Startups that are just beginning their journey in the highly competitive market need to be very careful about every decision they make. They need to make sure that they are taking every care possible to manage their finances and balance the scales in their favor.
Chris Salis, an SAP specialist and a technology veteran is known for his expert knowledge in the field of technology. Apart from this, he is also an independent startup advisor and counselor who make use of his expertise to help them grow. He has offered his services to several startups in the past and remains dedicated to this work to this day.
He has been a part of several startups in their initial stage, including working for a top company that got merged after he left. He has also worked with many IT companies in California and knows the challenges that start-ups face when they begin their operations. Here is a golden piece of advice for the startups by Chris Salis.
Golden Piece of Advice for the Startups
According to Chris, startup owners need to get a grip on the truth and the reality of what they want to do. Before diving into and starting a business, one should consider the risk and probability of success. The chances of success and failure are 50-50 so, you should find out whether your idea could be turned into a profitable business.
You may have a fantastic product but that doesn't mean that people will buy it. However, if you have noticed that there is a demand for your product/service, then it's time to move on with your idea.
If you want to start a business, then you should know the following tips.
Help users solve a real problem
"Think about the problem you are solving and your customer's pain points," advises Salis. "Make real changes in people's lives. If it is not clear, then you don't understand the problem well enough."
The first key to being a good manager is learning how to communicate clearly. This means understanding and remembering the names of your co-workers, asking questions and listening, expressing empathy and compassion, and providing clarity on goals, expectations, responsibilities and deadlines.
Focus on building a winning team. You are going to be with these people for a long time, so find people who have similar values and who you like working with. Also find people who are smarter than you, because it's important to surround yourself with the smartest people you can get.
Chris Salis quotes "No matter how many people tell you no, never stop believing in your dreams. When you are on the verge of quitting, remember why you started and keep going."
As an advisor, Chris Salis works with start-up leaders to ensure that they deliver world-class services through his experience as an entrepreneur and technology expert. He is also a highly sought after speaker at various conferences around the globe to share his insights on leveraging technology to improve business efficiency and drive high growth.