A new research by Harvard Business School’s Shikhar Ghosh shows, 75% of all start-ups fail However, “lean start-up” has emerged as a countervailing force which makes the process of starting a company less risky What is “Lean start-up”? Lean Start-up is a new way of looking at the development of innovative new products that emphasizes [...]
A couple of days back, an idea popped into my head, what we call “Eureka Moment”, glamorously. I was basking in self-appreciation about the novelty of the idea. I sat with my team to have brainstorming on this mythical “Eureka Moment”. We discussed, and discussed a lot, and everybody sounded very confident about the Koohooo!! [...]
How is your product different from the existing players in the market? It’s the most obvious question you face as a startup wherever and whenever you go to showcase your MVP. Definitely a pain area explaining to them. It is and will always be…. To us, differentiation is not in the product or offering itself; [...]
A Startup is an obsession. Don’t start a company unless it’s an obsession and something you love. There must be a self-inflicted unflagging optimism attached to it though looks blurry at the onset of your Startup. It should be in your DNA. It’s just in your mind, and being the architect, you are determined to [...]
Have you seen night time twinkling of fireflies that flash to attract mates? I guess, you have seen them umpteen times, and might have tried to get hold of them in your childhood days. These days, I am truly charmed by the bioluminescent insect that creates light through a chemical reaction that takes place in [...]
“Because the world needs more Awesome, the world needs more Startups.”- Hugh Macleod After months, I am here to share a story of a startup. The germinating seed for this story I found in Paul Graham’s essay “Startup = Growth“. Thank you Paul for your in-depth, insightful and illuminating Essays. All those have been one [...]
“…this is the nastiest of all startup sins: failing to involve customers and their feedback from literally the first day of a startup’s life, keeping the most vital opinions silent—those of the eventual customers—for far longer than necessary.” Can every startup skyrocket like Facebook or Square or Google? It’s downright impossible. 2 in 1000 venture [...]
“In 90 days the team pivoted the product, saved a major account, captured a large order, cut schedule from 18 months to nine months, and developed virtual backlog. Two years after release, product market share was up by 30% to 70%. Twelve of 17 competitors were gone. The division was the dominant global player.” Cardinal [...]
Thanks Steve, for reminding these lessons to someone who has set off for an eternal journey of entrepreneurship. A journey where my idea alone is not a company, and a company is sum of technology idea, plus customers, distribution channels, pricing, partners, etc
Angel List is a hybrid social network, communication and crowdsourcing platform offers a greater degree of visibility to startups that might not have access to investors, and, on the flip side, has become an important resource for investors looking to boost dealflow and connect with other investors.
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