1. Make a business plan
Having an idea is one thing, but having a legitimate business plan is another story. You outline what you want to do and how you’re planning to do it.
2. Secure appropriate funding
You’ll need adequate capital to get yourself off the ground. Even if you start an app with only a few people, it’s going to cost you anywhere from $10,000 to $100,000. And that’s just to make it. Have a solid plan for your financial resources.
3. Surround yourself with the right people
Certain people often get overlooked when entrepreneurs are getting their businesses started. How many people do you need? It depends on the industry.
4. Find a location and build a website
Your startup company needs a physical address and a web address. Don’t wait until the day your business officially launches to get your website off the ground. It’s never too early to start promoting your business.
5. Become a marketing expert
If you’re not a marketing expert, you need to become one. You might have the best product or service in the world, but if nobody knows about it, then your startup can’t succeed.
6. Build a customer base
You don’t need 1000s of customers, a handful of good customers can completely change your business.
7. Prepare for anything
Expect the unexpected. Launching your startup company won’t be easy, and you need to plan for some hurdles along the way. Don’t let these speed bumps become roadblocks.
8. Have an idea?
Do you have an idea you believe is scalable and can solve an existing problem but you lack resources to get it off the ground?
9. Pitch Today
Pitch your idea today at Khudra. Turn your idea into your business.
