Product Management
USP: Unique selling proposition (USP) is the uniqueness of your product either to stand out from the competitors or not to have strong competitors. Proposition means a plan, not a single activity. Consequently, USP can be uniqueness in reaching to the customer, developing a product, delivering a product or best price for the customer. See here how ...
I have attended as a speaker for a startup conference recently, few people were asking me about how to build core team, I thought it is worth to write an article about it. Core team plays a vital role in any organization. I would say the only asset for a startup is the team. 1.Passion towards startup: Everyone is ready ...
Why does every entrepreneur need funding from outside of his pocket? Can't he arrange himself to do business? However, there is a little difference between business and startup. The startup is building from scratch with a lot of uncertainty; You need to wait years together to be built and generate returns. Unfortunately, sometimes you may end up shutting down with ...
To my knowledge, a bad product with good customer care may work, but a good product with bad customer care will definitely fail. Every customer knows that a seller keeps some profit margin. However, why do they pay for it? Their exception is Service Quality Uniqueness 'Customer care' is getting transformed day by day based on customer ...
What is a business? What are basics of business? To my knowledge business is an exchange. How did we get our daily needs or goods in olden days when there is no currency? By exchanging goods or services each other. However, how to measure the exchange? How to balance it between two parties. Well, it is a ...
Define Entrepreneur: How to define an entrepreneur. For instance, Let's take a kingdom which is getting ready for a battle. What is the fundamental force every king should have? An Intelligent minister who should plan a strategy and act as an adviser to win the battle. A Bishop who should have a healthy body and capable enough to ...
How does industry-university collaboration work? The service industry is getting cheaper day by day as the majority of the people are interested in offering a service rather than innovation. Why? There are two reasons. Most of the times service can be offered with an individual's skill set for a lower price. Providing service is much easier ...