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July 1, 2022

Startup project in 2022

Launching a startup project can require good task management skills. There are a few tips that can help you with startup project management.

Norbert
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Launching a startup project can require good task management skills. There are a few tips that can help you with startup project management. When running a project, it is important to create a project roadmap.

Startup project roadmap

The roadmap will give you a clear overview of all the tasks that need to be completed to launch your startup successfully. Make sure to include milestones and deadlines in your roadmap so you can track your progress and adjust your plan accordingly.Next, it is time to start building your project team. Do some research to find people with the skills and experience that are necessary for your project. Once you have assembled your team, start delegating and managing tasks so everyone knows what their responsibilities are.Finally, make sure to communicate regularly with your team throughout the project. This will help ensure that everyone is on the same page and working towards the same goal. With these project management tips in mind, launching your startup will be a breeze!

The start-up era has begun. They change the world, stimulate imagination, teach how to experiment, and reach out of the box. When you run a start-up, you can not be afraid of risks. You must fight. However, when running a start-up, especially at the beginning, you may make some mistakes, the results of which are easy to predict. It can successfully cure you of the desire to try again. It would be a pity if the lack of proper knowledge and experience prevailed over your ideas, passion, diligence, and dedication. That is why we begin the "Advice for Start-ups" series. And because the most important thing is to avoid mistakes, although it is impossible to eliminate them, let us start with an answer to the question: What should start-uppers never do?

Startup project - do not copy the competition

Indeed, it is worthwhile to know what the competition is doing, but the strategy of action must be based and outlined on your ideas. If you observe the market, as it is crucial for the product to be a good idea, have your thoughts, and if your product has been equipped with the tools the market is missing, stay on the chosen path. Maybe the clients need time to become aware of the existence of your product. However, if it turns out that the functions you fitted your product with are not in demand, or if you failed to measure the customers’ interest well enough, you need to leave the chosen path. But even then, do not parrot ideas from the competition. Give features to your product that clients expect and which the competition did not notice. A startup is no less than an attempt and a challenge. Talk to learn why companies refuse to use your "genius" product. If you discover your mistakes on time, you can respond to the market's demands. It will not be a step back. On the contrary, you cannot rely on false assumptions if the client expects specific features from your product that you did not implement. Focus on details. Do not copy the competition. This is the exact case where the pivot is justified. Do not be afraid to experiment, but remember to keep observing.

Do not waste too much time looking for money

They say that gentlemen do not talk about money, but, if you have an idea, you also think about financing it.

First of all, get used to the insecurity that will accompany you until you achieve success in the market. Eric Ries, the guru of innovativeness, defines it as follows: "A start-up is a human investment developed with the creation of new products or services in mind in conditions of extreme insecurity."

The money will come eventually if your ideas are truly worth it. Many funding opportunities for innovative business ideas are also provided by the EU funds.

However, do not succumb to the pressure of seeking money. Devise a product, perfect it, and observe the market demands so you can make money on that.

Do not ignore any customer, even the smallest one

It so happens that the start-up founders, hoping for a quick profit, ignore minor customers. Waiting for big orders, they miss out on small developing companies.

However, what if you fail to sign a contract with a big company? Remember that, according to studies, Polish customers are demanding and aware. Ignored by your business, he or she will go to the competition.

Furthermore, the smallest clients are the first to notice the benefits of using your product in their business. They will wait for another one. Trust you, make sure that the information concerning the new product will make its way on their websites, Facebook or flyers, because they want to convince their customers that they are investing in a developmental company.

For this to happen, you need to have a good product, which is clear, but you must also guarantee a unique experience in contact with your start-up to the customer and show interest in their real needs. A "cared-for," well-treated customer will give you feedback on your product. A permanent bond will be created; the customer will stay with you and will be motivated to make further purchases.

Do not wait until the product is ready

"Running a business with no advertising is like winking to a girl in the dark. No one, except us, knows what we are doing. -Stuart Henderson

Putting your product too early or too late on the market, underestimating the demand for it—all of this creates losses for the company. both in terms of finances and image. Even Shakespeare, in his most famous invocation, "To be or not to be", proved that man prefers what he knows and understands to what is new or unknown. even if the novelty proves to be better for him. That is natural. We are used to the product. We know its strong and weak sides, so it seems that we control it. This gives us an advantage and pushes away in time the specter of introducing novelties, the use of which has to be learned. Therefore, the best solution is not to wait until the product is ready but to research the readiness of the recipients to accept it. Thus, and in connection with the next point of our elaboration on startup project management, you must first make sure that there is a market demand for your product.

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