Thousands of businesses you can start but how to ensure success. The founding of any company begins with motivation. Tech product startup can be daunting for new entrepreneurs — a few essential steps you need to take before starting a business.

Well balanced team-

A startup, founders with complementary skill sets, are crucial to increase their probability. The mentioned 3H team – Hipster, Hacker, and Hustler are a reality for any startup in its early days.  Hipster brings his/her creative genius, design sensibility to create a beautiful yet usable product. Hacker is a full-stack technology whiz-kid who ensures that the product works smoothly. And finally, the Hustler carefully packages all these ingredients to make it a marketable product and forges meaningful partnerships for consistent growth.

Product Market –

Founders are building a product without any feedback from real users. And end up developing a technologically amazing and yet practically unusable product that does not solve the pain point of the end-users. The approach is not only time consuming but can also discourage the founders when they want to have a fresh start. A technology product involves multiple iterations, with a 'build-test-scale' strategy, a startup can develop a secure feedback mechanism that is essential for course correction until it achieves a product-market fit. For example, AirB&B launched several times and becoming a multi-billion dollar startup in the market.

Technology-based DNA-

A tech startup needs to have a hyper-productive engineering team that clued into the latest tech developments in both back-end and front-end technologies. And from code/feature upgrades to writing new lines of codes to bug fixes, and the engineering team optimizes the product for the best user experience. It finally ships the product at lightning speed to stay ahead of the competition. For example, tech focus of its founders and first-team right from the beginning that enabled Google not just to dominate the search market but extend its offering to driverless cars and AI-powered smart devices and explore multiple, potentially billion-dollar earning.

Work culture- Startup in its early days is a jumbled place, an established company, and not everyone is cut out for it. Finding the first team of A-players with the right skill sets, passion, and, most importantly, attitude is essential.  A- A team can turn a mediocre idea into a success. B-team cannot do much with a genius idea, but retaining A-team is also essential to prevent any disruptions in the workplace.  It is crucial to building a culture that drives performance, positivity, respect, and clear accountability very early on in a startup's journey. Look around for any successful technology company -Apple, Microsoft, Google, FB, LinkedIn, Youtube, Dropbox, and you realize that it is the early A- team along with the founders who transformed a small startup into an industry titan.

Customer-Centric –

A great UI/UX  and an A-team with complementary skill sets are essential for a startup to become a company; it also needs real customers who bring in much-needed revenues and customer experience. Companies that listen to the needs of their customers are better positioned to have engaged users and repeat customers, which is a better parameter to startups' success than mere new sign-ups. It is crucial to have a customer-centric approach right from the starting. For example, it is no secret that an unrelenting focus on customers made Amazon the world's biggest online retailer. Thousands of businesses you can start but how to ensure success. The founding of any company begins with motivation. Tech product startup can be daunting for new entrepreneurs — a few essential steps you need to take before starting a business.

Well balanced team-

A startup, founders with complementary skill sets, are crucial to increase their probability. The mentioned 3H team – Hipster, Hacker, and Hustler are a reality for any startup in its early days.  Hipster brings his/her creative genius, design sensibility to create a beautiful yet usable product. Hacker is a full-stack technology whiz-kid who ensures that the product works smoothly. And finally, the Hustler carefully packages all these ingredients to make it a marketable product and forges meaningful partnerships for consistent growth.

Product Market –

Founders are building a product without any feedback from real users. And end up developing a technologically amazing and yet practically unusable product that does not solve the pain point of the end-users. The approach is not only time consuming but can also discourage the founders when they want to have a fresh start. A technology product involves multiple iterations, with a 'build-test-scale' strategy, a startup can develop a secure feedback mechanism that is essential for course correction until it achieves a product-market fit. For example, AirB&B launched several times and becoming a multi-billion dollar startup in the market.

Technology-based DNA-

A tech startup needs to have a hyper-productive engineering team that clued into the latest tech developments in both back-end and front-end technologies. And from code/feature upgrades to writing new lines of codes to bug fixes, and the engineering team optimizes the product for the best user experience. It finally ships the product at lightning speed to stay ahead of the competition. For example, tech focus of its founders and first-team right from the beginning that enabled Google not just to dominate the search market but extend its offering to driverless cars and AI-powered smart devices and explore multiple, potentially billion-dollar earning.

Work culture-

Startup in its early days is a jumbled place, an established company, and not everyone is cut out for it. Finding the first team of A-players with the right skill sets, passion, and, most importantly, attitude is essential.  A- A team can turn a mediocre idea into a success. B-team cannot do much with a genius idea, but retaining A-team is also essential to prevent any disruptions in the workplace.  It is crucial to building a culture that drives performance, positivity, respect, and clear accountability very early on in a startup's journey. Look around for any successful technology company -Apple, Microsoft, Google, FB, LinkedIn, Youtube, Dropbox, and you realize that it is the early A- team along with the founders who transformed a small startup into an industry titan.

Customer-Centric –

 A great UI/UX  and an A-team with complementary skill sets are essential for a startup to become a company; it also needs real customers who bring in much-needed revenues and customer experience. Companies that listen to the needs of their customers are better positioned to have engaged users and repeat customers, which is a better parameter to startups' success than mere new sign-ups. It is crucial to have a customer-centric approach right from the starting. For example, it is no secret that an unrelenting focus on customers made Amazon the world's biggest online retailer.