- India’s economy is indeed going through a slowdown. But that should not dampen a startup’s spirit. In reality, customers are much more likely to switch in bad times and adopt an innovative idea.
- Rural India as market holds big promise. If you are a startup then you must take rural India seriously.
- Don’t focus on ‘vanity matrices’ such as number of likes or amount of pageviews. Instead, measure the matrices that have a real impact on revenues – these will differ based on your individual business model.
- In B-to-B businesses, the first ten sales have to be done by the founders themselves – these sales give you valuable feedback about your product, how you approach customers and helps you fine tune your pitch – never outsource these!
These are some of the ‘aha’ moments that Perzen Darukhanawalla encountered at TiE Smashup Mumbai 3.0 an annual conference for the startups, by the start-ups.
To Read more click: Top Seven Tips for Startups by Startups.