Startups and 2010

Happy New Year !!
Creative Commons License photo credit: coquetboy

Today is the last day of 2009. That means we’re moving into the first new decade of the 2000s. 2009 was not a very good year for startups considering the recession and economic downturn. It was also a rough year on the Venture Capital front. But, there are promising signs that VCs are preparing to ramp up their investment by injecting much needed cash flow into startups in 2010. So that’s good news on the VC investment front but startups also need to make and keep certain resolutions to be successful in the coming year. Here are a few important ones:
1. Simplicity and Stability – reduce unnecessary components and be consistently excellent.
2. Set realistic deadlines and meet them
3. Value your team and their commitment  – have a collective vision
4. Be receptive and open to the market – ready to absorb and change accordingly
5. Release Early - Release Often – a balance between perfection and speed
6. Internet Marketing will be indispensable in 2010. A Website design or Website redesign will help your startup keep pace in the competitive market

Happy New Year from the Bhopu Team!

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  1. January 6th, 2010 at 16:00 | #1

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