2021-09-25 16:08:25
#StartUp
5 facts about startups no one talks about 1. Most of the startups collapse as soon as they are started. Startups have a tendency to fail more than surviving if not given proper attention, implementation, and aren’t well-researched.
The failure rate of startups currently > Surviving and succeeding in it.
2. The hardcore needs of a startup are people who are risk-takers and niche-finders. Throwing a dart without an is a big no! You need to analyze your passion, interest because without finding your niche and taking risks, you would be burned out and still won’t move a bit ahead.
3. Startups aren't about tech, but you have to understand tech to take it forward! Your startup can be so simple to even work from a rural village in India, but when it comes to growth, expansion, or even managing it on a micro-level, nothing would work like tech!
4. Chasing fundings is a tiring job. So, start small with whatever you have. If you think fundings decide when to start, then you might just never start. Fundings aren’t easy, simple, and everyone’s cup of tea.
So, start small, start today, and just make it big!
5. Startup teams must have every guy in the team at some point. We all think we can do it all! We want to be everything our startup needs and that’s good initially but with expansion, clear up the extra load, else you would end up compromising a lot on your quality.
Via- MBAChaiwala
3.0K views13:08