How long does it take for a startup to become a renowned company?

[maventiger]

I would say 6-12 months. It may defer depending on the type of business and industry the business operates. To achieve such height within a short period of time, you must ensure you have a good business plan and appropriate funding.

Is 6-12 Months enough to develop your business as a startup?

 

[Esther]

It could be 6 months but I think a year is long enough for any new company to stand firm. According to what have seen hard work matters and determination is key too , companies grow in 2 to 5 years but with lot of hard work and focus a yer is enough to be big.

 

[GoldenLady]

It depends on the type of business and how saturated and competitive the niche is.

Typically around 3 months to a year. You can use branding to stand out faster from others doin the same thing.

 

[Victor72]

For your business to be well developed and known all over the world I believe it will take up to two to three years for your business to become well develop, but still it all depends on how creative and innovative your business is. If your business is well creative it may not take up to two years

 

[kayode10]

This depend largely on different things before a company can become a renowned one. Needs can determine how long it is good to take before a company can become a well-known brand. It will be hard for a new company in social media industry to become well-known when you have Facebook Instagram YouTube etc. But on average, I think 24 to 36 months is enough for a company to become a renowned one.

 

[Kingsley]

For a start up business, alot needs to be put into consideration before thinking of expecting something big from it. One must learn to exercise patience, persevere and be honest , and one must remain consistent. Then for the business to grow well you need to also give it time from 5years and above.

 

[Ralphjoe]

There are no set times through which someone can start a business that would later become a big renowned business because most companies are not the same and their time of becoming successful can never be the same. Some these companies might even take as long as 10, 20 years before they can be called a renowned company while some Business just take within 6 months to 3 years and the rest to become a renowned company.

 

[Nicklas22]

For you to be able to develop your business to company level you have to be grounded about everything about the business
You business must have been a year and above
You have to have many staff and sometimes other branches

 

[Setfragil]

One cannot actually say the time a startup company will become a renowned company there are a lot of things involved before a company can rise to that position. The capital involved to start a business goes a long way in determining how big or huge the company will be and the amount of money that will be used for marketing the company.
If you start a company big the price of your products are likely to be lesser than that of a small company. How you started, the capital you started with and the strategy you used in marketing your business will determine how fast the company will rise.

 

[Joseph555]

I would say 6-12 months. It may defer depending on the type of business and industry the business operates. To achieve such height within a short period of time, you must ensure you have a good business plan and appropriate funding.

Is 6-12 Months enough to develop your business as a startup?

It all depends on the type of goods and services rendered by such company as at a given time.
Someone can start a company and within a short period of time it will all boom and glowing

 

[Has.an_shahid]

The short answer is, it takes at least 4 years to refer to a real company, and I would argue that it takes 7-10 years for your startup to truly be the success you imagined when this idea came to you came.

 

[Damismiling]

For your business to be well developed and known all over the world I believe it will take up to two to three years for your business to become well develop, but still it all depends on how creative and innovative your business is. If your business is well creative it may not take up to two years

Very correct, a business can not just grow without a conscious effort of the owner, it takes dedication, seriousness, hardworking, persistence , good management to record development in any business

 

[Victor001]

Rome was not built in a day, the first thing is to start, the length before the business matures is solely dependent on your plan and various investment you sow in the business.most business stands after 2 to 4 years.

 

[Trexxxy]

Just like you have said it depends on the industry and the type of field, another key factor is money, the bugger the funds expended the more chance the startup has to be renowned and known all around the world

 

[Muhammadawais]

Usually, delayed enterprises have shown sustainability as an ongoing problem and generally have a well-known product with a huge market presence. In general, late-stage enterprises have achieved a level of producing positive cash flow and are beginning to experiment with growing into tangential markets.

 

[Davjoh]

I think it all depends on the type of company and the industry.
There are some businesses that move at the speed of light. Example of such company are Minimie chinchin and big cola. Also being in the food business seem to be a fast route tof becoming big business as this tye of business has ready market (regardless and irrespective of any situation, people will always eat).

 

[BuchiBankz]

The first year is full of emotion, but generally speaking, it’s often loaded with tons of tiny, obvious victories that feel like real progress. What it typically doesn’t include is lots of revenue to keep you paid.
The part where you build a real business that’s healthy and profitable is probably a couple years away. Or it may be never. But it’s likely still not now, and that’s hard to digest.

 

[Ayokex]

The time varies for different companies. You cannot compare company A with company B when it comes to becoming a renowned company. One thing I know for sure is that, the efforts of the management of the company also goes a long way.

 

[mubinadaddy]

it all depend on the effort you put in on how you be able to generate the traffic, without adequate traffic I think it will take you up to six to one year before you be able to start generating real human traffic.

 

[Richard92]

It takes couple of years for you to become a renowned company, this all depends on your dedication to your business and the amount of work that you have put in place over the years.this can be measured by your consistency in business and achievement in business.

Post automatically merged: Feb 13, 2021

Just like you have said it depends on the industry and the type of field, another key factor is money, the bugger the funds expended the more chance the startup has to be renowned and known all around the world

yes, that is true, it also depends on the kind of business because some business take longer time to grow and longer time to get into the market proper why some business can grow within two years.