Educational, Motivation, Startups, Technology

You Need To Know This Before You Startup | Startup 4 0

Kshitij Doval

kshitij

Don’t outsource the main foundation of your business.
There are two kinds of startups:

Tech-centric: wherein the entire business surrounds around it’s technology. Eg. Facebook, HCL, AWS, Google etc.

Tech-enabled: wherein the entire business needs technology as a support system but the core business lies somewhere else. For eg. Byjus relies on content creation and teaching style. Technology is an addition to its quality.
Be very focused on the fact that your startup idea must surround your skills otherwise if you outsource the main foundation of it to another company or an individual, your startup has the highest chance to fail.

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