60 Things Every Startup Needs To Know – Moses Kemibaro1
60THINGS EVERY STARTUP NEEDS TO KNOW
60 Things Every Startup Needs To Know – Moses Kemibaro2
MOSES KEMIBARO BIOGRAPHY
• Founder @ Dotsavvy since 2002
• Manager@ Perform Group since 2014
• TechBlogger @ MosesKemibaro.com
• Africa Sales Director @ InMobi in 2012
• Founder @ Dealfish (OLX KE) 2010/11
• Chairman @ ASC since 2015
60 Things Every Startup Needs To Know – Moses Kemibaro3
YOUR BUSINESS IDEAS ARE ARENOT UNIQUE
The majority of businessideas out there are a remix of something that’s already been done
60 Things Every Startup Needs To Know – Moses Kemibaro4
DON’T FALL IN LOVE WITH YOUR BUSINESS IDEAS
Business ideas are a commodity so the more you have the better they get
60 Things Every Startup Needs To Know – Moses Kemibaro5
BUSINESS IDEAS ARE USELESS WITHOUT EXECUTION
Everyone has great ideas - the difference is those who get them done and those who don’t
60 Things Every Startup Needs To Know – Moses Kemibaro6
CUSTOMERS ARE KING, &QUEEN, ETC
Focus on acquiring customersfrom day one – that’s what matters
60 Things Every Startup Needs To Know – Moses Kemibaro7
A POSITIVE CASHFLOW SOLVES ALL PROBLEMS
A startup that has a positive cash flow can survive the tough times
60 Things Every Startup Needs To Know – Moses Kemibaro8
PUSH YOUR BUSINESS BEYOND ITSBOUNDARIES
Preconceived notions about what you can or cannot do as a business is all in your mind
60 Things Every Startup Needs To Know – Moses Kemibaro9
INNOVATION MEANS NO MATURE MARKETS
Nothing is said and done. Just ask Uber, Safaricom, AirBNB & Tesla. Everything is up for
disruption
60 Things Every Startup Needs To Know – Moses Kemibaro10
EXPONENTIAL SCALING CHANGES EVERYTHING
In today’s global business environment, growing big fast (scaling) as a businesscan mean the
difference between success and failure even with an inferior product. There is a good reason
why Uber is worth US$ 62B!
60 Things Every Startup Needs To Know – Moses Kemibaro11
SEEK NON-LINEAR BUSINESS MODELS
In addition to scaling fast, seek businessmodels that follow an exponential growth curve
60 Things Every Startup Needs To Know – Moses Kemibaro12
DON’T BURN YOUR BRIDGES
Building a business requires all the help you can get and therefore it is essential to keep your
doors open, even for a competitor or former employer to help
60 Things Every Startup Needs To Know – Moses Kemibaro13
NOTHING SUCCEEDS LIKE THELOOK OF SUCCESS
If it looks like a duck, walks like a duck and talks like a duck, it most probably is a duck! Make
sure you are the best all round in the industry. The best proposals. The best sales pitch. The
best everything! Look the part of a millionshillings!
60 Things Every Startup Needs To Know – Moses Kemibaro14
VALIDATE YOUR BUSINESS BEFORE GOING ALL IN
The reality is that many businessesfail because they were built on assumptions instead of
accurate market insights. Therefore, do your homeworkand get actual paying customers
before placing the big bets
60 Things Every Startup Needs To Know – Moses Kemibaro15
THE FISHING IS BEST WHERE FEW DARE TOGO
When it comes to customer acquisition, the ones that you fear approaching are the very ones
you need to go after. Fortune favors the brave!
60 Things Every Startup Needs To Know – Moses Kemibaro16
NOTHING BEATS OLD SCHOOL TOWIN CUSTOMERS
Forget using email, skype, whatsapp, etc only. In an increasingly digital world, personal visits,
hand-written cards, phone calls, gifts, etc make brands stand out
60 Things Every Startup Needs To Know – Moses Kemibaro17
FOUNDERS FIGHT SO FIGURE ITOUT EARLY
Any business venture with co-founders can unravel if the they are not of the same heart and
mind – if you can figure this out early it can save you years of wasted time and emotions
60 Things Every Startup Needs To Know – Moses Kemibaro18
LEADERS ARE NOT BORN THEY AREMADE
Leaders are always a work in progress. Younever know it all. Considerthat your decisions
affect the lives of ALL your stakeholders. It’s a massive responsibility! Get help from those
who have gone before you – reach up, not downwards or sideways. Get skills. Make. It. Work!
