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11 Comments

Starting a company

What skills do I need to start a company

on October 11, 2022
  1. 3

    Every founder is different, but from what I have observed the following attributes are essential to succeed:

    1. Ability to understand your customers and the problem you are solving (domain knowledge)
    2. Ability to articulate your solution relative to this problem through the right acquisition channels (sales & marketing)
    3. Ability execute (tech, product, recruiting)
    4. Perseverance (shit will happen. Keep going though)

    For point 1/ I recommend founders to use techniques like generative research from the world UX Research to better understand their target users and develop the right solution

  2. 2

    @Cnyakundi

    • Patience
    • Planning
    • Management
    • Marketing skills
    • Financial planning and Management
    • Communication
  3. 2

    You will require a number of skills to start and run a business. The number one is leadership skills.

  4. 2

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  5. 2

    I always love to see people becoming entrepreneurs. I hope you will push through it and never give up.

    • You will need a lot of patient
    • You will need to develop it - a website, an app, etc.
    • You will need to learn marketing, so you can reach your potential customers
    • You will need to learn a bit of economics / data analytics, gather information and use this data to analyse how well you perform, and how you can improve.

    If you learn a bit of all of it, you will be successful, as long as you stay consistent.

  6. 2

    Awesome, congratulations on the idea of starting a new company. You will need to develop a website/app to promote your products or service. That's the best way to reach out to potential customers.

  7. 2

    You probably need skills to make a product/service and then skills to make people aware of your product/service.

  8. 1

    Breathing, talking, and understanding.

    There is no difficulty in opening up a company. The thing you need to run a company are a lot and cannot be covered here. The most important is selling. Can you sell?