> ## Content Index
> Fetch the complete content index at: https://www.founderbounty.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# How to start a company or business in a recession and get coaching and mentoring by a Techstars COO
- URL: https://www.founderbounty.com/how-to-start-a-company-or-business-and-get-coaching-and-mentoring-by-a-techstars-coo/
- Published: 2022-06-09T20:37:23.000Z
- Updated: 2022-06-10T12:52:16.000Z
- Author: Vlad Kozul
- Tags: Start building your business

Creating a business without the need for an accelerator and want to try it all yourself with ideas? Starting a company is no easy task, but I have tried to put together a few essentials for anyone to get started. 

## 1\. Use the right tools

Domain - [Goodaddy](https://godaddy.com/?ref=founderbounty.com)

Website - [Webflow](https://webflow.com/?ref=founderbounty.com)

Email Marketing - [postr](https://www.gopostr.com/?ref=founderbounty.com) 

Communication - [Slack](https://slack.com/?ref=founderbounty.com)

Tasks - [Asana](https://asana.com/?ref=founderbounty.com)

Logo creation - [Fiverr](https://www.fiverr.com/?ref=founderbounty.com) (5USD)

## 2\. Don't make these mistakes

Selling products for problems they haven't validated. 

No real problem - 

No real urgency - 

No real pain Remember that pain is an indicator of purchase. 

## 3\. A few ideas:

1\. Service-based business 

2\. Self-paced digital course 

3\. A paid, private community 

4\. A subscription email or newsletter

## 4\. Mentoring and coaching

Sites like [Founderbounty](https://www.founderbounty.com/), [Foundr](https://foundr.com/?ref=founderbounty.com) and [entrepreneur](https://www.entrepreneur.com/?ref=founderbounty.com) all help with that if you looking for some.