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10 Interesting Startups to Watch Out For This Year

10 Interesting Startups to Watch Out For This Year

Startups have amassed huge popularity in the past decade. Everyone dreams of launching a startup on their own. A mindboggling 100 million startups are launched annually, according to figures in the GEM Global Report.

The majority of them perish without having any impact. Only a few make it to the coveted upper echelons of the business world. Here are 10 very interesting startups to look forward to in 2016.

1. Brigade

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    Founded by Sean Parker (cofounder of Napster) and Matt Mahan, Brigade aims to encourage users to understand civic issues and seek reform.

    The mission of the company, according to Mahan, is “to empower people in their civic life and to have influence over the direction their society goes in by having them articulate and identify where they stand on issues, uncover alignment with friends, get organized into groups of like-minded people and ultimately act collectively to shape the policies that affect their lives.”

    Last November, the company launched interactive ballot guides in San Francisco and Manchester, New Hampshire to educate voters about ballot initiatives and candidates.

    With the presidential battle heating up for this year’s ultimate showdown in November, this political app will definitely garner more users.

    2. Operator

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      Gone are the days of traditional shopping when we used to hop from one store to another, painfully searching for things to buy. Thanks to plenty of well designed e-commerce sites and business apps, we can shop easily from our own homes.

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      However, online shopping can still be tedious because of the overwhelming amount of options it offers. The Operator app intends to take the painful part out of your shopping.

      You simply text what you need to find and within no time a person begins working on your request to present you the best options.

      Started by Uber cofounder Garrett Camp and former Zynga executive Robin Chan, this app is currently only available for the iPhone.

      3. Nextbit

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        The Nextbit Robin, dubbed the only cloud-first smartphone, is one of the most awaited phones of this year. The phone garnered an astonishing $1.3 million in 30 days from its Kickstarter campaign.

        Robin comes with: a 5.2-inch 1080p touchscreen, Qualcomm’s Snapdragon 808 chipset at the helm, 3GB of RAM, a 13 MP rear camera with face detection, autofocus and dual-LED flash; a 5 MP selfie snapper, a USB Type-C port, Wi-Fi, Bluetooth; NFC, GPS, and a 2,680 mAh battery.

        What makes it different than other smartphones in the market is that it backs everything into the cloud. With the purchase of this smartphone, you get 32 GB built-in storage and an additional 100 GB of cloud storage.

        When the internal memory starts filling up, the phone uploads your inactive data, apps and media to the cloud, and deletes them from your phone. So, when you need this inactive stuff, you can easily get it back.

        Nextbit is the brainchild of Tom Moss, former head of Android business development, and Mike Chan, former head of Android power management.

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        4. Distrokid

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          Last August, the hip hop group Jack & Jack hit No. 12 on Billboard Top 200, the first time for an indie music group. On top of that, they kept 100% of their sales and streaming royalties.

          This was made possible by Distrokid – a music distribution service started by entrepreneur Philip Kaplan. Artists who want to sell music on platforms like iTunes need to be signed by a record label, or go through a distributor like Distrokid. It allows you to get your music to iTunes, Amazon, Spotify and 100+ other stores.

          For a small fee of $19.99, Distrokid allows you to upload unlimited albums and songs for a year. Furthermore, it takes no royalties on the sales you have made. Thus, it is very useful for indie artists without a record label who want to get their music to listeners.

          5. Magic Leap

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            Augmented reality has caught the attention of the world for some time. Unlike virtual reality which replaces the real world with simulated one, in augmented reality, computer generated images are layered on top of the real world.

            Magic Leap, founded by Rony Abovitz, is one promising startup working in the field of augmented reality. It recently raised $793.5 million in new funding in what might be the largest “C” round in Internet history.

            Magic Leap may not have made any product available for public consumption, but it definitely has plenty of resources to usher us into an era of augmented reality in the near future.

            6. 3Scan

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              3Scan has undertaken the task of revolutionizing the field of anatomic pathology by changing the way doctors, biotech companies and researchers study tissue. The company has transferred the task of analyzing cells and tissues from analog to digital technology.

