One of the most important ingredients of success is the ability to understand how trends evolve and to adapt to changes in order to stay attractive. In my opinion, the successful startups should always be willing to adapt to new technologies. During the early years, the startup will need to iterate the product plenty of times until they are able to  find the secret sauce and get it right. That is why adapting to change can lead to major breakthroughs.

What the Senat can do in this case?

One great opportunity for startups would be to test their products or services. Senat already has a lot of connections and people within their network. Offering startups testing possibilities for the product/service would make young entrepreneurs gather several ideas on how the product could be better and what people actually think of the product/service. This would make startups adapt faster to the market needs and would increase the possibility of succeeding.

How can this be done?

1- Open events where people from different professions and business sectors participate. 2- Letting startups test each-other’s products/services and give feedback.