Fintech Startups Are Changing Entrepreneurship Rules

Fintech Disruptors Are Changing Entrepreneurship Rules. Entrepreneurship is a zero-sum game, not all start-ups manage to see the bright shinning sun of the fifth year of survival emerge. The reasons being:

  • Not everyone fights long enough to reach the last ladder. It is more of a patience and potential test.
  • CEO’s with a good track record are mostly backed. Therefore, for the beginners, startups are challenging and exhausting.
  • Those who sidetrack innovation find it hard to make it.

However, with businesses like Uber, Airbnb, and Amazon creating havoc in the marketing world, there is hope for others. And Fintech startups have decided to jump into the battlefield! The way capital is accessed, finances are managed, and future investments are made will be revamped and change forever.

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Let’s make life easier for the startup founders by looking how fintech disruptions will make accession of capital easy.

Get Hold of Surfacing Currencies to Fund Growth

Bitcoin enthusiasm has although died down, there are other digital currencies available for those who are willing to take a risk and bear few losses.

Stepping Up Innovations in Cryptocurrency Crowdfunding

Initial Coin Offering had to encounter few hurdles, many other options are springing up to offer the assurance of investments. Tokens that were offered caused people losses due to their detachment from parent business. A more secure and profitable option is Blockhive’s Initial Loan Procurement.

Think Long Term and of Value

The more you run for short-term successes, the more you are bound to fail. Think long-term so that you continue to grow.

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Fueling Platforms

Kickstarter is an appealing platform where your initial customers fund the initial running of the products through fully funded preorders. This is how you make your mark by proving your idea to be a viable one and by circumventing any losses.

Large Banks Are on The Watch

The large banks sit on the side but watch your every move clearly. They are aware of the trends and products that quickly win over consumers. They are ready to round the clock to gobble down successful startups and launch their own linchpin products. They quickly pick up the innovative and trendy businesses and merge with them to stand out from rest of the crowd.

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The entrepreneurs will find numerous roads to walk on during their search for startup capital. Whether they choose to stick by conventional methods, which are risky and not very fruitful or give a jolt to their inventiveness by leveraging crowdfunding or university resources. The fintech space provides an exciting model for startups to launch and stir the industry.

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Kamil Arli Koch is a tech journalist based in Germany. He is Fintech Reporter for TheOofy and covers stories about European fintech companies and EU fintech regulations. He was the editor of Digital Review, a tech trends magazine awarded as one of the best tech influencer brans of USA.  He has worked as Social Media Coordinator of Business Life. He has also worked as media expert for research institutions. You can reach him at kamil@theoofy.com. Linkedin: https://www.linkedin.com/in/kamil-arl%C4%B1-52102714b/ Twitter: twitter.com/kamilarli TheOofy.com/author/kamilarli