The Leverage Your Startup Has Besides Money

by / ⠀Funding Startup Advice / June 8, 2012

Money we all say and think is the greatest fuel for every startup business.

This notion has either been emphasized, over emphasized or even driven beyond the norm.

Truly, money helps us execute the plans for our business, but why is money the only leverage we have to hold on to for success? Then scream about the lack of it through the roof as our only problem to business progress.

Money is sized significance which is usually owned by diverse individuals in variable quantities. The need of this substance is always in exchange for value or services which drives its significance or emphasis.

Today, I will be exposing you to unsaid or un-emphasized leverages for value or services and these leverages are better experienced in startups besides money because it provides you the root for long-term dominance. They are:

  1. Time: This is everyman’s unknown equal resource to achieve all he/she needs, and this can be stretched to the limit depending on the individual’s passion, priority and vision.
  1. Books: This is a mega resource stored up in wooden processed compilations by individuals of higher topical exposures and flair which is equally open to everyman both to hold and to download.
  1. Skillful Communication (Written and Spoken): This is a major factor in project development as a better communicated idea is open to faster implementation than a worse communicated one. Note: The difference between making a project viable or non-viable can just be ‘your communication’, so INVEST IN YOUR COMMUNICATION SKILLS. It can help woo potential investors, customers, high skilled staffs etc
  1. Human Networking: This should be done deliberately for the purpose of the project. Meet people of value, know their interest, align your project with their interest and you will keep winning people who can collaboratively help you win MEGA.
  1. Internet & the Social media: This too should be deliberately used to meet new people, market yourself or product, network with new talents and stay in touch better. Note: Good communication flow can help increase the efficiency of your partners,  inform supporting friends and stay in touch all around.
  1. Friends and Family: This you should not neglect especially your nuclear family, they are the love you first got and can be the love that would carry through because they tend to stay even when all the chips are down and support when you need it. At starting up your project, they might never understand but when you INVEST in your communication skills and YOU show your need for them, you will win them and they will be a very highly invaluable resource for you
  1. Past, Support and Constraints: This should be deliberately used for the progress of any project. Everyman has got a disappointing and good past and this can be thought of using it to empower your mind for the project no matter what, Support and Constraints too should be used for future progress as the both are invaluable for advancement and can be used to leverage what money can directly do providing you crazy passion, drive and depth that money will never give you.
  1. Mentorship – Distant and Near: This is essentially needed as a guide to making your steps pre ordered and you just adding more value and edge to such steps. It helps if you can get such in your field of entrant.
  1. Today’s Inventions in your field: This is one of the greatest leverage we have today as we have inventions and trends to always study, discover loop holes, develop a strategy and improve our project/product.
See also  Yeah, That's Cool... But Do I Need It?

Applying all these leverages will provide you more insight, deeper understanding, better management capacity, more experience, greater ability to implement your project, produce your product and have the money you have always wanted.

It instills more value into you and makes you irresistible thereby attracting you more value for value.

These leverages can overall reduce your startup/operating cost in the long run, provide you the best of man power to make your dreams come through and make you a very well rounded Project Manager and Chief  Executive Officer.

Thank You!

By Steven Haastrup – Guest Writer. Haastrup Steven is by CORE an Idea Strategist, Empower-Trainer and Business Communicator, the CEO of Wingsword Corporation and also the Founder of the proposed YOUNG – TIMA (Young Top Impact Managers in Africa)

Related Post: Smart People: How to Waste Your Life

About The Author

Matt Wilson

Matt Wilson is Co-Founder of Under30Experiences, a travel company for young people ages 21-35. He is the original Co-founder of Under30CEO (Acquired 2016). Matt is the Host of the Live Different Podcast and has 50+ Five Star iTunes Ratings on Health, Fitness, Business and Travel. He brings a unique, uncensored approach to his interviews and writing. His work is published on Under30CEO.com, Forbes, Inc. Magazine, Huffington Post, Reuters, and many others. Matt hosts yoga and fitness retreats in his free time and buys all his food from an organic farm in the jungle of Costa Rica where he lives. He is a shareholder of the Green Bay Packers.

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