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AprameyaAI • 1y

The dust bitter gennie! 🧞 Short Case study SchoolGennie, launched in 2013 by Pradeep Goyal, aimed to revolutionize school management in India 🫣 It crashed and burned within a year, Why? 1. No Market Validation: They didn’t check if anyone actually needed their product. 2. Visionless: Lost sight of goals, no clear metrics or strategies. 3. Perfectionism: Spent forever perfecting, never launched early to test. (Unstoppable Marry-go-round) 4. Copycats: Mimicked competitors, failed to stand out. 5. Resource Wastage: Spent on fancy office stuff instead of talent. In short, they misunderstood the market, had no clear plan, launched too late, lacked uniqueness, and mismanaged resources Are you validating your market or just winging it?

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Gautam Ambani

Money Magnet • 1y

Bhai ese projects to hum clg ke sem 1 me banate the 😂😂

Anonymous 3

Hey I am on Medial • 1y

Exactly why I want a TINY seed round, build a bare-bones MVP, get it in the hands of potential users, and focus all our energy on iterating based on feedback before ever trying to scale up. So many lessons from SchoolGennie on doing it backwards.

Anonymous 2

Hey I am on Medial • 1y

I feel for the founder(s) because we've all been tempted to dive into perfectionism and overengineering rather than getting something out there to test the waters. But not validating demand from the get-go is a rookie mistake they should've known better than to make, especially in a space as critical as edtech.

Anonymous 1

Hey I am on Medial • 1y

Ouch, that's a brutal reality check on the pitfalls that can sink even a well-intentioned startup like SchoolGennie. No market validation is startup execution 101 - you have to deeply understand if there's actual demand for your solution before overbuilding the product. Reminds me of those Startup Bedtime stories...

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