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A lot of people get hung up on strategy. Some claim it’s not really that important in a startup.     I think those who say that just don’t understand what strategy is or how to create it…   In the strictest sense, something is strategic in business when it: 1. Impacts revenue 2. Is distinct 3. Entails a commitment   But strategy can be much more accessible and practical when you answer these two questions: - What goals are you trying to accomplish? - Will the activities you’re doing (and not doing) help you accomplish those goals?   In those terms, strategy is pretty simple.   It doesn’t require long planning sessions. It doesn’t take a ton of research.   Just a little common sense.   This doesn’t mean being strategic is easy.   Creating a strategy might be straightforward. But being strategic is an entirely different conversation…   This is because strategy entails a commitment.   It means choosing what you will do. And choosing what you will not do.   This is the piece that makes strategy so difficult for many startups.   Many people get nervous about making a decision that might close off potential opportunities. They’d rather leave their options open.   But this approach lacks focus. And it often leads to being overly reactive when new “opportunities” present themselves.   What’s been your experience?   Do you think it matters if a startup is strategic?   #startup #growth #strategy

Yes, Metrics Matter But It's Often the Context and the Story Behind Your Startup That End Up Tipping the Scale. The truth is, investors want so much more than just impressive numbers. They want: 🔸 A compelling growth narrative 🔸 A vision that aligns with market trends 🔸 Evidence of potential scalability. Check the visual for a guide on how investors evaluate your startup 👇 Thanks to Eva Dobrzanska and Founder Catalyst for insights. To really capture your investor's attention, you need to give 𝗰𝗼𝗻𝘁𝗲𝘅𝘁. 𝗧𝗿𝗲𝗻𝗱𝘀: What trends and consumer behaviors do you observe? 𝗔𝗹𝗶𝗴𝗻𝗺𝗲𝗻𝘁: How does your startup align with these trends? 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿: Who are they, and how do you plan to reach them? 𝗩𝗮𝗹𝗶𝗱𝗮𝘁𝗶𝗼𝗻: How have customer insights and feedback influenced your product? 𝗦𝗰𝗮𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆: What systems do you have in place to scale efficiently? 𝗠𝗶𝘀𝘀𝗶𝗼𝗻 𝗮𝗻𝗱 𝗩𝗶𝘀𝗶𝗼𝗻: What drives your company, and how does it reflect in your startup? 𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝗲𝗱: What problem are you solving, and why is your solution critical? 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴: Who are your competitors, how are they positioned, and what sets your startup apart? 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀 𝘁𝗼 𝗘𝗻𝘁𝗿𝘆: What challenges do you face, and how are you prepared to deal with them? 𝗧𝗲𝗮𝗺 𝗘𝘅𝗽𝗲𝗿𝘁𝗶𝘀𝗲: Why is your team qualified to succeed? 𝗥𝗢𝗜: What are your projected revenue streams, and when do you expect to be profitable? By weaving your answers into 𝗻𝗮𝗿𝗿𝗮𝘁𝗶𝘃𝗲𝘀, you paint a picture for your investors that your startup isn't just a good idea—it's a great investment. If you need help crafting a solid narrative, we've got you. Comment "Amazing Story" below and I'll hook you up with something you're gonna love. #Startups #Fundraising #Metrics #Pitch 

Embarking on the journey of launching a startup? Brace yourself for a whirlwind of responsibilities and the need to let go of certain expectations. But fear not, for OGI Technologies is here to fuel your passion and guide you through the maze of startup challenges. Our startup consultancy services are designed to empower entrepreneurs like you to navigate the early stages of setting up a business with confidence. With over a decade of experience in the field, we understand the unique hurdles you face, from planning and talent acquisition to time management and market penetration. At OGI Technologies, we offer a comprehensive range of consulting services tailored to meet the diverse needs of startups across different sectors worldwide. Whether you need assistance with financial strategy, risk management, or organizational setup, we've got you covered. By leveraging our expertise, you can save valuable time and capital, enabling you to focus on crafting winning products and successfully marketing them. Let us be your partner in realizing your startup dreams. Reach out to OGI Technologies today and let's embark on this exciting journey together. https://lnkd.in/gun5HYpG #StartupSupport #OGITechnologies #Entrepreneurship

In the world of startups, success isn't just about ... having a great idea; it's about execution. And at the heart of successful execution lies strategic planning in business logistics. At its core lie two crucial parameters: Operations and Financials. 🔧 Operations: How your offering made, sold and delivered. 💰 Financials: How you will convert the value of your offering into revenue. But here's the game-changer: 👉 assembling a team with diverse skill sets early on. Is recommended that early stage teams to have 3 different roles associated with their skill stets: 1️⃣ The Builder: is the technical co-founder or product developer 2️⃣ The Brander: connects your offering to your customers with the marketing and design 3️⃣ The Business Developer: covers finances and sales By assembling a team with these complementary skill sets, startups can unlock the full potential of their vision. Embrace diversity in expertise and watch your venture soar! 🚀💼 🌟 Ready to revolutionize the startup landscape? Let's build, brand, and break barriers together! 🌟 Follow me Lucian Dorca for more tips. #StartupSuccess #BusinessLogistics #Entrepreneurship #TeamBuilding #Innovation #Solopreneur #LinkedIn 

