✅ The Startup Ecosystem of London is ranked at number 3 globally, an ideal place to locate for startups!
❗️Here are some key lessons I’ve learned from my work experience in this dynamic city:
Be Selective with Networking Events: Don’t attend networking events just for the sake of networking. Be strategic about the gatherings you choose, as they can take valuable time away from what’s truly important.
Follow Your Idea to the End: Take the urge for new ideas seriously and stay committed. Most UK startups I’ve encountered didn’t have more resources than Albanian ones, but they excelled in consistency and a strong will to succeed.
Hire the Right Talent: Attracting and hiring the right talent is crucial. They help build a bridge to your future customers.
Focus on Investor Pitch Decks: Don’t waste too much time on business plans. Instead, prepare a compelling Investor Pitch Deck to present to investors.
Balance Product Development with Market Evaluation: Avoid spending excessive time on product development. It’s essential to balance this with evaluating market demand and engaging in customer development.
✅ Additionally, the expected costs of doing business for new companies in the UK are lower than in many other European countries, making it a favorable environment for startups.
