- About us
- How to start business
- What are key performance indicators of Business?
- Key things to consider for expansion Globally?
- Key problems in Manufacturing Industry
- Problems of Startups
- What is Business Plan?
- Case Study
- Pricing Details
How to get startup ideas?
Have you every wondered as how come there are so many startups working on so many ideas and next questions is how come these startups got idea and why isn’t you got one to start.
When you see new startup with new idea being implemented and you come across it is where you think why didn’t this idea come to me.
Well the answer is simple the basic germinating seed for idea is the problem that is present and solution that can be devised to overcome the problem is the base from where all startups arise.
Then you also see lot of startups whose ideas brought down the startup the reason being the only scale of validating a idea is based on the implementation and results that arise out of it. In simple terms like reading well for exam but end of day results matter, just by reading you do not get good grades.
The same thing applies to idea as every idea may be good or bad only results will decide the fate if things go well you will get good stories and when things go bad no one wants to talk about it.
One more observation has been seen that when one startup starts to make some traction and people talk about it then you have herd of entrepreneurs doing the same thing with little tweak and saying my idea is different, remember mushroom groom after rains but not in summer.
Solving a problem is it good enough to get a idea then look at so many startups that got funded and still had to shutdown
The best way to filter problem is to first understand who will take the solution I am trying to provide for the problem will I have people buy it will there be takers for the solution that I am trying to provide.
Then do write the financial viability to understand the cost involved to start and you getting clarity on revenue model that you are planning to implement the financial viability will give you clarity on various aspects which will help you either in shutting down the idea or going ahead with small steps to implement the idea.
Trying to learn entrepreneurship is not the right way by seeing success stories and how things changed yes its good to give you clarity and prepare you mentally but entrepreneurship is best learnt by doing it