To make a start up a success we always think to have a great idea and we go back to school to get one. But that not the real truth to have a success start-up we need to find an area which is large enough to absorb many start-ups so that it can reduce the chance of failure and loss. Like, if we talk about the Internet Sector then e-commerce, tech blog, news may be the area which has the capacity to absorb many start-ups as user base exploring is huge and growing. And Social already captured by Facebook, search by Google and mail by gmail, ymail etc can be a bad idea to enter fight with them who have bigger server and better quality.
Now once you have identified the area, it is important to identify the weak point of the area where others are lacking behind and provide that in your start-up. Like tech blogs are not pure about internet sector where we need more news and more exposure can be a better deal. Similarly, cloud storage Drop-box takes equal space on my laptop as much it takes online so I need a software which is like an online folder and do not save thing on my laptop but it feels to me as if it all resides on my laptop.
Once you identify the area which needs to be improved, we should concentrate to provide a quality solution. Quality is one of the most essential element as its bind the user to your company. Once done that new users will come soon listening about the quality product from others. But if you failed to provide strong and quality solution to the user then you may lend in using users which may not come back soon.
Every time you don't need to be original, sometimes improving on the failed idea of the other and delivering the same idea with a new vision may be a good thing to do.
There is no success mantra for the start-up but its depends upon you and your idea that what you need to make a start-up to a good business.
Now once you have identified the area, it is important to identify the weak point of the area where others are lacking behind and provide that in your start-up. Like tech blogs are not pure about internet sector where we need more news and more exposure can be a better deal. Similarly, cloud storage Drop-box takes equal space on my laptop as much it takes online so I need a software which is like an online folder and do not save thing on my laptop but it feels to me as if it all resides on my laptop.
Once you identify the area which needs to be improved, we should concentrate to provide a quality solution. Quality is one of the most essential element as its bind the user to your company. Once done that new users will come soon listening about the quality product from others. But if you failed to provide strong and quality solution to the user then you may lend in using users which may not come back soon.
Every time you don't need to be original, sometimes improving on the failed idea of the other and delivering the same idea with a new vision may be a good thing to do.
There is no success mantra for the start-up but its depends upon you and your idea that what you need to make a start-up to a good business.