How Strangers Can Become the Pillars of Your Startup’s Success

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It’s common for founders to envision their immediate social circles as their initial customer base.

The logic is simple: friends and family, familiar with your passion and trustworthiness, are expected to be the first to support your venture.

However, our startup’s experience defied this assumption.

Surprisingly, it was strangers, not acquaintances, who laid the foundation of our early customer base and proved to be our most loyal supporters.

From the Unknown to the Unforgettable

When we launched our innovative Internet of Things (IoT) products, we anticipated a warm reception from our personal networks.

Yet, reality painted a different picture.

Our earliest and most enthusiastic customers were individuals we had never met before.

They discovered us through third-party references or social media encounters. Intriguingly, they invested in our products without the usual preliminaries like product demos or detailed inquiries.

Their readiness to believe in and pay for our solutions, without any prior connection, was both humbling and astonishing.

The Unseen Value of Anonymous Customers

This trend of strangers turning into early adopters is not only surprising but also enlightening.

These customers, free from any preconceived notions about our team or capabilities, chose to trust in our solutions. Their investment served as a real-world validation of our product’s market appeal, providing tangible evidence that what we offered had genuine value.

The Double-Edged Sword of Trust

While we were grateful for this unsolicited trust, it also posed a unique challenge.

The lack of initial feedback from these customers meant we had to be extra vigilant, continually iterating and improving our offerings to meet the expectations they had implicitly set.

The Power of Impartial Advocates

The real strength of these anonymous early adopters lies in their organic discovery and evaluation of our product.

Their interactions were unbiased, based purely on the perceived value of our solution. If a product appeals to an impartial stranger, it is likely to resonate with a broader audience.

Conclusion: Valuing the Unseen Potential

While it’s natural to lean towards familiar faces for initial support, our experience underlines the importance of not overlooking the potential in strangers.

They offer an unbiased assessment of your product’s market value and can become enthusiastic advocates for your brand.

Their support adds credibility when pitching to future prospects. In our journey, these strangers not only provided validation but also vital momentum for our growth.

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Tips to Embrace the Potential in Strangers:

  1. Expand Your Outreach: Actively market beyond your personal network to reach potential customers you don’t know.
  2. Value Every Interaction: Treat every query or interest, especially from strangers, as a potential lead.
  3. Leverage Social Media: Utilise social media platforms to increase your visibility among people outside your immediate circle.
  4. Encourage Referrals: Motivate your existing customers, even if they are friends or family, to refer your product to others.
  5. Collect Feedback Rigorously: Since strangers may not provide immediate feedback, seek it proactively to understand their perspective.
  6. Iterate Based on Market Response: Use the market response, especially from strangers, to refine and improve your offerings.
  7. Build Trust through Transparency: Be transparent about your product and business practices to build trust with new customers.
  8. Recognize the Value of Diversity: Understand that a diverse customer base, including strangers, can offer varied and valuable insights.

By embracing the unfamiliar and valuing the contributions of strangers, startups can uncover unexpected avenues of growth and validation.

Remember, today’s stranger could be tomorrow’s most ardent supporter and advocate.

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How a Personal Brand Can Intertwine with Company’s Brand – Lessons Learned

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This presents an inspiring tale of how a personal brand can significantly influence the success of a business venture.

This journey is not just about building a company but also about the growth and impact of a personal brand.

Early Days: The IoT Enthusiast

The story begins in 2014 when the term “Internet of Things” was still emerging.

With a deep fascination for technology’s transformative power, especially in shaping smart cities, I embarked on a mission to share my insights on social media platforms like Twitter and LinkedIn.

This wasn’t about selling a product but about sharing a vision, educating, and engaging with a community of tech enthusiasts.

Recognized as a Thought Leader

My commitment to sharing knowledge in the IoT space didn’t go unnoticed.

Invitations to participate in seminars, workshops, and discussions about IoT and smart cities began to arrive.

