Close
Exit

Want to launch your own tech startup, but not sure how? Here are five basic tips from StartupHouse programme director Inbaraj Suppiah.

1) Make products that people want
Sometimes, startup companies think they have brilliant ideas and people will use their app. But they don’t realise that these apps are already available or someone has done it but failed. So, do lots of market research and surveys to find out if people are interested in it. Then you’ll know what the users want and you can build something they need. Only then will your app be successful.

RELATED STORY: Five groups of aspiring techpreneurs receive three-month training at StartupHouse

2) Funding is not your source of income
When people want to make a cool app, they start looking for investors. Once they receive RM50,000 or RM100,000, they consider that an achievement. But that’s only your starting point. You still have to work hard to earn money and return it to the investors. So by right, your product should be the one generating money. That way, it’ll be a business and the app will be sustainable.

3) Have a business partner
It’s common to have at least two co-founders when you set up a company (investors prefer this). But there are people who are afraid that their partner might cheat them, so they choose to fly solo.
But at some point, you’ll realise that you can’t do everything on your own. Having a partner from day one is good for the business because you’ll have somebody to bounce off ideas with, and ultimately grow the business together.
If you find a partner after having already built something, it might get tricky because there’ll be some ownership issues between the founder and the partner.

RELATED STORY: Meet the teams at StartupHouse and the apps they’re working on

4) Don’t outsource your product
Try to build your own product because you might end up spending more money on product development and won’t have the flexibility of improving your product anytime you want.
Any modification or upgrade might cost extra. That’s why most investors prefer startup companies with their own in-house developer or tech partner so the money can be used for marketing and expansion instead. Based on my experience, investors prefer startup companies with at least one tech co-founder.

5) Be in touch with reality
A lot of people get into the startup scene because they read fairytale success stories from Silicon Valley, watch inspirational movies, and think they can create an app and instantly make tonnes of money. It’s different in reality, so keep your feet on the ground, expect some rough patches but don’t give up.

About

Our entertainment and celebrity news expert who happens to be disturbingly good at laser tag. Graduated with a degree in communications at 21 and went straight into the magazine business. She not only writes for R.AGE now, but also coordinates our long-running BRATs young journalist programme.

Tell us what you think!

BTW…

Championing children’s education

Education director-general Datuk Dr Habibah Abdul Rahim speaks on the importance of empathy-based education, the challenges of adapting education policies in light of the Covid-19 situation, and her “dream” education system.

Read more Like this post3

I lost my mother to the Japanese war

 Whenever Allied planes bombed Sandakan town as part of its campaign to liberate Borneo, Daniel Chin Tung Foh’s grandfather would rush the whole family into a bomb shelter behind their house.  During its heyday, the British North Borneo Company had developed Sandakan into a major commercial and trading hub for timber, as well as […]

Read more Like this post1

A witness to the Double Tenth revolt

 Chua Hock Yong was born in Singapore, but his grandfather moved the family to British North Borneo (now Sabah) to establish their business in 1939 when he was a year old.  The Japanese invaded Borneo shortly after, but the family continued living in their shophouse in Gaya Street, Jesselton, now known as Kota Kinabalu.  […]

Read more Like this post3

An encounter with victims of the Sandakan Death Marches

 When the Second World War came to Borneo, Pelabiu Akai’s mother moved the family back to their village in Nalapak, Ranau.  Although the Japanese were known to be ruthless and brutal conquerors, they left the villagers to their own devices and Pelabiu had a largely uneventful life – until she came across gaunt-looking Allied […]

Read more Like this post4

Sarawak’s only living child prisoner of war

 Jeli Abdullah’s mother died from labour complications after giving birth to him and his twin brother. To his Bisaya tribe, this was seen as a bad omen, and his father did not know what to do with the twins.  Fortunately, an Australian missionary couple decided to adopt the newborns. But misfortunate fell upon the […]

Read more Like this post3

Lest we forget

AFIO Rudi, 21, had never thought much about his grandfather Jeli Abdullah’s life story until an Australian TV programme interviewed the 79-year-old about being Sarawak’s last surviving World War II child prisoner of war (POW). The engineering student then realised that despite living in Sarawak all his life, he also didn’t know very much of […]

Read more Like this post5

A native uprising against Japanese forces

 Basar Paru, 95, was only a teenager when his village in the central highlands of Borneo was invaded by the Japanese Imperial army.  “The Japanese told us not to help the British. They said Asians should help each other because we have the same skin, same hair,” Basar recalled. “But we, the Lun Bawang […]

Read more Like this post2

Left behind in wartime chaos

 Kadazan native Anthony Labangka was 10 years old when the Japanese Imperial Army invaded Borneo during World War II.  Sitting in the verandah of a modern kampung house on a hot afternoon in Kampung Penampang Proper, where he has lived his whole life, Anthony recalls the hardships of the Japanese Occupation.  The villagers were […]

Read more Like this post2
Kajai R.AGE Wan Ifra Journalism Documentaries Digital Media Awards

R.AGE Audience Survey 2019 + Office Tour contest

Want to be in the running to meet R.AGE producers and journalists? Take part in our R.AGE Audience Survey 2019 by Feb 17, 2019!

Read more Like this post2

The Hidden Cut

Female circumcision is a very common practice in Malaysia, but the procedure is still almost completely unregulated.

Read more Like this post2

#TeamSatpal: Turtle-y in Trouble

The 21st century brings unseen threats to local turtle conservation efforts.

Read more Like this post0

#TeamMayLee: The Point of Being Malaysian

In a modest village situated on the sandy shores of Terengganu, the production of ikan bilis has formed the livelihoods of most families for multiple generations.

Read more Like this post2
Go top