March 21, 2017 337
You need to know the business models of trending startups in India. The following link contains some good business models in Indian scenarios.
Study about the startup ecosystem in India:
The state of India startup ecosystem: here comes the growth (and 10,000 startups) – Innovation Is Everywhere
You need to know why startups failed
Why do Indian Startups Fail?
Be as cost- effective as you can be!(cost effective doesn’t mean cheap)
Present your B plan at some B plan events. You’ll get investor contacts very easily over there. Also, you’ll get to know a lot about your idea that you didn’t know already.
Investor will invest in your startup when it’s started generating revenue and all that is required to scale is more money. Create a prototype, launch it in the market, serve some initial customers and take reviews. These reviews are what your next step depends on.
Its the best if customers are your initial investors(revenue sources)
There must be some similar startups related to your’s. You need to know everything about their working. And, then how you can server their customers better.
Attend startup networking related meetups. You’ll get to know a lot of people and their appraches.
We are what we do | Meetup
If possible work at a co-working places. It gives you enough inspiration to see other people work with similar enthusiasm level.
The Top 60 Startup Coworking Spaces In India
Use a CRM. It’ll save you a lot of time What is the best CRM for a startup/ business?
Concept of rainmaker: A rainmaker is any person who brings clients, money, or respect to an organization based solely on his or her association.
What is a rainmaker?
Start providing IT services(freelancing) relevant to your expertise. It’ll make your growth steady. Also, the chances of your survival increase.
Read autobiography and books of famous enterpreneurs. Read as much as you can
Most Recommended Books for Enterpreneurs | ReadNShare