Are Startup Businesses in Indonesia Still Tempting?
Posted: Wed Jan 22, 2025 10:11 am
In recent years, the trend of startup businesses in Indonesia has been on the rise. Starting from startups that are "ordinary" to large ones such as transportation service companies and also e-commerce .
Unfortunately, not all startups can run well and eventually grow into big companies. Because of mismanagement, not getting additional investors, and being wrong from the start, they eventually go bankrupt.
The Indonesian government itself continues to encourage list of henan cell phone numbers start-up companies to develop well. Even MSME businesses that initially had a small scope are supported to continue to want to innovate.
Various seminars and incubation activities continue to be intensified. The government and private institutions have been encouraging this in the last five years to create start-up companies in various fields, not only in the media and trade sectors.
Now, the question is, is the startup business in Indonesia still tempting for many people, especially investors? Then what makes a startup continue to grow or even stagnate slowly.
Is it true that many startups are run by people who are just “following the crowd” and do not have a clear vision and mission, so that the number of successful startup company owners is much smaller?
Understanding Startups and Their Criteria
Startup is a term for a company that has just been created. Generally, a new company is started from scratch by one or several people and will experience development over time.
Over time, the definition of startup has changed. Now, this company is not interpreted as something new. However, as a company that provides disruption or something new in society. The change is positive and helps life.
Can all businesses be called startups ? The answer is of course no. For example, you are creating a food PO business. If the size is small, it is not called a startup , but more of a micro business.
Startups have several criteria that are generally always present and continue to develop. Here are some of the criteria:
Unfortunately, not all startups can run well and eventually grow into big companies. Because of mismanagement, not getting additional investors, and being wrong from the start, they eventually go bankrupt.
The Indonesian government itself continues to encourage list of henan cell phone numbers start-up companies to develop well. Even MSME businesses that initially had a small scope are supported to continue to want to innovate.
Various seminars and incubation activities continue to be intensified. The government and private institutions have been encouraging this in the last five years to create start-up companies in various fields, not only in the media and trade sectors.
Now, the question is, is the startup business in Indonesia still tempting for many people, especially investors? Then what makes a startup continue to grow or even stagnate slowly.
Is it true that many startups are run by people who are just “following the crowd” and do not have a clear vision and mission, so that the number of successful startup company owners is much smaller?
Understanding Startups and Their Criteria
Startup is a term for a company that has just been created. Generally, a new company is started from scratch by one or several people and will experience development over time.
Over time, the definition of startup has changed. Now, this company is not interpreted as something new. However, as a company that provides disruption or something new in society. The change is positive and helps life.
Can all businesses be called startups ? The answer is of course no. For example, you are creating a food PO business. If the size is small, it is not called a startup , but more of a micro business.
Startups have several criteria that are generally always present and continue to develop. Here are some of the criteria: