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- 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
Never stop learning?
The most common phrase you would have heard from people giving you advice during your starting days of being founder of company. The journey before starting you get these advices from mentors or your elders that you should know everything or complete process of your company all by yourself hence they say never stop learning. Its good as they are setting you up with there experiences which is good. Lets understand this with practicality of existence in Startup Company.
If the above statement is to be taken directly in its meaning with connect to the scenario of you being a founder its like you need to learn good command over English as you need to write good pitch deck and present yourself or its like you should be English master graduate to start a laundry services startup.
Lets looks the reverse way you are masters in English and starting laundry services so does that mean you need to become a washer man as you are starting laundry services startup.
Its like pilot only can start an airline company or you need to be pilot to start airlines.
With this context then does it mean that the above statement is irrelevant no it is not but the context in which it needs to be taken makes lot of difference? Lets understand better.
The above statement is to give you understanding to now the process of what you are going to start as this will help you in thinking if there is a problem in any part of your startup which is affecting the growth so that you can use your knowledge to rectify or to make course correction.
The actual context is for example you started laundry services then the above statement is that you should know how the industry works and how the washer man works his nature, his thought process, how to find people and how to solve troubles you don’t have to taste wine to sell wine, but need to everything about people who are going to drink wine.