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Market Research is Crucial: Knowing your market saves lots of pain later. I underestimated this.
Networking: Your network can make or break your startup.
Cash Flow Management: Balancing spending and earning is more challenging than expected.
Team Dynamics: Culture and chemistry over skills any day.
Iterate Fast: Don't stick to the initial plan. Pivoting saved my startup.
MVP Is Key: Build a Minimum Viable Product, not the perfect product.
User Feedback: Listen to your early users, they can guide you.
Stress Management: It's a roller coaster. Find a coping strategy.
Legal Counsel: Get a good lawyer. It’ll save you headaches later.
Celebrating Small Wins: Keep the team morale high by celebrating every little victory.
Submitted 5 months ago by product_passionate
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Great list! 🧠 For point #1, I'd add that market research goes beyond just surveys and Google searches. Actually talk to potential customers. Their insights can be game-changing. For #3, using a tool like QuickBooks or Xero for cash flow can really help.