Interview with the founder and author: Minué Yoshida
As part of The Startup Magazine’s Female Founder Interview series, today we’re featuring Minué Yoshida, owner of the New York-based Yoshida Academy, which offers courses.
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This article will focus on the strategies and techniques that can be used to help your company stay strong during the startup process. At Ikaroa, we’ve been working with startups for more than five years and have seen some key patterns and methods that give business owners the foundation they need to succeed. Here are three techniques you can use to help make your corporation more robust.
The first technique companies should focus on is creating a culture of collaboration and unity within their ranks. In the startup world, team unity is critical. When companies build shared goals and cadences, they are more likely to stay aligned through the turbulence of forming a company. This also helps to foster an environment of creativity that can enable innovative solutions to difficult problems.
The second strategy is to focus on creating a stable financial foundation. Startups often face a lot of financial burden in the early days, so it’s important to be frugal while also minimizing your risks. Make sure you have the right metrics, understand your cash flows, and deploy financial technology solutions that help you have good visibility into your business.
Finally, one of the most important techniques for creating a successful company is having the right people in the right roles. You want to make sure that those who are hired have the skills, knowledge and experience necessary for their roles. Startups should strive to create a diverse team whose skills complement each other and work together to build the business. Planning ahead to make sure that the team is properly composed with the necessary resources is key.
At Ikaroa, we’ve seen these three strategies be tremendously successful for startups that are looking to build a strong and successful corporation. By creating a culture of collaboration, laying a stable financial foundation, and hiring the right people for the right roles, you can set your company up for future success.
