Expansion. With more money comes more growth. Bringing in funds from outside of the country aids greater development and attention from the world. For example, in Estonia, the startup revolution that started some 5 years ago has spurred investments in an industry that was unbeknownst to most in the region. A mere 24 years ago, this small Eastern European country broke apart from the Soviet Union and started from scratch. Literally. Wise decisions and technology then gave birth to global success stories, such as Kazaa and Skype, further boosting the country to be the world leader in e-governance and cyber security.
Population Increase. Now, let’s be clear, startups obviously don’t make babies, but they do foster a stable economy, which allows for achievement of items higher on our hierarchy of needs. As such, diversity was on the rise after World War II. With peace and a more stable economy, America was blessed with a very “fertile” landscape. When the men came home from overseas and the economy was booming, so were babies, hence the “baby boomers.” A larger population leads to greater diversity, thus, advanced innovation, just as the case in the 1970’s to the 1990’s – the most productive years of the boomer generation – when the country saw great advancements, especially in the field of technology.
Education. With a rising population, educating the masses is key. A major component of a civilized and progressive society is more paths for education and being a productive cog in the machine of society. Most every school has its core subjects, but when you have those select few schools with specialized courses developed by thought leaders, students are exposed to more culturally-relevant subjects, such as, but not limited to, the business of music, sports technology and software testing.
Quality of Life. Now, when these extraordinary characteristics come together in a melting pot, it results in the most ideal of situations. Being able to control your financial future, give your family a comfortable life and help the community succeed, our intrinsic response is a feeling of accomplishment and peace – the ultimate high.
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I would love to hear your thoughts on startups and growth. Tweet me: @missshaziya