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Startups can feel lonely most times. When you start something new, the idea takes time to formulate. Unfortunately it is a lonely journey until you achieve some success. However, it can be fun bringing shape to this idea. One of the most powerful supporters for this journey is the startup accelerators.
You cannot get into business for the fashion of it: What is the purpose of business? I think this is one of the most important questions that any young entrepreneur needs to ask themselves. A startup is a complicated affair. Compared to that, product development is fun because aligns with the vision of innovation and creation. However a startup takes more complicated elements such as building teams, managing funding, scalability etc.
Author: Rifat Starting a business is challenging at the very least; it entails making critical financial decisions, planning, and doing a series of legal activities. It requires step by step guidelines…
Crisis in a startup: Crisis and startup - they both sound like synonyms. With such spectacular uncertainty on a daily basis, startups can easily be a source of pressure and…
It all starts with the right team. If you've led a team before, you already know that managing and leading a team is hard work. It is difficult even in a company where HR policies are established and good reward structures are in place. However, as a startup, you possess something magical that these companies and teams don't.
This article is about disputing, debating this thought and challenging ourselves to get away from the romanticism of the idea to focus on results and deciding whether something is worth pursuing.
I often find the roles of customer service management quite stressful and have a lot of respect for the people on the front lines. It is never easy dealing with an unhappy customer. At the same time, business longevity and strategy point us to working towards an inflated sense of customer delight.
Although the thought of money is exciting, I believe a startup is probably the least lucrative way of achieving this goal. There ought to be lots of better avenues to make money such as a job, freelancing, side hustle and even investments. These still give you better chance at making money than a startup where the risk of failure is immense.
One of the most popular approaches is - Fail fast, fail cheap! In other words, focus on minimal waste approaches to try and deliver the best outcome for you
The entrepreneurial world can get slightly cruel at times. I can recall a fair few situations where things have seemed bleak and success has been hard to come by. Even in cases where I thought that the chances of failure are less, I have been proved wrong. I guess such is life – we only have outcomes, our efforts and in hindsight a story of why things did not work the way we wanted. If we are looking at a life with zero chance of failure, the utopia is probably much further from the truth than we are prepared to accept. And nothing ever comes from denial! – We can deny all we want, for all our life, but the results are the results – nothing beats the truth!