So you have a killer idea for a startup? Ready to join the energetic and dynamic world of entrepreneurs? Can’t wait to show the world what you’ve got? Well, sorry to burst your bubble, but let’s start with the bad news: according to a Forbes article, 90% of startups are doomed to fail.
We know. On paper, the numbers look bad.
But wait… there is still good news!
Because knowledge is power, we’ve cherry picked a list of the 15 best resources to pore over before launching a new venture. Hopefully, these platforms, websites and forums will help you get a good better start than most. You’ll be able to stack all the odds in your favour to ensure your startup hatches, grows, and flourishes for many years to come.
One of the best things you can do before launching is ask for advice. MicroMentor is a fantastic resource for matching new startup founders with experienced entrepreneurs. It’s completely free, has an active community, and a proven track record of generating hundreds of thousands of dollars in revenue for founders.
As president of Y Combinator, whose funded companies include AirBnB, Stripe, and Dropbox, Sam Altman has seen enough successes to be referred to as a Silicon Valley kingmaker. So who else better to turn to for concrete advice on startups? His blog is a constant inspiration for founders, and this particular post called simply Startup Advice, is a must-read for any budding entrepreneur.
It started as an unambitious website to talk about startups, and has since been acquired by Stripe. So Indie Hackers not only helps people monetize their ideas, they also showed you exactly how it can be done. The community is fantastic and you get real, concrete numbers about the costs and profits of various startups.
If you’ve already built your website and can’t work out why it doesn’t stick, here’s an idea: Userinput lets you pay for real, actionable user feedback. This takes the guesswork out of the equation and nudges you to refine your value proposition.
When you enter your information on the Pressfarm website, the CTA button says “make me famous”. It might be an overstatement. But if you don’t know where to start with marketing, Pressfarm is one of the best ways to find journalists who will write about your startup.
Ok, we know it’s an obvious one, but Quora is still one of the most useful platforms for gaining great insights into entrepreneurship, whether you ask a question yourself or read successful CEO’s excellent answers.
There is a lot going on over there at CoFoundersLab. You can access pitch decks, presentations, and even complete courses. It can be a bit overwhelming at first, but if you spend enough time on it, you will surely be able to extract super valuable info.
If you want to truly understand the startup world, there is no better place than Startups Anonymous. You’ll get to read true stories from anonymous founders, ranging from the good to the very bad. A great eye-opener for new founders.
A blog started by HubSpot co-founder Dharmesh Shah. OnStartups has tons of insights, data, and news on a variety of topics, from the success of the SaaS model to the best programming language to choose for development.
Like Kickstarter for startups. Seedrs an equity investment platform, which means backers get a share in the company, It’s highly reputable, having attracted more than $500M in funding, and launched household products like Revolut, amongst others.
Every startup requires good tools to run, from accounting software to live chat. You’ll find special discounts tailored for founders on StartupDeals.
A great marketing tool that lets you perform outreach and locate influencers at the same time. NinjaOutreach is a great tool to grow your startup after launch.
Similar to MicroMentor in every way – except the price. It’s probably more aimed at full-time tech founders because the membership starts at around $500.
A great tool to recreate word of mouth virality in the modern age. Maitre focuses on growth through referral marketing
A neat little tool that lets you increase brand awareness and conversions at the same time. Quite simply, Sniply is a snippet of code that lets you control the CTA of everything you share, whether it’s videos or blog posts.
As you can see, there is no shortage of resources online for budding startup founders. But if it’s still not enough (or you find it all a bit overwhelming), you might want to look at a different route. Enter the world of venture builders.
Venture builders are simply the next evolution in the startup model. Companies like hatch & boost will pull resources from their own networks of business developers, project managers or marketers, in order to turn your innovative ideas into real profit-earning companies.
In short, they make it less scary than doing it alone. Through hands-on support, actionable advice and growth-hacking techniques, they can really help you focus on what matters the most: turning your vision into a scalable, innovative, and -hopefully- game-changing startup.
Ready to turn your vision into a company? Get in touch with hatch & boost today.