What are some tips for early stage startups?

Managing an early stage start-up can be a daunting task, especially when considering the funding of the start-up. Start-ups need to be smart about the cashflow, so as to ensure there is enough to pay the salaries of the team. It is recommended that a start-up should have a highly efficient and motivated group of people working for it. It is imperative to pay heed to feedback and constructive criticism. The deep rooted fear of failure is ever present but that should not act as a hindrance to the goal. It is always better to hire like minded people and clarify the goal. Celebrating key milestones is a good idea since it allows the team to feel good about their work.

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