Entrepreneurs often do not know what type of company their idea belongs to. In this article I will clarify what these startups are and I will also tell you which companies should invest or venture in 2017.
If you are looking for the best time to do something, I inform you that this is the right time! Why am I telling you? because in recent years there have been wonderful opportunities to start businesses in areas you least imagine.
Companies compete over who offers the best services and solves problems in the easiest and most convenient way for the customer. That’s because
Once you know what types of startups exist, you can better categorize your idea when starting a business, which will help direct your efforts in one direction.
Watch this video for encouragement when it comes to taking action:
If you still don’t know what a startup company is, don’t despair because I already wrote about it in my previous article, here it is.
Very well, once the concept is known, let’s get down to business.
Types of startup companies
Start-up companies have revolutionized the technology, finance and advertising industries and even become a way of life ”Lifestyle startup”.
If you want to get involved these days, you know the types of startup companies, they will completely change your vision.
Without further ado, let’s look at these 5 types of startup companies.
#1 Lifestyle Startup, make your business a passion
Of course, for every entrepreneur, their business idea is also a passion, but in this case we are talking about a lifestyle that turns what you are into a profitable business, from which you can not only live, but also enjoy your passion more. .
Nothing represents that phrase better: “If you work at what you love, it will never be a job” than this type of startup company.
For the pleasures of life, this is the best option to start a business.
At this point I am mainly referring to companies or small businesses, which can be surf shops, diving schools, tourism companies, etc.
Generally in this type of business, you’re the one who takes the lead, who raises the capital, and the employee with the most work, but like we’ve said before, if you do what, it won’t get you as much work You want to.
It’s not about being the next Steve Jobs, far from it, but something much smaller but just as rewarding. From what you will be able to live comfortably by doing what you want and creating jobs in your area, you will not only help yourself but also those around you.
It is a business that not only allows you to live your passion, but also to grow it.
For example, if you love to travel and start a tourism startup, you can travel as much as you want. Live thrifty from it and also offer something good to the world. What more could you wish for in life if it’s not a startup lifestyle?
#2 Social startup companies, make a difference
This type of business is a grain of sand for the entrepreneur who wants to change the world.
There is a myth about social startups that they don’t generate income or that they aren’t profitable, it’s not true. Doing a social good does not mean not making money for it.
There are some entrepreneurs who do it for no profit, but if you want to start a business that you can make a living from and also make a social contribution, this is your kind of startup.
Let’s look at an example echo pro is an advertising company that sends ecological messages in its advertisements.
Not only does it generate revenue for the members of this startup, but they also put an ecological message in each of their campaigns.
You can always make money, but if we do the same by contributing to this world, it’s like a win-win, isn’t it?
#3 Startups that scale
Let’s get down to business Facebook, Skype, Google, Apple. These are the kind of startup companies that were born to be great. The founders of these startups are sure from the start that their idea will change the world.
”Going forward, we will reach out to the public because that is the commitment we have to our investors and our employees.” Mark Zuckerberg
The interest of these companies, in addition to making a global impact, is to generate millions upon millions of dollars. Unlike the other types of startup companies we’ve seen before.
Normally, these startups need a lot of capital. To meet this need, sometimes an investor is needed to put together the best working team to achieve the goals.
Scalable startups don’t beat about the bush, they come to change the world and generate money.
#4 Startup for sale!
It’s the creation of an idea that costs millions of dollars and usually doesn’t need investors. The entrepreneur works without much pressure and turns his idea into a gold mine.
These startup companies are intended for sale, which is generally their main characteristic, although there are also cases where they were not created with this idea in mind, but it is also more profitable for the entrepreneur to sell them.
Let’s look at the example of Instagram. Instagram undoubtedly a million dollar idea and it was sold Facebook for $1 billion. Figure that the creator of Instagram could not refuse.
In general, these companies tend to be mostly social networks. Web Apps and Mobile Apps.
#5 Big companies, time to innovate
Increasingly, large companies are lagging behind, recognizing that it is time to overhaul their structure. The market moves forward and big companies have to go hand in hand.
For this reason, they invest in small startups that allow them to create new structures and business models and have a new organizational capacity, in addition to being up to date with technology or new trends.
Startups give you the opportunity to practice disruptive innovations, when they are large and traditional companies, the type of innovation they practice is incremental.
Recommended article: Incremental innovation versus radical innovation.
If you have already decided on some kind of foundation, I leave you this information so that you can consider what kind of financing or investors are right for you according to your plan and when you should go to them.
I also recommend this article on the 50 stat-up companies most successful in Spain to cheer you up yours can be the number 51.
Want to know which startup companies to invest in in 2017? Continue reading!
Startups of 2017 that investors will be eyeing
This year 2017 brings us many innovations and you will not be left behind to innovate with 2017!
If you want to invest in a company this new year, you had better do it in one of these startups.
Know the technological trends for 2017.
It has changed the way we view finance. Fintech brings together technology and its purpose to replace traditional banking. Faster and more efficient financial movements at the touch of a button.
What kind of startup company suits you – Expand your business vision.
This innovation has the ability to blend reality with the virtual. The pioneer app of this technology was Pokemon go. The business opportunities that capitalize on this trend are countless.
Systems to create smart homes.
What kind of startup company suits you – Expand your business vision.
Devices that stick to structures can be homes or businesses, basically anywhere, and they work through an app on your phone. It was used for advertising.
Want to learn more about these trends? Check out my article on the trends of 2017
Not only will you read about these innovations, but you will also know the profile of the current consumer. You will know how to start a business using each of these technologies and, if you already have one, how to improve it.
Expand your business vision
Now that you know this information, you have surely improved your business vision.
If you have a startup in mind but misclassified it, it can hamper your business.
In order to take action, it is always better to know what class your company belongs to in order to direct efforts in one direction and achieve better results.
And now you know not only what kind of startup company you have, but what other you can combine it with or how.
Suppose you are a travel lover and you want to start a tourism agency. It doesn’t have to be so square and boring anymore. You can have a startup company connected to your lifestyle (lifestyle startup). Recall? our first kind of startup.
Now that you know it’s possible, turn your passion into a business.
If you’re ready to start your startup business now, let’s tackle the business of the future.
Would you like to read more?
10 tricks to achieve green entrepreneurship (and save money).
10 business ideas with professional drones.
Network Marketing A Profitable and Sustainable Business?
How to start an accessible tourism business.