Learn the secrets to startup success 

Setting up a business startup is not a difficult task these days. It doesn’t require a big working space, all you need is a dedicated team of members that can meet or discuss its strategies and plan in a café or at home or in a small room or anywhere it wants.  

It’s correct to say that, the next Bill Gates will not build an operating system and the next Mark Zuckerberg will not create a new social network. So this gives us a message that copying is not a shortcut to success, it will not help you to achieve your dreams. You need to think innovative, something different and out of the box. 

Always Remember: 

• The biggest leaps in progress are vertical, not horizontal. 

• Monopolies are good for both business and society. 

• Founders need a vision to take their business to a next platform. 

“Brilliant thinking is rare, but courage is in even shorter supply than genius.” 

What’s important in a startup is to start small and expand slowly in a focused effort. Just like in any career or study, it is not necessary to have a diverse curriculum but to be superior in a limited set of things. Every company needs to lay a solid foundation to survive in the long run. So when you start out on the long road of building up a business, the first days are absolutely crucial. 

The key message: A startup can survive by making incremental improvements to existing products and services, but it will only really become a giant if it can get high-profit margins. It is hard to say what the future will look like when even the most farsighted founders can’t look more than 20-30 years ahead. We can’t take for granted that the future will be better, and it means that we need to start changing the today. We need to go from zero to one to infinity.

AUTHOR'S PROFILE- 

WRITTEN BY - JASKIRAT SINGH SAHNI

CURATED BY- POOJAN SEHGAL