Top 5 traits of first-time founders.

Share Button

Startups are very counter intuitive.Maybe it’s just because knowledge about them hasn’t permeated our culture yet. But whatever the reason, starting a startup is a task where you can’t always trust your instincts.At its best, starting a startup is merely an ulterior motive for curiosity. And you’ll do it best if you introduce the ulterior motive toward the end of the process.

So here are some points to keep in mind-

1) Vision.

In business, vision is foresight – the capacity to envisage future market trends and plan accordingly.This statement clearly and concisely communicates your business’s overall goals, and can serve as a tool for strategic decision-making across the company. When you’re crafting your vision statement, dream big. Don’t worry about practicality for now — what initially looks impossible could be achieved down the road with the right team and technologies. Work on shaping a vision statement that reflects the specific nature of your business.

2) Being enthusiastic.

Successful startup founders are adept at developing and promoting technologies that have the potential to change the world. Mastering these traits will definitely help you become better at your job and ensure the sustainability of your startup.These may be the building blocks of your business, but without energy and enthusiasm, you will not be able to move any further. Staying motivated and full of energy will not only make your employees look up to you but also make your investors more confident about your goals.

3) Communication.

A good founder must possess excellent communication skills. By communication skills, we don’t being fluent in a particular language, but the ease with which you can put across your idea to stakeholders, customers and your staff. At any point, you should be able to talk about your business model in a crisp and clear manner.

4) Proactive attitude.

Being  proactive than reactive is better. This means that businesses take off only when founders work enough for it to happen. You might want to scale up operations in the future and hire teams or even interns to get things done. But initially, it will just be you, and it’s always better to work on your own at first. Create standard formats for each and every operation, so that your future employees can follow the path set down by you.

5) Flexibility.

You do not however want the sort of determination implied by phrases like “don’t give up on your dreams.” The world of startups is so unpredictable that you need to be able to modify your dreams on the fly. The best metaphor  for the combination of determination and flexibility you need is running back. He’s determined to get downfield, but at any given moment he may need to go sideways or even backwards to get there.

 

Share Button