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  • What is the most difficult stage in the startup in your opinion?

    Olga iaLOVEnko
    22 replies

    Replies

    Rick Fan
    Sider for iOS 2.0
    Before the launch
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    Akash Mondal
    Taking it from 0 to 1.
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    Tiger L
    Maybe the early scaling phase. Balancing the need for quick expansion with maintaining product quality, culture, and managing limited resources can be incredibly challenging.
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    Tariq Waseem
    After finalizing your idea, taking first step of starting your business.
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    bellbell
    The most difficult stage in a startup, in my opinion, is managing assets across multiple platforms, particularly in e-commerce. When a business is just starting out, keeping track of inventory, sales, and customer data across different channels can be overwhelming. This complexity often leads to errors, lost opportunities, and inefficiencies that can stunt growth. For e-commerce startups, having an efficient system in place for cross-platform asset management is crucial. I am using Datech ShopSync. It simplifies the entire process by automatically syncing products, inventory, and orders across platforms like Shopify and TikTok Shop.
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    YanXu
    Design and Operations
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    Sebastian Cole Ashford
    Getting initial traction and customers is definitely the hardest in my experience. Refining the product, marketing, and achieving product-market fit takes a lot of iterations before you get it right. Just gotta keep at it and not get discouraged!
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    Olga iaLOVEnko
    @sebastiancoleashford Thank you. We are on that stage now. And we are keep going making our product better each day.
    Ethan Cole Blackwood
    Fundraising, hands down. Pitching investors, negotiating terms, dealing with all the legal stuff, and still facing a high probability of rejection even with a solid pitch deck and traction - it's a grueling process that can easily consume a startup team. Curious what others think the hardest part is?
    Xavier Jam
    For, me securing initial funding was the toughest part. Convincing investors to back you can be a real challenge.
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    Amalio Lanter
    Luching the product is definitely the toughest part for me
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    Tywin Del
    Dealing with unexpected setbacks is the hardest for me .Whether it's tech issues or market changes, navigating through those surprises can be quite difficult
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    Olive Loren
    For me, securing funding was a real challenge. How do other deal with this stage without getting discouraged?
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    Olga iaLOVEnko
    @olive_loren I believe this is the most common challenge. Faith is what we can always relay on. And the Team of likeminded people. I find PH community very supportive in different aspects.
    Kira Ortega
    I struggle the most with building a strong team early on, as finding the right people can be challenging.
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    Olga iaLOVEnko
    @kira_ortega oh yes, people... I wish we could learn more of people skill. Strong team needs prominent leadership as well. What do you think?
    Ceferina Cadieux
    For me, managing cash flow during the scaling phase is the hardest part of running a startup.
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    Olga iaLOVEnko
    @ceferina_cadieux finances... I totally agree with you. It's hard to be both: the one who push the idea and the one who control the cash flow. It's better to have two different people to make it right. What do you think?
    Bashiri Abdullahi
    I’ve found the product development stage to be the most challenging. Balancing feature requests, bugs, and user feedback while trying to meet deadlines can be overwhelming.
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    Jone Denherder
    I find the early stage where you’re validating the idea to be the toughes it’s all about figuring out what works.
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