Startup Tips Archive

Is There Any Right Education to be a Successful Startup Founder?

When talking about education, what pops-up in your mind? Education in formal institution such as school or university courses, or other kind of informal education such as learning from someone else’s experience? Or possibly both? Whichever your answer is, all of them are right. Education is not merely a practice of writing, reading, and counting

Ultimate Requirements to Become a Venture Capitalist

Just like any other type of career, working as a venture capitalist could be risky. It has some downsides such as loss of control, expensive, and diminished ownership that might not please you in the first moment you try to be a venture specialist. “As I became a venture capitalist, it is almost like I

4 Effective Hacks to Improve Social Media for Customer Acquisition

Molly Galetto in NGData defined customer acquisition as “acquiring new customers including consumers to purchase company’s products and/or services.” The cost of customer acquisition is important to evaluate how much value customers bring to your business. Its management refers to set of methodologies and systems for managing customers’ prospect and inquiries. Galetto stated that successful

Is It Difficult to be On Top? 17 Inspirational Startup Quotes to Refuel Your Energy

Life is full of ups and downs – In order to shine in your precious life, first you often have to go through difficult times because you realise that life is not a straight line. You might face a lot of failures and when you seek help, many will say “just go and do your

6 Things Startups Need that Could be More Valuable than Money

According to Chorn, a business without funding source will flounder under weight of its own debt. It comes as no surprise that financial support serves as key fuel in which business can run smoothly. Meanwhile, Gaeu categorised funding as two things: 1) It is needed to improve products, services, and technologies; and 2) It is

Innovative Business Ideas and How to Succeed in It

When you want to start your new business, “innovative idea” that can compete in business market is a crucial thing you should have. But how do you find plausible, innovative ideas that can be turned into profitable business opportunities? According to IE University Insights, while groundbreaking ideas might be hard to find, there are still

7 Vital KPIs Ecommerce Marketer Should Monitor on Daily Basis

According to Investopedia, KPI (Key Performance Indicator) is a set of quantifiable measures that a company or industry uses to gauge and compare performance in terms of meeting their strategic and operational goals. AdAge mentioned that 93 percent CMOs are under more pressure to deliver a better ROI. Yet, if marketers do not understand marketing

Don’t Burn the Cash: How to Manage Your Startup Finance

In a modern business landscape, fundraising act as a major constituent to support startup growth and so, there are many ways to get funding. Besides helping newly-built business grow, funding also helps startup achieve financial objectives, removes glitches along the way, matches business standards and high level competition, as well as stays competitive in the

6 Ways to Get Funding for Your Early-Stage Startup

An out-of-the-box idea, strong determination and high-performing team are essential receipts in building a successful startup. However, these are not enough to ensure your business running smoothly without stable financial support. Money, above all, is often a prerequisite. According to Business Psychology, money in early startup is a lagging indicator of business success. It is

3 Most Tried and Failed Business Ideas

Evan Williams, former CEO of Twitter, has a tough story behind his success. Before running Twitter, Evan was building a podcasting platform called Odeo. However, the project didn’t take off because Apple announced the podcast section in iTunes store at the same time. Unable to compete with the rival, Odeo was folded shortly afterward. James