10 Tips for Entrepreneurs in 140 Characters
I would to share today 10 tips in 140 characters or less I learned from my past work experience, my observations of other startups and from my own experience with ArabCrunch since it has been around 6 month when your startup ArabCrunch got funded and moved from a one man show to a team based venture:
1- Set priorities early: identify what are the most important things you need to do in the first 2 month after getting funded and execute.
2- Hire early: hiring should be in your top priority, you wont have the time to make your startup grow alone.
3- Know your self well: your strength, can you or your partner be CEO? if not hire one.
4-Stats stats stats: know your stats by the day, week and the month, if not as they should be, arrange group meetings and irritate.
5- Do your finances: record your self- every penny (Derham) you spend, accountants do mistakes!
6-Identify essential skills: Arab market is short of managerial & marketing skills, understand what is the minimum skills early.
7- Look for mentors: understand early-on what type of help you need, no one is an ultimate guru, ArabCrunch.NET can help you for free here.
8- Set your company culture early on: if you set the wrong culture it will creep with you as your team grow.
9- Delivery on-time: make sure you and your team deliver on time, if you do not do so, you will never finish projects & you’ll loose markets.
10- Reward your fan base: fans are the ones who are promoting you for free, make sure to engage them at least with “Thank you : -)”
11- What is your 11th?