In this article, we will talk about the meaning and definition of a business model canvas. We will also talk about its need for an entreprenuer, tools to build a lean model canvas and main parts of it. While explaining these, we will discuss about why this is important for your startup idea. The main questions we will answer in this article are:
Difference between entrepreneur and intrapreneur: They both sound similar but are fundamentally different considering the environment they work in. We all know that both entrepreneurs and intrapreneurs take risks. They both risk putting their idea in front, investing time and energy to create something new.
What a fun question! If I said entrepreneurs are made, it would be easy. There’s no further discussion right – it becomes a talent of a select few people and others don’t have a chance at it. Entrepreneurship however is similar to a job, a tough job nevertheless and some things will make it easy. … Read more
Seed Round of fundraising: This is one of the most important rounds for an early-stage startup. In essence, this round defines whether an idea kicks off the ground at all. So many great ideas fail because they don’t get the traction or funds to test their business plan. As an early-stage entrepreneur, the focus is … Read more
Embarrassed by your first version: This article is all about developing minimum viable products, gathering customer feedback and continually improving while keeping wastage minimal. One of the most important tenets of the agile process is to keep iterating as often as possible. If you’re waiting for perfection, then you’ll delay time for feedback, eventually costing … Read more