How Do I Sell My Early Startup?

How can I get clients fast?

Ask for referrals, don’t wait for them.

Okay, okay, I know… …

Partner with agencies.

Partnering with an agency is a great way to bring in new clients.

Browse job boards.

Follow up with lost clients.

Follow up with your network.

Run an ad campaign.

Start blogging.

Write an eBook.More items…•.

How can I promote my business?

Here are seven ways to promote your business online that won’t cost you a dime:Use the three big local listing services. … Embrace social media. … Start a blog. … Put up multimedia on YouTube and Flickr. … SEO your company website. … Press releases. … Join a relevant online community and contribute.

How do you attract customers?

7 Excellent Ways to Get New CustomersIdentify Your Ideal Client. It’s easier to look for customers if you know the type of consumers you seek. … Discover Where Your Customer Lives. … Know Your Business Inside and Out. … Position Yourself as the Answer. … Try Direct Response Marketing. … Build Partnerships. … Follow Up.

What to do after selling a startup?

10 Things You Do After Your StartUp is Acquired.Said goodbye to competitor.Visit Africa. … Buy a bunch of stuff you’ve always wanted (obviously). … Buy your (ex)employees things that make them happy. … Throw fun parties.Retire your parents.Speak at your university and drink beer with students like you’re still an undergrad.More items…•

How do I find startup clients?

How Can You Get Your First/New Clients?Check Job Boards/Freelancing Sites. … Do More Networking Offline. … Reach Out to Your Existing Contacts. … Work For Free. … Set up a Landing Page and Run Ads to it. … Let People Know You’re Looking for Work. … Cold Outreach via Email or Phone Calls. … Ask for Referrals.More items…

What is the first step to starting a business?

Conduct market research. Market research will tell you if there’s an opportunity to turn your idea into a successful business. … Write your business plan. … Fund your business. … Pick your business location. … Choose a business structure. … Choose your business name. … Register your business. … Get federal and state tax IDs.More items…

How long before a startup becomes profitable?

Two to three years is the standard estimation for how long it takes a business to be profitable. That said, each startup has different initial costs and ways of measuring profit. A business could become profitable immediately or take three years or longer to make money.

Should you sell your startup?

1. Before You Fail / Run Out of Money / Etc. If you are slightly hot but with few revenues, or have something but not enough, sell while you still have time. Don’t wait until you have 30 days of cash.

How much does the average startup sell for?

According to the data, the average successful startup has raised $41 million in venture capital and exited for $242.9 million dollars since 2007. Among those that were acquired, Crunchbase reports startups raised an average of $29.4 million and sold for $155.5 million.

How do I market myself as a consultant?

10 Effective Marketing Strategies for New ConsultantsPlace Google and social media ads.Launch an email newsletter.Host events.Reach out to potential clients directly.Attend networking events.Get referrals.Speak and present at events.Make connections on social media.More items…•

How long are you considered a startup?

“A startup is a company with under 100 employees that is not yet publicly traded,” Stays says. “A startup is not a company with a large bureaucracy, it is not a company with over 100 employees, and it is not a company without a strong culture and tight-knit community.”

How do I get customers to sell?

Eighteen Ways to Find Customers18 Ways to Find Customers for your Business. … Develop a plan for customer acquisition. … Look for and follow business prospects on social media. … Work your local newspapers. … Be sure your website and social media pages make it easy for visitors to know how to reach you.More items…•

How do I sell my startup products?

Here’s how we landed our first customer.Don’t hire anyone to do sales yet. … Don’t distract yourself with shiny objects. … Know who you are selling to, and what problems your product solves. … Ask for referrals. … Build a list of ideal customers. … Reach out to the list of ideal customers, following a set cadence.More items…•

How long does it take to sell a startup?

On average, it takes 6 to 10 years for a successful startup to get to a liquidity event depending on the business model and industry. The fact is, for every acquisition that makes the news, numerous others happen behind the scenes through private equity firms and brokers.

How do I get startup clients?

6 foolproof ways to get your startup its first 100 customersAsk friends. And their friends. … Blog away. There’s tons of reasons why you should start a blog. … Find your internet tribe. Blend in. … Email in the cold. “Stick a fork in cold email because it is done.” … Give stuff for free. People love getting free stuff. … Affiliate marketing: pay your influencers.