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  • Writer's pictureJasaro In

7 things all great startups have in common!

This article covers the 7 essential traits that all successful startups have in common, you can apply these principles to your own business to take it to the next level.

Source: Brett Adcock 

Let's uncover each of them.


1. Insane Passion from Leadership

  • Founders & Leaders identify a meaningful problem, and they vow to stop at nothing to resolve it.

  • They grow empathy for their audience.

  • They care deeply about helping them succeed.


2. Laser-focus on One Problem

  • Great startups don't start by addressing broad problems.

  • They figure out one that they can solve well, and they dive deep.

  • They explore new, faster, and better ways to eliminate a specific pain point for their audience.

  • They get great at one thing.


3. Customer Service is Their Only Service

  • Great startups know that their customers are the entire business.

  • Without them, it all comes crumbling down.

  • The goal is to serve them at a very high level.

  • Alleviating their pain is the primary objective and leads to long-term success.


4. Unscalable Growth First

  • Great startups do things that don't scale.

  • They send 1000s of personalized cold emails manually.

  • They go door-to-door to share their solution.

  • They build a carefully crafted community.

  • Low scale first, then double down on infrastructure to scale.


5. Incessant Product Improvement

  • Great startups know that the product is the value.

  • If they want customers to be happy, they need to deliver an excellent product and experience.

  • They obsess over building helpful and meaningful features.

  • And they SHIP at light speed.


6. Consistent Dominance over Mundane Tasks

  • Great startups do the boring work better than anyone.

  • Admin is a well-oiled machine.

  • Communication fires on all cylinders.

  • QA is reliable and properly handled.

  • Dominate the boring tasks so the big ideas can actually get done.


7. Everything is an Experiment

  • Great startups operate in A/B test mode constantly.

  • They run experiments across every aspect of the business.

  • They rely on data to tell them what to do and what to avoid.

  • They double down on what works and remove what doesn't.


That's it, folks, do comment on what are you struggling at.

 

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