Millennial generation is definitely a new generation which has given a new color of the world’s look. They were born along with the availability of sophisticated technology which brings much easier lives to live. No wonder that this generation is known as their idleness and their bad behavior of wasting money and time.
However, this is not thoroughly true. The presence of Startup Company since in the early of 2000’s has shown that there are also a lot of young generations who have positive attitudes towards their lives. They realize that there is so much opportunity to reach success and they persistently pursue it. Even, as time goes by, the number of the startup company is getting higher and higher from time to time. And many studies show that the founders are especially young men aged 25 to 35. It shows that many youngsters have great enthusiasm in this kind of business.
This enthusiasm, of course, will lead into the tight competitions among the startups themselves. As the number of the startups is getting higher, more competitive business atmosphere will be inevitable. Being in such competitive business, a company should have a precise strategy to stay in the market and keep their customers. Many efforts, new ideas, and creativity should always be updated and developed so that the customers won’t be stolen by other competitors.
And with a good work between the CEO of every startup and its team, many of Indonesian Startups companies reach their success, even; some of them are well-known not only all over the country, but also abroad. Startups like Go-Jek, Traveloka, Tokopedia, Happy Fresh and Kudo are some of local startups which are known world-wide.
If you would like to establish your own startup, here are the tips from those successful startup companies to learn.
This business has been very popular recently. Since it is very popular, the competitive atmosphere is something that you cannot avoid when you decide to get involved in the business. The great number of company which seems keep increasing will make the competition tighter from time to time. Therefore, you should be a smart founder if you want your startup company to be successful among others. You should be careful in making any decision for your company. You need to have a great communication skill with your team as well. The ability to analyze the market and understanding the management are also important things that shouldn’t be missed out. Plus, if you have a will to keep learning, it’s going to be a great start to develop yourself.
Having a solid teamwork is another main key for a success of a business. When you do the recruitment there are some things that you should pay attention carefully before you hire someone and put them into your team. First of all, make sure that the person you want to hire has the skill that you need for your business. Then, what’s not less important is make sure that he has the same vision as yours for it’s going to be the main key of your success.
Like a race, you should know where the finish line is. Running a company is about setting a goal. What achievement you want to reach by running a company? Set it clearly so that you know where to go and you can have a firm plan to get there. Without one, you’ll be clueless and you may end up know and do nothing about the company you are running.
Startup is always about innovation. In the tight and tighter competition of the business, innovation is the only choice that you should never stop doing. Another name of the startup is disruptive, which means it always gives or does what conventional businesses don’t. Therefore, innovation is just the answer that you will always do. Don’t make failure the reason for you to stop. Since once you stop, other startups will move much further and left you behind.
No one said that getting a success is easy. There are always phases and processes to get through. And With your determination and perseverance, the success of your startup company will never be far away from you.