60 Things Every Startup Needs To Know – Moses Kemibaro19
IF YOU FAIL TO PLAN YOU PLAN TOFAIL
What is worse than having a bad plan is having no planat all. Even if you fall short it means
you aimed for a target rather than none. If you don’t know where you are going, how the heck
will you know when you have arrived?
60 Things Every Startup Needs To Know – Moses Kemibaro20
BUILD A BUSINESS MODEL THAT CAN GO GLOBAL
Yes. I know. This sounds cliché? It may not count or matter if your focus is just Kenya or East
Africa based on your current business but the payoff of building a global business far exceeds
the prospect of a small local business.
60 Things Every Startup Needs To Know – Moses Kemibaro21
HUSTLING TRUMPS WINNING COMPETITIONS
Seriously. Acquiring customers and retaining them is all that counts. If you winning startup
competitions and have no working business model to speak of your just screwing around.Go
out there and sell like your life depends on it whilst making the best product or service
possible.
60 Things Every Startup Needs To Know – Moses Kemibaro22
LOW BARRIERS TO ENTRY MEAN YOU CAN WIN
Never in the history of business in Kenya have the barriersto entry been so low for startups.
Now is the time to step up and make your business ‘blow up’. Everything you need is there –
just hustle and make it happen!
60 Things Every Startup Needs To Know – Moses Kemibaro23
TALENT CAN MAKE OR BREAK YOUR BUSINESS
The battle for the best talent is on. Talent defines what you can or cannot do as a business.
Be prepared to pay top shilling for the best you can afford.
60 Things Every Startup Needs To Know – Moses Kemibaro24
TALENT IS NOT JUST ABOUT THE USUAL SUSPECTS
I have found that the best talent for your start up is sometimes the people you least expect to
thrive in a role. Sometimes, the best talent is right under your nose
60 Things Every Startup Needs To Know – Moses Kemibaro25
BAD LEADERSHIP HAPPENS TOGREAT STARTUPS
Bad leadership candestroy what is essentially an ironclad startup. Therefore, work youryour
leadership skills and team everyday to get better
60 Things Every Startup Needs To Know – Moses Kemibaro26
BAD EMPLOYEES HAPPEN TOGREAT STARTUPS TOO
Its NOT just about solid credentialsand skills. Employees who are toxic, even if they are
brilliant, can destroy yourbusinessby spreading like a cancer. If you don’t cut them out early
your screwed!
60 Things Every Startup Needs To Know – Moses Kemibaro27
TENACITY IS A GIVEN TOMOVE THINGS FORWARD
The entrepreneur journey requires that you go all in to make things happens. Thismeans
always being relentlessin pursuing new business, solving customer problems, creating great
services. There is no substitute for the determined effort needed to succeed.
60 Things Every Startup Needs To Know – Moses Kemibaro28
CONTENT MARKETING GETS YOUR BRAND SEEN
Create a blog and post weekly about your industry and business. Create infographics. Get a
newspaper column. Get speaker engagements at events. Get on radio. Give free training.
Share decks. Get your brand out there. Own the space!
60 Things Every Startup Needs To Know – Moses Kemibaro29
CONTACTS + HUSTLE = MONEY INTHE BANK
You need to grow your base of contacts to drive more sales – always! Therefore, you are
really not short of money since that comes in when you have an massive sales pipeline. Start
with friends and family and expand from there. Do things that make you scared!
60 Things Every Startup Needs To Know – Moses Kemibaro30
DO DELEGATE DO NOT MICROMANAGE
This is hard. Really hard! Thisis why having the best talent possible and businessprocesses is
required. Failure to do so means you have to do everything yourself. Madnesshappens!
60 Things Every Startup Needs To Know – Moses Kemibaro31
BUSINESS IS PERSONAL
Every startup needs help to lift off and the most accessible help is friends and family
60 Things Every Startup Needs To Know – Moses Kemibaro32
BUILD A BRAND THAT HAS APURPOSE
A logo is not a brand. Neither is a website or mobile app. A brand is the core of what you are
doing. The raison d'etre or ‘the reason for being’. This is what will attract and retain your‘tribe’
of customers
60 Things Every Startup Needs To Know – Moses Kemibaro33
MARKETING COLLATERAL SUPPORTS SALES EFFORTS
Business cards. Website. Language. Office. Presentations. In person engagement. All these
things and more are essential in closing the sale.
