There's a lot of startup talk here on Twitter!
You want in? 🤩
But it's scary 😱
...and you don't know what you're doing.
Let's look at some things you can do to prepare yourself before making the move
🧵👇
You want in? 🤩
But it's scary 😱
...and you don't know what you're doing.
Let's look at some things you can do to prepare yourself before making the move
🧵👇
First, let me be honest with you.
If you have no experience with startups, business, leading a team, handling finances, corporate structures, etc - chances are, you will fail!
So despite what you may hear on this app - don't "just go for it".
Prepare yourself instead 👇
If you have no experience with startups, business, leading a team, handling finances, corporate structures, etc - chances are, you will fail!
So despite what you may hear on this app - don't "just go for it".
Prepare yourself instead 👇
🔸 Get comfortable doing business.
I recommend freelancing.
You can do this next to your regular job, and it doesn't take much to get started.
🔹 Create a sole trader company.
🔹 Create a profile on Upwork.
🔹 Starting doing work.
This will teach you basics of doing business.
I recommend freelancing.
You can do this next to your regular job, and it doesn't take much to get started.
🔹 Create a sole trader company.
🔹 Create a profile on Upwork.
🔹 Starting doing work.
This will teach you basics of doing business.
🔸 Start outsourcing
As you get more work (and perhaps transition into full-time freelancing), start outsourcing parts of your work.
Collaborate with other freelancers on your work - perhaps even permanently, in which you will transition into a small agency.
As you get more work (and perhaps transition into full-time freelancing), start outsourcing parts of your work.
Collaborate with other freelancers on your work - perhaps even permanently, in which you will transition into a small agency.
This will teach you a lot about leading a team, prioritize and delegating work, specifying requirements, communication and onboarding, managing time, and estimating projects.
You may also hire external agencies to handle your marketing and social presence.
You may also hire external agencies to handle your marketing and social presence.
🔸 Start productizing your services
Now that you have a good understanding of how a business ecosystem works, it's a good time to start productizing your services.
This means selling your services as packages and subscriptions.
It will provide you with recurring revenue.
Now that you have a good understanding of how a business ecosystem works, it's a good time to start productizing your services.
This means selling your services as packages and subscriptions.
It will provide you with recurring revenue.
🔸 Start working with/for startups
One of the best ways to learn about startups is to work with them.
Start offering your services to startups, or try to get a regular job at one.
Aim for the same niche as you imagine your own dream startup.
You will learn a ton!
One of the best ways to learn about startups is to work with them.
Start offering your services to startups, or try to get a regular job at one.
Aim for the same niche as you imagine your own dream startup.
You will learn a ton!
You now have:
🔹 Understanding of how to do business
🔹 A network of clients/other businesses
🔹 Knowledge about creating (recurring) revenue models
🔹 Knowledge about to sales/distribution
🔹 Skills in leading a team/delegating work
🔹 Knowledge about the pains in your niche
🔹 Understanding of how to do business
🔹 A network of clients/other businesses
🔹 Knowledge about creating (recurring) revenue models
🔹 Knowledge about to sales/distribution
🔹 Skills in leading a team/delegating work
🔹 Knowledge about the pains in your niche
🔸 Create your startup
Alright! At this point, you should be ready.
Next up is:
🔹 Validate your idea
🔹 Validate the market
🔹 Build a brand + distribution channels
🔹 Sell and scale
Check out my YouTube channel to learn more 👇
youtube.com/SimonHoiberg
Alright! At this point, you should be ready.
Next up is:
🔹 Validate your idea
🔹 Validate the market
🔹 Build a brand + distribution channels
🔹 Sell and scale
Check out my YouTube channel to learn more 👇
youtube.com/SimonHoiberg
A few other threads that you may find useful:
📌 How to found a company.
📌 Learn how to sell
📌 10 reasons to start a business in Switzerland
📌 How we launched a profitable SaaS
📌 How to found a company.
https://twitter.com/SimonHoiberg/status/1318073151465660418
📌 Learn how to sell
https://twitter.com/SimonHoiberg/status/1319174706919100417
📌 10 reasons to start a business in Switzerland
https://twitter.com/SimonHoiberg/status/1414841420653993987
📌 How we launched a profitable SaaS
https://twitter.com/SimonHoiberg/status/1423312746255421451
Of course, I'm not here to say, that you cannot be successful as a startup founder right off the bat.
But I hope it's clear to you, how you'll be *way* more likely to succeed now, than if you just made the jump directly from being a regular employee.
But I hope it's clear to you, how you'll be *way* more likely to succeed now, than if you just made the jump directly from being a regular employee.
There are endless paths to achieve success 🏅
This was one of them.
I hope you enjoyed reading!
Take a second to like and retweet this thread.
In that way, people from your own network get to enjoy it as well.
Thank you 🙏
This was one of them.
I hope you enjoyed reading!
Take a second to like and retweet this thread.
In that way, people from your own network get to enjoy it as well.
Thank you 🙏
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