Aaron Vick

90% of startups fail because they haven’t done any market research. 

The truth is, creating a startup is incredibly difficult—but also rewarding. If you understand how to do market research and how to create a business plan, you’ll have a much higher chance of succeeding.

Even so, those are only two of the components of a successful entrepreneurial endeavor. Read on to find out about the five most important things to do when creating a startup. 

1. Create a Written Plan

Creating a startup means you should have a business plan ready. 

Before you jump in, remember that there’s a huge difference between a business idea and a business plan. A business plan should include a 12-month budget projection, a marketing plan, and an understanding of customer acquisition costs. 

The most successful business plans are written 6-12 months after the initial business idea.  

Every business plan should have target measurements or incremental goals. You’ll be able to

To read the full article click on the 'post' link at the top.