What you should know about Your Startup

So you have a startup. Congratulations, you and 100 million other people. Don’t worry, as 90% of new businesses fail, the field won’t be too crowded for long.

Still with me? Well, here’s the actual good news.

First, there’s a lot of people, corporations, non-profits, and governments with over $17 billion dollars of funding available to you and your team to get started. There are so many financial resources available that those big scary numbers in the first paragraph seem like small change now, huh?

The US government is in the business of throwing money at tech startups, as is the EU, and if you look around there’s a decent chance that there is a government resource you could use. There are charitable foundations named after billionaires and other people, even some that aren’t evil, to fund your nonprofit startup. In future installments I’ll be focusing on these individually and in more depth.

Second, the most common, the saddest, and most hilarious reason that startups fail is that they make products no one wants. This is another simple fix. Do some market research. I know that sounds insanely complicated and/or expensive. It is way easier than you’d imagine. Ask some friends, family, fake facebook…