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Raju

Hey I am on Medialย โ€ขย 10d

If you have ideas but lack the funds to launch a startup, the first and most important step is to conduct a quick and thorough market inquiry. Understand the current market conditions, identify what businesses are performing well, and analyze where you can create an impact. Do not focus on inventing something entirely new. Instead, build on existing and proven business models and introduce innovation within them. For example, even when giants like Swiggy and Zomato were dominating the market, new platforms like Zepto emerged and succeeded. Several smaller companies already existed, yet Zepto managed to grow rapidly because it understood customer habits and improved on what people were already used to. The key is to identify services that are already part of people's daily routine and create better, faster, or more convenient solutions around them.

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