Alright, the dreaded question. What is the difference between a startup and a business?
Ravi Teja Veligatla
Co-Founder, Prasanta...Ā ā¢Ā 7m
Startup solves a new problem operating in highly uncertain environment. Business is just replicating existing solutions with better offerings and focus on more profitability.
What excites you most about AI in problem-solving?
1ļøā£ Creating new solutions for real-world problems
2ļøā£ Enhancing and optimizing existing solutions
3ļøā£ Not sure, but AI's potential is intriguing
Profitability Metrics
These are the stages of profitability every founder should be familiar with (Refer the table below)
In the beginning, Start with Contribution margin (CM)- measure if your revenue covers variable costs.
Next, target transacti
Startup Blueprint - Day 03
Define Your Unique Value Proposition (UVP)
1. Problem-Solution Fit: Clearly define the problem your product or service solves.
2. UVP Statement: Craft a concise statement that communicates your unique value to customers.
Porter's Five Forces Analysis
Porter's five forces framework is a method of analyzing the competitive environment of a business.
The five forces are:
1] Competition: Intensity of rivalry among existing competitors, influencing pricing, profitabil
Every entrepreneur has two choices:
1. Carry the weight of existing solutions and try to fit in.
2. Redefine the problem and create a new solution.
Most choose the first path, hoping to succeed by tweaking what already exists.
But real innovation?
Most SaaS companies spend 90% of their resources trying to acquire new customers, but only 10% on retaining them.
Surprising, right? š
ā Your most valuable sales reps are your current satisfied customers.
ā Retention boosts profitability by 25-95%
Breaking news: Zoho has launched Zoho Payments, a new platform designed for B2B transactions.
This service aims to streamline online payments for businesses, allowing them to manage transactions efficiently.
Zoho Payments integrates with existing
This proposal outlines a "Chill-as-a-Service" model, offering advanced refrigeration and cold chain solutions to Indian dairy processors.
We address the critical need for efficient and reliable cold chains to minimize milk spoilage and maintain quali
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Arcane
āāāāāĀ ā¢Ā 9m
In the initial years when capital was limited, Meesho primarily functioned on a reseller model. Resellers would find products on Meeshoās platform, add their markup and then sell them on social media platforms. This highly ASSET LIGHT model, helped M
Why startups often fail, based on your observations and expanded with practical reasoning:
1. Not Solving a Genuine Problem
- Many startups focus on trendy ideas instead of addressing real, everyday challenges. Without solving a core pain point,
