Startups
September 1, 2006
Startups !!!!
During the dotcom boom there were burgeoning number of startup companies.
Most of companies could not even survive and are rated as top 10-100 dotcom flops.
Does the startup companies have an anticlimax ? Do only the big players like Yahoo , Microsoft , Google survive ?
The answer to this is definately a BIG NO !!!
Startup companies have greater chances of success,survival,high return on investment & profit margin.
Over years of my close watch on startup software companies & big players in the market.
I arrived at the following conclusions :
There are basically 3 types of software startup companies :
Type # 1
- These companies play / perform aggresively when they are young .
- When they are young, their only motto is to playaround with various technologies & gain as much in-house proficiency as they can.
- During this period they almost forget about the Quality,Process Management and Branding
- They frame their vision out of expertise they acquire over period of time
- They realize their defects and will try to patch those gray areas at later point in their life-time.
Type # 2
- These companies play / perform very aggresively in entire lifetime
- They only their motto is to master only particular domain & always thinks of lion-share in market.
- They have very strong mission but lack vision .
- During this period they take care of the Quality. They dont think of branding at all.
- These companies are a kind of warehouses for big players & eventually merge with them loosing their own identity.
Type # 3
- These companies also play aggresively when they are young.
- They have very clearly defined vision & mission for their company .
- They always crave for long term relationships & strategic partnerships.
- They dont comprimise on Quality,Process Management.
- This type of companies best of breed in startups and have a eye on branding as well
Map to one of these types where your startup company fits in !!!!!
Advertisement
Very interesting analysis here. I agree that companies other than the “big players” have a chance for success. I think your three profiles up there can be applied to startups in nearly any industry, not just software — so keeping these points in mind will be helpful to many people.
Really interesting.I could easily map it to the exisiting scenario very well.And ya , its very true startups can make really big whatever the industry and this analysis is going to be really helpful.Keep going…