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Define your niche, and how you will reach and satisfy your customers. Finally, the most important, define everything that is your business and what is not. This will allow your business to have an essence, and not to get lost looking for other opportunities that are nothing more than distractions and a waste of time for your company and its resources.
3. Know your business and your network: The growth of a company is related to growth of its network. Understand what your network can do for you and you for her so that your business grows. Be ready to sell your business to others at all times in a clear and simple way. Please note that sometimes 30 seconds could be the most you can get to convince a new customer or investor.
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5. Know what you're doing and keep it simple: Do what you know to do, using business models that you do not understand does not lead to anything, otherwise you will find yourself wasting your time and increasing the risk of failure given the way you execute your idea. In other words, Do not make a simple idea into a complex, the best way to guide a company is with clear ideas.
6. Focus on what you do best: Do not try to offer thousands of products and services if you are not really good at any of them. “Better a little which is well done, than a great deal imperfectly” (Plato).
8. Do your best for your company not for your ego:If you try to build a startup thinks like one. Be attentive to the costs, do not waste the money of the company in plush offices, new cars and travel, and reviewed twice each expense. Focus on understanding the importance of your company's cash flow and how to improve it. Finally, instead of bragging about having a business and being an entrepreneur, focus on working on your success and show it with facts.
rely on your team, friends, family, other entrepreneurs, people like to give advices, as they feel in a certain way in power and at the same time flattered. So listen carefully to what they might say, is better to learn from the experiences of others than by our own mistakes. Likewise, be very attentive in listening to your customers and employees. No matter if you're sure to be right, take a moment and listen, you never know when a brilliant idea can emerge. You need to appreciate the criticism of others is there where you can find factors for improvement. Dissatisfied customers are often the best source of insights for the company.