60 Things Every Startup Needs To Know – Moses Kemibaro34
STRATEGIC PARTNERSHIPS
Seek strategic partnerships with people and organizations that can help you grow your
business. Look for resellersand commission agents for instance. Lookfor board members who
can make introductions to the right places. It can change everything!
60 Things Every Startup Needs To Know – Moses Kemibaro35
HAVE A BRAND STORY
Human beings have told stories for millenia. Thisis how we communicate most effectively.
Therefore, make sure you can create a brand story that compels customers to consider your
brand over others. Some of the best brand stories include Apple, KFC & Under Armour.
60 Things Every Startup Needs To Know – Moses Kemibaro36
LIVE THE ETHOS OF THE BRAND
Part of branding is actually living the thing that you are selling or doing as a business. Nothing
creates brand authenticity or credibility like demonstrating that you are one and the same with
what you are selling as a business
60 Things Every Startup Needs To Know – Moses Kemibaro37
THE 80/20 RULE FOR CUSTOMER DEVELOPMENT
In my experience, Pareto’s Principle or the 80/20 rule matters in customer acquisition or
retention. This means that NOT all customers are equal as some are more valuable than
others. Figure this out early so that you can prioritize resource allocation
60 Things Every Startup Needs To Know – Moses Kemibaro38
GREAT CUSTOMER ENGAGEMENT =GREAT WORK
Contrary to the popular notion that great work creates a great customer, this works in the
opposite. A customer partnershipwhere there is a harmony of goals and efforts leads to great
work every time
60 Things Every Startup Needs To Know – Moses Kemibaro39
DELIVER THE PROMISE WHATEVER IT TAKES
As a brand, your business must do everything possible to deliver on the promise. If this does
NOT happen prepare for the possibility of business failure.
60 Things Every Startup Needs To Know – Moses Kemibaro40
FORGET THE HYPE FOCUS ON GETTING IT DONE!
Hype can be seductive and delusional. Put your head down and get the work done. That’s
what counts for your customersand your business.
60 Things Every Startup Needs To Know – Moses Kemibaro41
PROCESSES RUN BUSINESS PEOPLE RUNPROCESSES
Clearly defined business processes canmake all the difference. You canhave the best talent
but a lack of business processes will fail to realize the full potential of your brand
60 Things Every Startup Needs To Know – Moses Kemibaro42
A BRAND CANNOT BEEVERYTHING TOEVERYONE
It is so important to define what your brand is about and who its targeting. A brand cannot be
everything to everyone. Consider how Apple appealsto certain market segments and not
others. Find your brand ‘tribe’ and focus on a niche
60 Things Every Startup Needs To Know – Moses Kemibaro43
MARKET RESEARCH MEANS HITTING THE GROUND
Forget online research only. Going out and meeting people to demonstrate your product or
service in person is one of the best ways of better understanding what they think of it and
how to iterate to the next version.
60 Things Every Startup Needs To Know – Moses Kemibaro44
COLD CALLING STILL WORKS
Cold calling, which literally meansknocking on doorsunannounced to get business still works.
This works well especially when you have qualified a sales target who can truly benefit from
what you have to offer.
60 Things Every Startup Needs To Know – Moses Kemibaro45
UNHAPPY CUSTOMERS AREYOUR TRUENORTH
When all is said and done, the customers who are the most difficult and have issues with your
business can truly help you make your business better with their candid feedback. As
Microsoft’s Bill Gates once said, ‘Your most unhappy customers are your greatest source of
learning’.
60 Things Every Startup Needs To Know – Moses Kemibaro46
PROACTIVELY SOLICIT CUSTOMER REFERRALS
Don’t wait for customer referrals to happen serendipitously. Make them them happen on
purpose. This means reaching out to existing customers who shouldideally be happy with
your services to recommend several names of other people or businesses
60 Things Every Startup Needs To Know – Moses Kemibaro47
SOCIAL MEDIA ISOVERRATED
Social media is overrated. Everyone is doing social media but forgetting the basics of
marketing and customerservice. Go out there, meet people, get business, in person.