              3Scan uses its patented “Knife Edge Scanning Microscope” (KESM) to generate 2D and 3D models of tissues. 3Scan’s technology is very effective in applications requiring high throughput of a large volume of samples. It also provides data processing software to model 3D tissue reconstructions, provide interactive image views and apply quantitative analytics.

              7. Zeek

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                What do you do when you get a gift card that you are unlikely to use? You’ll probably keep it, hoping it might come of use someday. Wouldn’t it be lovely if you could just get cash in exchange for the card? The founders of Zeek thought so.

                Zeek is a mobile and web based platform that allows users to sell their gift vouchers for cash. In addition, it allows you to purchase, at a discount, gift cards to stores from which you are more likely to buy.

                The market for unused gift cards is huge. It is estimated that around $450 million worth of gift cards go unredeemed each year in the U.K. alone. Zeek intends to penetrate this market and expand its service to other European countries in near future.

                8. Luxe Valet

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                  Parking your vehicle can be tough and exhausting if you live in a city. Luxe Valet, founded in 2013 by Curtis Lee and Criag Martin, can relieve this problem for you.

                  This smartphone app-based service lets you call one of their valets when you need to park your vehicle. For a small fee, the company’s valet will take your car and park it in one of their parking lots. They will even get your car washed or refueled if you want them to do so.

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                  First started at San Francisco, Luxe Valet has expanded its service to seven major U.S. cities.

                  9. Mobcrush

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                    Mobile gaming has carved out a big share in the global gaming market. As more powerful phones get introduced, mobile games are becoming increasingly sophisticated. With this in mind, Royce Disney has come up with Mobcrush, a platform for live streaming of mobile games.

                    Mobcrush enables users to broadcast, watch and chat about games played and streamed in real-time. Similar PC based live streaming platforms, such as Twitch, were bought for almost $1 billion by Amazon last year. And, Mobcrush has shown potential as it has already raised $15 million from various investors.

                    10. Fuse

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                      If you are an app designer or a developer, watch out for Fuse. Fuse is a UX tool suite that helps you create beautiful, smoothly animated user experience in native mobile apps. This app comes with visual tools that facilitate the collaboration between designers and developers.

                      It allows you to create, edit and preview your app in real-time on multiple devices simultaneously. Founded by a group of experienced designers, Fuse has received funding from Northzone and Alliance Ventures.

                      Featured photo credit: Flickr via farm9.staticflickr.com

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                      Nabin Paudyal

                      Co-Founder, Siplikan Media Group

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                      Last Updated on March 12, 2019

                      20 Inspiring Vision Statement Examples (2019 Updated)

                      20 Inspiring Vision Statement Examples (2019 Updated)

                      There is normally a lengthy list of things you need to consider when starting a business, and if you don’t manage them properly, your excitement can quickly turn into overwhelm. What can support you to stay inspired and on the right track when starting out? You guessed it: this is your vision statement.

                      What Is a Vision Statement?

                      A vision statement is like a photograph of your future business, which gives your business shape and direction.

                      A vision statement provides the direction and describes what the founder wants the organization to achieve in the future; it’s more about the “what” of a business. It is different from a mission statement, which describes the purpose of an organization and more about the “how” of a business.

                      If you were to take a photo of your future business now, what would it look like? What do you want your business to be recognized for one day?

                      You need to have a crystal clear vision when you start out, otherwise you can get easily lost in deciding the best way forward. When you are making strategic decisions for your business and even daily operation decisions, your vision statement will give you the inspiration and targeted direction you need.

                      The Importance of a Vision Statement

                      Without a vision statement, your business will lack motivation to keep going.

                      If you don’t aim for anything, you might not hit anything. The more specific and clear you are, the better your chances are at seeing your vision turn into reality.

                      The importance of a vision statement cannot be overlooked; not only does it provide long term direction and guidance, but it also gives you the inspiration and the necessary energy to keep going when you feel lost.

