One of the best things I learned over the past five years working in the startup world was how to think. Learning how to think can be the difference between being successful and failing at your company.
There are three things I keep in mind in regards to learning how to think:
1) Ask a lot of questions
Asking questions helps you think and make decisions with more information. Only ask questions you can’t find yourself (i.e. by doing a simple google search).
2) Think about potential problems and proactively try to solve them before they arise
This is a recurring aspect to keep in mind. The best startup people anticipate problems before they come up and problem-solve so that they never become major issues (or if they do, they have a solution in place). The way to train yourself to get good at this is to map out (either on paper or in your mind) all the results you can think of about a certain scenario. For example, if you are about to launch a new product, besides figuring out how to execute the basics of the launch you ALSO need to think about unexpected scenarios you might get yourself into and figure out solutions for them.
3) Thinking correctly helps you avoid wasting time
This last one is what I see from first time founders who spend way too much time on things that aren’t important. It could be anything from spending countless time on business cards to pitching investors (before you have a product). Learning how to think correctly helps you avoid the time-suck of various un-important things one does at a startup and gets you focused on the right things.
Today’s post can be found on FullStart’s website. I like what FullStart is working on and am grateful they wanted me to post on their site first.
This is a great subject in business development and I hope people learn something!
You can find the post here.
One of the hardest things to do at a startup is strike a good balance between what you need to get done today versus what you need to accomplish for “tomorrow.”
I’ve begun trying to break down my time and spend 80% on the here and now and 20% on preparing for where I’d like our business to be in the future. It’s not an easy task to determine how much I am truly spending on each, but I’m trying to get my head around quantifying it.
How have you learned to balance today vs. tomorrow? Leave any good tips below.