Back

Ankit

Next billionaire đŸ’«Â â€ąÂ 6m

, 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.

0 replies3 likes

More like this

Recommendations from Medial

Image Description
Image Description

Vishu Bheda

 ‱ 

Medial ‱ 1m

Steve Blank explains the Lean Startup methodology Startups are not like big companies. Big companies follow proven plans, but startups are looking for a plan that works. Steve Blank says the biggest mistake founders make is thinking their busines

See More
19 replies48 likes
36
Image Description
Image Description

Startup Savvy

Entrepreneur is What... ‱ 12m

Fundamentals of Business 1) Vision Mission :- Company should be clear about their vision 2) Market Analysis :- Analyse the Market Conditions to launch your product 3) Business Model :- Create Best Business Model according to your company 4) Marketin

See More
2 replies13 likes
3
Image Description
Image Description

Desi Founder

Founder Interviews @... ‱ 2m

The Secret Blueprint of Every Successful Startup (Part I) 1. What's your Million Dollar Idea/Product? 2. Identify the Problem, Create the Solution! 3. Your Why is Your Strength! 4. Proof is Power! 5. Know Your Audience, Win the Market! 6. Think Big,

See More
8 replies14 likes
12

Payal Manghnani

#uiux designer #free... ‱ 4m

The Best Copywriting Frameworks for Each Medium Ads → PAS (Problem-Agitate-Solution): Ads work best when you show a problem, make people feel it (agitate), and then offer a solution. 2. Landing Pages → AIDA (Attention-Interest-Desire-Action):

See More
0 replies1 like
Image Description

Mridul Das

Introvert! ‱ 20d

If you want to execute your plan, Create Urgency in Your Life. If you feel stuck, create your own deadlines. Make it urgent. The moment you add urgency to your plans, they transform. Don’t wait. Time is the one thing you can’t control, so make

See More
1 replies22 likes
6
Image Description
Image Description

Sairaj Kadam

Entrepreneur |Founde... ‱ 5m

How many of you believe that every problem has a solution? I certainly do, but many people don’t. I've seen this since I was a kid—people often think there's no way out when challenges arise. The truth is, every problem has loopholes if we take the

See More
3 replies3 likes
Image Description

SHIV DIXIT

CHAIRMAN - BITE INDU... ‱ 11m

★ Top 10 point for making any startup successfull 1=} Identify a Problem =} Find a pressing problem or need in the market that your startup can solve 2=} Develop a Unique Solution =} Create a product or service that addresses the identified problem

See More
5 replies9 likes
2
Image Description
Image Description

Vikas Acharya

Building WelBe| Entr... ‱ 27d

Smart brands know a secret: People don't buy on price, they buy on perceived value. Here's the winning formula: 1. Tap Into Dreams: Understand your audience's aspirational self. What do they want to look like, feel like, be like? Align every product

See More
7 replies6 likes
Image Description
Image Description

Startup Savvy

Entrepreneur is What... ‱ 1y

The Most Important Thing about Starting a Business is about Market Research Entrepreneur should have knowledge about the market Q1) What is the Total Addressable Market Size ? Q2) Is the Industry a Sunrise or Sunset ? Q3) Is their need for your pro

See More
4 replies20 likes
2

Raj Pareta

Explorer ‱ 5m

đŸ€”Most of the people find the idea for startup but get stuck at what to do after Here are some steps to take if you get an idea :- 1) Reaserch and ask people for review Reaserch about the total market value your competitors and the competitors prod

See More
0 replies3 likes

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