60 Things Every Startup Needs To Know – Moses Kemibaro48
EMAIL MARKETING OUTPERFORMS SOCIAL MEDIA
Its true. Google the research. Email marketing leads to more conversions than social media
does. Email marketing done right will sell more. The best part is that its one-on-one and highly
measurable
60 Things Every Startup Needs To Know – Moses Kemibaro49
THE GOAL OFALL MARKETING ISSALES
Yes. Its true. Ultimately, all marketing should lead to sales, in addition to brand awareness and
other ‘softer’ objectives. Sales conversions matter. End of story.
60 Things Every Startup Needs To Know – Moses Kemibaro50
GREAT PUBLIC RELATIONS WORKS WONDERS
In the digital age its still impressive to see how effective public relations still is.This means
engaging regularly with media to get your message out there on digital and traditional media
with a great story about your brand
60 Things Every Startup Needs To Know – Moses Kemibaro51
MAKE YOUR BRAND OMNIPRESENT
Be everywhere all the time. Make your brand visible on all channels always.This takes work
but avoids the classic startup problem of obscurity.
60 Things Every Startup Needs To Know – Moses Kemibaro52
COMPANY CULTURE DRIVES EVERYTHING
A company with a great culture is able to become a business that exceed all odds.A company
culture is everything. Customer service in particularcan be largely seen as a result of a good
company culture – how much does your brand care about the customer?
60 Things Every Startup Needs To Know – Moses Kemibaro53
CREATE SERENDIPITY
Create moments of serendipity by getting out there to meet people all the time. Serendipity
leads to new opportunities.
60 Things Every Startup Needs To Know – Moses Kemibaro54
DON’T GET DISTRACTED BY THECOMPETITION
If your business is really solid andyou have something of value for your customers then
competition should not be your focus – your customers should be. Clients only leave when
they have a better option, not when you are delivering exceptional value for money
60 Things Every Startup Needs To Know – Moses Kemibaro55
SALES ARE EMOTIONALLY DRIVEN
Customers buy with their hearts, not their minds.Therefore, a solid brand knows which
emotional triggers workfor their offerings. Why do people buy Apple products?
60 Things Every Startup Needs To Know – Moses Kemibaro56
PIVOT YOUR BUSINESS EVERYDAY
Nothing stays constant in the world so make sure your ‘pivoting’ your business everyday to
keep up with the changes happening around you.
60 Things Every Startup Needs To Know – Moses Kemibaro57
BE OBSESSIVE ABOUT EVERYTHING
Everything matters. EVERYTHING. Being obsessive counts as itcan make a good product
become great and a lost customer become an enthusiastic brand advocate.
60 Things Every Startup Needs To Know – Moses Kemibaro58
YOUR BRAND IS A MEDIA COMPANY
True story. Every brand today is a media company that uses social mediaand digital marketing
channels to produce and distribute its brand content. RedBull is the best example out there
today.
60 Things Every Startup Needs To Know – Moses Kemibaro59
MARKETING FUNDAMENTALS STILL MATTER
Digital marketing is NOT the end game. Digital is ultimately a mix of channels but the
marketing strategy ultimately drives the message on the channels. Remember this!
60 Things Every Startup Needs To Know – Moses Kemibaro60
ABOVE ALL ELSE FAMILY FIRST
Startups can be all consuming. They can burneverything in your life. This happens. All. The.
Time! Just remember when all is said and done, all you have is your family so never lose sight
of that. They are what matters the most.
60 Things Every Startup Needs To Know – Moses Kemibaro61
BEND REALITY
To your will. Nothing is writ. Nothing is truly lost or won. Just make it happen.
60 Things Every Startup Needs To Know – Moses Kemibaro62
THANK YOU!
Moses Kemibaro
moses@moseskemibaro.com
@moseskemibaro
moseskemibaro.com

60 Things Every Startup Needs To Know

  • 1.
    60 Things EveryStartup Needs To Know – Moses Kemibaro1 60THINGS EVERY STARTUP NEEDS TO KNOW
  • 2.
