Do not register a company before the start of sales.
This is a waste of money and time. Until there is no income and/or customers, the startup and its idea are worth nothing, nothing at all. Even if millions have already been invested in it. And, therefore, there is nothing to share.
You don’t need to hire a lawyer for anything.
For the division of shares and responsibilities between the founders is better to draw up a simple agreement. This can be done without any legal training or experience. And if you can’t make such an agreement, you’ll never get the startup off your knees on the stool.
You don’t have to rent an office.
The modern world is such that you can easily find someone to build your product who can work from home with enough efficiency at first. Until you have your first customers, or at least a product release, it’s not cost-effective to bring your team together on an office basis.
You don’t have to write nonstop to foundations and investors.
A website or app is not a product. Until there are customers/users, you yourself as a startup worthy of attention does not yet exist in the universe. And probably never will. On top of that, you probably don’t know yet how to properly pitch your product to an investor, because the product doesn’t exist in nature yet. Do not irritate the funds and investors with your spam, it’s only a minus in karma.
Don’t ignore advice from experienced startups/businessmen.
You may not think so, but you, if you don’t have any startup experience, are probably still a grossly incompetent startup. You will constantly be given advice and told that you are doing something wrong, and it will seem to you that everyone is a fool and you alone have a billion-dollar epiphany. Well, you’re wrong. Listen carefully, give thanks, and self-reflect on the subject.
Don’t give sales to third parties.
Selling yourself is important to understand the feedback. If you know why you are rejected, how can you make the product better? The first money should be brought into the company by the founder with his own hands and not otherwise.
You don’t have to go to paid conferences and mitups.
You can go to free conferences all you want, but not to the detriment of the startup, everything else is just pulling valuable resources from you: time and money. You will find a team of employees and partners on the Internet, you won’t find 99,99% of investments at conferences at an early stage. No matter how you were enticed by the conference website and call a sexy manager, do not be fooled by “super price with access to the vip room with investors for only 99,990 rubles”! Just go to work. It will come out a lot more rewarding.
Don’t overwork and forget about rest and sports.
If you’re a workaholic, that’s good; if you’re a hard worker, your chances of building a successful startup go up by orders of magnitude. So do your chances of dying before the first normal investment. It is important to be able to rest (not drink!) and exercise 2-3 times a week. Efficiency is not measured by fatigue, as many people think. When a microstroke or “flicker” happens, believe me, you will regret it, and there is nothing to fix.
