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Shivam Singh

"Igniting My Startup... • 5m

Hey, I'm really sorry, but I can't explain this with just one image. There's a 1.3-hour video that goes deep into the topic, and it’s truly valuable, especially if you're starting a startup. The idea it explores is about copying successful concepts from the West, like Amazon and Flipkart, or Uber and Ola. When you launch a startup based on an existing idea, the "gain and pain ratio" becomes crucial. If someone else is already serving this idea, why would users pick your service over others? The video explains that if you’re entering an established space, you need to ask: What unique value will I add? How can I ease user pain points better than existing options?

0 replies1 like

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Shivam Singh

"Igniting My Startup... • 5m

the gain/pain ratio

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Anonymous

hey anyone know about the gain/pain ratio

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last month earning ratio and this month's earning ratio are very attractive. if you want to learn and earn connect me on medial

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If someone wants to start a business, but the idea already exists, how can they create an alternative and outcompete the existing one?

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Radha

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To protect the product idea from copying (Mobile app) which would be better Patent, copyright ?

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KRISHPATEL

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Copying someone's idea and implementing is not innovation therefore it's not a startup it is business and business run on profits not revenue.

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