Search Google for âHow to start a new business in 2025â, and you see Google algo omitting SERPs with the same old steps and suggestions.
While those articles do a decent job outlining steps, they often lackâfresh perspectives, hands-on tips, and real-life experience.
So I decided not to repeat what you already know, but add some genuine advice you can apply right away.
Implement these pointers into your business strategy, and youâll have a blast this year.
1. You need to know everything.
You donât know everything when you start, and thatâs fine. When we built Upmetrics, the only thing I initially knew was how to code and build products. I knew nothing about building a team, marketing a SaaS, or writing. But I learned as I went.
You can hire the best people, but as the founder, you know your business more than anyone else. Stay informed about every department so youâre sure things are on track.
âJack of all trades, master of one.â
2. You can do everything, doesnât mean you should.
This might sound like Iâm contradicting the first point, but hereâs what I mean: as a business owner, youâll have more tasks than you can handle.
Your team members will come to you with the weirdest problems, âcoz âboss can do everything.â
There will be times when youâll think, âLet me do it myself, itâll save time and back & forth,â but, you do it once, and the guy will come back next time with the same issue.
Solution: Let your people handle their roles. Youâll step in if something goes wrong.
With time youâll realize:
âIt’s not only about getting results yourself, but getting your team to get those results for the business.â
3. Identify the 20% of inputs that drive 80% of the results.
This is the Pareto principleâ80% of outcomes usually stem from around 20% of your inputs. While not exact all the time, this idea is quite relevant in business. For instance:
- 80% of your returns might come from 20% of your marketing efforts.
- 80% of your revenue might come from 20% of your customers.
- 20% of your workforce might have handled most daily operations.
Iâm not suggesting you ignore the rest, but prioritize where your main results come from.
Our own example:
When we initially started, we tried marketing through different channelsâSEO, paid advertising, social, affiliate, and more. Eventually, we noticed SEO brought the best results, while we kept dumping resources into other channels.
We shifted our focus, invested more in SEO, and never looked back ever since.
4. Invest in business plan & strategy.
When I say âinvest,â I mean time, money, or other resources. You might hire a consultant, buy proper planning software, or even use something free like ChatGPT, but make sure you put in real effort into your plan.
Investing in your plan ensures you care about business, and what you call a âbusiness planâ is actually a well-curated piece, not a rushed afterthought.
- If you have timeâinvest in a decent business planning software. (ChatGPT isnât enough)
- If you have moneyâteam up with expert consultants. While they get the job done, you must stay involved with each step.
âNot investing enough time or money often results in a mediocre planâone that fails to get you funded or guide your operations.â
5. Customer success >>> customer support.
If your business is anything like mine (a SaaS or service-based startup)âthis one is paramount.
I remember defining these two for our team:
- Customer support: Promptly responding to user queries, making sure they get help when needed.
- Customer success: Check on customers before they even ask for help, see if theyâre stuck or need tips, and be there ahead of time.
âSupport helps them get by, but success ensures they have an outstanding experience.â
6. Build a really strong core
A strong core means a core group of people who know everything about your business, who can take care of it even if youâre not there.
This way, youâre free to focus on higher-level growth. If something goes wrong, you know exactly who to talk to.
Once youâve got a strong core, stick with themâyou donât want to reinvent the wheel. This is essential if you want your business to move forward.
7. Short-term gain often results in long-term pain
I know it sounds a bit philosophical, but it’s true. I can give a dozen examples of how some things that look and feel beneficial at given moment, might result badly.
So always have a long-term vision for any business strategy. If you ever find yourself dealing with such an opportunity, stand still, and ask yourself if this would be beneficial in the long-term. Youâll have your answer.
Thatâs it for today. As I conclude my first letter of 2025, I wish you all a very happy new year.
Including some resources to help you uplift from the idea-stage, and start working towards your business.
Wishing luck for your business in 2025 đ
Until next time,
Happy business planning đ
