There can only a few remarkable and smart startups that are growing at an amazing rate and there is something they are doing that other startups don’t do. All the startups that have seen massive growth over the years share the same traits or characteristics. It’s about time you created a productive system that generates more value for less effort. The following habits are common among remarkable startups.
1. The Founders are ambitious!
The leadership team of every great startup have the singular ambition to get their new business to another level. And they invest time and resources to achieve that dream and vision. And they stay focused on what they know and can do well. Employees in great startups are inspired by their leaders’ passion and commitment.
2. Engage with stakeholders on all levels.
Smart companies engage all stakeholders in building the business, from idea creation through delivery. Great startups are customer focused. They do everything to keep the customer happy just so they can get their repeat business. They focus on good communication, even in bad times.
3. They motivate employees to give off their best!
Employees in insanely great startups have high energy levels. They have bought into the idea, vision and mission of the new business. Most of the first new employees have equities in the business, hence the need to do everything they can to make the startup successful.
4. Remarkable startups focus solely on building products customers need!
Talk is cheap. The real value of talk is in the results. Great startups don’t spend most of their time talking, brainstorming, whiteboarding, making a flow chart or in meetings that have no real value. They just build. Read about 37Signals. Let your prospective users or customers do the talking.
5. They create what customers need not what they want!
Insanely great companies disrupt the industry and make lasting impression among their competitors. Creating a great product requires an innovative idea. Remarkable startups are serving millions of customers who are constantly using their products on daily basis. Think Evernote, Twitter, Airbnb, Instagram (they have disrupted their industries). Smart startups are constantly listening to customer feedback to make it easy to serve them well.
6. Remarkable startups set realistic game plans!
Take a step back and ask yourself: what is the game plan? Where are we going with this new idea? what do we need to success? Who do we need to be successful? What is the long-term plan for success?
How many more conversions do we expect to get this year? Can we realistically see people using our app? Re-evaluate you goals and make them realistic. Remarkable startups reevaluate their vision occasionally so they stay current with the changing times.
7. They allow allow room for creativity!
Great startups rely on creativity and innovation for growth. Good and great startups allow room for creativity among team members and employees. The changing trends of technology requires creative and dynamic teams. Stay ahead of the competition by maintaining an open mind that can adapt with time. Great companies get the best work from everyone by matching their unique talents with business needs.
7. Remarkable startups are constantly evolving!
Insanely great startups know that long-term success comes from continuous improvement, both of the product and of employees. Invest in resources that can make your product better in the future.
Your competition is busily hacking in a garage with a better product. Focus on what maters now and what customers will still need tomorrow to stay in business. Great startups focus on what they could be best in the world at.
8. They don’t hesitate to outsource what they can’t do efficiently!
Opt for outsourcing whenever we can. You are not required to do everything yourself if somebody else can do it better, efficiently and faster. Get other businesses or apps to handle your personnel, invoicing, hosting, general accounting etc and focus on delivering your great product.
9. Remarkable startups don’t keep planning, they take action
Meetings, conversations and follow-ups are known to slow productivity. Great startups spend less time in meetings to get to work as soon as possible. Issues and tasks should not be stuck in calendars and to-do lists. If the meeting only needs to be ten minutes, make it ten minutes.
A life spent making mistakes is not only more honourable, but more useful than a life spent doing nothing. — George Bernard Shaw
“Meetings are typically scheduled like TV shows. You set aside 30 minutes or an hour because that’s how scheduling software works,” write Jason Fried and David Hansson in their book, Rework. “If it only takes 7 minutes to accomplish a meeting’s goal, that’s all the time you should spend.”
–Most meetings are worthless. Shane Snow, Journalist, Geek, CCO of Contently.
They usually have too many people, who feel obligated to talk because they are there, and they’re almost always too long.Startups often hold meetings while standing up, so the desire to get the meeting over with outweighs the desire to dilly dally on unimportant things. And often they simply cut meetings in favor of asynchronous coordination over email.–9 Startup Habits That Will Transform Your Work
What habits have been most productive for your startup?