Tag Archives: Startup Success Mantra

Finding a parking spot is an irritating and time taking task. A retired Deputy Commandant from the Indian Coast Guard, has recently embarked upon his entrepreneurial journey to provide a solution to this problem.

If you have a great business idea but little knowledge about where and how to launch your Startup, do attend the STARTUP BOOTCAMP WEBINAR being held on 16th January, 2021 from 10 AM.

Business Coach Puneet Mathur talks about essential elements for startups.

‘Funding’ refers to the money required to start and run a business. There are multiple sources of funding available for startups. However, the source of funding should typically match the stage of operations of the startup. It is important that every entrepreneur is clear about why they are raising funds. A detailed financial and business plan is necessary before entrepreneurs approach investors for funding.

Almost all professionally, run organizations have a clearly articulated Performance Management System (PMS). There is no reason why a family business should not have one. A common practice that should be avoided at all costs, is discussing business on the dining table, or discussing family matters at work. At the office, every family member has to be treated as a co-worker. Personal relationships, equations and emotions have to be left behind at home.

Startups adopt a product centric approach, ‘make the product and launch it and the customer will come’. This approach might work if a Startup is entering an existing category where the product features and market dynamics are known. However, this approach will most likely fail if the Startup decides to launch a new product in a new market, or a new product in a new section of the existing market.

Apart from facing the challenge of building a business from scratch, most startup owners and founders have little or no experience of business. The Startup idea may be great. But as the business takes off, complex problems arise – related to managing the young enterprise, resources and supply chain, and …

Startups  and Business Strategy What is the meaning of “Strategy’ Strategy is defined as the art and science of planning and marshalling resources for the most efficient and effective use. For a Layman, the term Strategy is best understood as a long term plan of action designed to achieve a …

A recent report by Keap and Emergent Research found that about 94% (almost all) of small business owners surveyed identify specific financial goals for their business and yet only 65% are confident they will achieve them. This leaves 29% of small business owners, (one in four) who have set specific …