The First 100 Days: What Every Founder Needs to Know When Launching a Startup

Written by Team Chasm

Featured article: The First 100 Days: What Every Founder Needs to Know When Launching a Startup
Published
Category
Startup School

There’s something electric about starting. The domain is secured. The idea is clear. The ambition is high. But in the first 100 days of a startup’s life, what you do—and what you choose not to do—can define your trajectory.

This early phase can determine your venture’s long-term viability—or its early demise. It’s a time of relentless decision-making, constant adaptation, and foundational growth. Whether you're a first-time founder or a seasoned entrepreneur, here’s what you need to know to navigate this critical window with focus, clarity, and just enough chaos to build something real.

1. Start with ruthless clarity of purpose

In the chaos of early startup life, clarity becomes your compass. You need to define:

  • The problem you’re solving

  • Who you’re solving it for

  • Why your solution is better or different

This may seem obvious, but many startups fail because their founders can’t articulate this clearly. Avoid jargon. If you can't explain your idea to a 10-year-old or a stranger in an elevator, it's time to go back to the drawing board.

2. Validate before you build

Don’t write a single line of code or design a fancy pitch deck before you validate the core assumptions behind your business. The first 100 days are about learning, not scaling. Focus on:

  • Customer interviews (talk to at least 50 potential users)

  • Problem validation (is this a real, painful issue?)

  • Customer willingness to pay (ask the hard questions early)

Build a scrappy minimum viable product (MVP) or even a landing page test before you invest months into development.

3. Assemble the right team—slowly but smartly

You don’t need a full company in your first 100 days. But you do need the right co-founder(s) or early collaborators. Choose wisely based on:

  • Complementary skills

  • Shared values and vision

  • High trust and communication

A bad early hire will slow you down. A strong one could be your startup’s co-pilot through turbulent skies.

4. Set up systems—but keep them lightweight

You don’t need enterprise-grade tools but you do need a way to:

  • Track tasks (Trello, Notion, Asana)

  • Communicate efficiently (Slack, WhatsApp)

  • Keep tabs on customer conversations (CRM or a basic spreadsheet)

Build the habit of documenting decisions, tracking learnings, and staying on top of your team’s progress.

5. Prioritize ruthlessly

Time is your most precious resource. In the first 100 days, everything feels urgent. But not everything is important. Adopt a framework like:

Force yourself to focus on what truly moves the needle—traction, learning, and solving customer pain.

6. Understand your financial runway

Money buys you time—and time buys you learning. Know:

  • Your monthly burn rate

  • Your runway (months until you’re out of cash)

  • Your backup plans if revenue or funding doesn’t materialize

Be brutally honest. Many startups run out of money not because they weren’t “good,” but because they assumed they’d have more time than they did.

7. Start building your brand early

Your brand is more than a logo. It’s how people perceive you. From day one, be intentional about:

  • Your tone and voice

  • How you engage with early users

  • What you share publicly (on social, blogs, podcasts)

People are buying your story as much as your product—especially early investors and customers.

8. Prepare for emotional whiplash

In 100 days, you’ll probably feel:

  • Like a genius on Monday

  • Like a fraud by Wednesday

  • And like both by Friday

This is normal. Find a support network—other founders, mentors, or advisors. The psychological toll of building a startup is real, and resilience is a muscle you’ll learn to strengthen fast.

9. Talk to customers—every. single. day.

There is no substitute for direct contact with your users. Make it a rule: No day without a customer conversation.

You’ll learn:

  • What actually matters to them

  • What features confuse or excite them

  • What they’d pay for (or not)

This feedback loop is your lifeblood in the early days. It’s also how you build a product that solves a real problem.

10. Don’t wait to launch

Perfection is the enemy of momentum. Launch something small. Collect feedback. Iterate. Repeat.

Stay in the loop

Drop in your email to receive our weekly newsletter and keep up with Chasm.

You've been subscribed!

Oops, we had an unknown issue.

letters