How do startups work?
How do startups work?
Startups are businesses or companies that are typically newly established as a result of entrepreneurship. They grow rapidly and are created to provide innovative and sustainable solutions to address a market need. These companies often rely on risk-taking ideas, and their business model is often undefined, with their target market being speculative. Startups can operate in various sectors; However, it is often referred to as companies that experience rapid growth and operate in the technology sector. However, it’s worth noting that the concept of a startup is not limited to online businesses, and some startups are entirely traditional but can leverage technology for their operations. In Iran, most startups tend to focus on new technologies. Startups can have either a repetitive or entirely new and innovative idea, and they may or may not have been previously implemented by someone else. Startups can lead to market disruption and have a forward-thinking approach, or they can be traditional businesses that provide their services online. Startups are often structured in a way that makes it difficult for others to replicate them, which is why most of them have few competitors or are even in a blue ocean, where they create a market that didn’t exist before. However, the majority of startups focus on being visible and gaining more recognition because their idea needs to have broad applicability to meet the needs of many people.
A startup company typically possesses the following characteristics:
1. Introducing a new innovation.
2. Emphasizes teamwork.
3. Operates in a state of uncertainty, with a high probability of failure.
4. Has the potential for business expansion.
Newly established companies, especially startups, often seek financial support while simultaneously aiming to create competitive advantages over their competitors. Therefore, these companies work on marketing and establishing a cohesive sales network to create a suitable environment for their business. However, investing in startups comes with inherent risks. Some successful Iranian startups includimg Digikala, Aparat, Takhfifan, Snapp, and Jabinja. Khobre Mihan Company, an experienced company, is proud to have been involved in the field of supplying corrugated carton box packaging alongside many Iranian startups. We continue to provide our corrugated cartons and packaging services, and we invite all individuals with innovative and creative ideas in the packaging industry to collaborate with us.
