It is advised in business that " differentiate first your product or service and then scale later".
Because after scaling if we want to differentiate then it is tough and if we scale without differentiation then there is lot of cashburn required.
I think we should copy Oyo this time because unmarried couples are not allowed in Oyo but we can open a hotel in which 18+ couples can stay And we can also differentiate the rates within it, like if Oyo's per hour is 500 then we will keep it for 300
Faced this question from a VC.
How would you differentiate in the market?
Context:
We are currently building a product with a few small incumbents (start-up) who are not big. How do I differentiate if vision for everyone is similar.
What would mak
someone suggested me that if I plant only one type of crop in a large scale then there's a risk of loss but if I plant different crops in a large scale then the risk of loss would decrease. what are your thoughts on it? is this true?
If we launch a FREE startup consultancy,
for Scaling, Unit Economics and Other Numbers, Budgeting etc.
Then would you like to get consulting directly from me.
I would like to know, if the answer will be yes, above 75%.
