A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential. Some startups become unicorns; that is privately held startup companies valued at over US$1 billion.
Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by some estimates, three years or longer), and hence sustaining effort is required. Over the long term, sustaining effort is especially challenging because of the high failure rates and uncertain outcomes. Having a business plan in place outlines what to do and how to plan and achieve an idea in the future. Typically, these plans outline the first 3 to 5 years of your business strategy.
Models behind startups presenting as ventures are usually associated with design science. Design science uses design principles considered to be a coherent set of normative ideas and propositions to design and construct the company's backbone. For example, one of the initial design principles is "affordable loss".
For many people, there’s nothing more rejuvenating than quality time out on the beach. If you are lucky enough to find a tranquil spot, the level of relaxation you’ll enjoy is almost unmatched. And if you’re a lover of the chaos that’s commonplace in popular beaches, the summer and spring must be your favorite periods in the year.
In recent times, the aviation industry has come under heavy scrutiny from environmental activists. Although airplanes contribute an estimated 2% of global greenhouse gas emissions, there are still concerns that the industry is not doing enough to make flying more sustainable. The bird of prey concept plane recently unveiled by European Airplane Manufacturers, Airbus, reveals a bold attempt to address some of the sustainability issues facing the aviation industry.
High-speed car chases can be dangerous, but they might finally come to a quick end thanks to a new device called the Grappler Police Bumper. The Grappler mounts to the front of police pursuit cars. It is deployed by the push of a button and ends a car chase right in its tracks, safely and securely. It shoots out a “Y” shaped heavy duty net, which is maneuvered under the rear tire of the fleeing vehicle. The net wraps around the rear wheel and axle of the suspect’s vehicle, and brings it to a stop while destroying the tire.
The Door Blaster by Holmatro offers a quieter, safer alternative to explosives. This new type of door opener works as fast as explosives, without the disadvantage of flying debris. Quick installation and noiseless remote activation within seconds make the Holmatro Door Blaster extremely suitable for use in stealth operations. Connected to a pump in a practical backpack, the tool can be carried, installed and operated by a single person.
Translating to wingless flight in Greek, the new eco-friendly supercar, Aptera, arrives in 2021 and is going to change the game for green cars completely! It is not a hybrid. It’s not just a run-of-the-mill electric car. It is a solar-powered super vehicle that, for some, may never require a full charge. Aptera is driving right towards the future on a 1,000-mile range that is powered by the sun.
With the current advancements in science and technology, it’s safe to say that ‘everything is no longer the same’. Even if there are exceptions to this statement, a strong case can be made for suitcases. Suitcases are no longer just suitcases and this is best exemplified by the Airwheel SE3 Smart Suitcase. It’s part suitcase, part scooter, part power bank, and a bit of everything else.
For cyclists who don’t want to stop at the water’s edge, a new solution is now available. It’s called the Shuttle Bike, and it’s quite the add-on to your normal road or mountain bike. It is basically a portable assembly kit that converts your regular bicycle into a water bike / pedal boat letting you cross rivers and lakes. It is manufactured by SBK Engineering Srl in Vigevano (PV), originally designed by Roberto Siviero.
With the worldwide rise in demand for smaller, less gas intensive vehicles, companies are seeking to create vehicles with a smaller environmental footprint that still permit maximum operation, safety, and comfort for their drivers. Small vehicle development has picked up a lot of ground, with a wide variety of products constantly flowing into the market. They are of course not all created equal. Many suffer from shortcomings in terms of charge, range, and stability. Some even suffer from a deficient visual appeal. Mostly, such brands have also been limited by the distribution area.
In the modern world, it has become a concern of many that the more we enjoy the bodies of water around us — lakes, rivers, oceans — the more harm we can end up doing. A new international startup, HydroFlyer, aims to change all that with their new hybrid watercraft of the same name.
There are three engineers in a car; an electrical engineer, a chemical engineer and an Microsoft engineer. Suddenly the car just stops by the side of the road, and the three engineers look at each other wondering what could be wrong.
The electrical engineer suggests stripping down the electronics of the car and trying to trace where a fault might have occurred.
The chemical engineer, not knowing much about cars, suggests that maybe the fuel is becoming emulsified and getting blocked somewhere.
Then, the Microsoft engineer, not knowing much about anything, comes up with a suggestion, "Why don't we close all the windows, get out, get back in, open the windows again, and maybe it'll work!?"