The majority of the founders would like to know about SWOT just before writing a business plan, hope this article should help their life easier. Conducting a SWOT analysis of your business is a good exercise. It won’t take much time. However, it is worth to perform and doing it, let you think about your ...
How to dilute equity for founders and core team
The majority of founders have a hard time to allocate equity for co-founders and core team. I know how difficult it is because I am facing a hard time to dilute equity for new ventures I am working on. I personally feel, if a core member performance is great, loyal, reliable and passionate towards a ...
5 Tips for small business to compete with big brands
Small business is very precious. Entrepreneur's dreams and their memories usually connect with a small business. Few companies have uniqueness in the product itself and few may not. We always have space to start a new business in few sectors like food, apparels and so on, though big players dominate the market. Consequently, how can you keep ...
What is Unique selling proposition why does startup need it
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 ...
7 Steps to build right core team for your startup
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 ...
Basics of funding every startup guy should know before raise
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 ...