8 Ways to Start a Technology Start – Up - PowerPoint PPT Presentation

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8 Ways to Start a Technology Start – Up

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Motivation is the first key to establish a good base for the company. Businesspersons now a day often want to dip their toes into the tech world and launch a company solely based around this tech alone. – PowerPoint PPT presentation

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Title: 8 Ways to Start a Technology Start – Up


1
8 Classy ideas to start a technology Start-Up
2
Introduction
  • 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.

5
First 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.

6
As 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.

7
Consider 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.

9
Hiring 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.

10
Start 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.

11
Have 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.

12
Dont 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.

13
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14
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