7 Challenges and opportunities that affect the survival of startups
Source: Internet
Author: User
KeywordsImpact entrepreneurship opportunity
Startups are the hope of the future, and I've always believed that entrepreneurs who work on existing business models will make a difference in the future by working hard. This means that before you start your company, you need to identify and take advantage of the changes in today's situation that are making it difficult for many big companies to develop sustainably. We see evidence of this change every day in the news, proving that there are some irresistible forces that are causing these changes. For example, as the Internet in the global spread of the creation of business relations in the process of social media power, as well as the consumption and pollution of natural resources and so on. For entrepreneurs, these are huge challenges, but also huge opportunities. "New Facts About Enterprise Life" (Thenewcorporatefactsoflife) highlight the opportunities and challenges facing the business community, but I believe every start-up needs to understand them, Dianarivenburgh Diana Rivenberg, a trade consultant. Here are my explanations for Diana Rivenberg (Dianarivenburgh) about the survival pressures of companies: 1. Disruptive innovation. When a new product, service, or business model makes the old ways of doing business seem outdated, it means disruptive innovation is taking place. In the past, disruptive innovations have occurred only a few times a century, but now, almost every business plan I've read emphasizes disruptive innovation. That means. If your startup doesn't start planning how to innovate, your company may never get the status it deserves. 2. Economic instability. Today's financial uncertainty threatens all countries, industries and individuals. In our highly interconnected world, where the economies of many countries are interconnected, manufacturing is shifting to emerging countries, and the financial crisis is rapidly spilling over into small countries and affecting the most innovative companies, such as Apple and Nike. However, this instability also provides opportunities for development. 3. Social unrest. Poverty, pollution, unemployment, limited education and lack of health care have created the greatest opportunities for today's social entrepreneurs. The best startups also see these as opportunities for brand awareness and viral marketing, which in turn benefit the people and raise incomes for the people involved. 4. Corporate Stakeholder role change. For years, listed companies have been too focused on board members and shareholders as the only stakeholders with power, leading to many unintended consequences. Today, the role of the enterprise has changed: Customers and employees are new stakeholders in each enterprise. Exploring new models (like the conscious capitalist model, which is a model of working to advance human progress while using proven business principles), you can benefit from the support of all stakeholders by issuing a social-awareness mission statement. 5. Environmental degradation. The old paradigm that humans can plunder the Earth at will and bear no consequence is obsolete. Now if a company has a negative view of the environmental impact, it will reduceLess its brand value, while a positive view adds to its brand value. Environmental protection does not always damage people, take their tax income to landfills, many investors are now looking for sustainable environment-related start-ups. 6. Globalization. As communication technology and rapid transport are connecting all the world's citizens, our world is becoming smaller and markets continue to overlap. We are talking about reverse innovation ", customers in developing countries will first adopt new technologies, and the global market expansion of young companies can be done almost overnight." 7. Population transfer. As more people on the planet move faster from one place to another, people need to consume more products and services and consume more products and services, from the most basic to the High-tech. The influx of luxury goods into emerging countries and urbanization has brought about the need for sustainable development. In a competitive environment, the chance to win is increased for the start-up companies that travel light. These facts, which affect the life of the business, will not disappear in the short term, and are increasingly deciding whether your company will succeed. Every time you make a business decision, you should consider the impact. A key step for a start-up is to design a resilient organization from the start. That is, to establish a flexible management model to meet the challenges, to establish a future-oriented mechanism to assign responsibility, to use the network to connect the functions of each job to complete the task, and to focus on staffing and operation. Great entrepreneurs and great companies are the ones who are motivated by these problems and not challenged by them. Are your abilities and your new business ideas innovative enough to boldly set a survival model for future new ventures?
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