IT Challenges for Startups and Entrepreneurs

How IT Firms Fail Entrepreneurs

Two Types of Entrepreneurs Ones who leave their job and put their career on hold to build something great.

Ones who hold to their job and hire an IT company to build their startup.

The second kind are the victims

How IT Companies Operate Hired for independent jobs. Design, SEO, etc.

Collective thinking missing Little understanding of building and scaling startups.

No incentive to think beyond project brief.

Not something online businesses and startups need

Market is unforgiving "Around 1000 startups died in last 2 years only" "5-10% startups scale up and almost 70% will fail" Around 90% startups fail globally.

Startups that fail  NEVER: Find product-market fit Check industry competitiveness Plan development spend Save for marketing and branding spend Think about search engines Focus on USP or finding niche 100 other things

Startups that fail  ALWAYS: Worship ideas and gut feeling.

Misread market and demand.

Struggle with flawed Development.

Suffer with meek Marketing.

Run out of funds.

Time it badly.

Rarely innovate.

In short, Typical IT companies don't have the skill-set, expertise, will, and incentive to help you figure out the labyrinth of startup world.

Thinking of starting an online business or startup? Consult first, invest later. hello@upreports.com