11 Lessons You Need to Know Before You Build Startup Entrepreneurs

Although an entrepreneur was plunging in the business world, there are always new challenges that he had not known. Sometimes he felt overwhelmed and wanted to get advice from those who had already undergone the business in the same field because as we already know, the dynamics in a very high startup and energy drain. Here are some things that can be learned from the experience of the new entrepreneur entrepreneur others who had already been plunging.

Lesson 1: Investors like to make excuses why refuse to invest

When an investor to say?? Not? in investment demand, you have to start improving yourself and your business in many aspects. It could be the way you are presenting in front of those who are less convincing, the numbers were too bombastic, and so on. Feel free to learn pitching from those more experienced. Attend events and observe their pitching did pitching.

Lesson 2: Successfully made a lot of money does not mean you pay too high

Usually a major venture capital startup gain and then followed several rounds of funding as agreed with the investor concerned. After obtaining this funding, the founder and owner of a startup is generally light-hearted as it can take the salary and wages was certainly great. Unfortunately, not that fast. Ideally, the founders had to control myself to receive a salary that is not too burdensome business financial unstable. Because if it is done, the salary will probably have a major impact on business continuity. You may lose interest in the business later if too greedy to pay.

Lesson 3: Be careful in negotiating

You use the services of business advisors or mentors or advisors? Be thoughtful in working with them as they usually ask for compensation in various forms, such as a stake in ownership of the business. Although many things can be absorbed from them, make sure the outcome of those negotiations will not undermine your efforts in the long run.

Lesson 4: 90% startup networking event completely useless

What do you usually get at gatherings antarstartup not everything is beneficial and can even be found online. However, do not avoid all such events. Go if the show was to invite someone who you want to learn or to cooperation. Always amatai whether the audience who attended more competent than you or not. If the same or more?? Green??, Better consider once again.

Lesson 5: Do not stare at one place or group

While working as an entrepreneur who makes the product, try to not just make it by a certain point because it will be difficult to develop. And if you take advice from a more experienced entrepreneur, do not forget that they are still not the customers. Come down to the field and know what the consumers need.

Lesson 6: Never too late to make money

Begin to sell as early as possible in your startup as it is reducing the risk of burnout or run out of funds. Always remember your sales sector.

Lesson 7: Experience is not everything

When recruiting people, do not just focus on pengalamannya.Bisa so his experience was not appropriate to the character or condition of your current startup. Those who are successful in large enterprises is also not necessarily succeed at startup is still a struggle.

Lesson 8: Choose your friends

Look around you. Do you hang out with a lot more successful or less successful entrepreneurs? Promiscuity you define yourself anyway.

Lesson 9: Beware of envy

Working in another startup of large companies that are well established. People in a startup working hard, get paid and that is not much higher risk. It needs to be known by the new entrepreneurs because they are widely assumed to work in a startup easier and more convenient than large enterprises.

Lesson 10: Surviving the areas that you control

If you are someone who understands very well the world of technology, rintislah efforts in that field. This is what the world's top investor Warren Buffet. He just wanted to invest in the industry he knew well. He does not invest based solely on personal preference or emotion alone. And do not start a business in a rising but you do not know at all.

Lesson 11: Those who are successful do not necessarily know what is best for you

Dahlan Iskan has said dangerous advice for entrepreneurs, because not all of the advice that is suitable for any entrepreneur. He advised entrepreneurs to rely more on their own efforts and experiences for anyone else who is familiar with the entrepreneur's business but their own?