Startup Technology Guide: Checklist for Success


Among the Top 20 reasons startups fail in the short-term are reasons such as running out of money, pricing and cost issues, poor product, and not using advisors (CBInsights). A reason for failure in the long-term is impatience and a short-term view.
Often, a startup starts around a single idea, but it has the potential to grow into much more than that. The technological systems and processes of a startup must follow suit for long-term success. Unfortunately, it’s often hard to build sustainable technology systems that ensure efficiency and data security in the long run – especially for startups whose core competency is not software – development. Moreover, it's often a necessity to get technology right the first time – whether it's the actual startup product or the back-office administration technology. Working technology is by now a consumer expectation, and if technology fails it may be hard to gain consumer trust again.

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