If all of you donвЂ™t think it is fair it will fail. I have made this mistake, and I tell you from personal experience it is not sustainable.

You need to ensure open discussions and get all those niggles out in the open VERY early on. If you do choose to start with founders make sure that you are all happy with the equity split. But some might choose to do this, in which case you can ignore my point #1 вЂ“ so long as you like yourself. Note that I am a social, collaborative animal and would not really entertain the idea of going alone. So take a little extra time, and get to know those people that you are thinking of starting with. Get this right from the beginning and everything else becomes that much easier. If you cannot socialise there is no business. Gaping Void accurately says that вЂbusiness is merely socialising with a purposeвЂ™. If you are poles apart from one another then you will struggle to socialise and find anything to talk about other than work. You have to choose to start a business with someone that you know, not personally as such, but that you can identify with. This is one of the most important things that I have learned has been in business with some great people, and some not so great. That is the space your business needs to occupy. So ask yourself what do you do when you are on your own time, what do you turn to when you have a spare afternoon. You have to enjoy what you are trying to do, and have a drive and passion for making it work. Coffee, better-halves and teammates only get you so far. Passion is incredibly important for all those starting businesses, as itвЂ™s the only thing that will get you through the bad times вЂ“ and there will be many. 1 вЂ“ Make sure you love what you are trying to do You can choose whether or not I have the credentials, but I donвЂ™t fear failure and view any I have as important steps in my learning that ultimately get me closer to success. So here are my top 20 tips for starting a business. I want you to be great founders, and hopefully my heroes in time. So some might say that I have a decent amount of experience in startups, and I am going to share this knowledge with you all. And whilst I do this, I am beginning startup number 4. I love working on and manufacturing growth. So now I am working with the amazing HubbleHQ (a platform helping founders and startups find beautiful office spaces in London) and a few other startups helping them find growth.

We were making real inroads into the market, but founder fallout came around the corner and I decided to move on and pursue another path. Then, on my MBA I met my ex-business partner and we started a great business in the real estate and technology business. This was pretty amazing and got me hooked on technology, but it was not scratching my itch and as a distributor, the value was in the product. We went from zero to ВЈ1,000,000 in sales in 12 months. Then I moved into selling heating products that you could control from your smartphone as a regional distributor and made decent cash. If I might say so myself we were doing pretty well, but along came the 2008 crisis and our access to credit for production vanished in a puff of smoke.

My story, although nowhere near as exciting as those peopleвЂ™s above (yet!!) is I started a business when I was 20 as the first company in the UK selling organic cotton streetwear into the extreme sports market. The rest is up to hard work, karma and a lot of good luck. So for all those aspiring entrepreneurs out there, myself included, donвЂ™t ever forget that being at the start of the race is the only predictable thing in startups. My biggest heroes are people such as Sean Ellis, superstar growth hacker Elon Musk, the ultimate world-changing entrepreneur who founded and is now leading the charge at Tesla Tim Ferris, the вЂ4-hour-everythingвЂ™ man who is the best self-promoter on the planet and of course my mum.Д«ut one thing that all these people have in common is that they started from nothing, and built their brands, companies and empires from hard work and a real passion for what they do. For me, this is a combination of mentors, fellow entrepreneurs and those that have already walked the walk and become incredibly successful business people. The Hubble Team | Updated FebruIf youвЂ™re thinking about starting a startup here are someВ top tipsД®very entrepreneur has heroes that they aim to emulate, people that challenge them in some manner.

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