What is the primary goal of a pitch deck in the startup world?: I’ve often asked this question. Sometimes the pitchdeck feels like a fancy marketing pitch and you have to impress these investors to win them over. As shallow as it feels, I think a pitchdeck is one of the most important things in the early stages of a startup.
Awaiting an official announcement on the theme of 2024’s National Startup Day. We can however be certain that it will be something to further leadership abilities and innovation to grow and expand. Some things to look out for are – the impact of startups on the Indian economy, and new startups created in 2024. I would also be very curious about any new announcements from the government to help entrepreneurs create businesses better and remove obstacles in their way.
In this article, we go through the details of startup india, its purpose and information about using it for entrepreneurs. The scheme was started to make it easy for entrepreneurs to setup business and create an ecosystem for them to grow and flourish. It provides opportunities such as funding, networking and mentorship for new businesses. … Read more
Entrepreneurs are motivated by: Entrepreneurship is challenging, and for most entrepreneurs, success is driven by a unique set of motivations. These motivations can come from a variety of sources – personal experiences, desire to solve a problem, need for independence, and passion for innovation. In this article, we will explore some of the common motivations … Read more
Back in the day, startups had little chance of competing with giant corporations. Without the proper resources, knowledge, and technology, the dream of taking over well-known businesses seemed impossible. However, as we move further into the digital era, emerging tools and technologies have begun leveling the playing field. And perhaps the most revolutionary of these is Artificial Intelligence (AI).
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.
There are more advisors for entrepreneurs than founders! This probably tells you something about the business of entrepreneurship and advice-giving. However, if a new entrepreneur was to come to me for advice, I’d ask them to make sure they’ve thought well before taking the plunge. Entrepreneurship is hard work and will demand more mental energy. … Read more
Scalable startup entrepreneurship characteristics: What defines entrepreneurship, small business and a scalable startup? The most impactful aspect of a startup is its ability to scale. In this article, we will talk about the characteristics of a scalable startup entrepreneurship. It helps us differentiate ourselves from small businesses and convince investors about the ability of your … Read more
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.