Home featured Sam Bashiry, founder of Broadband Solutions Featured Startup Featured 15 years ago, I built a startup – Here’s how I’d do it differently Sam Bashiry February 20, 2020 A decade and a half ago when I built my first company, the word “startup” was practically unheard of in Australia. When we talked about entrepreneurship, it was people starting small businesses or service based companies; and there’s nothing wrong with that. That’s been the backbone of the economy for decades, particularly for migrant families and migrant entrepreneurs making their way in a new country. But technology has changed that entirely. Today, startups are the buzzword, and tech startups are all over the media, with billionaire founders becoming the new rockstars. I’ve learned a huge amount building my startup into a nationally recognised company with turnovers in the millions, but looking back on it now, here’s how I would do it differently in a world where startups aren’t an all new concept. Plan long term for your cashflow and be lean This isn’t something I’d do differently – it’s something I would do every single time. The market is unpredictable. Just because people are rushing to fund and invest in startups right now, doesn’t mean they’ll have that same confidence in a year’s time. And a year might seem long, but it can go in the blink of an eye when you’re head down and building a company. The best advice I could give anyone starting now, is to stay
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