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Topic : How to Start a Successful Startup?
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Started by : Ujwal Chana, Project Lead, Polaris Software   01 10 2009 13:53:28 +0000
Industry : InternetFunctional Area : Success Stories(Entrepreneurship)
Activity:  204 views;  last activity : 08 25 2010 13:56:43 +0000

 
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1 2 3 4 5
1 A Perfect blend of all
2 Superb Idea
3 Founders Passion
4 Untapped market opportunity
5 Extraordinary execution
6 All of them :)
7 Investor Support
8 End Justifies means....

A Perfect blend of all

idea posted by Diptanjan Mukherjee Team Leader -(Technical), Navayuga Infotech

There cannot be a single factor to become a billionaire, I personally feel it should a perfect blend of all key factors.

1 30% Superb Idea and Vision.
2 50% Founders Passion & Extraordinary execution.
3.20% Luck factor.

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by Anirban Bhattacharya, Software Architect, Novartis Healthcare Pvt Ltd  | 04 11 2009 06:47:28 +0000

If a person becomes a billionaire, there cannot be single factor responsible for this. Combination of all factors only makes a man millionaire. As you know only a multifaceted talent can be called a genius.

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by Maitreyi Mukherjee, Team Leader -(Technical), Satyam Computer Services  | 04 11 2009 06:43:10 +0000

Yes diptanjan, I too feel the same, ther cannot be a single reason for making of a Billionare.

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Superb Idea

idea posted by Sreenivasulu Dasari Project Lead, HP
Sharing Videos free by people like you and me had built the the third most traffic site on the web. It was not about the technology but addressing a genuine need. Of course, i am talking of youtube. Message from founders after acquisition by Google attached for reference
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Founders Passion

idea posted by Ravikant Raju Project Manager, Infoline
There can be different reasons that people may give for success of any company but can anybody deny the role of founders in a company.
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by Radhakrishna Marar, Business Analyst, Oracle  | 05 08 2009 11:26:31 +0000

I agree with Mr.Vinay that the passion and the will to do something is a very big factor in achieving something.But I would also like to say that other than this if you have the full support and commitment of your employees & if there is a mutual understanding and clarity about the goal that they need to achieve then that can contribute a lot to the success of a start-up company.

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by Vinay Mudgil, Sr. Application Developer, Computer Sciences Corporation  | 03 14 2009 05:39:56 +0000

well guys, my firm believe is that the founders passion is more important than anything else... see if an a guy is passionate about his work sooner or later he/she will find some or the other way to execute the plans.... even if its an hurdle on the investment front OR maketting front OR exploring untapped areas..

Vinay

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Untapped market opportunity

idea posted by Ujwal Chana Project Lead, Polaris Software
Making a billion dollar business is only possible if the market opportunity is big and largely untapped. Indian examples like IT offshoring, Mobile and Global examples like wikipedia prove that if you address a market which is big, you can potentially create huge value
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Extraordinary execution

idea posted by Priti Dhanda Project Lead, Tavant Technologies

ashish guptaPossibly one of the best talks Ive heard on startups and entrepreneurship. Ashish Gupta illustrated points on how to execute and execute well. His focus was technology startups.His message was simple:  Ideas are easy but execution is key

Ashish Gupta has co-founded two successful companies - Tavant Technologies and Junglee that pioneered comparison shopping on the internet.

 

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All of them :)

idea posted by Amit Patekar Project Manager, Anuva Technologies

I think all of them are important

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Investor Support

idea posted by Janardhana Varma Project Lead, Infosys
Billion dollar companies need investments and therefore the ecosystem created by Angels and VC are so important
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End Justifies means....

idea posted by Gajanan Co-Founder, ThoughtLabs

People always talks about the success.... so as we talk about path chosen by successful entrepreneurs. 

Even if Team is good, market is untapped, one gets investment and even idea is superb.... Does it guarrantee that he/she will be successful??

No.... 

It happens other way round.... after success people say... he is successful because team was good or he got funding n blah blah blah.....

It means 'End Justifies Mean'...  :)

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