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 ...
Basics of business which every startup guy should know
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 ...
How industry university collaboration help startups
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 ...
9 Authentic reasons why startup fails normally
Why does startup fail? Why is the rate of failure consistently high? Every startup is unique, and its problems are also unique. I would like to list few common problems in this article why startup fails generally? 1.Why startup fails-Losing focus: Generally, traveling on a bumpy road is risky and tiresome. For instance, a long journey where You ...
Burn to learn is the only way to know about startups?
About startups: I have been observing that few entrepreneurs are getting demotivated after a failure. Apparently, they are getting frustrated as they burned a lot of money. I thought let me contribute something from my end to motivate about startups and reality. To my knowledge, entrepreneurship is not a skill set to learn, it enables and sharpens ...
How to build a brand in initial days of your startup to establish
How to build a brand, what is branding? The brand is the make of a product; branding is the reputation of that make. However, the word BRAND has its significance because brand means grand in people's mind. For instance, we look at MacDonald's or Subway logo instead of looking for an EXIT to stop and refresh in ...
What makes startup ecosystem thrive
What is startup ecosystem? An ecosystem where It works as an encyclopedia for a budding entrepreneur. An entrepreneur who has a failure tag should survive proudly with numerous opportunities. If these necessary things got fulfilled, we can call it as a perfect startup ecosystem. Is it happening? If not happening who should be responsible? Think about it. To ...