🚩Why Do Startups Fail? The Top Reasons!🤔 Unravel the mystery behind startup failures. Unlock success through knowledge and strategy!🥇 💡Product or Services-Market Fit: Is the market demand sufficient for your product or service? 🌐 🤝Team Dynamics: Do you have a strong, diverse, and cohesive team to tackle challenges? 👥 📈Financial Management: Are cash flow and budgeting effectively managed? 💰 🎯Marketing & Sales: Are marketing strategies reaching the target audience and converting leads? 📣 🚦Competition: Can your startup withstand competition and stand out? 🏆 🔌Effective Networking: Are you leveraging connections to access valuable resources? 🤓 💠Scalability: Is your startup adaptable and ready for growth? 📈 Managing these aspects can be a lifeline for startups. Recognizing and addressing such issues early is key!💡 💼 Startup founders, Share your own experiences: What challenges have you faced in a startup?👇✍️ #startup #startupecosystem #startupgrowth #startupfounder #icm #questionforgroup #businessstrategy #successfactors #entrepreneurship

We’re all chasing more success - right? Do you have an Experimental Mindset? And do you know how it can help you win more #business? An Experimental Mindset is the ability to think #creatively and try #new things. It’s about being willing to fail, to learn from your mistakes, and not to be afraid to iterate on your ideas. In today's fast-paced and ever-changing world, it's more important than ever to be able to adapt and pivot. And the best way to do that is to have an #ExperimentalMindset. Why should startups think about this? The market is constantly changing. What works today may not work tomorrow. So you need to be able to adapt your business model and products to meet the changing needs of your customers. There's no one-size-fits-all solution. Every startup is different, so you need to be willing to experiment to find what works for you. Failing is a part of the process. Every successful entrepreneur has failed at some point. The important thing is to learn from your mistakes and keep moving forward. 90% of #startups fail. But the 10% who succeed are the ones who are willing to experiment and take risks. The best startups are constantly iterating on their products and services. They're always looking for ways to improve and innovate. We all recognise #founders in our network who are great at innovation and iterating - fearless wonders of the startup world! Go on, tag a founder below who you admire... ↓↓↓ Nargis Jafferali, Demos Demetriou

Good explanation of the milestones required at each stage.

A business model refers to how a startup plans to create, deliver, and capture value. It encompasses key elements such as the startup’s value proposition, target markets, revenue streams, and cost structure. Why is this critical? Because you can have a great business idea with a bad business model and poor unit economics! A compelling model is the difference between early and more established startups growing and scaling! It helps attract investors, recruit talent, and motivate management and staff. We dive deep into your business to: ⇨ Define the problem clearly. ⇨ Ensure you can generate sufficient revenue to cover costs, build in profit and scale. ⇨ Understand the target market and customer segments. ⇨ Uncover opportunities to create multiple income streams. ⇨ Manage costs and identify cost-saving opportunities. ⇨ Scale without increasing costs proportionally. ⇨ Develop a strategy to maintain a competitive edge through tech, IP, or elevated branding. ⇨ Maintain financial best practices and key metrics to monitor. We have worked with hundreds of startups to unpack their business model! 1. Follow Peter Korbel and check out www.135madison.com 2. Like the post and comment 3. Repost to your network 4. Direct message or send me an email at [email protected] to discuss #businessmodel #startupsuccess #startups #entrepreneurship #strategy #innovation #tech

I've seen how important a mindset is for a company's path. It's not just about being called a startup—it's about thinking about growth in every part of the business. 🌱 Most importantly, a company's success comes from sticking to its values, not just following one person's feelings. 🌟 - From technology and sales to making new products and following the rules, every part helps the company succeed. 💻💼📈 - But it's not just about that. Being kind, making a good workplace, and making sure customers and employees are happy are also really important. 😊🏢👩💼 - Just saying you're a startup for a long time without moving forward doesn't help. Real progress means going beyond the startup phase to achieve more. 🚀 Let's focus on what really matters—innovation, honesty, and making progress—and take our companies to new heights. 💼🚀 #CorporateGrowth #Innovation #Progress #startup #enterprise

Do you find yourself in the challenging position of leading a startup that's facing hurdles in gaining traction and profitability? You're witnessing missed opportunities, sluggish revenue growth, and a constant feeling of being stuck in a competitive landscape that's moving too fast. You might be inclined to think it's just a matter of finding the right product-market fit or securing more funding. However, let's not underestimate the frustration that comes with sleepless nights, where you question if your startup will ever reach its potential. It's the struggle to stand out in a crowded market, even though you know you have something valuable to offer. But here's the twist: what if your startup isn't the problem? What if it's the approach you've been taking all along? The cost of this approach isn't merely financial; it's the opportunity cost of not realizing your vision, the clients you could have served, and the impact you could have made. What You're experiencing might be due to inconsistent branding, marketing that misses the mark, or an unclear value proposition. These obstacles can be dismantled. Our team of seasoned marketing experts specializes in rejuvenating startups like yours. We craft targeted strategies, refine your brand message, and provide the support needed to fuel your growth. By partnering with us, you can shed the identity of a startup facing challenges and embrace the role of a visionary entrepreneur on the cusp of sustainable and profitable success. Continued in the comment section 👇 #techcompanies #growthstrategy #consultingbusiness #advisoryservices #startupgrowth #startupfounders #fintechstartups #founders