I’m fascinated to read about this today. The headlines roared that wordle – the online puzzle game has been sold to New York Times for an undisclosed 7 figure number. (Source) The news is startling from the sense of a common startup belief about the hockey curve and exponential growth. Normally new startups go through … Read more
It is refreshing to hear that the 16th of January has been officially coined as the National Startup Day as a mark of recognition of the contribution of startups to the country. The PM Office proudly calls startups the backbone of New India. Of course, startups have a huge influence on the economy, creating jobs … Read more
The infinite game is a brilliant book by Simon Sinek talking about purpose, just cause and continued value creation for the business. He touches on a very important point about the life of a business vs focusing on longevity. I’d encourage you to read the book as it will spark some very exciting thought processes … Read more
One of the earliest challenges as a startup founder for me was to keep up the motivation and drive to build the business idea. Apart from developing the business plan, product, investment and even the sales cycle, the toughest part was still being amongst a group of people who could understand my journey and support … Read more
The most inspiring dream of a startup is to create a business capable of scaling. The stage where a business idea is beyond trying to figure out what sells for the customer and establishes a niche for itself. The initial stages of a startup are the most important ones because this has the highest probability … Read more
I’m a huge fan of agile processes in product development. It’s an iterative process where you develop incremental improvements. These developments are consistently reviewed to see how it impacts the end-user. The review process allows a customer to access the product and provide feedback. You use this feedback to improve the product’s next iteration. The … Read more
Entrepreneurial skills: In this article, we talk about key entrepreneurial skills required to create and manage a startup. As you already know, entrepreneurship has its own set of challenges and risks as opposed to an established business. In this article, we explore the key skills required to deal with the challenges of being an entrepreneur. Entrepreneurial … Read more
Reasons why you want to be an entrepreneur: As you know, entrepreneurship inherently has risks. Your business idea can either succeed or result in failure. However, there is an urge in entrepreneurship that makes you want to try. Key factors for the reasons why you want to be an entrepreneur are – Passion, desire to create … Read more
Define the term entrepreneur: Points covered in this article are – Define the term entrepreneur, type of risks taken by them. Risks taken by an entrepreneur are broadly classified into financial, opportunity and societal risks. We explain each of these risks with a small discussion. Please do share your thoughts with fellow entrepreneurs to enrich this … Read more
What is the meaning of entrepreneur: In the last few articles, we’ve focused on entrepreneurship, its origin, functions and key characteristics. In today’s article, we’ll focus on answering the question – what is the meaning of an entrepreneur. I’m sure you’ve heard or read about this in different formats. Most times, loosely entrepreneurship is treated … Read more