When a business is starting to make money, you might wonder if you’re a rising start-up. While this may seem counterintuitive, there are many advantages of working for a start-up. In general, they are less expensive and easier to build than large companies. Besides, you’ll be able to enjoy more freedom than you might otherwise get. And, they might even be more fun!
To understand whether you’re a rising start-up, consider your own role in the organisation’s history. If you’re new to entrepreneurship, you might feel overwhelmed by the task at hand. That’s why it’s best to work with people who have experience in the same industry. While data warehouses are beneficial for large organisations, they’re not right for everyone. Those who aren’t familiar with the process should look into Google Sheets as an alternative. You can import almost anything into Google Sheets through various plugins.
The definition of a startup is a combination of feelings. You have a sense of excitement and a nagging doubt that you’re about to face the biggest challenge of your career. As Cynthia Johnson, Co-Founder and CEO of Bell + Ivy, says, “the best startups are the ones that are prototyping an idea, not launching it into a product.”
The rise of start-ups in India is not a recent phenomenon. It happened gradually. India’s youth aren’t afraid to leave 9-to-5 jobs. They’re ready to take on powerful leadership roles. For this reason, it’s imperative that a startup’s culture allows employees to express themselves. When people are empowered to voice their opinions, they’re more likely to give their best. A strong workplace culture determines whether or not a startup succeeds.
While Portugal’s entrepreneurial sector has been receiving a lot of attention as an emerging geo-player, the perspectives on the employment opportunities in Portugal are relatively scarce. It has also received increased support from European associations such as the Startup Europe Partnership and Startup Genome, a start-up industry association. Hence, the country is emerging as a major player in the start-up scene. In fact, it has become the most prominent country in Europe’s start-up community, despite its lack of a traditional start-up culture.
During the early stages, a startup’s founders may be looking for exits or an IPO. Having worked hard to create a business, they may want to reap the rewards of their efforts. Some may not have gone through the initial stages of startup lifecycle (Series A), or the subsequent years of phenomenal growth. Thus, they decide to take cash out in the form of exit. But how does a startup raise funds?
Blink is an example of a rising start-up. The company offers a technology platform for non-office workers to access their companies’ resources and collaborate with other companies. Blink also handles the integration process for the customer companies. Following the launch of its app in 2018, it has rapidly landed new customers. And it recently raised $20 million in a Series A round led by Next47. It has received $30 million in funding overall.