8 Steps To Land A Successful Startup

Fall back on the right people

It may be deemed that entrepreneur‘s face the business world single handedly and that their journey to make ends meet is quite solitary. This holds some light but it is also considered necessary to have the support and help of loved ones for the accomplishment of one’s goal and for the well being of the emotional health.

Margaux Guerard, co-founder and CMO of Mem, says, "As an entrepreneur, you just can't do this alone. You need the mental and emotional support of your friends and family to help you weather the storm."

Effective criticism strengthen business ideal

Soliciting for feedbacks from potential customers in a must for bring up the business. These feedbacks pave the way for success through effective criticism, dos and don’ts and variety of perspectives on a single commodity. Founder and president of San Francisco-based American Giant, Winthrop, says that entrepreneurs will never know if their idea will fetch them success, the only way to find out is through effective criticism. "That required getting it onto backs and asking people what they would pay for it," Winthrop said.

Similarly in the case of physician Mitesh Patel, co-founder of Docphin, found the use of feedbacks valuable as it enable him to make the necessary changes in his technology.

"For us, it was all about finding out what is the value of the end user, and how can you get them to achieve that value as quickly as possible. What we found was the real value was speed," Patel said.

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