Title: 8 Ways to Start a Technology Start – Up
18 Classy ideas to start a technology Start-Up
2Introduction
- Motivation is the first and foremost key to
establish a good base for the company of your
dreams. - Establishing this company needs a lot of
milestones, goals and barriers to be broken, and
success stories to be created for the future
generations. - Entrepreneurs in these days often want to dip
their toes into the tech world and establish a
company solely based around this tech alone. - Mobile applications, cloud based centers or even
a social media website are top popular picks when
it comes to tech.
3- This may sound glamorous, because it is
rewarding. - Launching a successful start-up company and
trying to be the next Facebook, or Skype, or
Google can be a very mouth-watering prospect in
itself. - The movies and shows revolving around these can
serve to be a great inspiration as well. - However, these are the reasons why there are more
heartbreaks in the tech world than successes. - However, for those whose hearts are set to make
it in this world of competitors, these movies and
shows can help them to find out what exactly they
did and replicated their footsteps.
4- Often times, they have no idea what tech really
means! - This gives us a rather interesting conundrumhow
to be a part of this tech world, own this tech
globe and make it big, without a shadow of tech
in itself? - Whats more, there is no exception in such a
situation either. - A lot of aspiring entrepreneurs do not have the
complete knowledge of what this is, until they
get into it, and they might often lose focus if
they do not find what they were attracted to
about this world before getting into it
motivation and guidance. - Thats why it is so important to have some
guidelines about starting a technology start up,
and what to do to keep the motivation up.
5First and foremost, you need to build a product
that you think is innovative
- Building something that is appealing to the
masses and somewhat to a degree that is very
different which can set you on a trend list, that
the word so religiously follows. - Product should at least take a third of your
time. - Hiring a good, supporting team that can provide
testers and feedback can help you build the
product faster.
6As a newbie you will be tempted in over-analyzing
all the minute details of the products, which
even your potential customers will not care
about, constantly.
- For example, if you want to indulge in building a
new website, but lack the skills for it, stop
stressing over the minute things about it. - Testers come in handy, acting like a target
audience, who can give you details and criticism
and what they like and what they think is
unnecessary. - To do that, you need to make sure that the entire
process is taking offline, so that nothing
undesirable accidentally leaks out.
7Consider why you want to launch this daunting
task of a start-up carefully.
- You may have the motivation, but is the
motivation actually a reason to invest in
something that may not benefit you before a year
or two has passed? - It needs a lot of developing and money needs to
be invested. - Therefore, carefully consider why exactly you
want to do this.
8 Check and recheck your idea about your start up.
- Is it even worth pursuing?
- Is it going to draw in customers, and does it
have the capability to stand out from the
competitors? - Is it going to provide any help to the modern
society and climate? - These are the important things to consider.
- Yes, the end result can be rewarding financially,
but it is also important to remember that
contributing to the world and servicing, it will
make you feel more accomplished in the future.
9Hiring staff in the areas of sales and engineers
to fine tune everything
- You absolutely need specialists in these fields
as they are the most important features of your
company. - You need to hire such teams for a longer run, and
not for meeting the current needs for your
company alone. - Many start up do not employ such teams at the
beginning and run a wild chase at the end because
of this. - Be good to your teams, and they will come up with
the great idea related to their fields in no time
at all.
10Start outsourcing at the beginning itself instead
of waiting for a later date.
- This is true for all start-ups but it is crucial
for tech start-ups. Why? - Because tech related products have a higher
number of failing products than, lets say a
beauty start up. - Technology is fickle, and sometimes even after
testing things, it can go wrong. - It is better to orchestrate an outsourcing at the
start itself, because doing so in-house might be
costlier for a start-up. - Also, outsourcing can help you reach a wider
customer base and make connections. - However, it is important, not to keep outsourcing
past the initial stages. - Once the success starts rolling in, it is better
to opt for in- house cloud bases services for
better control.
11Have a memorable name and domain-name for your
company.
- Customers tend to remember catchy names and
website quicker. - It should be easy to spell, easy to speak and
should be engaging enough. - Just like we say google it instead of do a
quick search on the internet using google the
company name should be synonymous with the
product it is selling.
12Dont overbuild your company.
- As a start-up, remember that fundings are
limited. - Do not opt for things you do not need at the
moment. - Opt for complimentary build instead of getting
all for one, for example, try to have a good
customer service via email and phone calls
instead of opting for a poor video calling option.
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