🔥 6 Tips For Starting a Successful Business

Let’s get into it.

1. Learn about your ideal customer profile

• Who are they?

• What’s important to them?

• What’s their pain?

• How can you help them become more successful?

• Are people willing to pay for your product/service?

Speak with customers and take their input on your product from day one.

After all, they are the buyer so you want to learn as much as possible from them.

Avoid falling in love with your idea.

Be ready to pivot if you need to.

How do you know?

Never stop talking to customers.

2. Build multiple income streams

It takes time to build a business.

My advice to first-time founders is to build multiple income streams to avoid having a short runway and feeling stressed.

Find ways to support yourself in the beginning before your business starts taking off.

Especially when you bootstrap your company.

This can be; doing consulting for someone else, advisory, consultation calls, a paid newsletter, a side hustle etc.

So many people give up, don’t let it be because of financial reasons that you could have avoided.

3. Surround yourself with people who want to see you win

Who we surround ourselves with has such a huge impact on us.

Find other founders and be around positive people that lifts you up.

Find a mentor or an advisor.

Maybe consider a co-founder?

Cut out toxic people out of your life.

We do enough of questioning of ourselves anyway.

I can’t stress this enough and how much it matters.

4. Build demand as soon as possible

Today we can build demand through social media from day one.

Before you even publicly announce your startup, you can build massive traffic, authority, thought leadership and demand.

Daily I receive emails and dm’s from people who ask for funding.

I can clearly see that they have no idea of who I am and what I do.

When I check their profile, most of them have ZERO activity on LinkedIn.

Social media is FREE today.

Demand is by far the greatest challenge for businesses.

Start building organic growth on social media.

Show that you have done all you can before you go out and ask for funding.

5. Sell as soon as possible

Don’t wait until things are perfect. Sell your vision. Generate revenue as soon as you can.

6. Have patience

Play the long game.

Building a scaling a business takes time.

Brick by brick 🧱

You got this.

🦋 IN CASE YOU MISSED IT

🔥: Will an AI be your boss? Projections suggest that the global security robot market is estimated to $31.08 billion by 2030.

🥁: Deep respect for Daniel Ek, CEO & Founder of Spotify after listening to this episode. What a humble and inspiring human being he is. Listen and be inspired.

🧲: Sahil Bloom inspires me daily - read about how he talks about founders owning their own distribution channel. I highly recommend his FREE newsletter.

🖤: The black Friday 20% discount on my guide “How to turn your profile into a landing page” can still be found for subscribers here. Discount expires tonight.

Before we go…

a meme to remind you: You don’t need a big budget to build revenue.

What you need is to find ways to grab attention for your business.

Every company these days should see themselves as a media company.

Ask yourself:

How can we leverage the attention economy and capture attention?

Social media is FREE.

Time flies when we have fun.

See you next Friday 👋

PS. If there’s a specific topic you would like me to write about, reply to this email and let me know - I would love to hear from you!

👋 Work with Hanna

Whenever you're ready there's 5 ways I can help you:

1. I help startups build revenue growth, audience and high-performing teams. If you want to work with me as your GTM Advisor, reach out here or send me an email: [email protected]
   

2. Work with me 1:1 and build your audience on LinkedIn. You will learn the exact strategy I used to build 95,000+ followers and 60 million+ impressions and how you can do the same and fuel revenue growth to your company. Learn more here.
   

3. Your LinkedIn profile is where your content converts. Here’s how to turn traffic into inbound and revenue.

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