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Startup Archives - Page 11 of 23 - Inspire99

Don’t assume that borrowing lots of money can make your startup fly!

Don't assume borrowing lots of money can make your startup fly, borrowing money in startup, why startups fail, reasons for startup failure, challenges in startup

Don’t assume that borrowing lots of money can make your startup fly: We know that funding is one of the most common reasons why a startup fails. This quote however highlights that apart from funding, there are several other challenges that a founder should navigate through. Funding is only a part of the problem solved. It gives you an opportunity to expand, but you ought to reach some requirements such as product market fit, customer agreements etc to make this viable.

Don’t take too much advice:Feedback Vs Noise in Startup

don't take too much advice, advice in startups, startup lessons, startup strategy, startup marketing, startup pricing, startup suggestions, startup mentors,

Startup is hard work and the journey gets harder when you start presenting your idea to people. When we talked about assessing your startup idea, the first suggestion was to test the idea for feedback. When you go out to get feedback, unfortunately you don’t always get useful feedback. As you grow your startup, you must get good at separating noise from feedback.

The critical ingredient in a startup is getting off your butt!

startup quotes, startup inspiration, startup motivation, getting off your butt and doing something, inspirational quotes, motivational quotes

Though it sounds a bit crass, the quote makes an important point about taking swift decisions in a startup. We always get caught up between strategy and acting fast. In most cases, it is also called being tactical. For a startup, both strategy and tactics go hand in hand. We are forced to take some decisions quickly and have little time to strategise about its wider impact. One may even argue that strategy is a challenge with a scale up rather than early stages of startup.

If you’re starting something new, you better have the passion!

If you%E2%80%99re starting something on your own you better have a passion for it because this is hard work. Sallie Krawcheck Co founder of Ellevest

If you’re starting something new: This discussion takes you through key tenets of running a startup, the primary one among them being true passion about what you are doing. Running a startup takes a lot more than courage or liking towards a particular subject. You’re starting something new and taking full ownership of an idea. … Read more

Satisfier Dissatisfier prioritisation in Product Management

Satisfiers-dissatisfiers in product Management

In this article, I’ve adapted this model for prioritisation in product management. The use case of this discussion is: You have a list of requirements as a product manager. You’re now trying to prioritise items based on what gives most value in development.

3 Strategic Tips for Early-Stage Startup hiring

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Early-stage startup hiring: Hiring is always challenging. In this article, we talk about strategies for early-stage startup hiring for an entrepreneur. If you have received your first/second round of funding, this article is relevant to you. The discussion here suits an entrepreneur who may have just achieved their product-market fit and looking to expand. (What … Read more

5 Key Strategies for recruitment in a startup

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Recruitment in Startup: Recruitment is never an easy topic to talk about. Even the best companies struggle with getting the right people for the right job. In a startup, this challenge is even more complex because the profile you’re hiring for needs more than a few specialised skillsets. I’ve always found that startups look for … Read more

Don’t try to do everything by yourself in a startup

don't try to do everything by yourself, doing everything by yourself, delegating in a startup, building a startup team

In this article, I’ll make a case for an entrepreneur not to do everything by themselves. Although the temptation is to save expense and bootstrap – it can turn out to be expensive in the long run. Not only that, but you also won’t have the expertise to do a good enough job at it.

Freemium Model Pros and Cons for a startup

Freemium Model Pros and Cons, advantages of freemium

A brief discussion about the pros and cons of a freemium business model. In a product led company, it is similar to the product led growth model. The premise of these freemium models is value based selling. In this article, we will talk about the benefits and disadvantages of a freemium model for business.

4 Factors in your Financial Projections in a startup

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For an early stage startup, valuation is very difficult. The best way to do this is to find a competitor or a similar business. Make an assumption about a % of market capture to give you an idea for initial valuation. Ultimately your startup value is based on