    60 Things EveryStartup Needs To Know – Moses Kemibaro2 MOSES KEMIBARO BIOGRAPHY • Founder @ Dotsavvy since 2002 • Manager@ Perform Group since 2014 • TechBlogger @ MosesKemibaro.com • Africa Sales Director @ InMobi in 2012 • Founder @ Dealfish (OLX KE) 2010/11 • Chairman @ ASC since 2015
  • 3.
    60 Things EveryStartup Needs To Know – Moses Kemibaro3 YOUR BUSINESS IDEAS ARE ARENOT UNIQUE The majority of businessideas out there are a remix of something that’s already been done
  • 4.
    60 Things EveryStartup Needs To Know – Moses Kemibaro4 DON’T FALL IN LOVE WITH YOUR BUSINESS IDEAS Business ideas are a commodity so the more you have the better they get
  • 5.
    60 Things EveryStartup Needs To Know – Moses Kemibaro5 BUSINESS IDEAS ARE USELESS WITHOUT EXECUTION Everyone has great ideas - the difference is those who get them done and those who don’t
  • 6.
    60 Things EveryStartup Needs To Know – Moses Kemibaro6 CUSTOMERS ARE KING, &QUEEN, ETC Focus on acquiring customersfrom day one – that’s what matters
  • 7.
    60 Things EveryStartup Needs To Know – Moses Kemibaro7 A POSITIVE CASHFLOW SOLVES ALL PROBLEMS A startup that has a positive cash flow can survive the tough times
  • 8.
    60 Things EveryStartup Needs To Know – Moses Kemibaro8 PUSH YOUR BUSINESS BEYOND ITSBOUNDARIES Preconceived notions about what you can or cannot do as a business is all in your mind
  • 9.
    60 Things EveryStartup Needs To Know – Moses Kemibaro9 INNOVATION MEANS NO MATURE MARKETS Nothing is said and done. Just ask Uber, Safaricom, AirBNB & Tesla. Everything is up for disruption
  • 10.
    60 Things EveryStartup Needs To Know – Moses Kemibaro10 EXPONENTIAL SCALING CHANGES EVERYTHING In today’s global business environment, growing big fast (scaling) as a businesscan mean the difference between success and failure even with an inferior product. There is a good reason why Uber is worth US$ 62B!
  • 11.
    60 Things EveryStartup Needs To Know – Moses Kemibaro11 SEEK NON-LINEAR BUSINESS MODELS In addition to scaling fast, seek businessmodels that follow an exponential growth curve
  • 12.
    60 Things EveryStartup Needs To Know – Moses Kemibaro12 DON’T BURN YOUR BRIDGES Building a business requires all the help you can get and therefore it is essential to keep your doors open, even for a competitor or former employer to help
  • 13.
    60 Things EveryStartup Needs To Know – Moses Kemibaro13 NOTHING SUCCEEDS LIKE THELOOK OF SUCCESS If it looks like a duck, walks like a duck and talks like a duck, it most probably is a duck! Make sure you are the best all round in the industry. The best proposals. The best sales pitch. The best everything! Look the part of a millionshillings!
  • 14.
    60 Things EveryStartup Needs To Know – Moses Kemibaro14 VALIDATE YOUR BUSINESS BEFORE GOING ALL IN The reality is that many businessesfail because they were built on assumptions instead of accurate market insights. Therefore, do your homeworkand get actual paying customers before placing the big bets
  • 15.
    60 Things EveryStartup Needs To Know – Moses Kemibaro15 THE FISHING IS BEST WHERE FEW DARE TOGO When it comes to customer acquisition, the ones that you fear approaching are the very ones you need to go after. Fortune favors the brave!
  • 16.
    60 Things EveryStartup Needs To Know – Moses Kemibaro16 NOTHING BEATS OLD SCHOOL TOWIN CUSTOMERS Forget using email, skype, whatsapp, etc only. In an increasingly digital world, personal visits, hand-written cards, phone calls, gifts, etc make brands stand out
  • 17.
    60 Things EveryStartup Needs To Know – Moses Kemibaro17 FOUNDERS FIGHT SO FIGURE ITOUT EARLY Any business venture with co-founders can unravel if the they are not of the same heart and mind – if you can figure this out early it can save you years of wasted time and emotions
  • 18.
    60 Things EveryStartup Needs To Know – Moses Kemibaro18 LEADERS ARE NOT BORN THEY AREMADE Leaders are always a work in progress. Younever know it all. Considerthat your decisions affect the lives of ALL your stakeholders. It’s a massive responsibility! Get help from those who have gone before you – reach up, not downwards or sideways. Get skills. Make. It. Work!
