A newly emerged and fast growing startup companies are often risky businesses and some of them do fail. Creating something fresh and entirely new can be an exhilarating experience, but with constant and even extreme challanges and risks to take. If you want to build succesful start-up try to start a company you are passionate and knowledgeable about. Be prepared to spend a lot of money and time on your project. Gather various talented specialists and experts around you and don’t hesitate to ask them questions about your budding business. Listen to them carefully and note their valuable pieces of advice and insights. Finally get involved with some effective crowdfunding platform (like Kickstarter), which focuses on creativity. Post on Twitter forums and blogs – make your presence more visible online. The path to succeed as an entrepreneur can be rocky and hard, but get ready to do it if you dream big and are willing to fight.
Perhaps the most succesful startups of all times are Facebook and Twitter. Both become worldwide global phenomenons. Facebook has its predecessor in Facemash – a short-lived website created by Mark Zuckenberg, Andrew McCollum, Chris Hughes and Dustin Moskovitz, four students at Harvard University, which allowed its users to compare two student pictures side-by-side and let them decide which student was hot and which one wasn’t. In January 2004 Mark Zuckenberg began creating a new website called ‘TheFacebook’. His intention was to connect people around Harvard University. During 2004 and 2005 Facebook expanded to many more universities and thousands of high schools in the United States, the United Kingdom, Mexico, Canada, New Zealand, Australia and Ireland. On 26th September 2006, Facebook opened its services to everyone aged 13 and older with valid e-mail address. Currently 33-year old Mark Zuckenberg, who co-founded Facebook is the fifth richest person in the world and Facebook is the most popular application on the Internet.
Another extremely succesful startup is Twitter (orginally called twttr), where registered users can post so-called ‘tweets’, restricted to 140 characters. It was founded in March 2006 by Jack Dorsey, Noah Glass, Biz Stone and Evan Williams. This online news platform and social networking tool („the SMS of the Internet”) became the second most popular application on the Internet and the largest and quickiest source of breaking news.
Third example of lesser known wildly successful startup is perhaps Pandora. Tim Westergren founded this automated and personalized music-recommendation service in 2000. One year later Pandora ran out of money and went broke. But Tim didn’t want to give up so easily, so he actually convinced his 50 early employees to work salary free for two years until he was able to get more funding. This is what I call a true long-term dedication toward building something new and amazing.
Such startup success stories can be motivational and inspiring – especially if you want to become succesful entrepreneur. Taking a risk is always worth for startup creators.