Many entrepreneurs are not so fortunate that they can learn the lessons of successful entrepreneurs, and such entrepreneurs who know the lessons of successful entrepreneurs and understand them and go on the path of their learned lesson, they later earn a lot of fame.
Startups always have problems. Even when you think you are giving your best effort, it may not be enough to get it through. Truthfully, most people fail. But do not let go of your dream yet, if you really believe that you have something incredible to share with the world (and that there is a market for it), get high! Do not be discouraged by the number of times you have tried something and failed, be inspired by the number of people who have failed and who are successful entrepreneurs today.
Here are some of the most important lessons of great entrepreneurs to build a startup.
- “The user experience is everything. It has always been like that, but it is still undervalued and they hardly invest in it. If you do not know about user-based design, study it. Hire people who know how to do it. Obsess with that. Live it, breathe it and invite your entire company on board, “Evan Williams, co-founder of Twitter.
- “No growth cut, brilliant marketing idea or sales team can save you in the long run if you do not have a good enough product,” said Sam Altman, president of Y Combinator and co-founder of Loopt.
- “The winning product is what drives consumers to the future, not the one that requires a giant leap,” Aaron Levie, co-founder of Box.
- “The last 10 percent you need to launch something requires the same energy you used in the first 90 percent,” Rob Kalin, co-founder of Etsy.
- “Errors will not end your business. If you are agile and willing to listen to constructive criticism, you will succeed in learning and be evolving, “Meridith Valiando Rojas, co-founder, and CEO of DigiTour Media.
- “Make your team feel respected, powerful and very excited about the mission of your company,” Tim Westergren, co-founder of Pandora.
- “Doing something that people want” includes making a company that everyone wants to work for, “Sahil Lavingia, founder of Gumroad.
- “As an entrepreneur, you need to accept failure. If you’re not failing you’re not trying hard enough, “Alexa von Tobel, founder of LearnVest.
- “Unless you’re a fortune-teller, long-term business planning is a fantasy,” Jason Fried, founder of 37signals.
- “The strategy is to first know what you do not know, the tactic is to rectify and the courage is to remember: there are many places where you can innovate,” David Friedberg, founder of Weatherbill.
- “Even if you do not have the perfect idea to start with, you can adapt,” Victoria Ransom, co-founder of Wildfire Interactive.
- “Turn to micromanagement in the process, not with people,” Joe Apfelbaum, co-founder of Ajax Union.
- “The secret to making a successful recruitment is this: look for people who want to change the world,” Marc Benioff, founder of Salesforce.
- “Bad things are going to happen, that always happens in a startup. The odds of going from launch to liquidity without some kind of disaster are one in a thousand. So do not be discouraged, “Paul Graham, co-founder of Y Combinator.
- “Be undeniably good. No marketing or cliché effort can replace that, “Anthony Volodkin, founder of Hype Machine.
- “If things are not going wrong then you’re not being innovative enough,” Elon Musk, CEO of SpaceX and Tesla Motors.
- “I think not focusing on money makes you wise, because, in the long run, it may drive you crazy,” Kevin Systrom, co-founder of Instagram.
- “We need to know what customers really want, not what they say they want or what they think they should want,” Eric Ries, author of The Lean StartUp Method.
- “Do not launch a business unless it’s an obsession and something you love. If you have an exit strategy is not an obsession, ” Mark Cuban, serial entrepreneur, and investor.
- “Holding a successful business is a lot of work and being hungry is only half the battle,” Wendy Tan White, co-founder, and CEO of MoonFruit.
