Lookout for Magnitio...ย โขย 1y
Hey Adtiya, I'm a recent graduate from IITGN and currently developing a new sensor device for a electronic hardware product (imagine a new class of Tablet devices) but the problem boils down to unit economics. See with the customisation I'll require to integrate the sensor device (applying for a provisional patent rn) into the existing tablet designs is a lot and initially coming up with a unit economics that makes sense for anyone to buy doesn't make sense, else I might have to start selling the product initially at a loss, now granted in the long run, this makes it profitable but how do I start? How do I even start building the first 10 pieces? I have identified and surveyed the market and it is very promising but building the first 5 to 10 pieces....this is where I am stuck. Any advice on how to go about this problem?
Director & CEO @ Exc...ย โขย 6m
Mastering Unit Economics Unit economics isnโt just a metricโitโs your startupโs financial DNA. It reveals whether each customer adds value or drains cash. Hereโs how to build your unit economics from scratch: 1. Define Your Economic Unit What drives
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Director & CEO @ Exc...ย โขย 6m
Decoding Unit Economics for Early-Stage Startups Unit economics is your startupโs compass. It tells you if scaling will make you richโor broke. Hereโs how to decode it, step by step: 1. Define a Unit: This could be a customer, order, or subscriptio
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Director & CEO @ Exc...ย โขย 5m
Pivoting -When do the numbers tell you it's time to drastically re-evaluate your startup's core business model?" Financial Red Flags: Consistently Negative Unit Economics: Losing money on every sale with no clear path to profit? Your Customer Acquis
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Hey I am on Medialย โขย 7m
Raising millions wonโt fix a broken business model. Plenty of startups burn through cash chasing growth, thinking more funding will solve their problems. But if the fundamentals arenโt strong - bad unit economics, no real demand, weak execution - VC
See MoreHey I am on Medialย โขย 1y
Exploring the Musical Typewriter: A Blend of Music and Mechanics Step back in time to 1936 when inventor Robert Keaton patented a groundbreaking device: the musical typewriter. This ingenious gadget was initially equipped with just 14 keys, allowing
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Director & CEO @ Exc...ย โขย 5m
Unlock the secrets of startup success with our comprehensive guide on Decoding Unit Economics! In this video, we break down the critical components that can determine the fate of your early-stage venture. Learn how to define your unit, calculate Cust
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