What are some great reasons to start a startup?

Replies

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  Ankita Katdare

  It will be great to get some replies here.
  Tagging #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-#
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  Sarathkumar Chandrasekaran

  Following are the reasons that may be the driving force to start a startup:
  1) Be answerable to you and yourself.
  2) Only if you are interested in becoming a employer and not a employee
  3) If you have guts to take risk
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  Guneet Khanuja

  #-Link-Snipped-# you mentioned most of the reasons.
  
  Few more:
  1. Maybe if someone has the zeal to change the world.
  2. If the individual has an interest in innovation.
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  Anoop Kumar

  Apart from money..
  Encountered a problem, which solution doesn't exist or the existing one is lame. So why not provide a 100% solution.
  
  Example: Flickr is no doubt is largest and oldest one but you can't sell your work. But with 500Px/ShutterFlock you can sell your work along with great photo-sharing. But it still missing community feature.
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  Ankita Katdare

  Here's a weird one!
  
  Does the idea of "revenge" count as a great reason to start a startup? For example, if someone tells you - "You are good at nothing!" or "Do you still earn xxx amount?" or "Why couldn't you go on-site like your cousin?"
  
  to shut all that noise up and prove that you are here to do much more than just be lame, you start a start up!
  That's a pretty good revenge for people who don't believe in you. 😁
  What do you guys think?
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  Sarathkumar Chandrasekaran

  Ankita Katdare

  Here's a weird one!
  
  Does the idea of "revenge" count as a great reason to start a startup? For example, if someone tells you - "You are good at nothing!" or "Do you still earn xxx amount?" or "Why couldn't you go on-site like your cousin?"
  
  to shut all that noise up and prove that you are here to do much more than just be lame, you start a start up!
  That's a pretty good revenge for people who don't believe in you. 😁
  What do you guys think?

  This one recalls most of old films especially Rajni films where hero starts a startup and ends as a millionare but how much it is true and motivating?
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  Ramani Aswath

  C.Balagopal IAS was a civil servant. In 1984 he decided that he would rather start up a business in the little known field of biomedical technology than be a bureaucrat. He took the technology for flexible blood bags from Sree Chitra Tirunal Institute in Trivandrum in 1986. In a little more than twenty five years he made this totally indigenous technology into the world's third largest blood bag facility by sheer hard work and stick-to-itiveness. I am proud to have been part of this, though it has been back breaking work.
  Balagopal's brush with bureaucracy is extremely well recounted in his just published book:'On a Clear Day You can see India'. Most of the incidents were known to me long back.
  #-Link-Snipped-#
  
  It is amazing what a non technical person can achieve in a multidisciplinary engineering field.
  
  The second start up I am involved with is the Cardiac Design Labs, the dream child of SeaBiscuit, one of our own CEans.
  #-Link-Snipped-#
  
  Deatils of the product MIRCAM can be found under Projects. He was a successful senior executive in the IT field. Bored by the routine he decided to strike out into the unknown and jumped into the Biomedical field for the emerging Telemedical Technology. This is still in the start up stage with clinical trials ongoing. Anand has done a great job from a concept to a wearble, intelligent remote cardiac monitoring system with a builtin expert system.
  Great tenacity at difficult odds. May he succeed!
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  Manish Goyal

  For me
  
  1: To become a king of your own time. With your start up, you get to decide your work schedule.
  
  Along with this I had realized with a 9-5 hrs job, one can only fulfill his basic needs, it is only though business one can meet his dreams.
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  Kaustubh Katdare

  The reasons may differ for every entrepreneur. For some, it's pure need and for some it may just be a way of life. If entrepreneurship is considered beyond the boundaries of business, it's something that has changed the world for ages. Entrepreneurship gives you an opportunity to make the things better or do the things the way you want.