CA inter • 1y
Why do you think American startups/businesses are more successful than ours? Is it branding, timing or the product?
Hey I am on Medial • 1y
It's not always true. Both have advantages: * USA: Easier startup, funding, global reach. * India: Large market, growing middle class, tech talent. Success depends on the business itself.
Cause Consumer there aren't much price sensitive they are value sensitive and the rest is Demand and Supply, cause good consumer generate good demand that's it, Indians aren't good consumers even 700-800 million Indians aren't even capable of buying things other than food,cloth and house(more specifically rent).
Be real Be you. • 1y
There can be multiple factors for the same :- 1. Americans have more per capita income which signifies more buying power. 2. With small population - startups can easily target them , advertise and capture coustomers. 3. Americans are dumb - as seen in American shark tank people buy anything that's not the case with Indians , we are build different.
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Medial • 1y
- Patient investors - High paying partnership/ads - Spending power is higher
CA Aspirant|Content ... • 1y
I think it's more successful because their economy is more of capitalist whereas ours is a mixed economy.
A passionate entrepr... • 1y
[This post has been deleted by the creator]
☝️ • 1y
the credibility factor also which adds when you say it's from America
Larger audience both online as well as offline, with mixed interests can also be a key factor, finding niche has become a tedious task in itself
Ppeople have disposable income which makes any startup run
Founder & CEO • 1y
Audience is developed.
... • 1y
I think so it's also brand value and community in some cases. As best example is prime. Not so unique but brand value due to Logan Paul and ksi it blows up in market
Mad scientist in Eco... • 1y
Do you think startups in IT sector has more potential when it comes to product based business rather than service based business?
Writing here is my e... • 1y
Startups need two things: timing and tension. If your product isn’t creating tension, no one cares.
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Which type of startup will be more successful in India a service based startup or a product based and why ?
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DO IT. • 22d
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Always open to learn... • 9m
is it true that today most successful startups are majorly run by IIT and IIM graduates?? that means other than that not majority are able to build successful startups??
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