5 startup tips for success

Starting a business can be one of the most exciting and difficult career choices in your life. During the growth period of a business, there are many factors that go into getting a business off the ground. The following are five tips that every entrepreneur should know beforehand.

First, the best entrepreneurs are also some of the best listeners. They take different perspectives into account when making decisions by seeking sound advice outside the business. Second, you need to understand the specific market and customers and how to bring value to customers before you start a business. Focusing on customer satisfaction will help your business continue to grow as they'll act as advocates for you and the company on your behalf, thus in turn, helping to build up your reputation. The third piece of advice is to surround yourself with talented people who fit your company culture. Creating opportunities for employee career growth is as important as hiring intelligent members to your team. Satisfying your team with a culture of open communication will keep your team working in a productive way.

When it comes to decision-making, base your decision on quantitative research and analysis. It’s one of the most valuable skills that will help you get an idea of the critical metrics that pertain to your organization and help predict performance.  The last tip is about being prepared to fail. Embracing failure can help you to learn from your own mistakes and move forward efficiently. Being resilient is the key for a successful business. Learn when to listen to suggestions and when to trust your instincts.

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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