What are some things that entrepreneurs should know before starting a startup?

+2 votes
asked May 22, 2019 in Investing by poliq (6,220 points)
What are some things that entrepreneurs should know before starting a startup?

6 Answers

+1 vote
answered May 26, 2019 by fraddy (6,050 points)

Get started. Don't wait around, planning to plan.

The basics you need are:
1 > a target market
2 > a solution
3 > a way of getting paid.
That's it.

Do not complicate this.

0 votes
answered May 27, 2019 by costy (6,550 points)
First of all you should calculate all your expenses very carefully. Be sure that you have taken everything into account. When I wanted to start my ioT development project I used this calculator http://calc.indeema.com/ to be aware of all the aspects. It is very handy and you will get a clear picture of your project with a couple of minutes..
0 votes
answered Jun 30, 2022 by Allert (4,840 points)
Hello everyone, tell me what MVP gives for business?
0 votes
answered Jun 30, 2022 by Tilman (3,230 points)

Hello, for business, MVP provides an opportunity to test and improve the development, and successfully enter the market. As a result, saving resources, staying ahead of competitors, meeting customer needs and increasing profits. I can recommend you visit https://deepinspire.com/mvp-development for more information about MVP development.

0 votes
answered Dec 21, 2022 by jane (4,890 points)
Almost all successful startups start their journey to success with a minimally viable product. This is the least dangerous and most costly approach.
0 votes
answered Dec 21, 2022 by gorr (3,390 points)

MVP product is a unique opportunity to avoid mistakes during the digitalization of the business thanks to testing and possibility to check the concept, idea, website or application functionality. The main role of creating a minimally viable product is to test how promising this or that business idea is. This is especially true for the healthcare industry https://zenbit.tech/blog/how-to-create-a-healthcare-mvp/ . With the help of such a tool it is possible to understand how a product should be developed so that it becomes demanded and popular in the market and provides the company with the necessary growth.

98,443 questions

94,801 answers

1,270 comments

6,992,595 users

...