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How to build a startup with no money
Startups are hard work and more challenging when you have to invest your savings to make it work. Although investors like the idea of a founder investing their own money, I find the question of how to build a startup with no money more intriguing.
It takes us back to the principles of bootstrapping and lean principles of starting with minimal resources or wastage. In this article, we will focus our thoughts on building a startup with zero investment, strategies and a few examples of types of startups with no money.
grave with you. Pro and con lists are just as bad. If it’s important to you and you want to do it ‘eventually,’ just do it and correct course along the way.”
— Tim Ferriss, author of The 4-Hour Work Week
The stars will never align, and the traffic lights of life will never all be green at the same time. The universe doesn’t conspire against you, but it doesn’t go out of its way to line up the pins either. Conditions are never perfect. ‘Someday’ is a disease that will take your dreams to the grave with you. Pro and con lists are just as bad. If it’s important to you and you want to do it ‘eventually,’ just do it and correct course along the way.
4 Types of Mentors
4 Types of mentors: The journey of being an entrepreneur is fascinating! However, it can be quite lonely and directionless at times. If you want to have the best chance of…
Business Model and Product will follow if you have the right people
People are the most important thing - in a world full of ideas, numbers and financial projections, we shouldn't forget that it is all about the people who make magic happen!
Don't wait for perfection, life isn't perfect - Guy Kawasaki, Agile Processes
This article relates to the product development journey in an early stage startup. You can easily extend this to innovative developments in product where you're focusing on agile developments with continuous feedback. However, make sure that you establish the ground rules between production code and experimental developments so that people know the value of a beta.
Embarrassed by your first version: This article is all about developing minimum viable products, gathering customer feedback and continually improving while keeping wastage minimal. One of the most important tenets…
People may hear your words, but they feel your attitude - John Maxwell
Communication is not just about talking but listening to understand the people and effectively convey your thinking. It is a two way street which is about active listening, being curious…
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.
Startup india logo
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.
Minimum Viable Product - MVP
Minimum Viable Product in Agile : As the name indicates, an MVP is about minimal development, least investment to test a product's capability and customer interest. The lean product development movement is heavily inspired by the agile principles that help us continually develop products and test with feedback. The idea is to ensure that we develop, take feedback and improve.
