the idea. Well, they are correct; organisation is just as important as ideas when it comes to making an impact. Why being […]

Startup Tip 47: Implement simple routines that create powerful change

This guest post by Laurent Vigneron is the last in a series on how to develop persistence.  We have discussed already about the importance of your motivation and your environment in order to be at your best every single day. These are two of the three keys of Persistence, which will enable you to move […]

Startup Tip 44: Don’t monetise too early

Don’t monetise too early? Isn’t business all about making money? Am I insane or what? Yes, yes and probably yes! 🙂 There’s one point of view that says when you start a business, you should always know how you are going to make money out of it. I agree with that and I also think there […]

Startup Tip 43: 4 tips to keep your motivation high

This is a guest post by Laurent Vigernon.  As an entrepreneur, your ability to keep moving forward, no matter what adverse circumstances come up, is critical for the success of your enterprise. Many entrepreneurs make the mistake of relying solely on their willpower to go through those circumstances, and they pay a high price for […]

Startup Tip 42: Decide to actually do, what it will actually take, to achieve what you want

That’s it! The headline says it all. Action: Get your head out of the minutiae of stuff that needs to be done and give yourself the luxury (and necessity) of an hour or two to plan. Decide what you want, work out what action it will take and then do it. Review your plan regularly. Further Reading: […]

Startup Tip 41: Don’t Mix Business with Pleasure – Financially, at least

This is a guest post by Andrew Dubinsky.  Keep your personal and financial records separate. 
This goes right along with my first tip. Don’t use your personal account to pay for business expenses and vice versa. Get a business bank account as soon as you can. Most business bank accounts now offer debit cards so you can still […]

Startup Tip 40: How to make sure you always have money in the bank to feed yourself

How do you make sure you have money in the bank so you can eat and pay your rent while you build your startup? Learn to invest. Yes, that’s right, LEARN to invest. No simple tips or tricks, just a journey that will take you many years but is well worth embarking on. “Hang on […]

Startup Tip 39: Keep good company records – even when it’s just you!

This is a guest post by Andrew Dubinsky.    Entrepreneurs typically fall into two groups: You’re either the sales-and-marketing-type or the brainy-investor-type. As the sales-and-marketing-type you excel at the creative side of business, (company records be damned.) The problem is, that from day one, you’ll be closely monitored and scrutinized by these (oftentimes quite boring) […]