YoungUpstarts

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How To Survive The Loss Of A Main Customer

YoungUpstarts

In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. Conduct a post-action review.

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Timing Is Everything: How To Secure Early-Stage Funding

YoungUpstarts

Given that mindset, it’s only natural that most entrepreneurs jump at the first chance they get to secure early-stage startup funding. Most startups will need a viable product and proof of credibility before they can expect early-stage investors to really bite. Instead, approach your fundraising in tiers.

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The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

Most early stage startups tend to do well in this area because entrepreneurs generally launch their startups believing they have a great product idea. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Team Architecture.

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The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

Most early stage startups tend to do well in this area because entrepreneurs generally launch their startups believing they have a great product idea. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Team Architecture.

Framework 104
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Top Tips For Launching A Successful Start-Up

YoungUpstarts

Over half a million new businesses got started per month in 2018 alone, and the advanced technologies and resources of the modern era provide so many ways for new businesses to find success, connect with customers, and build their brands. Think about your target customers and what they’re looking for, then try to provide it.

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What Challenges Can You Face When Starting Out In eCommerce? Advice From Custom Plugs, A Multi-Million Pound Startup Company

YoungUpstarts

Matthew and Chris from Custom Plugs set up their business from scratch in 2011, selling plugs for ears, ear gauges , body jewelry , accessories, and alternative clothing. At the early stages of our business, we had a supplier who took £2,800 from us and never delivered the goods. Life in business is never just plain sailing.

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Why You Should Be Doing Product Discovery

YoungUpstarts

It not only validates your idea, but it helps to identify features, options and adjustments to your idea received from advice from third parties, including potential customers, that you may not have initially considered. Some features may not be important to the user, so this is where feedback from beta customers is important.

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