The moment I type in startups in google, I can see hundreds of articles about successful billionaires, fancy jets and massive fund raises. Very little is said about how many of these are real and the how many hypothesized. Regardless, it does provide us with an excitement and much needed energy to pursue the dream of a startup.
Although the thought of money is exciting, I believe a startup is probably the least lucrative way of achieving this goal. There ought to be lots of better avenues to make money such as a job, freelancing, side hustle and even investments. These still give you better chance at making money than a startup where the risk of failure is immense.
One of the most popular approaches is – Fail fast, fail cheap! In other words, focus on minimal waste approaches to try and deliver the best outcome for you
Business plan for startup: No matter what stage your business is in, the business plan is one of the most important assets. Looking back at my startup fundraising days – I can recall the number of times investors asked us multiple questions on it. Considering that it is the best asset you have as an entrepreneur, … 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