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Challenges faced by Tech Startups

February 19, 2015

Rapid Growth- Expanding at this fast rate is a challenge for startups Adding Talent- Another side effect

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UX Principles

February 19, 2015

Hey Guys!! In this blog we are gonna discuss about the various UX Principles.

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Challenges Faced By Tech Startups

Challenges faced by Tech Startups


Rapid Growth - Expanding at this fast rate is a challenge for startups.

Adding Talent - Another side effect of rapid expansion is the need to find and hire new talent.

Fast Paced Market - Technology moves at an incredible speed, and keeping up with the changes can be a challenge for startups.

"Hire the right set of people in your startup with the same passion."

Need or Gap Fixing - To deliver a product or service that meets a critical need better than anyone else does.

Investors & Valuation - Selecting the right investors and getting the right valuation are additional difficulties.

Research - To feed its products and services in the right Target Audience.

Marketing - One of the biggest challenges that likely Tech startups face.

Poor management team

Partnership decisions

Hiring - Talent is immature to opportunities that startups offer. Most don't understand that it takes great amount of time and investment for startups to train young talent.

Cyber risks

Not solving a real problem

Have an idea BEST than have it FIRST

Peer pressure is far more visible

Absence of mentor - Young entrepreneurs usually have unique ideas however they lack experience.

Office space

Fear - Because market is not that mature

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