I was becoming a respected voice in the IoT community, laying a crucial foundation for the future.

This year alone, I was invited to more than 20 invited talks and also as a panelist or moderator.

The topics have covered IoT, Smart Cities, ESG, IR 4.0, and entrepreneurship.

The Birth of Favoriot

Then, Favoriot was born – a startup that embodied our ideas in IoT.

Initially, while my brand was strong, Favoriot was still finding its place in the market.

However, I had an invaluable asset – the trust and recognition I had earned over the years.

I started subtly incorporating Favoriot’s vision and offerings in my interactions, using my brand as a springboard for the company.

From Personal Brand to Business Success

What followed was a testament to the power of personal branding.

The respect and trust I had garnered began to reflect on Favoriot.

Gradually, Favoriot transformed from an unknown startup to a recognized name in Malaysia’s IoT scene.

My personal brand had created a bridge that introduced and endorsed Favoriot to a broader audience.

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Reflecting on the Journey

Looking back, I realize that building a personal or business brand is a long-term commitment.

It’s about being persistent, adaptable, and, above all, passionate.

My dedication to building my brand laid a solid foundation for Favoriot’s success.


Key Lessons Learned:

  1. Persistence Pays Off: Building a brand is a marathon, not a sprint. It requires continuous effort and commitment.
  2. Leverage Your Brand: A strong personal brand can significantly boost your business venture.
  3. Share Your Knowledge: Sharing insights and knowledge can establish you as a thought leader in your industry.
  4. Trust is Key: The trust and respect you earn personally can transfer to your business.
  5. Be Adaptable: The journey will have many turns. Adaptability is crucial for both personal and business growth.

In conclusion, this story is not just about the rise of a company; it’s about how a personal brand, nurtured with passion and dedication, can become a catalyst for business success.

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Lessons Learned: When Building IoT Product Amidst a Global Pandemic Crisis

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Our Startup almost closed down during the COVID-19 global crisis.

We have seen many others crumble.

It’s not easy.

There was a lot of sacrifice by all of the team members.

That’s the reality of a startup founder.

The road of startup life is often filled with unexpected twists and turns.

It’s a rollercoaster ride of thrilling peaks and disheartening troughs where success and failure intermingle.

Promising Product But Wrong Timing

Our tale unfolds with a promising product whose journey was marked by unfortunate timing and intertwined with the unforeseen global pandemic.

Our story began with a spark of innovation aimed at crafting an IoT solution for the safety and well-being of seniors called Raqib.

We saw a vast market awaiting as societies globally were aging.

Yet, the market response was slow, which left us disheartened and pushed us to rethink our target audience.

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Pivoting Market Segment – Wrong Timing Again!

With hope in our hearts, we shifted our focus towards ensuring the safety and health of Umrah and Hajj pilgrims.

The essence of our product stayed the same, yet now, it offered solace to pilgrims during their sacred journeys.

The initial reactions during the trials in 2018 and 2019 were hopeful.

We even added a roaming SIM card feature, making the transition from home countries to Mecca smoother for the users.

Our hearts soared as all indicators hinted at a bright future awaiting our product.

Photo by Fusion Medical Animation on Unsplash

However, the winds changed in 2020 when the COVID-19 pandemic swept the globe, halting international travel.

Limited Mobility Killed Our Product!

Our product, heavily reliant on pilgrim mobility, faced an unforeseen challenge. As travel bans extended into 2021, our product lingered uncertainly, and our spirits sank.

When the world started moving again in 2022, reality hit us hard: our product needed more than we could provide to remain viable.

The financial burden of necessary hardware upgrades and additional research was too heavy.

The cruel timing forced us to decide to discontinue our cherished project.

This period, albeit painful, served as a turning point.

Through the storm, we tirelessly worked on diversifying our projects, crafting new paths to revenue.

Looking back, the adversity fueled our growth, pushing our startup to evolve.

Our expedition with this IoT solution is a vivid testimony to the uncertainties surrounding startup endeavors.

