Technology startups are constantly making the headlines of major news sources and it’s no wonder why. These technology startups are changing life as we know it and the trend shows no signs of slowing down anytime soon. Case in point: Facebook recently purchased virtual reality headset Oculus Rift for $2 Billion. Facebook also recently bought a drone company, a payment processor and, oh yeah, there was that WhatsApp fiasco where Facebook really broke the bank. Then there was the headline recently that said that Google had recently acquired a robotics company. If this technology startup trend continues, the world may become completely unrecognizable from the way it is today.
Technology startups have always taken center stage. Much of the technology we take for granted, like the microwave oven, the toaster, the convection oven, the toaster oven – these were all considered technology wonders of their day, and that’s just in the kitchen. Consider the light bulb, the light switch, the desk lamp, the strobe light and the spot light.
We could go on all day discussing technology, when it emerged and what technology startup trend it originated from, but the bottom line is that it’s largely technology startups that are propelling this society forward.
The Oculus Rift is a great example of this. What started as a virtual reality headset for games could soon morph into a headset that is used for all sorts of things. Facebook has already speculated that users will soon be able to attend a sporting event or concert without ever having to leave the house. Imagine sitting courtside at a Laker’s game or watching a movie in an empty theater, where you can actually look left and right and see the empty seats next to you, stale popcorn crumbs and all.
The Oculus Rift started with a dream thought up by a fifteen year old. We are constantly told that Facebook began in a college dorm room. Michael Dell started his computer business in his garage. These stories should be inspirational to anyone who may consider following this technology startup trend right into the history books.
You don’t need to be an electrical engineer to get a technology startup off the ground. You only need a great idea. Consider the recent chap who invented the app Flappy Bird that took off (no pun intended), making him a millionaire almost overnight. He had to pull the app down because he couldn’t take the heat. Luckily he recently said that the app would be back, though he’d need a little time to process all the excitement.
Pursue Your Own Startup Ambitions
If these technology startup trends have your spidey senses tingling and you want desperately to get your idea off the ground, take a page out of the books of the above individuals and write your idea down. That’s step one. Then come up with the very one thing that makes your technology offering better or at least different than all the other tech ideas like it. Identify obstacles that you may face in the foreseeable future and come up with ideas for getting the funding you need; you know, until Facebook or Google offers you a bazillion dollars for your technology startup idea.
Next you need to dream big. Identify a need that people may have that your technology offering may help to satisfy. Facebook solved the need everyone had of staying in touch. The platform has almost singlehandedly made the world a much smaller place. Then there is the Oculus, which will definitely transform gaming as we know it, but the other implications are limitless. WhatsApp has already changed text-based communication as we know it and your tech startup is sure to have the same effect.
How will the world change because your technology startup managed to bring your offering to market? How will people’s lives become easier, and what other startups might form because your idea inspired them? These are all questions that you should ask yourself as you begin to flesh your idea out. Yet there is one major point that must be addressed. For a technology startup to work, the very best people must be behind it.
Finding Like-Minded People
The technology startup trend of today is showing that friends and startups don’t mix that well. In other words, be incredibly wary about hiring friends or bringing friends into the fold when starting a business. You never want jealousy or conflicts to interfere with your ambitions, and these conflicts often arise when friends become technology startup partners. Regardless if they are friends or not, make sure the partners you do choose are reliable and the best-of-the-best when it comes to the skills they bring to the table. The better the people around you, the easier it will be to get your idea going; and when that happens, watch out. You are about to start on a technology startup trend that is sure only to rise from here on out.
INSTANT REPLAY CASE STUDY:
Discover the 2-step formula he used to make $13,390 without selling a SINGLE thing!
No, seriously. We’ll walk through this case study and show his exact strategy, PLUS demonstrate this powerful technique by making money right before your eyes!