Answers you need before launching your own startup – David Brudö

 

Running six start ups David Brudö knows what he is talking about.

– The first thing you think of when you wake up in the morning and when you go to sleep is of course your start up.

Learning: You’ll spend more time with your start up than with anyone else. Make sure it’s something you really like!

– Your most important super weapon during the start up process is finding a fearless and humble killer team that’s 100 % committed.

– Start fund raising way before you need it! Move fast and establish multiple options. And remember:  a no from a investor is better than a maybe…

– Don’t re-invent the wheel.  Copy and innovate! Innovate your core, copy everything else.

Learning: Focus on what your good at – innovate on that.  Copy or outsource the rest. Iterate early to learn what’s your core.

– Start selling as soon as  you have an idea.
Learning: What  you think you know about your customers and the market are only assumptions – verify and test from day one if you are on the right track.

Today’s conclusion: If you want to feel alive – become an entrepreneur and run your own business!

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