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: […]

When to register a company – probably not as soon as you think

One of the first questions new entrepreneurs ask is when to register a company. The answer to this is, “It depends.” Before you even think about company structures, you need to establish that you have a viable business opportunity. Then, (and only then) decide when (or if) to move the business into a company structure, […]

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 […]

What is Entrepreneurship? – 3 essential things you need to master to make your startup a success

Welcome to the first of Ready Set Startup’s Starting a business: Tools and Techniques videos on “What is Entrepreneurship.” Get stuck into the video right here. There is a text summary below for those of you that prefer reading, however it is missing the diagrams that I show on the video.   What is Entrepreneurship? […]

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) […]

Start up fast: How to grow your business out of the baby stage

Last week I said to my husband, that I feel like I have this little baby that keeps crying and crying and won’t shut up! The baby is Ready Set Startup. And the crying is telling me it needs nurturing to keep it alive. The way to keep a startup alive is momentum. Momentum is […]

Startup Tip 38: No business data = no business. How safe is yours?

Today a friend of mine was burgled. Her phone, an iPad and her deceased father’s watch and wedding ring were stolen. But what she is most upset about is that her Macbook has disappeared together with a lifetime’s worth of content including all the files and business data for her business. She doesn’t have backups, which […]

How I created and launched a startup from an internet café in Zimbabwe, Africa

Young IT Entrepreneur – Munyuki Manatsa of mixdem.com Think you can’t start a business?  If this guy can do it, so can you! The inspiring story below is written by Munyuki Manatsa, a Zimbabwian tech graduate and now young IT entrepreneur who turned an 80% unemployment rate into an opportunity to create and  launch his startup, […]

Startup Tip 37: How to spot your 3 best opportunities for business growth

Our biggest challenges are our best opportunities for business growth It’s one of the quirks of our human nature that we tend to skirt around our biggest issues. Our biggest challenges are, by definition, the most challenging and hardest to solve. That’s why we tend to avoid them rather than do them first, because they […]

Startup Tip 36: Capture new business ideas & make them work for you

What difference would it make to your business, if you could tap into a never-ending source of new business ideas? What if I told you that you already had such a source that is always throwing new ideas at you? All of us have a phenomenal gift – our brains. Our brains will come up […]

Startup Tip 35: Get more done – take time off

There’s so much to do and not enough time Everyone starting or running a business has been in the position where it feels like things are a bit overwhelming. We’ve all wondered how to get more done. There’s so much to do and not enough time. You have to order new supplies, respond to customer […]

Startup tip 34: Banish doubt – Believe in yourself and what you do

Believe in yourself – This sounds really fundamental, but it is amazing how often we doubt ourselves and doubt the idea we are working on. I am evaluating a new startup opportunity right now and already I have gone from excitement and “this is the greatest idea ever” to doubt and “maybe it’s a dumb […]

The one thing that could make the difference between a successful biz and a failure

Okay! So it’s a bit of a dramatic title. But I want to get your attention because my topic today may sound boring but is really, really important to get to grips with if you want to build a successful business. Creating a startup is all about working in uncertainty. There are no guarantees and […]

Why having a bad business idea is a good thing

Aspiring entrepreneurs have two big questions: How do I come up with a good business idea? How do I know if my idea will make a successful business? In addition to this, most new entrepreneurs expect their first business idea to be a great one. I did too! However, now I know that in my […]

Startup Tip 33: How to automate your social media while still being human & real

Keeping up with the whole social media promotion merry-go-round can take a lot of time. Especially if you want to make real connections. There are some great tools that you can use to make life easier and automate some tasks. I want to use social media  to be a real person and genuinely interact with […]

Startup Tip 32: Feeling stuck? Create change to come up with new solutions

Sometimes even the best of us get stuck. It might be in something small like how to deal with the paper piling up on our desk or something big that really affects our business – like achieving product-market fit. And all of us are prone to inertia. Which means that when we get stuck, we tend to keeping spinning […]

Startup Tip 31: Control you email – so it doesn’t control you!

Update: Aug 2018 All the tips below are still great for getting on top of your email. But if you really want it under control, you need a system. The one I recommend and use is The Secret Weapon. (It’s free, can be used with OneNote or Evernote. Once you set it up, it’s simple […]

Startup Tip 30: Ask for a favour & get others invested in your success

“Entrepreneurs or executives often hesitate to ask for help because they worry about being intrusive or appearing needy. The truth is that it’s innately satisfying to assist others, and most people want to help. Next time you want to make a connection with someone, ask them for a favor. Request that they serve as a […]

Does every startup need an investor?

Does every startup need outside funding? Absolutely not. We can tend to get the idea from news reports and places like TechCrunch and Y Combinator that every startup has outside investor funding. But that is a misconception. There are many successful businesses that don’t have investors. In fact, if you can bootstrap and build your company without […]