Unfinished Business - Struggles of a Startup

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Warning:

Movie contains explicit scenes that some may find disturbing. Usage of the film on this blog is for analogy use only.

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Starting from scratch, hiring people with dubious background, running the extra mile to get the “shake hand” with a client is just some of the scenes one can see on the “Unfinished business” movie. Yes, its a fiction movie but the plot is a fact to at least one venture: a startup business. Most aspects of a startup, as very well laid out in the movie (except the R rated scenes) are as follows.

FROM SCRATCH

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Every startup business starts from an idea. A vision of some sort. Some starts in both passion and an idea. Idea of what makes their startup unique among the crowd. What do they offer that no one else has done before. But to start, they need to start from the bottom; from scratch. And as the term suggest, startup usually start with no established client base, no earned capital and certainly no stock options. This is usually achieve with a capital coming from their own pockets, friends or funding from venture capitalists.

CLIENT WOES

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So first things first. Most startups were built with a client base in mind. And they need to get one fast! Why? Because money is everything! And money is running out fast too. With most of the expenses coming from their own pockets or business loans from banks, time and money is a startup’s biggest enemy. They need to see that their company has a promising future in the soonest possible time and that is attained by having a client.

BUDGET WOES

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With a prospective client in mind, a startup must function well under a tight budget. With a timeframe of ROI (Return of investment), startups usually operate in an austere budget. Its a business after all and you don’t want to end up expending more than what you have earned.

MAKE OR BREAK

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Even when one finds a promising client to work with, it is still hanging in the balance as probably not only you will be in the picture but several other business ventures eyeing to catch the client’s “Yes!”. This can be the “waiting game” or to put one’s edge a little further, a time to even prove one’s intentions more to the client. This is where one can go the extra mile more than the other business entity with the same service

CHEERS!

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And so the much awaited “Yes!” has come. Cheers! :) Thus begins the journey of a startup company from having to start from scratch to getting its first client.