First 100 days are essential for every kind of organization. When Donald Trump became the president of USA, his first 100 days were used to gauge his work ethic and to judge him on the poll promises he had made and how he was faring on that front. Same was for the newly elected prime minister of Uttar Pradesh, Yogi Adityanath. He made some critical decisions during these initial days and that set the tone for the rest of his tenure. The same thing applies for any active startup. First 100 days are critical for any venture to make it big because not only they provide immense learning opportunities but they also set the tone for the future. So here are few smart ways which future entrepreneurs may use in order to make their business a success.
Reflect upon your goals and act accordingly
First 100 days are going to be essential because they help the entrepreneurs to know what exactly they want to do in their future. What products are they going to develop? What services are they going to offer? And the list goes on. There are going to be bigger fishes in the market so if you want your product to succeed, you must do something that none of those sharks can and have an unfair advantage at your disposal. Not only will this widen your consumer base but it will help you to find investors easier.
Build a strong team
A startup is rarely run by a single person. There must be a single chain of command but there are always a lot of people who work efficiently so that a business can reach to a wider audience. So, in the initial days, it is imperative to build a strong team and find people who have the ability to dominate their division. You must find them trustworthy and capable both at the same time because if he is not loyal to you, he won’t last very long
Consumer Feedback
When you build a product, it won’t last the same way forever. You will constantly keep changing your product in order to match the desires of the customers. So have good consumer feedback and make sure you are making products that are going to be liked by your consumers because in the end, they are the ones who are going to use it and in today’s market where there are a lot of distributors, your product must be a customer favorite in order for it to be successful.
So make sure that your product stands out on the promises you make and it is better than anything there is in the market. Invest your whole heart and energy into the venture because if you make a worthy first impression, nothing is going to stop you.
This article has been contributed by Simmi Setia, Content Writer at LegalRaasta, an online portal for GST Software, GST Return Filing, GST Registration, Section 8 Company Registration, Nidhi Company Registration, IEC Registration, Fssai License, File ITR Online.
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