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July 18, 2024

How to be a Successful Startup Founder While Working Full-time 

You’ve nailed it in your career, and now you’re ready to take the next step – launching a startup. 

Quick wins, the luxury founder lifestyle, and million-dollar investments – these are probably not in the cards for you right off the bat. Many young entrepreneurs don't see immediate results, burn through resources, and lose steam, eventually going back to a full-time job. So try to combine your employee and founder roles into one lifestyle, and solve problems wisely, not impulsively. 

To avoid ending up among the 90% who get disheartened, you need to do things differently. Go where others are afraid to go. Do what others put off. Focus on essentials. 

Let’s go!

Don’t be afraid to fail fast. You should strive for it.

The fail-fast approach can be a game-changer for you. It’s all about spotting and fixing problems before they become major headaches. This proactive mindset helps you stay ahead of issues and keeps your business on track. Plus, it makes your startup super flexible, allowing you to quickly adapt to changing market conditions, which is crucial in the fast-paced startup world. The quicker you recognize your weaknesses, the quicker you’ll improve.

Focus on REAL results(nice merch T-shirt doesn’t count). 

Don't bother trying to set up processes and run your startup like a big corporation. While you're busy perfecting your branding, tweaking processes, and fine-tuning your product, your competitors are out there launching a basic product and getting real feedback. Your top priority should be getting those first customers. In the early stages, they're your best advisors for improving your product. Real feedback from customers will guide you better than theoretical guesses about what might work best.

Done is better than perfect. Test on real customers first, and improve later.

Save your resources. The minimum is enough. 

Don’t spend $100,000 validating a $10,000 problem. Stick to budget-friendly methods like surveys, customer chats, and social media buzz. After all, real momentum beats a fancy prototype any day. 

Have your team cross-functional. People are lever.

A cross-functional team is like a mixed squad of experts from different areas of a company, teaming up to tackle problems and speed up progress together. bring together experts from different areas to solve problems faster, make smarter decisions, and innovate quickly. This teamwork leads to smoother communication and faster progress, helping the startup grow efficiently. By mixing up expertise and viewpoints, these teams make communication smoother and decisions faster. 

Collaborate with those who know how to succeed.

Buy experience to be focused on the right stuff. If you’re a first-time founder, you can gain more from the person who has already launched the product. Save time, reduce the number of wasted attempts, and accumulate your power to create, not roll away. 

You’re focused on exact actions → Actions bring visible results → Your motivation grows, and resources get wider. 

Make your launch smarter, not harder. Need help? Leverion empowers your idea.