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.