Hello Friends! I am a handcrafted jewelry designer selling my work via www.triptixclusive.com
If anyone of you out there who has marketing expertise can help me with unique ideas which I can implement for my products on both online and offline market portals
Note :- looking for ideas with least/minimum financial investment possible.
57 startup lessons
– If you cant get to ramen profitability with a team of 2 4 within six months to a year, somethings wrong. (You can choose not to be profitable, but it must be your choice, not something forced on you by the market).
– Split the stock between the founding team evenly.
– Always have a vesting schedule.
– Make most decisions by consensus, but have a single CEO whose decisions are final. Make it clear from day one.
– Your authority as CEO is earned. You start with a non-zero baseline. It grows if you have victories and dwindles if you dont. Dont try to use authority you didnt earn.
– Morale is very real and self-perpetuating. If you work too long without victories, your investors, employees, family, and you yourself will lose faith. Work like hell not to get yourself into this position.
– Pick the initial team very carefully. Everyone should be pleasant to work with, have at least one skill relevant to the business theyre spectacular at, be extremely effective and pragmatic. Everyone should have product sense and a shared vision for the product and the company.
– The standard you walk past is the standard you accept. Pick a small set of non-negotiable rules that matter to you most and enforce them ruthlessly.
– Fire people that are difficult, unproductive, unreliable, have no product sense, or arent pragmatic. Do it quickly.
– Some friction is good. Too much friction is deadly. Fire people that cause too much friction. Good job + bad behavior == youre fired.
– If you have to give away more than 15% of the company at any given fundraising round, your company didnt germinate correctly. Its salvageable but not ideal.
– If you havent earned peoples respect yet, fundraising on traction is an order of magnitude easier than fundraising on a story. If you have to raise on a story but dont have the reputation, somethings wrong.
– Treat your fundraising pitch as a minimum viable product. Get it out, then iterate after every meeting.
– Most investor advice is very good for optimizing and scaling a working business. Listen to it.
– Most investor advice isnt very good for building a magical product. Nobody can help you build a magical product thats your job.
– Dont fall in love with the fundraising process. Get it done and move on.
– The best products dont get built in a vacuum. They win because they reach the top of a field over all other products designed to fill the same niche. Find your field and be the best. If there is no field, somethings wrong.
– Work on a problem that has an immediately useful solution, but has enormous potential for growth. If it doesnt augment the human condition for a huge number of people in a meaningful way, its not worth doing. For example, Google touches billions of lives by filling a very concrete space in peoples daily routine. It changes the way people behave and perceive their immediate physical surroundings. Shoot for building a product of this magnitude.
– Starting with the right idea matters. Empirically, you can only pivot so far.
– Assume the market is efficient and valuable ideas will be discovered by multiple teams nearly instantaneously.
– Pick new ideas because theyve been made possible by other social or technological change. Get on the train as early as possible, but make sure the technology is there to make the product be enough better that it matters.
– If there is an old idea that didnt work before and there is no social or technological change that can plausibly make it work now, assume it will fail. (Thats the efficient market hypothesis again. If an idea could have been brought to fruition, it would have been. Its only worth trying again if something changed.)
– Educating a market that doesnt want your product is a losing battle. Stick to your ideals and vision, but respect trends. If you believe the world needs iambic pentameter poetry, sell hip hop, not sonnets.
– Product sense is everything. Learn it as quickly as you can. Being good at engineering has nothing to do with being good at product management.
– Dont build something that already exists. Customers wont buy it just because its yours.
– Make sure you know why users will have no choice but to switch to your product, and why they wont be able to switch back. Dont trust yourself test your assumptions as much as possible.
– Ask two questions for every product feature. Will people buy because of this feature? Will people not buy because of lack of this feature? No amount of the latter will make up for lack of the former. Dont build features if the answer to both questions is no.
– Build a product people want to buy in spite of rough edges, not because there are no rough edges. The former is pleasant and highly paid, the latter is unpleasant and takes forever.
– Beware of chicken and egg products. Make sure your product provides immediate utility.
– Learn the difference between people who might buy your product and people who are just commenting. Pay obsessive attention to the former. Ignore the latter.
– Product comes first. If people love your product, the tiniest announcements will get attention. If people dont love your product, no amount of marketing effort will help.
– Try to have marketing built into the product. If possible, have the YouTube effect (your users can frequently send people a link to something interesting on your platform), and Facebook effect (if your users are on the product, their friends will need to get on the product too).
– Watch Jiro Dreams of Sushi, then do marketing that way. Pick a small set of tasks, do them consistently, and get better every day.
– Reevaluate effectiveness on a regular basis. Cut things that dont work, double down on things that do.
– Dont guess. Measure.
– Market to your users. Getting attention from people who wont buy your product is a waste of time and money.
– Dont say things if your competitors cant say the opposite. For example, your competitors cant say their product is slow, so saying yours is fast is sloppy marketing. On the other hand, your competitors can say their software is for Python programmers, so saying yours is for Ruby programmers is good marketing. Apple can get away with breaking this rule, you cant.
– Dont use supercilious tone towards your users or competitors. It wont help sell the product and will destroy good will.
– Dont be dismissive of criticism. Instead, use it to improve your product. Your most vocal critics will often turn into your biggest champions if you take their criticism seriously.
– Sales fix everything. You can screw up everything else and get through it if your product sells well.
