Early Stage Startups
Gone are the days of throbbing in your own shell of convenience when the world outside is bursting with smart businesses each day.
Whether big or small, the trend of choosing the entrepreneurial path with massive knowledge and resources in hand is spreading all across the world. With the startup culture mushrooming at every nook and corner of the nation, multiple opportunities in almost every field are popping up every single day and People are toiling hard to make the most out of these opportunities but Startup doesn’t get successful just like that rather demands for insane hard work, determination and strong will power. You need to meticulously chalk out every aspect of your startup contemplating its pros and cons.
Before shouting your business to audience outside,
- First focus on the solution customers actually want to fulfill their needs. It’s hard to find consumers willing to pay for something that doesn’t solve their problem. Your product should have a unique selling proposition, which exploit a key consumer need in a creative way while keeping the cost low against your competitors. Don’t run for profit, once your idea has a real solution, profit will run after you.
“No growth hack, brilliant marketing idea, or sales team can save you long-term if you don’t have a sufficiently good product.”
–Sam Altman, president of Y Combinator and co-founder of Loopt
- When your startup has already been launched, instead of overtly focusing on raising funds, look for ways to increase your revenues. In rush to raise money too soon can be detrimental to the health of your company in long run as more money you will borrow, more the liabilities will be charged on you.
- Networking is an important aspect while marketing your early age startup. A single coverage by a journalist won’t do wonders for you so, engage in various events and make contacts with already established companies, Internet marketing could work very well at this stage.
- Many startups commit the mistake of launching their startups on a global scale at a very early age only. They should rather aim to dominate small markets first while marketing their brand over multiple marketing platforms including both offline and online. It’s good to keep a global mindset but launching on a global scale at the beginning only won’t be a great idea.
“Pick a good market. The idea for approaching that market may change, but find a meaty problem to solve. You can try to attack it a bunch of different ways. Don’t be too narrow.”
-Caterina Fake (Founder / Flickr)
India is soon going to entitle as a startup nation, which would scribble the success stories of startups booming in India and the potential of this culture to the young future world.
Today’s minds have a voracious appetitive for new ideas and Solutree prepare the best meal of creative solutions for them. Don’t prick the bubble of your entrepreneurial idea but call our best tech minds sourced from different fields. We are all set to align our resources with your business needs and give you an ideal solution.