Ivan Golubic croatia startup

Existence of the startup system

We all know that well-formed term ‘Startup ecosystem’, but how often this ‘system’ is actually a ‘system’? Around two years ago I’ve started my first company here in Croatia “Mobile Vehicle Technology” (known as MVT Solutions), the idea of MVT was to create unique research and development agency that will generate new startups. We started pretty well, by winning one (and only, at that time) pre-acceleration programmes here in Croatia with our product ‘FLOW’, traffic optimization system.

We started growing, innovating and creating new products, but now, if you look back in the past how many unicorns (privately held startup company valued at over $1 billion) came out from Croatia? Hmm, none…

We have a few bright stories here (#noAdvertising), some companies that are the leaders in the world of robotics, agriculture, electric vehicles, eco equipment… And yes, they are successful!

We have to take into account that Croatia is a pretty young country, and we still didn’t figure out how some things work (e.g. investing in new technologies and startups, not in old and dead industries)

Summa summarum, life in Croatia isn’t actually that bad, of course, this is subjective and relative 🙂 You are really lucky if you are working for some company that is from Austria or even California (there is a lot of people doing this), and living in Croatia.

How to startup 🤨

In the past few months, I’ve been sitting in front of my PC for around 18 hours a day building a new software solution that will be launched soon. We (my colleague and I) tried really hard to build a great team for this project, and for now, we do think that we’ve done a pretty good job, but based on my experience things can change a few days after launch 🙂

In the beginning, the only thing you have to invest is your time, and only a little bit of money (a little bit of money, because there is a whole bunch of various techniques how to validate your idea far before the launch).

We were really working fourteen-to-eighteen-hour days, seven days a week. For like, two years, three years. That was our life. But we loved it, we were young, and we could do it.

Steve Jobs

You have to love and live your idea, you have to be capable to transfer that love to your teammates and they will follow you. The moment when I unfollowed all Croatian media, news, and non-tech portals (we have a few good ones) I’ve actually started living my idea, without distraction with political, fake and depressive information. Like every startup or business, you have to adapt!

Future

Based on my Zodiac (I believe in a scientific stronghold of this), I’m a dreamer 😴 (that’s why I sleep for only 5-6 hours a day #irony), so I have to finish like this. We will launch our new product worldwide in the upcoming weeks but we will be highly focused on USA market, yes, USA from Croatia. If I was born in some another country (with at least electrical power and Dial-Up but with totally underdeveloped system) I would probably do the same thing. This post isn’t only applicable for Croatia, its applicable for every country and every market. If you can’t adapt to local changes, politics, and bad system how will you adapt to the new markets and competition?

Leave a Reply

Your email address will not be published. Required fields are marked *