Adapt to Survive

Numerous external factors beyond our control play significant roles, with timing being a crucial player.

However, as startup founders, our journey also showcased our adaptability and resilience.

Our obstacles morphed into stepping stones, propelling us to learn, grow, and shift our sails toward success.


As we march ahead, we cradle the invaluable lessons from this expedition close to our hearts.

We’ve learned that:

  1. In the startup realm, timing is a significant factor, yet resilience is the cornerstone of navigating challenges.
  2. Adaptability is crucial when external circumstances shift dramatically.
  3. Diversifying projects can be a buoy in turbulent waters, keeping the startup afloat.
  4. Every hurdle carries a lesson, and each setback paves the path for growth and new opportunities.

Maybe you can also leave comments and share your story during the global pandemic. Thanks!


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Startup Synergy: The Alchemy of Building a Dream Team

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When I embarked on my entrepreneurial adventure in 2017, I hardly anticipated the profound impact team building would have on my startup’s journey.

The saying goes, “A team is the bedrock of any venture.” If it’s shaky, everything built upon it is at risk.

My expedition of molding, nurturing, and managing a team through the startup world’s thick and thin has been enlightening.

A Rocky Start: The Trial and Error Phase

Our initial roster boasted professionals with hefty corporate legacies.

Their transition was intriguing; while some seamlessly dovetailed into the unpredictable startup terrain, others found themselves at odds with the ever-evolving dynamics of our operations.

The eventual parting of ways with some of these members was a testament to the importance of aligning individual temperament with the startup ethos.

Staying Nimble: Agility Over Process

Our twists and turns revealed an undeniable truth: startups thrive on agility.

Some of our members, accustomed to a stringent process-driven environment, found it arduous to navigate abrupt shifts.

This emphasized the criticality of instilling agility in our team culture and refining our recruitment approach.

Passion and Proficiency: The Dual Key to Product Development

Crafting a successful product is as much about heart as skill.

We quickly discerned that even the most technically adept members faltered if they needed the zest and zeal to innovate.

A compelling product demands technical prowess and an insatiable hunger to push boundaries.

Speaking the Same Language: The Role of Clear Communication

Transparent communication emerged as our team’s lifeblood.

From routine catch-ups to fostering open-ended feedback channels, cultivating a communicative environment enhanced cohesion.

Recognizing the forte of each member and sculpting roles around these strengths propelled our productivity to new heights.

Acknowledgment as Fuel: Keeping the Momentum Alive

Navigating the startup world’s relentless tides demands unwavering motivation.

Regularly spotlighting our team’s accomplishments, coupled with constructive criticism, became our formula to ensure sustained enthusiasm toward our collective vision.

Mastering Team Dynamics: A Symphony of Individual Brilliance

Building a formidable team transcends mere hiring.

It’s akin to orchestrating a symphony where every instrument, while unique, contributes to a harmonious melody.

The pillars of a startup’s success rest on this very harmony.

A Chapter Yet Unfinished: Stepping into Tomorrow

Our narrative of steering a team in the volatile startup domain remains ongoing.

Through falls and rises, we’ve cultivated resilience, learned to adapt, and recognized the unparalleled power of a harmonized team.

Each stride forward is a stride toward turning our aspirations into reality.


View at Medium.com


Sailing Through Uncertainty: What I Learned Growing a Bootstrapped Startup

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Oh! The continuous pain of bootstrapping!

I am sure as a Founder of a Startup; you will start with bootstrapping unless you have a wealthy family or angel investor backing you up at the very early stage.

Diving into the bustling arena of startups with a bootstrapped approach is like performing a continuous dance.

Picture driving a car, with its fuel gauge perpetually hovering just above empty, or a bank account that’s insatiable, regardless of the funds pouring in.

A Curveball-Named Pandemic

Our entrepreneurial adventure took a detour nobody could’ve predicted: the Covid-19 lockdown.

