BANGALORE: Startups are now the trend and hype. Individuals especially, the young generation is no longer ready for the nine to five jobs with regular goof ups with the boss and a life full of office politics. They look for innovation and fun in the profession they choose.

Hence, young masterminds are taking the initiatives of reaping startups. Their own friends and families are contributing to grow the business.

One can launch a startup in any industry they are personally associated with or have a family connections or personal liking for the business.

If you are all set to sail in the startup industry, then with Business Insider here goes five tips that you need to know beforehand:

Start while getting a paycheck

Inaugurating a start is exactly like beginning a business. It’s uncertain and risk oriented in monetary terms. It can reach the peak or go flop at the very beginning. Many start ups end after a short survival in the market. Hence, when you begin the business make sure you have a constant earning or an alternative money making option in hand. You need this money to invest in your new venture and you will not end in the streets, if the business takes a slender.

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