  • 19.
    60 Things EveryStartup Needs To Know – Moses Kemibaro19 IF YOU FAIL TO PLAN YOU PLAN TOFAIL What is worse than having a bad plan is having no planat all. Even if you fall short it means you aimed for a target rather than none. If you don’t know where you are going, how the heck will you know when you have arrived?
  • 20.
    60 Things EveryStartup Needs To Know – Moses Kemibaro20 BUILD A BUSINESS MODEL THAT CAN GO GLOBAL Yes. I know. This sounds cliché? It may not count or matter if your focus is just Kenya or East Africa based on your current business but the payoff of building a global business far exceeds the prospect of a small local business.
  • 21.
    60 Things EveryStartup Needs To Know – Moses Kemibaro21 HUSTLING TRUMPS WINNING COMPETITIONS Seriously. Acquiring customers and retaining them is all that counts. If you winning startup competitions and have no working business model to speak of your just screwing around.Go out there and sell like your life depends on it whilst making the best product or service possible.
  • 22.
    60 Things EveryStartup Needs To Know – Moses Kemibaro22 LOW BARRIERS TO ENTRY MEAN YOU CAN WIN Never in the history of business in Kenya have the barriersto entry been so low for startups. Now is the time to step up and make your business ‘blow up’. Everything you need is there – just hustle and make it happen!
  • 23.
    60 Things EveryStartup Needs To Know – Moses Kemibaro23 TALENT CAN MAKE OR BREAK YOUR BUSINESS The battle for the best talent is on. Talent defines what you can or cannot do as a business. Be prepared to pay top shilling for the best you can afford.
  • 24.
    60 Things EveryStartup Needs To Know – Moses Kemibaro24 TALENT IS NOT JUST ABOUT THE USUAL SUSPECTS I have found that the best talent for your start up is sometimes the people you least expect to thrive in a role. Sometimes, the best talent is right under your nose
  • 25.
    60 Things EveryStartup Needs To Know – Moses Kemibaro25 BAD LEADERSHIP HAPPENS TOGREAT STARTUPS Bad leadership candestroy what is essentially an ironclad startup. Therefore, work youryour leadership skills and team everyday to get better
  • 26.
    60 Things EveryStartup Needs To Know – Moses Kemibaro26 BAD EMPLOYEES HAPPEN TOGREAT STARTUPS TOO Its NOT just about solid credentialsand skills. Employees who are toxic, even if they are brilliant, can destroy yourbusinessby spreading like a cancer. If you don’t cut them out early your screwed!
  • 27.
    60 Things EveryStartup Needs To Know – Moses Kemibaro27 TENACITY IS A GIVEN TOMOVE THINGS FORWARD The entrepreneur journey requires that you go all in to make things happens. Thismeans always being relentlessin pursuing new business, solving customer problems, creating great services. There is no substitute for the determined effort needed to succeed.
  • 28.
    60 Things EveryStartup Needs To Know – Moses Kemibaro28 CONTENT MARKETING GETS YOUR BRAND SEEN Create a blog and post weekly about your industry and business. Create infographics. Get a newspaper column. Get speaker engagements at events. Get on radio. Give free training. Share decks. Get your brand out there. Own the space!
  • 29.
    60 Things EveryStartup Needs To Know – Moses Kemibaro29 CONTACTS + HUSTLE = MONEY INTHE BANK You need to grow your base of contacts to drive more sales – always! Therefore, you are really not short of money since that comes in when you have an massive sales pipeline. Start with friends and family and expand from there. Do things that make you scared!
  • 30.
    60 Things EveryStartup Needs To Know – Moses Kemibaro30 DO DELEGATE DO NOT MICROMANAGE This is hard. Really hard! Thisis why having the best talent possible and businessprocesses is required. Failure to do so means you have to do everything yourself. Madnesshappens!
  • 31.
    60 Things EveryStartup Needs To Know – Moses Kemibaro31 BUSINESS IS PERSONAL Every startup needs help to lift off and the most accessible help is friends and family
  • 32.
