Key success factors for growing start-ups

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Key success factors for growing start-ups

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A 14-year-old boy dreamed of buying The New York Jets and has never looked back since then. Today, Gary Vaynerchuk sits atop a $60M business empire but his journey, although provided a kickstart, was not easy. Putting his wits and knowledge to great use, he’s given out some great uncensored advice to business owners and has adopted some key success factors to grow his own business as well. Visit- – PowerPoint PPT presentation

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Title: Key success factors for growing start-ups


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Key success factors for growing start-ups
www.vikasha.com
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  • A 14-year-old boy dreamed of buying The New York
    Jets and has never looked back since then. Today,
    Gary Vaynerchuk sits atop a 60M business empire
    but his journey, although provided a kickstart,
    was not easy. Putting his wits and knowledge to
    great use, hes given out some great uncensored
    advice to business owners and has adopted some
    key success factors to grow his own business as
    well. 
  • Lets move forward and look at some pointers that
    could help your business grow. 
  •  
  • Even if your ambitions are huge, start slow,
    start small, build gradually, build smart.
  •  ? Gary Vaynerchuk,  

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  • Clear and concrete goals 
  • Armies dont defeat with just manpower- they have
    a clear set goal and a plan of action to achieve
    it. Here, your workforce is your army working
    relentlessly towards a clear and identified
    goal. 
  • Even before your processes start, make sure there
    is an end goal for everything- a long term goal
    and a short term goal. A long term goal makes
    sure youre not deviating from the course and
    short term goals motivate you to keep working
    towards your success. 
  • For a start-up, having weekly goals or task goals
    within the initial stages makes it easier to
    comprehend, figure out, and attain said goals.

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  • 2.     Creating THE Team
  • Skills are cheap, passion is priceless.- Gary
    Vaynerchuk,
  • Perfectly summed up by Gary- we feel the same
    way. 
  • Find like-minded people who are as excited and
    thrilled to be working towards your goals as you
    are. 
  • Your employees need to work towards common goals
    and know the meanings of those goals to you, to
    them and the startup- because your startup is an
    entity on its own now. 
  • Find untapped resources, turn to more experienced
    business owners and your employees for advice,
    find diversified talents to solve business
    problems. 

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  • Having the correct mindset 
  • Rome was not built in a day and neither was a
    steam engine or wi-fi or your bedside lamp even.
    Failures do not mean you should give up, but
    extended periods of no return on investment and
    recurring losses might mean you have to switch up
    how you play your game. 
  • The thing is, operating a startup is tough and it
    only gets tougher until things start to look
    good. You will face problems, but you have a
    highly competent core team ready to put their
    brains into solving them, and really, humans are
    the biggest asset. 
  • Be optimistic, but realistic too.
  • The key is to not give in to the temptation of
    just giving up and becoming a sanyasi in the
    Himalayas. 
  •  
  • 4. Innovate and improve 
  • In our fast-paced world, nothing stays still- it
    is dynamic and keeps on evolving. 
  • So do you. 
  • Now, this is probably one of the most important
    points here because innovation IS key. Key to
    growth, key to business, key to financial
    returns, and the key to knowledge. 

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THANKS!
  • ANY QUESTIONS?
  • You can find me at
  • 1(587)777-7530
  • info_at_vikasha.com
  • https//www.vikasha.com/
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