From the idea to the start-up advice

Start Up's - The Generation Future

A start-up - what is it anyway?

Start-ups are newly founded companies that are currently in the first phase of existence as a company. The focus of a start-up is usually an imaginative idea with a lot of potential. It is up to the founders and their employees whether this potential is tapped later and to what extent the idea is successfully implemented. And it is precisely this growth potential that defines a start-up and distinguishes it from a new café or the new grocery store around the corner. But caution is advised, with a start-up the line between success and loss is often fine.

What to pay attention to?

So that your start-up has a chance to prove itself in the wide world of start-ups, you should consider a few things.

  • For the first time you need an unusual idea with a lot of growth potential
  • The be-all and end-all of any start-up is an elaborated and well thought-out business plan
  • Make sure you have enough capital available.
    Tip: Use investors, business angels or venture capital

What should I do with my start-up?

If you are just starting to implement the idea in your head and start a company, it is often risky to rent office space directly. If the company should then fail, you have to adhere to the notice period and also have ongoing costs. For this reason, coworking spaces are particularly popular for start-ups. Here you can flexibly rent different workplaces on a daily, weekly or monthly basis and sit in a large, open office. The advantage of coworking places is also that you can share your workspace with many other coworkers and thus exchange ideas.

What else should I consider?

  • The naming
    When naming your company, make sure that it is unique and memorable. In addition, one should recognize from the name what kind of company it is.
  • The present tense
    It is particularly important to be present when setting up a new company or a start-up. Above all, use the websites and portals such as Facebook and Xing to achieve a certain reach for your company.
  • Start-up competitions
    Take part in start-up competitions. These will help you to develop and improve the concept of your business start-up. In addition, these are a good opportunity to get to know possible sponsors and donors.
  • communication
    Exchange yourself! Start-up meetings or contact with other start-ups can be very helpful. Here you can collect new ideas or ask other founders for advice if you get stuck or are looking for alternative solutions.

So that you can really get started with your start-up, you also need to draw up a well-thought-out business plan. However, starting a business is not always easy. Be steadfast and persistent. If you are convinced of your idea, you shouldn't let small setbacks get you down. Every beginning is difficult!

The TOP conference team wishes you every success with your start-up!