How To Keep Your Startup Afloat
Guest Blog and Infographic by Ivan Serrano
Launching a startup is a huge accomplishment for many entrepreneurs. While it might seem like it’s smooth sailing after lifting your anchor, it’s important to plan ahead for the rest of your journey as a new business.
When launching a startup, it’s absolutely to always think with the end in mind. As a startup founder, you need to think about the future of your business, how it will grow, and what type of accomplishments you want to experience over the next five, 10, or 15 years. The same may be said of your career path and communication on your next interview.
A challenge many startups face in the early stages of launching is scalability. Scalability is the ability to create a business that can adapt to future changes in order to easily expand and reduce time for important tasks. Surprisingly, 70 percent of startups struggle with achieving scalability, which causes some new businesses to sink.
In order to create a scalable startup, startup founders must have a clear vision for their company and develop a business plan. By creating a vision and business plan that can evolve over the upcoming years, it’s very likely your business will experience 250 percent more funding and 360 percent more user growth.
When creating scalability for your startup, it’s also important to think of your customers. Especially in the early stages of your startup, your customers are the entity that will keep your business afloat. Make sure you provide stellar customer service and adapt your business to mobile trends. This will keep your startup from sinking or having to tread in deep waters during the early stages of your business.
Launching a startup is a very exciting and rewarding journey. By making scalability a priority, you’ll be able to create a business that will be sustainable for years to come. To learn more about scalability and how to keep your startup afloat, check out the infographic below:
