Startups been the most hot topic of recent times, has an interesting story behind it
beginning of 21st century(around it) marks the beginning of some most famous startups
there was a chain of startups : Paypal,Linkedin,Facebook and many more.
"Beginning is always a hard nut"
startups were not that better options as one doesn't knows what the next step will lead to.
for example during its struggling period Paypal was unable to reach its critical mass(1 million registrations), so it offered $10 for each new registration ,infact business idea of Paypal won the award for worst business idea :/ and today we all know its dominance in online transactions .
Similar story was with linkedin too.
they were also struggling to get attention.
what's common to all startups?
If you can figure out, one thing is common to all the startups i.e They had a unique idea of their own
for example:
Well I don't know the answer ( if i knew then what am i doing on blogger ;) )
Ideas are everywhere (i read it somewhere ) you need to extract them.
OYO Rooms is a good example , a very recent start-up.
In words of Peter Thiel "A Bad idea is better than no idea and you must ensure that it don't face competition and is sustainable for a long time"
Whole thing can be concluded in just few lines
"Startups are game of shadows , be you Sherlock "
;)
beginning of 21st century(around it) marks the beginning of some most famous startups
there was a chain of startups : Paypal,Linkedin,Facebook and many more.
"Beginning is always a hard nut"
startups were not that better options as one doesn't knows what the next step will lead to.
for example during its struggling period Paypal was unable to reach its critical mass(1 million registrations), so it offered $10 for each new registration ,infact business idea of Paypal won the award for worst business idea :/ and today we all know its dominance in online transactions .
Similar story was with linkedin too.
they were also struggling to get attention.
what's common to all startups?
If you can figure out, one thing is common to all the startups i.e They had a unique idea of their own
for example:
- you won't go for making new OS after Bill Gates made Windows
- You won't startup a new social network after Mark's Facebook .
- In short you can't enter to compete with already established ideas unless its unique enough to beat them.
- And I'm sure you won't go for e-commerce like amazon ,flipkart or snapdeal.
Well I don't know the answer ( if i knew then what am i doing on blogger ;) )
Ideas are everywhere (i read it somewhere ) you need to extract them.
OYO Rooms is a good example , a very recent start-up.
In words of Peter Thiel "A Bad idea is better than no idea and you must ensure that it don't face competition and is sustainable for a long time"
Whole thing can be concluded in just few lines
"Startups are game of shadows , be you Sherlock "
;)
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