Useful advice for those starting a business

THE BEST ADVICE FOR STARTUP TIPS:
1. PLANNING STAGE:

There are many more important things while you plan your startup. Anyone starting to build a truly powerful business must realize that it's a marathon, not a sprint. Work with long-term persistence.
Don't invest all your money in the first few months, before you have a guaranteed cash flow. Don't hire too many people in the first place, but build a core team and hire more employees when the business starts to make a profit. Don't work 24/7 for the first 3 months and spend the next 6 months recovering.

 SEARCH FOR YOUR GOOD MENTOR
If you are embarking on the business path, try to find yourself a mentor (Mentor is the one who gives direction, introduces opportunities, and supports successful startups). Mentor will be your guide when things get tough. Whether you're planning hiring, marketing, product development or looking for the perfect co-founding partner, having a mentor will help you make the right decisions. Find a mentor with industry experience, and help you overcome your weaknesses. Having a mentor with whom he can promote your company to a great network is also an advantage.

  FIND A CO- FOUNDER:
A co-founder can help you fill the gap of weak points in your management team. Don't be afraid to look for people with different interests in the business (eg, you can work on products, and they can handle marketing). However, look for someone who shares the same passion for the product as you and someone who believes in your overall vision of the company.

 DO WHAT YOU LOVE:
What belongs to your passion is what connects you to what you are doing. People often look for companies with sophistication and strong growth. But passion can expand.
If you've read enough, you probably have a great idea you're passionate about. That is one of the most important things. You have to do something that you are passionate about, that will keep you from feeling like you've been left out when you're in trouble. If you are passionate about the product, make it easier on the eyes of your investors, customers, and even your team.

READY CERTIFICATE OF YOURSELF:
Entrepreneurs are often young and inexperienced. Hence the majority of startups tend to be run by young people, and this often leads investors to see this as a disadvantage. Get ready to prove that you are executive capable and that your team has the necessary expertise to do your job.

HAVE A GOOD  VISION:
Even from the very beginning of planning, you need to have a broader vision of your product or company. Once you plan the method properly, small changes are inevitable, but you need to be sure of what you want to achieve, or what problems your product or service will solve. Breaking it down into measurable goals will help you measure your success. Whether to sell 5 items or 50 items in the first quarter, you need to know how far you are going.

GOAL SETTING S.M.A.R.T:
You need to learn how to set S.M.A.R.T. goals. These are Specific, Mesuarable, Attainable, Relevant, Time-Bound. Once you have these goals in place, you can increase your focus on achieving them. Set goals for different areas of your company, from HR to sales.

2.  TIPS FOR PERFORMANCE STAGE:
You have completed the plan; Now you are ready for recruitment, marketing and sales. Here are a few things to keep in mind.

 COMPACT DEVELOPMENT:
Most newcomers in business are confused about whether to sell cheap or not. Don't sell cheap. You need to learn how to prioritize spending and spend only on necessities from day one, company holidays may not be necessary.
This will be different for each business model. For example, remote teams need to gather at least once a year because it helps to boost people's morale. Corporate holidays may not be necessary if all employees are working in the same place. Learn to distinguish the difference between unimportant and important cost to your business model.

 RENTING RIGHT PERSON:
People can grow or break your company. In the beginning, hire yourself the first 50 people. Don't depend on others (HR Staff) for independent hiring, because regardless of their mission, the company is too small for you to participate in every hiring. Hire people who love your product or company, hire people that fit your company's culture, and hire them at the right time. A great team is everything.
One of the people you consider to hire first is the position offfice manager to take care of everyday tasks like mail management, office bills, food and drink, ...

 NO OUTSOURCE OF YOUR COMPANY'S CORE CAPABILITY
Whatever is core you should keep in the house, whatever is the setting you should outsource. For example, Porsche (the car manufacturer and a perfectionist) would never outsource engine design and manufacture, but were willing to outsource the tires and mirrors.
If you sell software, don't outsource a single step in your product development. You lose control of one of the most important things to your business. Remember that core competencies should not be outsourced. Hire the right people to handle those problems.

 CONSTRUCTION OF COMPANY CULTURE:
Thinking that your company culture will evolve over time is a mistake. It may be true, but its results may not be what you want. Sit down with the co-founder and find out what kind of culture you want to form in your company. List the ways you can develop it in the hiring requirement or the traits the applicant should match. Many companies have a culture manual that new entrants will be asked to follow. Follow these things from the start for a long-term, active team.

TRANSPARENT:

Many traditional businesses, widely accepted and completely legitimate, fail to gain the trust of their customers, and will soon disappear, crushed by their need for transparency.
Be transparent with your team, consumers and investors. Transparency to build trust. Your team will feel they are more involved in management if you share with them your plan and vision. Some companies hold open discussions about salaries and related processes. Openness and transparency can be great when starting a business.

PINCH THE STRENGTHETHS AND WEAKNESSES OF THE BODY:
You may feel comfortable acknowledging your strengths, but can you answer what your weaknesses are? It's best to be aware of your weaknesses before you get started, because you'll build a management team to fill that void of yours. In fact, your co-founder can be a compensation piece for your shortcomings.
Don't be responsible for what you know you cannot fulfill. For example, if you're not creative, do you need someone else who works in product design? It is important to list all the things you cannot do and find the right people to do them for you.

3. GENERAL ADVICE
Some of the advice might apply to you, no matter what stage your company is in.

NET:
You never know who you're going to meet for lunch or dinner, maybe an investor, mentor, or even a great employee. Always choose to meet new people when possible. Attend industry events, join online groups and read other people's work.

PLAY WITH POSITIVE PEOPLE:
Surround yourself with happy and positive people. Negative people can be difficult to cope with and take too much energy to manage or interact. People who want to focus on the positives will benefit you as you start your business.

KEEP YOUR HEALTH:
While this doesn't just apply to entrepreneurs, first-time entrepreneurs are more likely to work 20 hours a day and then face burnout. Focus on your personal and fitness growth and growth as the company progresses. Set aside time each day to exercise, meditate, and eat right. Everyone is not the same, and some prefer yoga while others feel better after lifting weights. Whatever you need to do to stay healthy, and focus, should be a priority.

 CONTINUALLY ASK AND LEARN:
Never stop asking. Ask about the product and the company, the competition, or even the questions related to personal development. You are never too old to learn new things. Learning is never enough and perfecting yourself is also a lifelong job. Read every day, follow the thought leaders and read their blogs, connect with people you care about, and participate in new and exciting opportunities.

DO NOT AGREEMENT WITH FAILURE, AND KNOW WHEN TO WITHDRAW:
Sometimes you've got enough. Know when you'll reach your destination, and get out of it. Knowing when to give up is as important as making an effort every day. Don't be afraid to fail. Failure often teaches you the difficult lessons you need to learn to make the next start successful.