Business plummeted, and we scrutinized every penny, evaluating how long we could maintain our operations.

When Decisions Weigh Heavy: The Reality of Salary Cuts

Unstable times usher in challenging decisions. The hardest one for me was endorsing salary reductions.

As a founder, the mere thought of trimming the earnings of my dedicated team was a heart-wrenching ordeal, fraught with emotional conflict.

The Unsung Burdens of Leadership

It’s easy for others to overlook the immense responsibility shouldered by a startup founder.

Beyond being just a figurehead, a founder is akin to a ship’s captain, steering a vessel through raging seas, battling every wave to prevent it from capsizing.

It’s Not Just About Money, It’s About When

A pivotal aspect of our strategy to weather the storm revolved around overhauling our payment terms and accelerating collections.

We quickly realized that ensuring timely cash inflows wasn’t merely a nice-to-have but as vital as clinching sales.

Cash flow, we learned, is a game of timing as much as it’s one of magnitude.

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Harvesting Wisdom from Financial Hardships

The tumultuous path we walked was a veritable treasure trove of lessons.

It enlightened me on the essence of meticulous financial planning and the mettle required to traverse adversities.

Embarking on the journey of a bootstrapped startup might be arduous, but it molds one into a resilient and nimble entity.

Challenges: The Hidden Catalysts

In hindsight, the financial squeeze, daunting as it seemed, was a blessing in disguise.

It nudged us towards streamlined operations, made us think outside the box, and honed our agility.

View at Medium.com

Emerging Unyielding from Adversity

Each hurdle we surmounted added a layer of strength to our foundation.

This voyage solidified my belief in our mission and deepened my gratitude for my team’s unwavering commitment.

Every storm we weathered carved us into a more robust, valiant, and well-equipped entity.

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More than Merely Staying Afloat

Our narrative isn’t confined to merely treading water.

It’s a testament to growth, resilience, and transformation.

By mastering the art of cash flow management, we didn’t just learn to keep our heads above water.

We acquired the prowess to navigate, with confidence, the fiercest of tempests.


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View at Medium.com

How To Boost Your Paid User Base from Freemium Models: A Deep Dive into 12 Effective Strategies

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In today’s digital marketplace, countless businesses adopt the freemium model – offering basic services for free while reserving more robust features for paid subscribers.

Yet, the journey from freemium to premium is not always smooth.

Business owners constantly face the conundrum of enticing free users to take that leap of faith and invest in their premium offerings.

Through comprehensive research, here’s an expanded guide on 12 actionable tips to optimize this conversion process.

1. Deep Dive into Customer Understanding:

At the core of every successful strategy is a profound understanding of your customer.

Delve into your customer’s psyche by crafting detailed personas, initiating surveys, and fostering direct communication.

By mapping your customer’s journey, you can pinpoint moments they’re more inclined to consider premium upgrades.

2. Elevate Product Value Perception:

Your premium service isn’t just a pricier option; it’s a value-added solution.

Accentuate the exclusive benefits, focusing on how these features alleviate user pain points.

A clear distinction between free and paid services can significantly influence a user’s buying decision.

3. The Magic of Free Trials:

Let users taste the premium experience through free trials.

This hands-on interaction can make a world of difference.

However, ensure you limit this period to instill a sense of urgency, nudging them towards a purchase.


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4. The Lure of Tiered Pricing:

By introducing multiple pricing tiers, you cater to a broader audience with varying budgets and needs.

This diversification can significantly enhance your conversion rates, giving users the flexibility to choose a plan that suits them best.

5. Master the Art of Upselling and Cross-selling:

Gently nudge your existing users towards premium offerings by showcasing how they seamlessly amplify the free services.

A well-timed suggestion can result in a spontaneous purchase.

6. Cultivating Loyalty through Retention Programs:

Make your free users feel like VIPs.

Introduce loyalty schemes that offer exclusive benefits like early access to features or discounts.