    60 Things EveryStartup Needs To Know – Moses Kemibaro32 BUILD A BRAND THAT HAS APURPOSE A logo is not a brand. Neither is a website or mobile app. A brand is the core of what you are doing. The raison d'etre or ‘the reason for being’. This is what will attract and retain your‘tribe’ of customers
  • 33.
    60 Things EveryStartup Needs To Know – Moses Kemibaro33 MARKETING COLLATERAL SUPPORTS SALES EFFORTS Business cards. Website. Language. Office. Presentations. In person engagement. All these things and more are essential in closing the sale.
  • 34.
    60 Things EveryStartup Needs To Know – Moses Kemibaro34 STRATEGIC PARTNERSHIPS Seek strategic partnerships with people and organizations that can help you grow your business. Look for resellersand commission agents for instance. Lookfor board members who can make introductions to the right places. It can change everything!
  • 35.
    60 Things EveryStartup Needs To Know – Moses Kemibaro35 HAVE A BRAND STORY Human beings have told stories for millenia. Thisis how we communicate most effectively. Therefore, make sure you can create a brand story that compels customers to consider your brand over others. Some of the best brand stories include Apple, KFC & Under Armour.
  • 36.
    60 Things EveryStartup Needs To Know – Moses Kemibaro36 LIVE THE ETHOS OF THE BRAND Part of branding is actually living the thing that you are selling or doing as a business. Nothing creates brand authenticity or credibility like demonstrating that you are one and the same with what you are selling as a business
  • 37.
    60 Things EveryStartup Needs To Know – Moses Kemibaro37 THE 80/20 RULE FOR CUSTOMER DEVELOPMENT In my experience, Pareto’s Principle or the 80/20 rule matters in customer acquisition or retention. This means that NOT all customers are equal as some are more valuable than others. Figure this out early so that you can prioritize resource allocation
  • 38.
    60 Things EveryStartup Needs To Know – Moses Kemibaro38 GREAT CUSTOMER ENGAGEMENT =GREAT WORK Contrary to the popular notion that great work creates a great customer, this works in the opposite. A customer partnershipwhere there is a harmony of goals and efforts leads to great work every time
  • 39.
    60 Things EveryStartup Needs To Know – Moses Kemibaro39 DELIVER THE PROMISE WHATEVER IT TAKES As a brand, your business must do everything possible to deliver on the promise. If this does NOT happen prepare for the possibility of business failure.
  • 40.
    60 Things EveryStartup Needs To Know – Moses Kemibaro40 FORGET THE HYPE FOCUS ON GETTING IT DONE! Hype can be seductive and delusional. Put your head down and get the work done. That’s what counts for your customersand your business.
  • 41.
    60 Things EveryStartup Needs To Know – Moses Kemibaro41 PROCESSES RUN BUSINESS PEOPLE RUNPROCESSES Clearly defined business processes canmake all the difference. You canhave the best talent but a lack of business processes will fail to realize the full potential of your brand
  • 42.
    60 Things EveryStartup Needs To Know – Moses Kemibaro42 A BRAND CANNOT BEEVERYTHING TOEVERYONE It is so important to define what your brand is about and who its targeting. A brand cannot be everything to everyone. Consider how Apple appealsto certain market segments and not others. Find your brand ‘tribe’ and focus on a niche
  • 43.
    60 Things EveryStartup Needs To Know – Moses Kemibaro43 MARKET RESEARCH MEANS HITTING THE GROUND Forget online research only. Going out and meeting people to demonstrate your product or service in person is one of the best ways of better understanding what they think of it and how to iterate to the next version.
  • 44.
    60 Things EveryStartup Needs To Know – Moses Kemibaro44 COLD CALLING STILL WORKS Cold calling, which literally meansknocking on doorsunannounced to get business still works. This works well especially when you have qualified a sales target who can truly benefit from what you have to offer.
  • 45.
    60 Things EveryStartup Needs To Know – Moses Kemibaro45 UNHAPPY CUSTOMERS AREYOUR TRUENORTH When all is said and done, the customers who are the most difficult and have issues with your business can truly help you make your business better with their candid feedback. As Microsoft’s Bill Gates once said, ‘Your most unhappy customers are your greatest source of learning’.
  • 46.
    60 Things EveryStartup Needs To Know – Moses Kemibaro46 PROACTIVELY SOLICIT CUSTOMER REFERRALS Don’t wait for customer referrals to happen serendipitously. Make them them happen on purpose. This means reaching out to existing customers who shouldideally be happy with your services to recommend several names of other people or businesses
  • 47.
