What are the Habits of Highly Successful Startup Founders?
Thinking to start your own startup? There are few things that you would need to do first! Just try giving it a kick start by discovering your personality type and your limitations. Above all, it is important to know when you can do something yourself and when you need some outside help. However, exploring your strengths and weaknesses and working accordingly is crucial.
We all know that startups take off from the ground level and that too with little more than a dream. So, how do startup founders are doing it?
Success obviously isn’t that easy!- it takes more than a particular set of characteristics. The Highly Successful Startup Founders are a breed all their own and above all their make all of the differences for their companies.
A Clear Purpose
Do you think you have a clear purpose? And, is that purpose been shared between you, your co-founders and of course the employees? Why are you building this business? What is the concluding vision? Is everyone 100% satisfied with your vision? Can you coherently speak about the vision?
If the purpose isn’t clear and simple, and if your core employees have not been bought into it then the things later start collapsing. This makes a tough path for any startup and we can call it a preparation of the risk called “Get out and stay out!” Such situations explain how well and good you are at handling risks associated with a business that sets a good founder apart.
When you face problems, you can always go back to your purpose and remind yourself and the team that why you guys kicked it off! This not only keeps everyone in place but also delivers you the motivation to keep moving.
Surrounding with Right People
When you get in touch with most of the participants and ask them about the challenges associated, the outcomes goes like- the seed money was handy. Connections, education and mentoring were priceless but at the same time the biggest value-add, hands down was the rest of the force.
While speaking about support, never hesitate to talk to friends and family as well. Remember, a show of help isn’t a sign of weakness.
Be Good to Yourself
All of us are aware of the fact that running a business is extremely challenging as business is all about taking risks. However, a startup could be a draining one: a smaller team and a more to get done for a backbreaking career, that ultimately leads to work/life balance. Keeping this in the foreground of their mind, the most effective startup founders make to get regular sleep, exercise, eat right, and more. They also focus on taking time to rest and get recharged.
Take Time for Maintaining Relationships Outside of Work
If you are working on making your social networks strong across the board, you automatically improve many other aspects of your professional career like the openness, communication, and understanding. If you have learned to prioritize your schedule; you’ll never miss the important stuff of life like a weekly date night with your spouse, a monthly BBQ with family, regular gaming sessions, not missing chances to broaden horizons, and making depth greater relationships.
Living in Uncomfortable State but Being Comfortable
While running any business, life remains in a constant state of change. A single key hire or departure could behave like a crucial element for making or breaking a great team, a single key sale could take a company to touch the sky, and one flaw in the company could behave like a final nail in a coffin. Considering all of these and moving ahead needs a tremendous amount of determination. Externally, the whole world thinks that the startup leaders are crazy and so, the best ones are able to take this extrinsic judgment with a grain of salt.
Giving Straight To the Eyes Feedback
This authenticity is paramount for every leader and especially for the startup founders, as they have nothing to back them up apart from their reputation. Being upfront and honest is the key to relationships could be with team members, clients, and media. If you are doing this, you’ll automatically garner respect, even when it is difficult to do so.