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The New Economy And The Demise Of Startups – How To Protect Yourself

The last twenty years have been really interesting. Much has changed, or taken shape with technology and digital lifestyles. The innovation that has taken place has been truly groundbreaking. I don’t want to leave you heartbroken, there is news.

The End

The days of the startups will end. The period of innovation and mass drain on people’s finances has all taken serious performance hits. People need sure bets, they need stability, and staying power. The days of startups in today’s market place will begin to fade away.

From what I can see, last time I heard; 90% of startups these days will fail and go under. That is not a good statistic. The days of venture capital and unchecked funding will subside. There has to be a more sure fire, well backed plan in place. Most people can not afford the luxuries we already have, and the economy is not showing signs of getting better.

It’s unfortunate these situations has led to the problems we have today. In some ways, it sure was fun, and a lot of people were able to make some money from it. We do however have to get back to doing things correctly. There has to be some way to still innovate and create new, with the financial security and comfort of a solid foundation to work from.

We need to get back to having stable companies that do an honest days work, and do such very well. The point is: They have to be doing something really good, to the point; they do it better than everyone else.

My thoughts are, a lot of these startup companies will be scooped up by other larger companies, that are more profitable and will integrate their business models accordingly. You want to find rock solid companies to work for, those that have shown years of performance and healthy work environments.

The days of the free for all startup companies is closing quickly. Find somewhere that has serious stability and profits to take shelter from the storms. Many of the small startups will be bought up and either re-worked, or seriously scaled down in talent. There may be some hope, if you are very talented; that they will bring you on board.

You have to plan for a future that will be different. Most of what we are seeing today; is the crumbling of our fabric of society. Plan accordingly.

Overspecialize and your breed incompetence and weak skill sets. You need people that are good at doing everything very well, with a smile. The future is changing rapidly.

Work towards having a better foundation to work with.

Written by: Christopher Thomas, A Real Misfit!

Photo Credit: Photo by OSPAN ALI on Unsplash