‘Starting up’ in Nepal tends to become a horrible trouble in the beginning.
BUT SUCH COULD CHANGE US FOREVER!
The Social Media is hot, and they’re hitting on #Tootle and #Pathao. The questions of legality are intact, but this is not the only discussion that should be going around. Here, a few thoughts I could not resist as we share the Industry:
‘Starting up’ in Nepal tends to become a horrible trouble, in the beginning.
My part of experience said that. As most-startups come through a youngster mind, In the beginning period all energy rolls into digging problems out, getting more exposure to your services or getting through experiments that would adapt you in this almost-neutral market.
And at around the end of your first fiscal year, you get truly amazed, shocked and in tons frustrated when you come to know about all hassles you’ve been missing. This happens to every start-up founder. This has happened to #metoo, 7-9 years back.
We paid a horrible amount of fines and taxes for our first startup when we didn’t even have enough pocket money raised.
The next or next year we somehow find ways to adapt in the system, no matter how messed up that is. But, that happens for I think 5% of or less those started. Rest are collapsed upon learning, some with frustration, partnership issues, capital crisis or with maturity. I’ve a lot of friends those have fled abroad.
We are young, we devote to change as we are somehow the generation that not just vows for #EasyMoney. A problem solver does not much like to get enrolled into problem, naturally.
The current tax and company regulations are somehow understood as ‘problems’ in the #NepaliStartup Industry.
The amount of startups and CEOs we see around in Nepal has drastically accelerated in the past 2-3 years. Maturity is the matter of time but as we see its current impact, isn’t this the future we’ve been seeking for?
A few past decades were to #ExportLabor, the most important development resource sold for the cheapest price!
This has to change? The current startup wind somehow puts a seed inside that eventually acts in as a psychology to start my own. The startup Industry should not be pulled into politics, rather facilitated.
With current #Tootle, #Pathao conflict, it is likely that the startup industry is now a discussion topic. Most people might have heard the #startup word for the first time, this is eventually a milestone that will lead us to formulating favorable policies and startup laws. We don’t hope that very soon, but if that happens we’d be most happiest ones as most of us are not hear for easy money or corruption, unless frustrations are resolved. Technology does not rest and the young is not much exposed to frauds and tax cheats, it’s better to guide them, give a startup
In my personal understanding, every starter youngster has seen a #StableNepal for the first time he/she can remember. He has energy that can be driven and if a few favorable policies come, this can be a huge huge trend. We’re good to go with trends afterall!
Some will be developing opportunities here, some would bring back capital and expertise and the most would retrurn back.. f