This fosters a sense of belonging and can be the gentle push they need to upgrade.

7. Email Marketing: Not Just Spam:

Start building an email list from the start.

Crafting segmented, personalized email campaigns can be your ticket to higher conversion rates.

Use this medium to nurture potential leads and guide them down the conversion funnel.

8. The Power of Timely Notifications:

Periodic reminders about premium benefits through in-app messages or push notifications can be influential.

However, it’s paramount to ensure these are well-timed and relevant to prevent them from being perceived as pesky disturbances.

9. Referrals: Let Your Users Do the Talking:

Reward referrals.

By rewarding existing paid users for bringing in new premium subscribers, you not only grow your user base but also strengthen your relationship with current subscribers.

10. The Feedback Goldmine:

Consistent feedback collection can offer a treasure trove of insights.

By addressing user grievances and requirements, you not only refine your offerings but also cultivate a community of valued and heard users.

11. Harness Analytics for Continuous Improvement:

Deploying analytics tools can provide granular insights into user behavior.

Understand the triggers leading to premium subscriptions and continuously refine your strategies for better results.

12. Content Marketing and SEO: Your Silent Salespeople:

Quality content can act as a magnet, drawing potential users towards your services.

By intertwining your content with SEO, you boost your visibility, reaching out to users actively seeking premium solutions.


In conclusion, the journey from freemium to premium demands a blend of data-driven strategies, constant iteration, and a deep understanding of your audience.

Embrace A/B testing to zero in on what truly resonates.

Remember, it’s not just about acquiring more paid users; it’s about nurturing and retaining them for sustained business growth.

Embarking on Your Entrepreneurial Adventure with Thin Wallets: A Compassionate Guide

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Life as an aspiring entrepreneur, with dreams larger than your budget, can be daunting.

I feel your pain, for your story mirrors mine, not so long ago.

You stand at the crossroads, armed with skills, vision, and a fire in your belly, but with pockets that jingle with limited coins.

Fear not, for the road ahead, while tricky, is navigable, with perseverance and a generous dose of self-belief acting as your trusted companions.

Find a Home in a Startup

When cash was scarce, and the entrepreneurial spirit within me was impatient, I sought refuge in a startup, and perhaps you might consider doing the same.

Whether you step in as a co-founder or slide into the role of an employee, the startup ecosystem is fertile ground for your entrepreneurial skills to take root and flourish.

In this dynamic space, you’re not just an employee but a visionary and asset.

Wear your confidence like a second skin, as you negotiate a compensation package that mirrors your worth.

And if the stars align, may this startup be in the industry that sets your heart racing, the domain where you wish to unfurl your entrepreneurial wings in days to come.

Why?

Every day spent here is a treasure trove of learning, exposure, and invaluable experience, all of which will stand you in good stead when you set sail on your independent venture.

Along this journey, you’ll earn and learn, meet potential investors, and weave a network that will be your safety net when you leap into the entrepreneurial abyss.

Exploring the Funding Landscape

If the call of entrepreneurship is too potent to resist, and you wish to plunge right in, then let’s talk money. Traditional funding routes might be out of reach, but the funding landscape is varied and vast.

The money could come from those who know you best, your friends and family, trickling in as loans or investments.

Or you could cross paths with a like-minded co-founder whose belief in your vision is matched by their willingness to invest in it (be prepared, for they might ask for a sizable piece of the equity pie).

And if you tread carefully, with a solid plan in hand, venture capitalists might be willing to bet on your dream.

In Closing: You’ve Got This!

Embarking on an entrepreneurial journey with limited funds is undeniably challenging, but remember, the greatest adventures are born out of adversity.

Each step, though uncertain, is a dance between risk and reward. With tenacity, faith in your abilities, and an unyielding determination, you’ll not only navigate through the financial mists but also bring your vision to life in vivid, triumphant colors. So, chin up, eyes forward.

Your entrepreneurial story is waiting to be written, and it promises to be an inspiring read.

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