“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”
GET IDEA TO START STARTUPS
Motivation and zeal to do is very important. Money should not be the primary concern whereas growth should be the top concern on the mind of almost anyone working in a startup. A startup is a company designed to grow fast. Just by starting a new venture does not really makes a company a startup. Millions of companies are started every year around the world, however only a tiny fraction are startups. To grow rapidly, you need to make something you can sell to a big market. We need to develop ideas and build and understand on that and work efficiently for the growth of the new venture. The only essential thing for any startup companies is their Growth and everything else linked with startups follows from growth.
We would always feel that it is better to start a startup than an ordinary business. Yes it is, but we need to completely aware about the market. We should always open our eyes and look around and see what most important people need is and how it could be reached to those in need. If you're going to start a company, why not start the type with the supreme prospective venture? The eye opener should be that this is a fairly efficient market. Startups are so hard that you can't be pointed off to the side and hope to succeed. You have to know that growth is what you're after and not money. The good news is, if you get growth, everything else be likely to to fall into place. Which means you can use growth like an extent to make almost every decision you face.
For a company to grow categorically enormous, it must
· Develop innovative ideas
· Understand the market
· Startup something where lots of people need, and
· Reach and serve all those people.
The most important thing that the constraints on a normal business protect it from is not competition, however, but the difficulty of coming up with new ideas. A well know entrepreneur said “The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.”
Well said statement and 100% spot-on. Just by dreaming on becoming the top company will not just suffice, working on it hard makes it successful. Space of ideas has been so thoroughly picked over that a startup generally has to work on something everyone else has overlooked. Initial struggle is most likely to happen to any new startup companies. Over coming those make them a winner to the rest of the world. The moment when successful startups get started, much of the innovation is insensible.
The growth of a successful startup usually has three phases: [citation from Forbes]
- There's an initial period of slow or no growth while the startup tries to figure out what it's doing.
- As the startup figures out how to make something lots of people want and how to reach those people, there's a period of rapid growth.
- Eventually a successful startup will grow into a big company. Growth will slow, partly due to internal limits and partly because the company is starting to bump up against the limits of the markets it serves.
Most businesses are closely controlled, and the unique feature of successful startups is that they're not judgemental.Judging yourself by weekly growth doesn't mean you can look no more than a week ahead. Formerly when you know the pain of missing your target one week, you will become more interested in anything that could spare your pain in the future.
Get Innovative IDEAS and be a winner!!!