Do you guys think luck plays an important role in a startup? If yes, why?
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Phanirockzzz
Stealth • 7m
Luck means your network, privileges, timing and much more.
If the market you choosing is huge then even an not a great product will work. But if market is very small then even a perfect product could not work. Here also luck matters.
Timing > Execution > Idea
The idea is shit and has no value but its execution does. Moreover Timing is much more important.
Take an Example of YouTube; While the internet was booming the idea of starting a video streaming platform ( It was pivoted
It's better to make crappy product at start which is not perfect doesn't looks that good because you can always iterate and become better but most people prefer perfect products and do months of work and when they launch they get to know that know th
Many big companies new product goes viral with marketing and even many small company market there product with no cost or with less cost on social media. My qts is how to small companies can market their product let's take they are not technologicall
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3 replies5 likes
Shazam
Stealth • 6m
Do you think it's worth reading more startup success/failure stories and news about acquisitions and funding to increase the chances of your startup being successful or does luck and timing play an even major role in it.
3 replies5 likes
Phanirockzzz
Stealth • 7m
When you are doing a startup by copying or even inspiring from some well established gaints. people just see their success and how thy established but not their privileges. some of them are here.
1. Timing, timing is very important while entering th
Why should we work on such an idea that no one has executed yet If we fail in this we will grow by chance .Why should we not work on such a product or service that is already on the market I don't know why they are not innovating and executing them e
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Ravi Handa
Stealth • 8m
Startup folks - if you aren’t funded, stop paying money to social media influencers / YouTubers to promote your product or services. It is just vanity.
80% of the time, it does not give you good returns.
Stick to Google ads. Not saying they are p
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13 replies25 likes
Arcane
Stealth • 1m
Investor's Hierarchy of Value Drivers
1. A strong Team
2. A scalable Market
3. A valuable Product
4. The perfect Context for growth
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