Tomorrow…. even toddlers will open Startups

Yes, opening a startup is now a craze. Recently, I read this article “Evolving startup ecosystem, support from parents fuel under 22-year-old student-entrepreneurs in India”, a question came to my mind almost instantly, is it the quick money which is driving this or creative hunger? The answer I could think off was may be both, as most of you all would also agree. But there is catch to it. Is it enough to have just the creative hunger and quick money will follow. I would say a strong "No".

 Off course, it certainly fascinates to have one’s own Startup.  Thanks to the latest technology of Mobile Apps, Social Media and Internet awareness, it’s easy to open one nowadays. But one has to remember that there is another side to this. The side which is full of challenges for the firm to grow an idea, expand & sustain it against all market volatility. Though there is no hardline rule that startups can’t be open by 22 year old students or just college pass outs. Exceptions will always be there and we have seen some cases too. But can this be generalized to the extent that anyone and everyone can easily open a startup without having a proper work experience, understanding of the market, how to be a leader and most importantly matured overall experience which comes by age where only life teaches most of the lessons. Who will teach these young minds the art to accept, tolerate failures & persevere for success as not everybody will succeed instantly and surely. May be life itself but can this be again generalized to the extent of considering it to be a trend ? Again I would say, a strong "No".

The article mentions about Youngsters being better-positioned to work on newer technologies just because they are digital natives or have an advantage because they grew up with social media. It further states that: for venture capitalists, the added advantage is that these entrepreneurs come with little or no baggage. I do not agree with this perception. Talk to any serious venture capitalist and I am pretty sure he will have tons of conditions before he puts his money for risk, be it on a 22 year student entrepreneur or a seasoned, experienced guy just because he is digital native or has an advantage of growing up with social media”.

I personally fee, any such developments in the market scene is far from being called as a trend and I am sure this too will pass off like any other fad