3 simple rules for a successful startup

3 simple rules for a successful startup

1. Study the competition
Most startups heavily focus only on their own idea and the immediate future. Startups should learn from their competitors’ failures andtheir successes. Study the competition to understand their strategy.

2. Value diversity to build a better team
Build a great team by hiring a diverse teams. That means hiring professionals who bring different backgrounds and ways of thinking  and integrating diverse work cultures early into the mix so it really becomes a part of the DNA of your startup.

3. Build your culture, but don’t obsess about it
Implement a work culture only if they’re genuinely a part of your own values. Set your goals, then let your team implementing them so that you can focus on the business.

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