1. Don’t be afraid of failure. Learn from it and move on. – As Vlad Barshai, Co-Founder of Pinerly says, “The reality is, for first-timers, you’re more than bound to fail. So fail and get up and do it again, and again. Eventually you’ll learn and end up hitting the right market.”
2. Just do it. At some point, you have to put the books down and get started. – Alexander Debelov, CO-Founder and CEO of Virool says, “You can spend a lot of time fleshing out a business plan, reading a lot of books, making presentations – but what will actually make your business is your first customer. Before you do anything, find your first customer. Try to sell them your idea. Even if they say no, it’s going to power you up.”
3. Be smart about hiring your team. – Roman Karachinsky, CEO and Co-Founder of News 306 advises, “Spend time thinking about strategy in terms of building the team, the culture, and don’t do it as-you-go. Have a plan. It may not work 100% but it will help.”
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