When starting a business, there are many tasks to do, some being highly important and some being low. Here is a list of eight important things that you must do in order to lay a solid foundation for your startup to take its first step.
1. Define your vision and know your idea
It sounds very obvious, but several times, usually at initial stages, it happens that the company finds it hard to define their exact purpose. One founding member might define the purposes one and the other as something completely different.Having no definite purpose sends mixed signals to the investors and clients about the potential of your company. You need to have a single tone to your vision and have unity of ideas. Start with a 30-second pitch, to begin with, and then make sure everyone in the team speaks the same thing.