How to start a startup? Now that we’ve established the basics of building a startup over 19 interesting sessions, we need to learn how to build a company out of our startup. This may not be useful for a startup that is less than a year old and you definitely don’t have to think about this now.
“Build a company that creates enduring value over a long period of time. Repeatable innovation and a culture of operational excellence is the hardest thing to do”
This process typically begins after your startup has successfully passed its 12 months mark and is on its way to cover another 12 months, and many more from then. What is the best way to learn about the process and how to succeed in establishing the company? It is to learn the challenges and mistakes one could face/commit during the process and work on those pain points.
[box type=”shadow” align=”aligncenter” class=”” width=””]Related Read:
Why Entrepreneurs Must Learn The Code Of Business[/box]
Sam Altman, President of Y Combinator points out the later stage advice that startups need to concentrate on and avoid the cliched mistakes.
- Management
- HR
- Company Productivity
- Legal, Finance, Accounting, Tax
- Your Psychology
- Marketing and PR
- Dealmaking
[box type=”shadow” align=”aligncenter” class=”” width=””]Related Read:
9 Common Startup Legal Mistakes That Entrepreneurs Need To Avoid ![/box]
What should you do to build your startup into a company? Check it out from the video !
You can always check out How To Start A Startup for previous sessions !
