Search Google for โHow to start a new business in 2025โ, and you see Google algo omitting SERPs with the same old steps and suggestions.
While those articles do a decent job outlining steps, they often lackโfresh perspectives, hands-on tips, and real-life experience.
So I decided not to repeat what you already know, but add some genuine advice you can apply right away.
Implement these pointers into your business strategy, and youโll have a blast this year.
1. You need to know everything.
You donโt know everything when you start, and thatโs fine. When we built Upmetrics, the only thing I initially knew was how to code and build products. I knew nothing about building a team, marketing a SaaS, or writing. But I learned as I went.
You can hire the best people, but as the founder, you know your business more than anyone else. Stay informed about every department so youโre sure things are on track.
โJack of all trades, master of one.โ
2. You can do everything, doesnโt mean you should.
This might sound like Iโm contradicting the first point, but hereโs what I mean: as a business owner, youโll have more tasks than you can handle.
Your team members will come to you with the weirdest problems, โcoz โboss can do everything.โ
There will be times when youโll think, โLet me do it myself, itโll save time and back & forth,โ but, you do it once, and the guy will come back next time with the same issue.
Solution: Let your people handle their roles. Youโll step in if something goes wrong.
With time youโll realize:
โIt’s not only about getting results yourself, but getting your team to get those results for the business.โ
3. Identify the 20% of inputs that drive 80% of the results.
This is the Pareto principleโ80% of outcomes usually stem from around 20% of your inputs. While not exact all the time, this idea is quite relevant in business. For instance:
- 80% of your returns might come from 20% of your marketing efforts.
- 80% of your revenue might come from 20% of your customers.
- 20% of your workforce might have handled most daily operations.
Iโm not suggesting you ignore the rest, but prioritize where your main results come from.
Our own example:
When we initially started, we tried marketing through different channelsโSEO, paid advertising, social, affiliate, and more. Eventually, we noticed SEO brought the best results, while we kept dumping resources into other channels.
We shifted our focus, invested more in SEO, and never looked back ever since.
4. Invest in business plan & strategy.
When I say โinvest,โ I mean time, money, or other resources. You might hire a consultant, buy proper planning software, or even use something free like ChatGPT, but make sure you put in real effort into your plan.
Investing in your plan ensures you care about business, and what you call a โbusiness planโ is actually a well-curated piece, not a rushed afterthought.
- If you have timeโinvest in a decent business planning software. (ChatGPT isnโt enough)
- If you have moneyโteam up with expert consultants. While they get the job done, you must stay involved with each step.
โNot investing enough time or money often results in a mediocre planโone that fails to get you funded or guide your operations.โ
5. Customer success >>> customer support.
If your business is anything like mine (a SaaS or service-based startup)โthis one is paramount.
I remember defining these two for our team:
- Customer support: Promptly responding to user queries, making sure they get help when needed.
- Customer success: Check on customers before they even ask for help, see if theyโre stuck or need tips, and be there ahead of time.
โSupport helps them get by, but success ensures they have an outstanding experience.โ
6. Build a really strong core
A strong core means a core group of people who know everything about your business, who can take care of it even if youโre not there.
This way, youโre free to focus on higher-level growth. If something goes wrong, you know exactly who to talk to.
Once youโve got a strong core, stick with themโyou donโt want to reinvent the wheel. This is essential if you want your business to move forward.
7. Short-term gain often results in long-term pain
I know it sounds a bit philosophical, but it’s true. I can give a dozen examples of how some things that look and feel beneficial at given moment, might result badly.
So always have a long-term vision for any business strategy. If you ever find yourself dealing with such an opportunity, stand still, and ask yourself if this would be beneficial in the long-term. Youโll have your answer.
Thatโs it for today. As I conclude my first letter of 2025, I wish you all a very happy new year.
Including some resources to help you uplift from the idea-stage, and start working towards your business.
Wishing luck for your business in 2025 ๐
Until next time,
Happy business planning ๐