                      Always keep your vision statement alive by revisiting it regularly and communicating your vision with other members of the team, to inspire and motivate them as well.

                      How to Craft an Inspiring Vision Statement

                      1. Dream big and use clear language

                      An inspiring vision statement should inform a clear direction and priorities for the organization, while challenging all the team members to grow together. Based on our expert sources’ advice, we’ve got some great tips for you:

                      • Imagine how you want the business to be like in five to ten years.
                      • Infuse the business’ values in the statement.
                      • Make sure that the statement is implying a clear focus for the business.
                      • Write your vision statement in the present tense.
                      • Use clear and concise language.
                      • Ensure the statement is easily understood.

                      There are many different types of vision statements and there is no wrong or right way to do it. The most important thing is to resonate with it. It will always inspire you and give you a clear targeted direction.

                      2. Get inspirations from the successful companies.

                      Having researched on a number of successful companies’ vision statements, I’ve shortlisted 20 good examples for the new startups:

                      Short vision statements made up of a few words only:

                      1. Disney

                      To make people happy.

                      2. Oxfam

                      A just world without poverty.

                      3. Ikea

                      To create a better every day life for the many people.

                      Quantitative statements are based on numbers, quantities:

                      4. Microsoft

                      Empower every person and every organization on the planet to achieve more.

                        5. Nike

                        Bring inspiration and innovation to every athlete* in the world. (*If you have a body, you are an athlete.)

                          Qualitative statements are based on qualities that you want to have:

                          6. Ford

                          People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.

                          7. Avon

                          To be the company that best understands and satisfies the product, service and self-fulfillment needs of women—globally.

                          Competitor based statements – this type is becoming less common, but famous examples are:

                          8. Honda – in 1970

                          We will destroy Yamaha.

                          9. Nike – in 1960s

                          Crush Adidas.

                            10. Philip Morris – in 1950s

                            Knock off RJR as the number one tobacco  company in the world.

                            Role Model Vision Statements – using another company as an example:

                            11. Stanford University – in the past

                            To become the Harvard of the West.

                            12. Reach for Success – in the past

                            To become the next Tony Robbins in self development.

                            Internal Transformations vision statements:

                            13. Apple

                            To produce high-quality, low cost, easy to use products that incorporate high technology for the individual.

                            14. Giro Sport Design

                            To make sure that riding is the best part of a great life.

                            15. Tesla

                            To accelerate the world’s transition to sustainable energy.

                            16. Sony

                            To be a company that inspires and fulfills your curiosity.

                            17. Facebook

                            To give people the power to share and make the world more open and connected.

                              Longer and more detailed vision statement:

                              18. Walmart

                              To give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.

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                              19. Coca Cola

                              To achieve sustainable growth, we have established a vision with clear goals:

                              Profit: Maximizing return to share owners while being mindful of our overall responsibilities.

                              People: Being a great place to work where people are inspired to be the best they can be.

                              Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples; desires and needs.

                              Partners: Nurturing a winning network of partners and building mutual loyalty.

                              Planet: Being a responsible global citizen that makes a difference.

                                20. Heinz

                                Our VISION, quite simply, is to be: “The World’s Premier Food Company, Offering Nutritious, Superior Tasting Foods To People Everywhere.” Being the premier food company does not mean being the biggest but it does mean being the best in terms of consumer value, customer service, employee talent, and consistent and predictable growth.

                                The Bottom Line

                                Remember, always keep your vision statement up-to-date to direct your company’s actions.

                                Remember, once you reach your vision, it needs to be changed. General Motors overtook Ford as #1 automotive company in the world because once Ford’s goal was reached, they never updated it.

                                Keep your vision statement alive and visibly in front of you, revisit it and let it help direct your actions and activities. This is the fun part: this is where you get to dream really big and allow your imagination to fly as high as you want.

                                Don’t hold back, let your creative juices flow and give yourself permission to explore what is possible for your business.

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                                To your success!

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