As a serial entrepreneur and creator of Timez5, Nader Sabry has had his fair share of experience in the startup ecosystems around the world. Here he gives his four reasons why startups should be looking to work together.
Startups by nature are ambitious, driven by rebellion, aspiration and thrust. As part of the struggle for success most startups aim for big targets. Big customers, big suppliers, and big partners to make their big opportunities happen.
However, the really big opportunity is much smaller than you think, and much closer to home: it’s the ‘S2S (startup to startup) economy’.
Startups have a great advantage over big players and that’s agility and flexibility. However, if a startup doesn’t optimize their collaboration chain, the working of startups together, it could work against them.
Here is a list of what I see as the key advantages a startup has over a corporation when it comes to S2S:
- Willingness to take action
An appreciation for urgency, accuracy, and fulfilment. The thicker the decision-making cake is at an organization, the longer and more costly it becomes to acquire any form of collaboration. Startups don’t have this barrier, and can utilize each other’s willingness to take action.
Original article by Nader Sabry
Continue reading at Wamda:
Four reasons why a startup-to-startup economy works
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