    60 Things EveryStartup Needs To Know – Moses Kemibaro47 SOCIAL MEDIA ISOVERRATED Social media is overrated. Everyone is doing social media but forgetting the basics of marketing and customerservice. Go out there, meet people, get business, in person.
  • 48.
    60 Things EveryStartup Needs To Know – Moses Kemibaro48 EMAIL MARKETING OUTPERFORMS SOCIAL MEDIA Its true. Google the research. Email marketing leads to more conversions than social media does. Email marketing done right will sell more. The best part is that its one-on-one and highly measurable
  • 49.
    60 Things EveryStartup Needs To Know – Moses Kemibaro49 THE GOAL OFALL MARKETING ISSALES Yes. Its true. Ultimately, all marketing should lead to sales, in addition to brand awareness and other ‘softer’ objectives. Sales conversions matter. End of story.
  • 50.
    60 Things EveryStartup Needs To Know – Moses Kemibaro50 GREAT PUBLIC RELATIONS WORKS WONDERS In the digital age its still impressive to see how effective public relations still is.This means engaging regularly with media to get your message out there on digital and traditional media with a great story about your brand
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    60 Things EveryStartup Needs To Know – Moses Kemibaro51 MAKE YOUR BRAND OMNIPRESENT Be everywhere all the time. Make your brand visible on all channels always.This takes work but avoids the classic startup problem of obscurity.
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    60 Things EveryStartup Needs To Know – Moses Kemibaro52 COMPANY CULTURE DRIVES EVERYTHING A company with a great culture is able to become a business that exceed all odds.A company culture is everything. Customer service in particularcan be largely seen as a result of a good company culture – how much does your brand care about the customer?
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    60 Things EveryStartup Needs To Know – Moses Kemibaro53 CREATE SERENDIPITY Create moments of serendipity by getting out there to meet people all the time. Serendipity leads to new opportunities.
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    60 Things EveryStartup Needs To Know – Moses Kemibaro54 DON’T GET DISTRACTED BY THECOMPETITION If your business is really solid andyou have something of value for your customers then competition should not be your focus – your customers should be. Clients only leave when they have a better option, not when you are delivering exceptional value for money
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    60 Things EveryStartup Needs To Know – Moses Kemibaro55 SALES ARE EMOTIONALLY DRIVEN Customers buy with their hearts, not their minds.Therefore, a solid brand knows which emotional triggers workfor their offerings. Why do people buy Apple products?
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    60 Things EveryStartup Needs To Know – Moses Kemibaro56 PIVOT YOUR BUSINESS EVERYDAY Nothing stays constant in the world so make sure your ‘pivoting’ your business everyday to keep up with the changes happening around you.
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    60 Things EveryStartup Needs To Know – Moses Kemibaro57 BE OBSESSIVE ABOUT EVERYTHING Everything matters. EVERYTHING. Being obsessive counts as itcan make a good product become great and a lost customer become an enthusiastic brand advocate.
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    60 Things EveryStartup Needs To Know – Moses Kemibaro58 YOUR BRAND IS A MEDIA COMPANY True story. Every brand today is a media company that uses social mediaand digital marketing channels to produce and distribute its brand content. RedBull is the best example out there today.
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    60 Things EveryStartup Needs To Know – Moses Kemibaro59 MARKETING FUNDAMENTALS STILL MATTER Digital marketing is NOT the end game. Digital is ultimately a mix of channels but the marketing strategy ultimately drives the message on the channels. Remember this!
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    60 Things EveryStartup Needs To Know – Moses Kemibaro60 ABOVE ALL ELSE FAMILY FIRST Startups can be all consuming. They can burneverything in your life. This happens. All. The. Time! Just remember when all is said and done, all you have is your family so never lose sight of that. They are what matters the most.
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    60 Things EveryStartup Needs To Know – Moses Kemibaro61 BEND REALITY To your will. Nothing is writ. Nothing is truly lost or won. Just make it happen.
  • 62.
    60 Things EveryStartup Needs To Know – Moses Kemibaro62 THANK YOU! Moses Kemibaro moses@moseskemibaro.com @moseskemibaro moseskemibaro.com