1. Find a problem / Issue
This could be your experience or something you’ve heard. Analyze the problem and look for possibilities for a new OR alternative solution. Look at competitors’ history and their worth now.
2. Plan a Solution
Study the issue and plan a solution. See what lacks in your competitors’ solutions. You don’t have to bring an absolutely new thing to the table. Improved and unique solution will get you to success.
3. Find a good brandable brand name
You may have to consider selecting a unique and simple brand name for your startup. It should be brandable. If you are lucky enough to find a super brand name with vocabulary score higher than 8, it’ll suit best. Refer more about the super brand names offered in Brinso.
4.Register your brand name
You should register your brand name to avoid copyright or any other legal issues. Ownership of the .com domain for your selected brand name could be an added advantage. In case you missed .com domain for the selected brand name, you may consider alternative options.
5. Find a Cofounder
It’s always good to have someone to share your ideas and strategies. The second opinion will be always appreciated in difficult situations. Also, make sure your co founders are trustworthy enough to go for a legal bond.
6.Build a team
You don’t have all the expertise needed to run all the tasks of a startup. If everyone can do it, there will be thousands of billion-dollar individuals instead of companies. When making a team, hire as startup employees for taking the responsibilities and also hire contract basis workers to manage the risk.
The order of responsibilities will be a crucial part of a startup. Take this task as a crucial one as collapse of the order could result in an unstable startup. Identify leaders and your team well and delegate authority.
8. Be surrounded by positive thinkers
Your closest circle makes who you are. Be with positive thinkers so that you may have positive vibes about you and your work. It’ll help you evaluate the opportunities and the risks on your startup.
9. Marketing Plan
Have a smart marketing plan. Marketing is nothing about spreading the word about your product or service everywhere. At Least not in this era. You should consider the online appearance and social signals related to your brand. That’s why we advised you to get a brandable brand name. So that users can spread the news for you.
Why should you start
You should start now. Why? Because it’s the right time to do so. In this digital era, you have to build social engagements and online brand authorization through your online appearance to stand out in the crowd. And it takes time. Therefore, you should start it right now to make the most out of it.
How to choose the correct brand name for a startup.
Choosing a perfect brand name for startup is a difficult task until you get more knowledge about branding.When you are searching for a brand name mainly you have to consider the following points.
- Vocabulary Score – Vocabulary score represents the pronunciation power and the memorization power of a word. For a recommended brand name, it should be 6 or higher. But, we advise to go for a super brand name with vocabulary score 8 or higher in all cases.
- .com Domain Availability – You should always go for the .com domain extension for your selected brand name. It’ll give your users a trustworthy feeling while saving you from legal issues on brand copyrights.
Start-up name ideas
You may wander around the internet for decades to find a super catchy brand name for your startup. There are many brand name generators and categorized brand names are available to buy. But, did you notice that same brand name appears for several different categories? Yes, that’s true. It’s because there is no such thing as categorized brand names.
How to get funds
Prepare an investment plan to find possible investors. You should be confident enough about the plan to go and ask an investor to invest for you. These are the methods you can use to get funds for your startup.
- Angel Investment
- Venture Capital
- Funding From Business Incubators & Accelerators
- Bank Loans