In the latest poll on StartUpArabia, the question to the readers was:
What do Arab startups need the most?
The result of reader voting came out as follows:
Out of 230 readers who responded to the poll:
– 30% of them believe there is a need for more original ideas
– 28% say funding is the most needed thing for these startups
– 17% think Arab startups are in need of mentoring
– 12% believe there is a need for strong complimentary teams at these startups
– 8% think marketing is what Arab startups need more of
The remaining 5% listed some other very interesting and true needs for Arab startups; among them are: business freedom from govermental interference, market research skills, ability to set up a truely limited liability company, more social media interaction, available data and statistics, unregulated non-paternalistic markets, and good execution.
Another really interesting thing the results of this poll show is that even though it’s often easy to blame the lack of funding or support for the lack of successes in the internet space in the Arab world; not all of the important things Arab startups need are external factors, there is a lot they can work on and solve themselves like picking and working on more original ideas, putting together stronger complimentary teams, buffing up their business and market research skills, reaching out more to the community …etc.
Of course, the external factors like mentoring, funding, government support are also very important and should go in parallel to help startups on their way to perfecting their product and building a successful business around it.
What do you think? What’s your view of things?
