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Summary | 18 Annotations
When you hear the word “startup,” what’s the first thing that comes to mind?
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A fancy tech venture based in Silicon Valley
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A scrappy physical products business pulling all-nighters in someone’s garage
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founders and inventors who present on Shark Tank
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But what’s not necessarily customizable is the path to success. Every startup needs a validated idea, sufficient funding, and a long list of users.
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tuck o
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Stuck on how to achieve those?
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we’ll talk about how to validate your idea, attain funding, and grow your user base
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lso cover a few common startup struggles and how to overcome them
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Startups are known for being innovative and scrappy — meaning they welcome risks and solve problems in unique, creative ways.
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You’ve named it and outlined how it solves a problem that your customer faces
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Market research is a must when it comes to building a startup
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Market research helps you define and engage with your target audience
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analyze your competition
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formulate your positioning statement for your product and your brand.
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fuel your go-to-market strategy,
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Incubators help startups accelerate their growth by providing support through management training, office space, capital, mentorship, and networking connections.
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Startups scale fast because they 1) target the right customers and 2) continually work to grow their customer base.
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