Lessons Your Startup Can Learn From A Chameleon

Chameleons are amazing creatures. And not just because they appear in a hit ’80s song orhumorous word-nerd send-up. Armed with a tongue you have to see to believe, the chameleon may be one of the coolest reptiles on the planet. Here are ten things you may not have known about our lizard friend. And each relates (in its own small way) to business.

Chameleons adapt to changes surrounding them.

While the common belief that chameleons change colors in order to blend in with their environment is not true, chameleons do change color based on temperature, light, and mood. As a chameleon grows warmer, for example, its colors become brighter and more distinct.

Business application: Like the chameleon, we, too, need to adapt to changes affecting us. As the competition turns up the heat, we need to let our true colors shine through, so we can stand out from the crowd.

Chameleons can focus on two things at once.

A chameleon’s eyes move independently of one another, allowing it the peculiar ability to watch two things simultaneously… without moving its head. What’s more, each eye has a horizontal radius of 180 degrees and vertical radius of 90 degrees, and can see in three dimensions.

Business application: While a singular focus can have its advantages in certain situations, being too focused on only one option (tunnel vision) can sometimes make us overlook opportunities or obstacles in our way.

Chameleons strike quickly and with pinpoint control.

A chameleon’s sticky tongue is a marvelous thing. Roughly the length of the creature’s body and tail combined, it can extend and retract in just a fraction of a second, with deadly accuracy and control.

Business application: Like a chameleon hunting its dinner, we need to remain nimble, too, so we can act quickly and with pinpoint control when opportunities arise.

Chameleon eyes have a 360-degree arc of vision

Chameleons have the most distinctive eyes of any reptile. Their upper and lower eyelids are joined, with only a pinhole large enough for the pupil to see through.independently from each other.

Business application: Like a chameleon you need to keep an eye around to learn what is happening around and learn from it. You cannot focus or learn from 1 source and should never ignore what is around

Ballistic tongues that are 1.5-2 times the length of their body.

Chameleons feed by ballistically projecting their long tongue from their mouth to capture prey located some distance away.

Business application: Like a chameleon your vision, your approach should be way larger than yourself. It’s hidden and comes to action when needed.

Chameleons can’t hear much.

Like snakes, chameleons do not have an outer or a middle ear so there is neither an ear opening nor an eardrum. However, chameleons are not deaf.

Business application: Sounds doesn’t matter much, so avoid what people say about you and your startup. do take the feedback but do not loose your focus for them. Trust your conscious and stay focused towards your goal and you will hit the jackpot

www.abaxsoft.com

+ 91 731 4061787, 97139 18111

Fast And Steady Wins The Race

Everyone has heard of the Aesop’s fables. One of the stories of the fables describes how a tortoise defeats a hare in a race of speed. The moral of the story says ‘slow and steady wins the race’. Well, I’m not here to review or narrate the fable. I just wanted to recall the old saying and bring forward the fact that it is no longer a valid moral and notion. In the present world there is no option to stay slow. There’s no way one can win a race if he is slow even if he is the steadiest. The world is not a place for slowpokes.

Right from the beginning our life starts with a race. Whether it is the race to get admission in a school or in a college, there is no end to the races of our life. And once we fail in the race, the consequences are unforgiving. The present world shows no mercy to failures. The moment you fall behind, your future, your goal, your objectives seems to get beyond your reach. Once your objectives go beyond your reach, you see your dreams shatter and fall apart. When you start falling behind, no one is there to stop for you because everyone is a part of the race and no one is willing to compromise his or her position for your sake.

Similarly we need to be equally steady in the race. Without steadiness, there won’t be any consistency in the life. Speed and consistency is equally important for the survival in the race of life. Without these two basic tools, there is no chance that one would last a single day in the world.

Having said all this, let us take the example of startups. Without proper speed and consistency it is impossible for a venture to survive in the market. With the rigid and strict competition, there is absolutely no margin for error. One wrong or a slow step and the plan is a failure. All the efforts go down the sewer with nothing in return except for regrets. Slow decision making can be compared with opportunity cost too.

The entrepreneurial market is one of the toughest competitions that one can witness. With hundreds of startups crawling up every day the competition is becoming more and more difficult and no one is ready to leave a single scope for his competitor. It is the survival of the fittest. To keep up in the competition, the startups don’t just need consistency or steadiness but speed is also a mandatory requirement in it. For example if an entrepreneur expects to draw a profit tomorrow, he needs to it today. That’s because by tomorrow hundreds of others can come in the market to compete for the profit. Not one competitor is ready to spare a single inch of space to their rivals. Everyone is trying to stay ahead of the other.

In such a condition the startup owners need to be not only steady but also fast. At the end of the day it is the fast and the steady who wins the race. It’s no longer the game of the ‘slow and steady’. So buckle up and fasten your seat belt and be ‘fast and steady’ to win the race.

www.abaxsoft.com

+ 91 731 4061787, 97139 18111

StartUp Mistakes To Avoid In Order Grow

Startups are not easy to set up but the tough things involved in getting a seed fund or steering a start-up to success makes you conclude that founding one is the easiest part of the story. Now right after the startup is established, the ideas begin to flow in hordes and you are confused about the next best step to take. In this span of time, more often than not, most startups make mistakes that prove to be too costly for them in the end. Take a look at the top mistakes a startup has to avoid to stay afloat in the long run. Once these mistakes are  made, there is nothing but regret on charts. However, thinking with a level headed mindset and going by the rules will make you play better. as a startup, you might be prone to make silly errors but then the bigger mistakes are best avoided when you have the scope to dig right. Planning is the key here.  No amount of extreme enthusiasm can save your skin once you take a wrong decision. The key lies in etching a balance.

Overestimating The Capacity

Now that you have even landed your first client and a big one at that you must be in a celebratory mood. However, you must make sure that you do not get disorientated having simply got a huge order. The startups that get overly excited and fail to see the reality are those that fail the earliest. Take things slow and avoid blowing up investments or funds in a bid to appear exclusive to the first big client. Take things at a pace you can afford and that is within the perimeter you have lined out for your business. Alexa Von Tobel says, “As an entrepreneur, you have to be OK with failure. If you’re not failing, you’re likely not pushing yourself hard enough.”

Lack Of Social Media Presence

This is a common mistake that startups make. They are barely present on the right channels and even if they have those Twitter or LinkedIn accounts, they expect a rush of followers or activity at once. The trick is to think of this as a slow cooker since the time invested in promoting your startup online today will lead to results in the long run. You cannot expect a quickly cooked steak can you?

Trying To Heap Too Much On To One Individual

As a founder, the startup begins with one person—YOU. However, you cannot take everything on yourself. You have to add variety and work in a unified force when doing business. Try to maximize the profits but make sure not everything goes into the profit fund. Your initial years will be spent rolling the profits as investments—into the staff, equipment or even activities for the startup.

Once you get the flow of a startup, it is easier to avoid these easy-to-make mistakes. Make sure you take every step with ease– sans the rush to make it big in a jiffy!

www.abaxsoft.com

+ 91 731 4061787, 97139 18111