Startups that Became Huge Real Quick
Are you thinking of starting a business? Have you ever nurtured a dream to become an entrepreneur and have a company and be your own boss? Are you tired of working for someone and really want to do something that you will be leading from the front? If you’ve answered yes to these questions, then it’s time for you to start reading up a bit more about what it takes to get a startup rolling.
To begin with, you obviously need to understand your own self — your strengths, your weaknesses and most importantly a superpower that you may have which makes you unique. You should also obviously do a detailed study of the market that you intend to launch your business in. Perhaps it’s a good idea to check out these articles which list out a few things that could help you become a successful entrepreneur.
It’s also a good idea to check out case studies of other successful startups. What did they get right? There is really no template which you can follow to become successful but it still helps to study those who made it big. Here’s a list of startups that made it really big really quick.
Groupon
Groupon is one of the world’s biggest deal sites. It originally started from a small social network called The Point. The founder Eric Lefkofsky noticed that users on the network were coming together to get bul deals on products. Noticing an opportunity, he launched Groupon which went on to get over $1 billion evaluation.
Twitter is now one of the world’s biggest social media networks. Everyone from celebrities to politicians are on twitter reaching out to billions of people across the world. The social network site is now known to overthrow governments, start revolutions and change people’s fortunes. But it really just started as a random small company working on communication. No one, not even the company founders, realised that in the future this would become a primary form of online communication for so many people.
Oculus
Oculus is now a famous brand in the world of VR. But it all really started in a little garage where Palmer Luckey would tinker around and build what he thought would be the future of entertainment. His fortunes changed after he did a fantastic Kickstarter campaign. He finally ended up selling the company to Facebook for over two billion dollars.
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Khan Academy
The story of the origins of Khan Academy is actually quite amusing. Sal Khan. The founder was a tutor and he was told that his students preferred to see him online than in real life. That got him on the road to build what is now one of the world’s most famous online tutorial sites.
There are many more such case studies like Craigslist, Gumroad and GitHub that began small and quickly scaled to great heights. Your startup could be the next one but to do that you need to have a long term vision and a small idea that could change the world.
