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Business is not about selling products and earning profit It is about understanding emotions of your customer then their problems and then giving them a solution of your profit

Understanding Value Creation and Customer Needs 1. What is Value Creation? Definition: In business, value creation means providing products or services that solve a problem, fulfill a need, or deliver a benefit to your customers. Key Question: How

I recently listened to a fantastic podcast featuring Mr. Sanjeev Bikhchandani with Akash Gupta a true inspiration to me. In the podcast, Mr. Bikchandani identified three key qualities for successful founders: * Understanding Customer Needs: Founder

Building a successful startup is tough, but avoiding common mistakes can help. This chart highlights the top 10 pitfalls that many founders face—like creating products without a market, poor hiring choices, and lack of focus. Learning from these insi

Entrepreneurs need a diverse set of skills to succeed. Key areas include DATA ANALYTICS for informed decisions, TIME MANAGEMENT for efficiency, and communication for building relationships. CREATIVE THINKING and PROBLEM-SOLVING drive innovation, w

📖 DAILY BOOK SUMMARIES 📖 🚀 15 Lessons From 👉 🔥 The Personal Mba 🔥 ✨ By Josh Kaufman ✨ 1. Value Creation • The book emphasizes that the primary goal of any business is to create value for customers. Understanding your customers' needs a

What are the key elements of a successful business plan? I want to know your suggestions

𝐂𝐚𝐬𝐡𝐢𝐟𝐲'𝐬 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐢𝐧 𝐑𝐞-𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 Cashify, an Indian re-commerce startup, excels by simplifying the sale of used electronics. Its success lies in removing clutter from people's lives, streamlining the resale process, and bui

📖 DAILY BOOK SUMMARIES 📖 🚀 12 Lessons From 👉 🔥 Business Model Generation 🔥 ✨ By Alexander Osterwalder ✨ 1. Customer Segments: • Identifying the different groups of people or organizations a business aims to reach and serve • Importanc

You don't necessarily have to be absolutely competent in solving customers' problems to earn a good amount of money; all you need is to be a little intelligent in understanding how the fundamentals of money and business work in relation to the custom