Back

Vedant SD

Finance Geek | Conte... • 8m

Day 55: BLR Startup Pitfalls: Avoiding Common Traps The Bengaluru startup scene is full of promise, but it's also riddled with pitfalls. Here's how to navigate the challenges: * Market Mismatch: Validate your product-market fit before diving in headfirst. Ensure your solution addresses a real customer need. * Team Troubles: Build a team that shares your vision and values. Avoid hiring solely based on skills without considering cultural fit. * Cash Flow Crisis: Manage your finances tightly. Track expenses, forecast revenue, and secure sufficient funding to avoid cash flow crunches. * Growth Over Substance: Prioritize quality over quantity. Focus on building a strong foundation before scaling too quickly. * Pivot or Perish: Be prepared to pivot if your initial idea doesn't gain traction. Flexibility is key in the startup world. * Ignorance of Law & Regulations: Understand legal and regulatory requirements to avoid costly mistakes. * Neglecting Customer Feedback DYOR 😅

0 replies4 likes
2

More like this

Recommendations from Medial

Image Description

Sandip Kaur

Hey I am on Medial • 7m

Mastering Cash Flow: Simple Strategies for Indian Startups Cash flow can either make or break your startup, and managing it well is critical. Here are some practical tips to help your startup thrive financially: 1.Separate Business and Personal Fina

See More
1 replies4 likes

Vikas Acharya

Building WelBe| Entr... • 6d

The A-Z Survival Guide to Entrepreneurship! C – Cash Flow Profitability sounds great, but if you run out of cash, your business dies—no matter how good your idea is. I learned the hard way that revenue doesn’t equal survival. Managing cash flow is

See More
0 replies4 likes
Image Description
Image Description

Karthik Sreedharan

Fintech CEO | Revolu... • 1y

Cash flow management and control is one of the biggest pain points of startup founders, stakeholders and CFOs. Would you like try out an AI Copilot that enables you manage and control your cash flows and manage your finance team through approval work

See More
11 replies14 likes
Image Description
Image Description

Comet

#uiux designer #free... • 5m

5 Common Mistakes First-Time Startup Founders Make Starting a business? Avoid these pitfalls: 1️⃣ Hiring full-time too early – Wait until you have product-market fit. 2️⃣ Ignoring offshore talent– Save money without sacrificing quality. 3️⃣ S

See More
3 replies7 likes
1
Image Description
Image Description

Abhirup Seven

Entrepreneur! • 5m

#1 mistake to avoid while making a pitch deck for your startup!

8 replies13 likes
16
Image Description
Image Description

Mayank Kumar

Strategy & Product @... • 9m

The Role of Mentorship in Startup Success Mentorship can be a game-changer for startups. Experienced mentors provide guidance, open doors to new networks, and offer invaluable advice. Whether you're a seasoned entrepreneur or just starting, seek o

See More
3 replies6 likes
Anonymous
Image Description
Image Description

What is your thoughts about can pivot revive the Byjus? Which steps important to follow this phase of startup?

7 replies13 likes
Image Description
Image Description

Acevolt

ENGIPRENEUR's • 11m

How the loss making start up manages their cash flow, how this type of startup survive ? How investors still invest ? (Flipkart reported a loss of over 48 billion Rs in the year 2023 in India).

4 replies8 likes
Anonymous
Image Description
Image Description

CEO iQ ( Decision Making Test ) Here are some decision makings challenges for you Mr CEO 1=} Scaling vs. Profitability: You have limited resources and can either focus on scaling your business rapidly to capture market share or on reaching profi

See More
3 replies4 likes
2

Maniraj N G

Marketing & Systems ... • 3m

📊 Why Revenue Modeling is Critical for Your Business – Backed by Data 📊 Revenue modeling isn’t just a forecasting exercise – it’s a roadmap for growth, stability, and innovation. Here's why it matters, with data to back it up: 1️⃣ Predicts Future

See More
0 replies1 like

Download the medial app to read full posts, comements and news.