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Ankit

Next billionaire 💫 • 11m

, lets plan the steps for creating a startup and contacting Mr. Tata, Look for a problem people are facing maybe regarding specific task or on a daily basis. Make sure it is a very unique problem. Create a solution - Try the Solution - Look for loopholes Make sure you repeat the point 2 till you have enough responses to your loopholes. Create a strong team with people preferably from different backgrounds. Conduct a market research, starting from your friends and family. Make a business plan around your solution. It should include you Market strategy, revenue model, projections etc. Create a MVP (Minimum Viable Product), a basic working model of your product or service. Do not wait for the final product to get ready. Jump into the market and start doing business. When you will gain feedbacks from the market, keep evolving your product and keep increasing your traction.

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