Business, Start Up

10 Secrets To Startup Success, Straight From The Experts

“Every pro was once an amateur.”

Starting a business isn’t for the faint of heart. If you’ve already begun on your startup venture, you already know this. And if you’re just starting out, well, now you know.

But, the best entrepreneurs in the world were once in your shoes. Just starting out with little more than a dream and sheer determination (we know, we are there too!). The Elon Musk’s, Bill Gates and Steve Jobs’ all started out with the odds stacked against them. But after a huge amount of hard work, some luck and good timing they made their dreams a success. And you can too.

We’ve compiled a list of the best tips from industry leaders to give you the secrets to a successful startup, no matter where you’re starting out!

10 Secrets to a Successful Startup

Secrets to a Successful Startup - Bob Parsons

1. Bob Parsons, Founder of GoDaddy

“What I learned from Rockefeller that’s off-the-hook important is: You need to know exactly where you stand in a business at all times. Measure everything because everything that is measured and watched, improves.”


Secrets to a Successful Startup - Eric Koger

2. Eric Koger, Founder of ModCloth

“I would encourage other entrepreneurs to spend a lot of time boiling down what their business is, what it does and what it represents. If you nail down a 60-to 90-second synopsis, that will pay a lot of dividends throughout the life of your business.”


Secrets to a Successful Startup - Jerry Murrell

3. Jerry Murrel, Co-Founder of Five Guys

“We figure our best salesman is our customer. Treat that person right, he’ll walk out the door and sell for you. From the beginning, I wanted people to know that we put all our money into the food. That’s why the decor is so simple–red and white tiles. We don’t spend our money on decor. Or on guys in chicken suits. But we’ll go overboard on food.”


Secrets to a Successful Startup - Caterina Fake

4. Caterina Fake, Co-Founder of Flickr

“Pick a good market. The idea for approaching that market may change, but find a meaty problem to solve. You can try to attack it a bunch of different ways. Don’t be too narrow.”


Secrets to a Successful Startup - Leo Widrich

5. Leo Widrich, Co-Founder of Buffer

“It took me years to finally start saying no to things that would take me away from what really needed my attention. No to meetings. No to interviews, and no to extra projects (for extra money.) When I implemented my daily to-do lists my whole day/week/month changed. I would only accept opportunities if they could come after my to-dos were completed.”


Secrets to a Successful Startup - Peter Berg

6. Peter Berg, Founder of October Three

“Be really picky with your hiring, and hire the absolute best people you possibly can. People are the most important component of almost every business, and attracting the best talent possible is going to make a huge difference.”


Secrets to a Successful Startup - Marissa Mayer

7. Marissa Mayer, President & CEO of Yahoo.com

“I always did something I was a little not ready to do. I think that’s how you grow. When there’s that moment of ‘Wow, I’m not really sure I can do this,’ and you push through those moments, that’s when you have a breakthrough.”


Secrets to a Successful Startup - Mark Zuckerberg

8. Mark Zuckerberg, Founder of Facebook

“The biggest risk is not taking any risk…In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”


Secrets to a Successful Startup - Mark Cuban

9. Mark Cuban, Co-Founder of Broadcast.com, Philanthropist & Entrepreneur

“Your customers can tell you the things that are broken and how they want to be made happy. Listen to them. Make them happy. But don’t rely on them to create the future road map for your product or service. That’s your job.”


Secrets to a Successful Startup - Tim Ferriss

10. Tim Ferriss, Author of “The 4 Hour Work Week” & Entrepreneur

“The best advice I’ve ever received is ‘you are the average of the 5 people you associate with most.’ I’ve actually heard this from more than one person, including bestselling authors, Drew Houston of Dropbox, and many others who are icons of Silicon Valley. It’s something I re-read every morning. It’s also said that ‘your network is your net worth.’ These two work well together.”

Published by:

Shaylee Field

Shaylee is the social media manager for Data Nerds. In her spare time she likes to hang out with her cats, work on her Beauty Blog and be a giant nerd.

40 comments on “10 Secrets To Startup Success, Straight From The Experts

  1. I really like the quote from Tim, in the one from five guys CEO. Sounds good to hear what people are really influential in different niches are up to!

  2. I love the one that Mark Zuckerberg said, it’s really all about taking risks. You’ll never know if your business will do good or not if you don’t jump in and just do it.

  3. I love this! I was just telling someone the other day that if they’re not willing to take any risks, then it is going to be really tough to be successful in business.

  4. Love this quote “… everything that is measured and watched, improves” I think it’s so true! Every succesful busisness has to be organized and monitored for it to succeed other wise you’ll never know if you reach the goal because there never was a goal to begin with

  5. I keep reading about Tim Ferriss and his book – I think I need to pick it up and see what I can learn from him. I love the fact that you start off by saying that every pro was once an amateur, I think it is easy to forget that sometimes. I personally like the quote: Amateurs Practice Until They Get It Right; Professionals Practice Until They Can’t Get It Wrong

  6. “The biggest risk is not taking any risk…” I am guilty of letting fear steer the boat and I shudder to think how many things I may have missed out on. Time to start taking some risks!

  7. Great tips! They cover everything from fear to saying “no”. Always good to have these reminders. Thank you!

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