StartUp

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Startup

    Startup is one of the popular businesses in Cambodia recently, thanks to many supports from big companies, many young people tend to catch it. There are 3 main reasons to this thought. First of all, possibility to earn plentiful of money, as the technology is growing adult with their business idea can join a competition which are held by various companies. If they are the champion, they will be supported and start to grow business. In this case, startup team can also raise fund from outside investor. Moreover, if the products or service attract many of customers, the financial net will rise significantly. For instance, Grail, a medical and healthcare startup which come up with the solution to diagnose cancer related problem at an early stage and now its funding is $1.6 billion. Secondly, social help contribution, some startup have solved many society problems including traveling, education or healthcare. For example, before we had Moto Dub or Tuk Tuk. It was difficult to find them on the road or sometimes they make the price higher than usual but now we have PassApp which we can order the ride via mobile phone and it is faster. Finally, the network and personalization, Startups deliver their products and services with a personal touch. This creates a uniquely personal experience for their customers. Startups also take time to study and understand their customers along with business requirements. This allows them to build lasting relationships with specific offerings and responsive solutions. Although there are many more benefits, three mentioned reasons are good for youth to consider on startup.
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By TSP

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