Growth 164 Business Plan

Published on April 19th, 2015 | by Jose Vasquez


5 First Steps for Startup Tech Companies’ Founders to Take

Getting started as a tech entrepreneur requires careful planning and exhaustive research, but these five steps can get you on the right track.

So you’ve got a great idea for a startup tech company and you’re ready to put things in motion. Okay. You’ve got the easy part done! Now comes the years of hard work it takes to make your idea a reality.

Entrepreneurship is a challenge, too overwhelming for some, but exciting for those who truly want to see their ideas come to fruition. If you find yourself at a crossroads with a good idea and no clue where to start, begin following these five steps:

  1. The importance of research cannot be understated. Start by seeing what other people are doing. Does your idea bear a resemblance to anything else in your market? What makes your idea unique? Who’s going to buy your idea? If you can’t figure these things out, your idea needs some adjusting.
  2. Write a Plan. Writing a solid business plan is critical for your company’s growth and potential fundability. Cover all the important elements—your vision, your mission, your demographics, your financial plan—and back up that information with facts.
  3. Seek Funding. Use crowdfunding platforms or search for angel investors. Start networking with other professionals and people who might have a use for your solution. Use your business plan to demonstrate your value and generate interest.
  4. Get Social. As soon as possible, get on social media platforms and spread the word about your business. Even if you don’t have a product ready, you can gauge the reception of your target audience and start building interest.
  5. Build a Team. Have you talked with a developer to see how feasible it will be to develop your idea? If not, now’s the time to figure it out. Look for team members who are passionate and talented.

These steps won’t take you to tech superstardom, but they will get you moving in the right direction. Stay consistent, stay focused, and work hard, and eventually your company will find success.

Related articles:

10 Steps to Building a Strong Online Community for Startup Tech Companies
Top 10 Content Marketing Mistakes in Startup Tech Companies
Fast Facts on Inbound and Outbound Marketing for Startup Tech Companies

About the Author

is a serial entrepreneur and tech specialist dedicated to helping startup tech companies grow and succeed. As the founder of Build. Brand. Blast., Jose has worked with dozens of enterprises to find direction, gain momentum, and achieve results.

One Response to 5 First Steps for Startup Tech Companies’ Founders to Take

  1. Venkat S says:

    Startups are called as such because of the novelty and immense un-certainty they operate in. So asking a Financial Plan for a startup looks perplexing !!! Is there any base or basis for a startup to estimate revenue/profit other than pure imagination. Every startup would give a plan which shows break-even in 2nd year and sales skyrocketing by 3rd year. This is what I feel.

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    Hey there! I’m Jose Vasquez, and I’ve spent my life helping startup technology companies get the direction and momentum they need to succeed. I started Build. Brand. Blast. as a resource for new entrepreneurs to learn the ropes of starting a business and the keys to building something that lasts.

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