No Age bar to start a ‘Start-Up’
“Don’t worry about failure; you only have to be right once.” –Drew Houston, Dropbox Co-Founder and CEO
21st century is witnessing, people are not job seekers anymore, but they are becoming job creators. If you observe and look closely, every industry and sector under the sky is transforming. Start-ups are leading the path. The idea of working for oneself and doing things unconventionally is the basis of Start-up’s today. Start-up is an evolving enterprise rapidly gripping every corner of the world. These small businesses have latent talent and potential to target the global market with their innovative products, functions and services.
What is the right age and qualifications for starting a Start-up?
There is no age barrier in this sector. Even people without any degree can also become an entrepreneur. World have many entrepreneurs and Start-up’s companies who did not even complete their college degree.
At an early stage start-up need funding, to develop or innovate a new product. If there product is promising they can easily attract Venture or Angel investor. Nowadays, banks are also investing in start-ups. Funding is not as easy or hard as it seems. But the confidence, belief and faith on oneself are the fuels to move ahead.
At present there are many college students that are becoming entrepreneurs. We waste time in thinking, but there are people who start working. A person who starts early has the maximum probability to reach the pinnacle.
These startups are the engines of global growth and we though that we would share stories of 5 of the most interesting start-up’s according to us.
Bio Metrix:
This small company is manufacturing a wearable sensor device that can tracks athlete’s ‘training and recovery’ known as BioMx. Bio Metrix founded by two former athletes from Duke University. Their start-up is financed by a team of industry professional and university physiology researchers. Biomx aims to measure and record the athlete’s body functions during practice and rehab. The goal is simple just to help athletes have an injury free career and most importantly knowledge of their own body functions. This knowledge allows them to cut down recovery time and optimize the training by bettering the rehabilitation process and monitoring fatigue, resulting in accentuated performance.
Video link: https://www.youtube.com/watch?v=fYX_us1jpuI
Eighty Nine Robotics
They have devoted their valuable time in manufacturing a Wi-Fi enabled drone called ‘Rook’. It is designed to monitor home or office from anywhere. It is controlled remotely, using a smart phone application. A high definition camera is inbuilt, which can stream video in real time on your phone.
Video Link: https://www.youtube.com/watch?v=UD3GrpiPhYQ
MISFIT Juicery:
The Georgetown University student founded MISFIT Juicery start-up with an aim to fight the food waste. They use tasteful but aesthetically unappealing fruits and vegetables in its juice products. It makes cold pressed juices with peculiarly shaped, sized and colored. They brand their product as an everyday drink and their goal is to expand the concept of food products and consumer goods.
Video Link: https://www.youtube.com/watch?v=TmzC2XR0ezI
Slice Capital:
They allow individuals to invest in small business. Basically they are mobile based equity crowd funding start-up. It was founded by business and computer science student of the University of Pennsylvania. It aims to stand apart from conventional industry by allowing unlicensed investors to buy and sell shares of private companies. They are planning to bring down its current investment of $500and allowing people to invest their smaller amount in startups. The company is being triedby legal counsel to assure they are under the recent SEC crowd funding rules and planning their public launch.
Video Link: https://vimeo.com/151492498
Cociel Food:
It helps independent growers and producers of Latin America to export their products in international market. Cociel food offers tropical flavoured sauces from Costa Rica, a smoked banana steak sauce and a mango hot sauce. It is founded by Babson students and aims to eventually become a certified B-corporation. They also aim to spend a percentage of their sales to help and establish sustainable sourcing practices throughout Latin America.
Click to visit their website: https://www.cociel.org/
These start-up stories are thought provoking and truly motivational. If you have come across similar start-up’s you can share information about them in the comment section. We will surely research and write about them in our upcoming blogs. We support these start-up by telling their story our way and making people aware, share so that they get their share of recognition.
If you are looking to open a startup, you can take advantage of our Business Consultation Services.