7 Ways to Start a Startup Business for Beginners

 


When starting a business, it is important for you to have a mature strategy. A detailed strategy will help you straighten out any problems. Business strategy at the same time guarantees you towards the desired progress and goals. 

Your plan doesn't need to be very detailed. Sticking to simple designs will help you focus on what really matters.

In this article, you will learn more about how to start a startup business .

7 Ways to Start a Startup Business for Beginners

To grow your business, you need a clear plan. What are the contents of the plan? Below, you can find seven things that should be included in a startup business plan.

1. Buat Minimum Viable Product / MVP

Before launching a business, you need to first find out about the Minimum Viable Product or MVP. MVP is a feature that you need to prepare to be able to satisfy customers as soon as you release your business. This MVP also increases your chances of successfully launching your business. 

However, MVP is not the same as beta launch . MPV provides users with access to the features that make your product useful when it is released. As your business expands, you can keep adding new features. This is what will help your business expand organically with the help of feedback from early adopters .

What you can do:

  • Write down what important things your business should have;
  • Create an MVP prototype that includes the desired features;
  • Release MVP as soon as possible for immediate market access;
  • Pay attention to feedback from early adopters;
  • Continue to release new features as planned and customer feedback.

2. Create a business website

Website is the foundation of any online business. In fact, a website is indispensable whether it's for an online or offline business. Because, it is easier for potential customers to find your business if your business is available online.

You can create a website to provide all business-related information. Starting from contact details, what services are offered, operating hours, and others. All this information enhances the reputation of the business while building trust between the customer and the business.

What you can do:

  • Create a user-friendly website;
  • Add contact information, features, services and other details to the website;
  • Provide contact forms for visitors.

3. Choose the right domain name

This is one of the important steps when building your startup. A domain name is the identity of your online business something your customers will remember. Therefore, finding the right domain name is something that should not be missed.

A good domain name can indicate a brand name and industry field, be free of misspellings and hyphens ( -), be short, and easy to remember and pronounce.

Even though the requirements above seem numerous and complicated, that doesn't mean you can't get a suitable domain. Today, there is a wide selection of domain extensions that refer to specific industries. For example, www.businessname.com could mean commercial business in general. On the other hand www.businessname.tech means a business that refers more to the technology field.

Some of the domain extensions you can choose from:

  • .TECH for technology (example: www.ces.tech );
  • .STORE for retail and ecommerce (example: www.emirates.store );
  • .SPACE for coworking space projects or matters related to outer space (example: www.antologi.space );
  • .PRESS for media and publications (example: www.epub.press );
  • .WEBSITE for unique effects on the web (example: www.radix.website ).

4. Focus on the original goal

When formulating a strategy to start a startup business, always check the initial goals set. MVP is great for starting a business , but it's the initial goal that will pave the way for your success.

So, there's nothing wrong with reviewing the scribbles of your business strategy. Remember what you want to put into business expansion. Then, turn all those plans into concrete actions.

What you can do:

  • Stay focused on the original plan;
  • Create action points that can be broken down into tasks;
  • Focus on business goals;
  • Use data and advice from customers as a consideration for business decision making;
  • Keep track of the business output you're targeting.

5. Set a time frame for each task

Each task on the list should have a clear timeframe. This will make it easier for you to monitor the progress of each task.

When a task is completed, you can mark a new achievement. This method has many uses. You can measure the progress of work while maintaining momentum. 

Celebrating new achievements will increase morale. Then in the end, you can keep your business growing and getting better over time.

What you can do:

  • Create a timeframe ( timeline ) for each task;
  • Make sure you always do the work according to the timeframe. This can be achieved by monitoring the progress of each job closely;
  • Boost team spirit by acknowledging and celebrating every achievement.

6. Find the target market 

For a business to be successful, you need customers. To be able to find customers, you need to narrow your target audience or target market.

This can be done by learning from competitors' websites. Try collecting and analyzing the data that is there.

When it's released, try talking to customers and asking for their feedback. Slowly, you will find a buyer persona (we discuss about buyer personas in this article ) that can be used to determine a marketing strategy. When the characteristics of the target market have been met, the execution of marketing strategies can be more organized.

What you can do:

  • Study competitors ' websites and marketing channels ;
  • Ask and study customer feedback to improve your offer;
  • Provide incentives in the form of discounts or freebies to customers who fill out surveys or questionnaires;
  • Create a persona buyer.

7. Make a specific offer or product

Specific products and services are important in business. This is what will become the backbone of the business as well as the thing that attracts customers.

If your startup is service-based, you will need to decide what improvements need to be made, what promotional packages might be offered, or what additional services to create.

You can always develop your product variants at a later time. However, keep in mind, that development needs to be in line with the services or products offered. At the very least, keep this principle in mind in the early days of business. This principle will help you focus on running your business.

What you can do:

  • Separate the list of offers into mandatory and optional features;
  • Narrow down the basic offering of your business;
  • Focus your business on the service or product you want to offer;
  • Make a checklist to make sure you stick to the main goal.

Ready to Start Your Startup Business?

In starting a business, it's good to start from simple things. Only then, you build the business so that it gets bigger. This method makes it easier for you to be creative with product offerings, improve products based on feedback, and continue to update and innovate products.

Having a rough plan followed by a clear goal and vision will help you in making decisions. The business strategy at the beginning will also be a guide when you face difficult situations. Just look at the plans that have been made, then you can move more steadily. The same plan will also spur you to grow your business at a steady pace.

Thus the article on how to start a startup business. Don't forget to subscribe to our blog and get the latest info and updates about websites, online business, digital marketing and cheap domain hosting promos !

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