{"id":29623,"date":"2018-01-16T17:38:06","date_gmt":"2018-01-16T21:38:06","guid":{"rendered":"http:\/\/www.andysowards.com\/blog\/?p=29623"},"modified":"2018-01-16T17:40:00","modified_gmt":"2018-01-16T21:40:00","slug":"6-months-new-startup","status":"publish","type":"post","link":"https:\/\/www.andysowards.com\/blog\/2018\/6-months-new-startup\/","title":{"rendered":"Life After the First 6 Months of Your New Startup"},"content":{"rendered":"

The amount of time required to grow from a startup into a small business<\/a> will depend heavily on the type of business you are, the investment you\u2019ve put in and also your audience. No business is equal, but there are some common similarities that all businesses go through after 6 months of being a startup.<\/p>\n

In this article, we\u2019ll be discussing a few points to keep in mind once you\u2019ve passed the half-year mark with your company so that you can successfully continue growing your company.<\/p>\n

Planning your business takes a lot of time, dedication and also vision.<\/p>\n

Understanding Your Audience<\/h3>\n

\"step-6-for-a-successful-startup-know-your-audience\"<\/a>
\nStep 6 For A Successful Startup: Know Your Audience<\/em><\/p>\n

By the half-year mark, you should probably have some idea of what your core audience is like. You should have some understanding of what their interests are, their age group and so on. You probably had an ideal customer profile when you started your business, but it probably didn\u2019t meet your expectations and you\u2019ve probably ended up adjusting your products and approach to fit your new audience.<\/p>\n

Preparing Your Taxes<\/h3>\n

\"common-startup-tax-mistakes\"<\/a>
\n8 Common Tax Mistakes That Startups Make<\/em><\/p>\n

If you need tax preparation<\/a> help then it\u2019s best to hire someone to help you out. If it\u2019s your first year then managing all of your expenses and income can be troublesome, and if you don\u2019t keep a log of all of your transactions then it will make life difficult for you in the future. While you probably don\u2019t need to hire an accountant during the first year of your startup, it\u2019s still good to have at least some cloud accounting software so that you can better manage your financial situation on your own.<\/p>\n

Plans to Diversify<\/h3>\n

\"diversify-your-startup-growth\"<\/a>
\nFrom Startup To Conglomerate: Eight Tips For Entrepreneurs To Grow Their Businesses<\/em><\/p>\n

One of the keys to success<\/a> for any business is being able to bolster your product lineup or services by diversifying what you offer. Not only does this offer more choice to the consumer, but it helps you grow a wider audience and attract different types of customers. For example, if you\u2019re a smartphone manufacturer then you might make a \u201cpremium\u201d version of your flagship for the people that want extra features, then a \u201clight\u201d version of your device which strips many of the flagship features but still remains a relatively compact and robust experience. This will help you attract consumers at different price points and gives you more exposure in the industry compared to just focusing on a single product.<\/p>\n

Finding Time for Yourself<\/h3>\n

\"how-10-ceos-work-smarter-manage-better-and-get-things-done-faster\"<\/a>
\nHow 10 CEOs work smarter, manage better and get things done faster<\/em><\/p>\n

Something that many budding entrepreneurs forget is to take care of themselves<\/a>. Business is stressful and handling it can get incredibly tedious if you don\u2019t handle it correctly. As a result, it\u2019s important to spend time with friends and family, work on your fitness and indulge in personal hobbies. Don\u2019t make your life revolve around your work or else you\u2019ll burn out and come to hate your career choice. As long as you\u2019re willing to make changes and adapt your lifestyle, you\u2019ll find that you can still live your life and be a successful entrepreneur at the same time.<\/p>\n","protected":false},"excerpt":{"rendered":"

The amount of time required to grow from a startup into a small business will depend heavily on the type of business you are, the investment you\u2019ve put in and<\/p>\n","protected":false},"author":1,"featured_media":29627,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[109,359],"tags":[987,5891,5973,8296,276,7106,6634,988,277,7405,686,5495,118,5902,7035,5901,5607,826,1399,1013,115,8380,222,4541,441],"yoast_head":"\nLife After the First 6 Months of Your New Startup<\/title>\n<meta name=\"description\" content=\"The amount of time required to grow from a startup into a small business will depend heavily on the type of business you are, the investment you\u2019ve put in\" 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