Startup Tips Archive

How to Prevent Startup from Collapsing 

Startup is a unique business because not many people can build a successful business from scratch. It is also unique because it has two main characteristics – growth and innovation. Growth because a startup has the potential to grow exponent rather than linearly and is scalable, while innovation because a startup is testing assumptions that

Volkswagen and 9 Other Most Indebted Companies on Earth

In a study of 900 largest companies in the world, Volkswagen, a German company, is cited to be the most indebted company, with the total debt exceeding the debt of all South Africa. Volkswagen’s debt is currently at 192 billion dollars which is more than the debt of South Africa ($180.1 billion) or Hungary ($101.9

Business Model: What is It & Why is It Important? 

According to Joan Magretta in “Why Business Model Matter”, the term business model came into wide use with the advent of the personal computer and spreadsheet. These tools let entrepreneurs experiment, test, and model different ways so that they could structure their costs and revenue streams. In the simplest forms, business models can be broken

What Do Startup Founders Need to Stay FOCUS?

Being a founder isn’t only about leading a team. Oftentimes, a founder who also is a CEO needs to be the marketing specialist, project manager, decision maker, fund manager, or all of these at once. Keeping up with these schedules can affect your physical and emotional wellbeing – that said, being a founder should always

5 Key Success to Customer Experience 

When it comes to digital experience business and digital marketing, the only constant is change. In 2019, expectations for personalized interactions soar as more brands use technology to put customers at the heart of their digital offering. But what are the challenges for 2020?   To help realize your startup digital vision and improve customer experience

How to Get Customer’s Attention to Actually Buy a Product 

The percentage of consumers who conduct online shopping weekly has risen frequently year-over-year. Smartphones become the first go-to technology for this activity. As consumers are familiar with and trust digital technology more than ever, they are going online not only to purchase products but also try other services, such as consulting experts or doing an

Perks & Perils for Startup when Collaborating with Giant Company

Enrica Sighinolfi, the co-founder of Opportunity Network, said that partnership between incumbent players and startups is the way the Fourth Industrial Revolution will be sustainable in the long term. Startup business models could add value to existing players without necessarily disrupting them, while big companies could benefit in terms of helping corporates to enter and

Essential Areas a Startup Must Focus On

The article first appeared on HR in Asia. No one starts a business with the intention of not growing in workforce size, revenue, market value, and client base. Every founder has a vision to build a successful brand and scale to the highest point possible. However, this will remain a dream if you fail to start right

9 Main Characteristics of Successful Startup Businesses 

There are many growth and performance-related indicators that help to distinguish if your business idea and its execution plan can be considered as a well-run startup. Here are the most common characteristics of successful startup business are written as follows: High growth potential  As a founder, your business idea might be based on a shaky

Startup vs. SME: Which One Do You Want to Build? 

Setting up and developing a startup venture can be very different than running a traditional small or medium-sized enterprise (SME). The main difference of both, according to Johanna Puhtila, can be indicated as follows:  Growth and scalability Startups are different from traditional businesses primarily because they are designed to grow fast. By design, this means