Entrepreneurs, in an attempt to pitch their ideas start believing that the greater the number of slides, the better is their business going to influence the investors. This however, is completely a misconception since an appealing business plan does not depend on the quantity but the quality of the content. Read more
Generally we assume that good entrepreneurial teams are created having people of complementary skills and comparable personalities. When selecting a partner, you would normally prefer someone whom they can trust. However, the actual thing is that if you want to achieve something innovative then you will have to come out of your comfort zone.
If you look closely at the startups being featured in Mashable or Forbes, then you will see millennials part of each of them. Such scenario is not specific to any particular industry or region but prevalent everywhere. We know that success rate for startups is low yet young college graduate select to join and make startups of their own. Let us look at reasons for such trend.
The booming business sector of Asia is creating opportunities for many Asian countries to stat their business. Countries like Singapore have caught the attention of businesspersons to be their ideal place for investment and their new startups. Like other Asian countries, Singapore is still on its way to make the country as a hub for tech startups.
A healthy work atmosphere is very important for startups and can help improve productivity of employees as well as lead to business success. Pleasant office atmosphere would generally consist of good physical space, bright lighting and collaboration zones so that employees can interact with each other and share ideas that help the company grow. Read more
There are many questions regarding scaling companies like means by which it can be possible to scale a company faster or reasons to invest in any particular activity when it is not scalable. It is important to invest in activities that are scalable but interestingly many of the useful insights originate from activities, which are considered to be unscalable.
Investors who wish to invest in an early stage startup in a yet unproven market or technology would usually focus on the team behind the idea. While a known market and technology would make it easier for startups to attract investors, a startup that is yet to enter a market that it hardly has any knowledge or experience in, would need to portray a strong team in order to attract potential investors. Read more
Many people have the desire to go abroad, make good money and settle down. However, few people have overcome such temptation and returned to their motherland to start their own business and succeed in it. In the following sections, we will look at some such entrepreneurs who have launched successful startups after returning to India. Read more
Startups are the new global trend. The advancement of technology has expanded the global market and it is now possible to venture in the uncharted territories with fresh ideas. Young entrepreneurs around the world are bubbling with great ideas and they are ready to invade new markets. The age of startups have started but to make your business ideas bring real time results you must learn to use some clever yet simple strategies. A businessman should have eye only on the pie or profit or end result. Nothing should come between you and your vision of a successful and thriving business. Be polite but at the same time take the necessary steps that will give your startup the much-needed stability. Your decisions should be rational and logical. Keep emotions at bay or else your judgment may get impaired. Read more