How a Unicorn Can START a Startup FEATURED

How a Unicorn Can START a Startup

How A Unicorn Can Start A Startup:

The infographic below shows the steps on how to start a business.

  • Live in the future ahead of your time
  • What is missing in the world?
  • Write it down & bounce ideas around
  • Make a prototype
  • Show the prototype to 100 people
  • Iterate on the prototype until it make sense
  • Find a co-founder
  • Register your C-corp split equity
  • Look for funding & build version one at the same time
  • Launch! Let everyone know you have made something
  • Follow up with user. Are they coming back?
  • Get to 1,000 users
  • Keep Growing
  • Success

How a Unicorn Can START a Startup


Steps On How To Start A Business FAQ

Why do people start a business?

Primarily, people start a business to earn and provide for their family or personal needs. Other reasons include:

  • They can work for themselves
  • They can be more hands-on
  • They want to take additional roles

What are the advantages of starting your own business?

  • You are the boss
  • You can take on work-life balance
  • You can choose the people who will work for you
  • You take the risk and reap the rewards
  • You get to challenge yourself

What are the steps when starting up a business?

  • Live in the future ahead of your time
  • What is missing in the world?
  • Write it down & bounce ideas around
  • Make a prototype
  • Show the prototype to 100 people
  • Iterate on the prototype until it makes sense
  • Find a co-founder
  • Register your C-corp split equity
  • Look for funding & build version one at the same time
  • Launch! Let everyone know you have made something
  • Follow up with the user. Are they coming back?
  • Get to 1,000 users
  • Keep Growing
  • Success

Why should you think of the future when starting up a business?

What you do today will affect your future. When starting a business, it is important to consider your future when deciding things that may affect your business in the future.

Why do you need to identify what’s missing in the world when starting up a business?

You need to prepare yourself towards the pool of competitors who will try to bring you down. The only solution to this is to become unique. You need to identify the things that are missing in this world to be able to create something new.

Why is prototype important in businesses?

Prototyping is important in businesses because:

  • It evaluates and tests the design
  • It clarifies production costs and issues
  • It sells the product to others

What are the characteristics of a good co-founder?

  • Complementary strengths
  • Hunger for knowledge
  • Shared passion
  • Adaptability
  • Serious energy
  • Integrity and honesty
  • Emotional stability

Why should you register your C-corp split equity?

You should register your C-corp split equity so you and your co-founder can have fair parts in the income of your business.

What is the best way to launch a product?

Since we are already in a digital age, the best way to launch a product is through social media. Aside from its free, you can get to thousands of viewers much easier/

What are some tips when launching a product?

  • Be ultimately prepared
  • Be clear
  • Set Goals
  • Start Early
  • Follow Up

Why should you follow-up with users?

It is important to follow-up with users so you will know if they will be coming back.

Is 5% growth per week possible?

Your first goal should be to get at least 1000 users to try your product. But later on, it should grow for up to 5% per week. It is hard to achieve but definitely possible.

Why should you keep growing?

When in business, you should keep on growing. You can’t remain stagnant. You need to push harder to achieve your goals.

What is the final stage after following all the steps?

It is true that success comes after getting through hardships. Once you overcome all of the steps, you will attain the sweetest success.

Is it easy to become a successful entrepreneur?

To be successful is never easy. Not just with entrepreneurship, even in your studies, becoming successful requires a lot of hard work, patience,and dedication.

Leave a Reply

Your email address will not be published.

Ready to See MobileMonkey in Action?

MobileMonkey helps thousands of businesses find and convert more customers using sales outreach automation via Email, Instagram, Facebook, Website Chat and SMS Text Messaging.

Step 1 of 2

I agree to receive text and email updates from MobileMonkey