It is hard to run a startup without money. In this article, we talk about the types of funding opportunities available for startups. As we know, the number 1 reason why startups fails is lack of money. In this discussion, we highlight the various options you have as an entrepreneur to fund your startup. Apart from this, we also talk about the various stages of funding in the startup phase depending on the stage of your growth.
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:
A minimum lovable product sounds great and exemplifies the qualities of product purpose, I still wonder if it makes sense for an innovative startup? A minimum lovable product establishes some great principles such as design first, user thinking frameworks. However, what happens when you don’t know what the final product looks like? And does it work in places where you’re trying to create something completely new and unheard of?
Funding is one of the biggest constraints in running a business. In fact, lack of funds is the number one reason why most businesses fail. In this article, we talk about the power of crowdfunding to run a business. As the name explains, crowdfunding is about asking money from people to develop a business. It prevents you from going to specific investors and instead create an opportunity to put your idea out in the public domain.
Although these terms are used interchangeably, they have subtle differences. Entrepreneurship in general is used synonymously with innovation, minimum viable products and funding etc. Business on the other hand refers to a wider area including expansion of existing business, geographical expansion, etc.
In this article, we also talk about the meaning of entrepreneur, entrepreneurship and its purpose. In summary, the word entrepreneur is derived from a French word meaning to take a risk. These risks culminate in the creation of something beautiful – a business born out of an idea.
Where to start your startup?: Starting a startup is an exciting journey, but it needs careful thought. With startup success rates so small, it is invaluable to consider all elements that contribute to a startup’s success. In today’s article, we will talk about the considerations for where to start your startup. A good environment for your startup can help your journey and can even differentiate between success and failure.
In this article, we discuss the four types of entrepreneurship and their differences. Most of these differences are in their priorities, purpose and vision. All entrepreneurs display a few characteristics which make them unique. The types of entrepreneurship help us differentiate between their approach to funding, profits and growth.
How to think of a good idea?: Every entrepreneur and founder goes through this question. How to come up with a great idea that can make my startup succeed. In fact, the most common phrase for a startup founder is to develop an idea that becomes a unicorn. It is every bit as exciting as it sounds to come up with a startup idea and watch it grow.
Every startup goes through the phase of idea generation, understanding the market and providing an adequate solution. They all start at the same wonderful place. It is a small thought in the head germinating seed of an idea that goes on to create a startup.