How To Determine Your Startup’s Chances of Success

Linkilaw Startup Advice & Tips

It’s that time of week again for another Linkibuzz post.

We have a couple of interesting posts regarding Startups this week. A post on low employment figures and an interesting take on what causes low employment. Interestingly, we’re finishing with a post on a potentially new European republic that could mean tax-free money for Startups operating there.

So grab your favourite beverage and get set for this week’s Linkibuzz!


How To Determine Your Startup’s Chances of Success

Wouldn’t you like to have some magic power that tells you whether or not your Startup will be successful?


Most Startup founders do, but unfortunately, it doesn’t exist. The closest you can get to ‘knowing’ something like this are the insights from a man who is a successful Startup founder. The man in question is Haomiao Huang and he lists out three things he believes play a major role in determining if you’ll build a successful Startup. 

The three things he lists out are:

  • Talking to people
  • Interest doesn’t always mean money
  • Be a segway

He writes about how each of these things played a role in how he was able to build his own company. And the insights he shares could prove invaluable as you build your own company.


The Cause of Low Employment 

Unemployment and low employment are neverending problems in society and they’ll never be completely eradicated. However, what we can do is consistently raise awareness and educate people on the issues and find ways to reduce them as much as possible.

That’s what makes this post interesting, mostly because of what it reveals and the way it tackles the problem of low employment. There is a lot of research that has been compiled in this post that examines the cause of low employment. The general consensus is that the cause of low employment is a lack of skills by those trying to land jobs in today’s economy.

However, what the research reveals in this post shows that it’s not a black and white situation. The research shows that there has been a ‘low demand’ amongst today’s unemployed workers that has affected both genders and workers from similar demographics.

It’s interesting and bleak at the same time because if it’s true that the cause of low employment is low demand then we have a bigger problem on our hands in tackling this issue.


The Top 3 HR Mistakes Startups Should Avoid While Scaling


We all know that beginning stages of a Startup’s growth is a rocky and crazy world. They are generally also filled with only a small number of staff working for the company so certain aspects of infrastructure like HR are generally simple. 

Eventually, there comes a point when the company will be ready to scale and grow. This is when HR problems can occur and in many cases, you’ll find yourself facing problems you probably didn’t expect or prepare for.

That’s what is great about this post because it reveals three of the big mistakes Startups make while they’re scaling. The three mistakes are:

  • Leaving hiring to the last minute
  • Not having an organised onboarding system
  • Believing that no management is good management


Now you’ll need to read the post to find out more about each of these mistakes and it’s certainly worth it because you’ll also read about what you can do specifically to avoid making those three mistakes.


Welcome To Liberland: The Tax-Free Startup State Between Croatia and Serbia 

Here we have a very interesting story and one that would probably surprise many readers and spark their curiosity. For example, have you ever heard of Liberland? 

It could be Europe’s newest state at some point in the near future and that’s exactly what the 400,000 people living in this area of land between Croatia and Serbia are hoping for.

The people living in this area of land are attempting to establish themselves as a micro-nation and republic called the Free Republic of Liberland. What makes the idea of this state so interesting is that the people want voluntary taxes and crowdfunding for government projects. 

It’s certainly an interesting premise and one that would favour Startups because they would not have to pay any taxes or suffer any interference whatsoever from the government.

If the idea of Liberland materialises then it could become a hub for many Startups looking to operate freely and pay zero taxes.



Our first story reveals a few truths about how you can determine if your Startup will be successful with insights and wisdom from the founder of a successful Startup.


Our second story examines the causes of low employment and presents an argument backed up by research that challenges the general status quo opinion of the cause of low employment.

HR is one of the most important areas to get right in a Startup and this post reveals some key HR mistakes you must avoid once you inevitably start to scale your business.

Lastly, an interesting story about a small patch of land between Croatia and Serbia seeking to gain support as a newly independent republic. Usually, this sort of thing is of no interest but considering that it would be a state with no taxes and minimal interference from government could see it become a future Startup hub in Europe.