Startup Technology Is Not Enough to Start a Movement
Startup Technology Is Not Enough to Start a Movement
How many great ideas for a startup companies do you know of that never really got off the ground? Startups are a dime a dozen and the majority never become successful. Even some of the best ideas and coolest technologies fail to reach their full potential. These days it takes more than just a great technology to achieve brand success. Startup companies must offer a compelling reason for people to embrace their products or services. Often, even the best technology won’t be successful if the company behind it can’t create the buzz necessary for rapid widespread adoption.
SOLVE A PROBLEM OR START A CAUSE
To be successful, entrepreneurs know it helps to create a movement or relive a common pain point. The best startups are companies that offer solutions to fix real problems. Likewise, a startup that is built around a cause is also more likely to succeed. You need to start with simplicity by keeping your products and/or services’ solutions as simple as possible. By keeping things as streamlined and focused as you can, customers will find it easier to understand and adapt your technology.
WHO’S YOUR AUDIENCE?
It’s also important to know your audience. You must not only identify who you are trying to reach, you need to truly know them. That means understanding their tendencies, how they think, what drives them and what they’re pursuing. So, you can solve their problems or help their cause, then you can create products or services they desire, deem necessary and purchase.
CREATE YOUR OWN MOVEMENT
If you have clearly defined your value proposition your customer base will start to develop even before they have had a chance to try your product or service. In most cases, companies attempt to reach this stage with advertising and marketing aimed at getting people’s attention. However, if you want to create a real movement that can catch on and push your startup over the top, you must think outside of your obvious consumer base. You need to consider all possible users and how your product might help them. Next, focus your movement efforts to include consumers in those segments until they also see the benefits or value of your product or service.
SIMPLICITY AND DISRUPTION
Countless startups have tried and failed. Even some of the best ideas have ended up on the scrap heap because a company couldn’t gain traction or carve out a market niche. It’s vital to keep things simple, know your audience and ride or create your own movement. Lastly, if you really want to disrupt an industry, or create a new one, it’s vital to immerse every possible stakeholder within your potential audience into your story. That’s how a movement begins.
We hope you enjoyed this article about startup technology is not enough to start a movement. If you have any questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us at Info@GROCO.com or visit www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
We hope you found this article about “Startup Technology Is Not Enough to Start a Movement” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
Taking Over the Family Business with Pamela Kan, President of Bishop-Wisecarver Corporation See Pamela’s recent interview with Alan Olsen on Youtube: https://youtu.be/-KvsbCcfmaM Pamela Kan has been the President of Bishop-Wisecarver Corporation since 1999. She is a highly respected leader in the manufacturing and engineering industry, and has been instrumental in growing the company into the…
Igniting Others With Kary Oberbrunner See Kary’s interview with Alan Olsen on Youtube: https://youtu.be/IfPrM7b9LII Do you struggle through life feeling lost? Do you want to find your dream job or perform better at your current day job? Are you looking for a new secret weapon for mastering life? Kary Oberbrunner is a Wall Street Journal…
Today we discuss:
-IRS inflation related adjustm…
Thanksgiving is one of my favorite times of the year because it helps me to remember the many things I have to be grateful for: my family, relatively good health, friends, job, religious freedoms (I should probably use more often), and too many other blessings to list. Not to mention the Thanksgiving meal, mashed potatoes,…