I Was in a product based company and good salary range with 5yrs of experience.
I want to build a startup as side car while doing job/feelance.
Please suggest what points do we need to think before starting a startup.
Anonymous 1
Hey I am on Medial • 1y
Make sure you have a lumpsum saved up, as a cushion. At least 5 month runway, other than the initial investment.
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Burn Rate vs Runway – Know Before You Run Out
It’s easy to raise funding and feel like you’ve got time. But founders often forget how quickly money disappears. Burn rate and runway tell you how long your startup can actually survive.
Breakdown:
1️
Ek company ban ka liya
1. *Company ka type*: Private Limited, Partnership, Sole Proprietorship, etc.
2. *Industry*: Kya company kya business karegi?
3. *Location*: Company kahan registered hogi?
4. *Initial investment*: Company ko kitna initial inv
Are duopolies inevitable in certain markets and industries ? Is this better than 4 to 5 firms competing with each other ?
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Startup Name: FurniRent
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Startup Idea:
FurniRent ek furniture rental platform hai jo budget-friendly aur stylish furniture un logon ko provide ka