Is it a good idea to start something around ecommerce when other ecommerce companies like flip kart, amazon myntra etc are not profitable... Will it get any funding if we start something now like a very unique discovery based ecommerce app.
Anonymous 3
Stealth • 9m
Too cluttered. Less chances of success unless you find a differentiator.
0 replies
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MK
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If you are building a lifestyle brand,
Never introduce more and more products unless you find a product-market fit.
Also, if the positioning is premium, you need to have gross margins of 70%+.
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Hathoda Tyagi
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So according to Blume Venture guy, 100% chances of success if founder is from IIT/IIM/BITS/ISB.
They have burning passion.
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Educational content aims to enhance the quality of information.
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I believe that instead of always trying something entirely new, it’s better to approach what you already have in a new way.
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Ashutosh singh Parihar
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In India ,database of patient information will help in accurate diagnosis , efficient treatment , better prognosis ,less chances of error and even predicting the future Healthcare issues .
starting a company who does this will be medical unicorn 🦄.
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Shazam
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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.
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• Resell textbooks
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What Defines Success? Education vs. Financial Stability ✨
In today's world, we often measure success in different ways. Here's a scenario for you to consider:
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Why people are not talking about food industry and hard tech ?
Every single person is discussing about
Ai and saas even we all know that this space is too much cluttered and there are rarely few gaps also that gaps never provide you huge money for
"When judging others, attributing success to luck makes you look jealous and mean, even if we know it exists. And when judging yourself, attributing success to luck can be too demoralising to accept."
Morgan Housel, The Psychology of Money
