What startups won’t exist in future?
Shreya Gupta
7 replies
What are the most important factors to consider when building a startup to ensure it remains relevant and successful in the face of emerging technologies and evolving market trends?
And what according to you won’t exist in the future?
Replies
Adeeb Malik@adeeb_malik
Launching soon!
I'd like to base it around not just startups but established organizations as well.
If you fail to adapt to the changing audience, persona, needs, demands, wants, etc. you will run obsolete.
What's important is innovation and pivoting based on how the industry is changing. If you flow with the river then you get farther, if not, well we know what happens then.
Staying relevant, technologically adept, and advanced is important, but that's not the make-or-break factor. It's all about delivering value and if you can do that with a bit old tech, brand voice, etc. then there's no problem.
What do you think?
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It's never about startups.
It was never about startups.
It will never be about startups.
It's about value creation.
If a company keeps innovating and keeps adding value to customer's life. It sustains and grows. Otherwise, whatever took birth has to die :)
Startups that fail to adapt and innovate will struggle to survive long-term. The key is to stay ahead of the curve by closely monitoring emerging tech and market shifts, and being agile enough to pivot quickly. Specific sectors at risk include traditional retail, legacy finance, and outdated SaaS. The winners will be those who leverage AI/ML, blockchain, AR/VR etc. to create truly disruptive and defensible value props.
Launching soon!
Some startups that won't exist in the future are those solely relying on fax machines for communication. To keep a startup relevant, integrating AI and data analytics is key - they're the new cool kids on the block!