🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

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Tarun Suthar
•

The Institute of Chartered Accountants of India • 1y

Right way for launching a startup 🚀✨️ • Find a popular product (or idea) that is not yet perfect. market is saturated but innovation play an important role here. • Study it in detail. • Make a prototype. • Show the prototype to 100 people. • Get feedback and improve the prototype. • Offer 10% of your company to an investor. • Find a co-founder to split the remaining ownership (50%) with. • Remake the prototype until people start pre-ordering it (e.g., through Kickstarter). • Once you have a successful product, sell it to a million people. ● Launch and market your product or service ● Build a customer base and establish brand loyalty • Continuously gather feedback and iterate on your product or service. ● Manage your finances effectively and scale your business as needed. • list your company on Stocks Exchange like NSE and BSE • Now you make money as you sell shares and stocks "just don't follow the trend"🙌

3 replies8 likes

Replies (3)

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

Great Insights!

1 replies1 like

Somen's 8D world

Hey I am on Medial • 1y

and you are rich. 7 crore 🤯🤯🤑

0 replies1 like

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Saket Sambhav
•

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When improving your product/service, which type of feedback actually influences your key decisions the most? 🤔💬

Direct Customer Interviews/Calls

Usage Data & Analytics

Input from Sales/Support Teams

Gut Feeling/Founder Vision

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Anyone interested in the HRMS product to sell service it company, hospital, any Wearhouse ?

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How can entrepreneurs validate their product ideas in a way that ensures they are launching a solution that truly meets the needs and desires of their target market? What steps can be taken to gather unbiased feedback and data to confirm the viabilit

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