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Just Raised Funds? Do these 10 Things in the First 100 Days

By SiliconIndia  |   Sunday, 25 November 2012, 19:30 Hrs
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Bangalore: Most CEOs and founders keep “getting funds” as a goal. All their focus is directed towards achieving that. But there few who know how this new capital will be used. So they start putting it to work ahead of time.

Here are some actions that should be done by startup founders in first three months after getting funded:

1. Celebrate Victories

It is an achievement and a time for celebration. But spend much on it. Celebrate in a team-building way. Share the news of getting funded with your employees. Explain the potential and also share the credit. Ensure that everyone is covered and they give their 100 percent toward the same goals. This is the best way to reward and recognize the hard work of your employees and to excite them as this is the time when everyone needs to step up.

2. Show Gratitude

Gratitude is the best attitude. You should express it not just to your new investors but any customers or partners who were helpful during the whole process. Also make sure they are up to date on your plans and potential to reach towards that goal. These people who got you to this point are most capable of taking you forward.

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