Last week we ran a contest on Twitter for our Grasshopper Group followers. The rules were simple, follow us on Twitter at @GHGroup, tweet the best startup advice you’ve received, and include the hashtag #GHGroup. We selected a winner each day to win a $50 Amazon gift card. The whole point of this contest was to get our entrepreneurial followers to share their best piece of advice with other entrepreneurs who may need it. We have compiled all of the entries here so that those who are not on Twitter or those who didn’t follow the contest, can benefit from the advice that others shared with us.
Here is the advice we received:
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“Never underestimate the power of a Thank You note.” - @Charmaine_A
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'Think smarter (API’s) not harder.” - @PhilipWyers
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“Passion for your product/service will help you get through the tough times.” - @MaximSpiegel
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'If there’s no other players in a market, be wary. Embrace competition and learn from them to enhance your own products.” - @UpwardMobility
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'THINK BIG', scalability and long term plan!” - @Sullyvanskikins
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“Always charge your clients from Day 1.” - @DMC_21
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“Haters are going to hate but winners always win.” - @Sliggity
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“Fail fast.” - @SeanCollins11
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“Idea, team and bootstrapping - all you need for a good #startup.” - @SvitlaSystemsIn
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'Profit in the least time with the least effort. Not more revenue, not more offices or more employees: more profit.” - @SkylarTop
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“Hire person based on attitude. Everything else can be taught.” - @BmoreBizKid
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“Keep it simple - get the product out there to test functionality, only then make add-ons.” - @MaximSpiegel
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“You don’t need a great idea. Only an idea that makes sense and that you can implement. Add hard work, agility and passion.” - @TheHousingHawk
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“Don’t be afraid to test-fail-learn and continuing to grow with your mistakes.” - @JeffGabel
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“The greatest strength an #entrepreneur can have is to consistently re-evaluate their ever-changing market and willingly adapt.” - @Washing_Dishes
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“Just get out there and do it.” - @ChrisBuchino
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“Always innovate, because when you don’t – you’re stagnant. When you’re are stagnant, you die.” - @RSpilly
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'One can steal ideas, but no one can steal execution or passion.' - @13rules
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“It gets real fast when you quit your job & put a sign up on the door, 'open for business.' - @JumpShotAvenger
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“Recognize 1st that you don’t know what you don’t know. This helps you focus on asking the right questions-then you can find the answers.” - @LynGraft
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“Don’t give up” - @Sullyvanskikins
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“Hire slow. Fire fast.” - @BSharwood
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“A no-frills 1-2 minute video on the homepage that clearly explains what my company does.” - @JedBickford
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“Get an email signup form online and start your marketing campaign before writing code!” - @Arowanna
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“You can’t spend potential.” - @HustleTips
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“You can always fail, but never give up!” - @RoundHouseHelp
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“Don’t be afraid to do something unique!” - @_KimRandall
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“Move forward with confidence, but never grow too attached to your concept. Agility is an entrepreneur’s greatest weapon.” - @NickPlaneta
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“Know your prospects and FOCUS, FOCUS, FOCUS.” - @QuiVivity
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“The high points are higher than anything you have experienced; celebrate them because the lows are lower than anything you have experienced.” - @JKeera
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“Hire a practical Accountant from the beginning. Talk budgets and entity selection! Don’t be penny wise and pound foolish!” - @JodyPadarCPA
Lastly, the most creative tweet of all came from @MaximSpiegel. His advice comes from Michael Scott…
To see all of the winning entries, check out our contest blog post here.
What’s the best startup advice you have received? Add to the list or tell us your favorite piece of advice from the entries above, in the comments section below!