– Product comes first. Selling a product everyone wants is easy and rewarding. Selling a product no one wants is an unpleasant game of numbers.
– Be relentless about working the game of numbers while the product is between the two extremes above. Even if you dont sell anything, youll learn invaluable lessons.
– Qualify ruthlessly. Spending time with a user whos unlikely to buy is equivalent to doing no work at all.
– Inbound is easier than outbound. If possible, build the product in a way where customers reach out to you and ask to pay.
– Development speed is everything.
– Minimize complexity. The simpler the product, the more likely you are to actually ship it, and the more likely you are to fix problems quickly.
– Pick implementations that give 80% of the benefit with 20% of the work.
– Use off the shelf components whenever possible.
– Use development sprints. Make sure your sprints arent longer than one or two weeks.
– Beware of long projects. If you cant fit it into a sprint, dont build it.
– Beware of long rewrites. If you cant fit it into a sprint, dont do it.
– If you must do something that doesnt fit into a sprint, put as much structure and peer review around it as possible.
– Working on the wrong thing for a month is equivalent to not showing up to work for a month at all.
– Dont waste time picking office buildings, accountants, bookkeepers, janitors, furniture, hosted tools, payroll companies, etc. Make sure its good enough and move on.
– Take the time to find a good, inexpensive lawyer. It will make a difference.
– Do everything you can not to attach your self esteem to your startup (youll fail, but try anyway). Do the best you can every day, then step back. Work in such a way that when the dust settles you can be proud of the choices youve made, regardless of the outcome.
– Every once in a while, get away. Go hiking, visit family in another city, go dancing, play chess, tennis, anything. It will make you more effective and make the people around you happier.
– Slava Akhmechet
Can someone help, I’m stuck on this for past 2 days!!
We are a finance based start up in Bangalore named Dhanax. We are providing financial services to small & medium enterprises in India . we are tied up with more than 50 financial institutions & NBFCs to help SMEs to get business loan. Initially we are started sales in Bangalore & Ahmedabad. To know more visit our site www.dhanax.in
Who is hiring? (January 2015)
Job related posts needs to added to this thread only.
Go to http://community.blrstartups.com/ and do a job post. It will automatically reflect in this thread, and in the website as well.
The website ensures search traffic, and this group post gives visibility in this group.
Any job posts, not done in the right structure will be deleted without notice. The OP will also be removed from the group as a warning. (they can join again and their request will be accepted.)
What we do What we do
We are India’s safest dating app with over 500,000 happy users. We use advanced algorithms to
make verified singles meet some really interesting people. We are available on Google play, Apple &
Windows store. In just a short span of time, we’ve already achieved remarkable feats and received
numerous accolades including the prestigious ‘GSF Mobile Appies’ award for Best Dating App in India.
Why work with us Why work with us
• Work with some of the brightest minds in the country
• Young dynamic and challenging work environment
• Work on cutting-edge technologies around mobility and big data
• Exponential learning curve!
Senior Mobile Engineer (Android) Senior Mobile Engineer (Android)
Job Description Job Description Description
We’re a small team that’s growing fast and we’re looking for a Backend Software Engineer Backend Software Engineer Backend Software Engineer.
The projects on our plate are amazing, and we’re looking for talented people to meet the
exciting technical challenges we face. If you’re intelligent and highly ambitious, we want to
talk to you!
Also, just FYI, this position is located in New Delhi and we’ll move you here!
What we’re looking for What we’re looking for
• Min 3 years of experience in Android Programming Min 3 years
• Strong knowledge of Java and Android APIs
• 3+ years of experience developing Android mobile applications
• BE/B.Tech/M.Tech in computer science from a top school
• Strong experience with any of the following Object Oriented Languages (OOD)
• Experience with the entire Software Development Life Cycle (SDLC)
• Experience with web services (consuming or creating) with REST or SOAP
• Strong understanding of the Software design/architecture process
• Good communication skills- ability to explain complex technical issues to both
technical and non-technical audiences
Preferred Experience: Preferred Experience:
• Experience developing, maintaining, and innovating large scale, consumer facing web
or mobile applications
• Experience with social, mobile, cloud/SaaS, big data, or analytics
• Familiar with the development challenges inherent with highly scalable and available
• Link of Android applications which the Link of Android applications candidate has developed.
I am working on a website for my small startup setup. Started using weebly for now. But am unable to get around the currency dropdown issue while creating a ecommerce website. Just got stuck there….
a. Has anyone developed an ecommerce using weebly ( to sell in Indian Rupees ) ?
b. How did you integrate payment gateways / carts ?
Need to know if there is any repository of toll and state tax of Indian highways? Any APIs?
Update: got it on http://www.nhtis.org/map.htm
One more question:
Is it possible to get API of the above? Anyone having experience with Gov or NHAI to get APIs?
Anything similar to this for state tax?
Great news for startups!
Aditya Birla Group now dedicates $2 – $10 Million fund for startups.
This mushrooming of food tech startups and hyperlocal delivery statups in India and them getting funded in queue of million dollars says only two things: Indians are hungry and Indians are fed up of carrying their own luggage
Especially college students. They have been living on bread omlette and maggi. No more of that. They have been carrying their dabba from Roorkie to Warangal on Diwali vacations. No more of that either. ‘Enuff is ‘enuff.
Yeah and in future you know what is coming? IndianCooliNo1.com. AirportLuggageCarrier.com. TravelWithoutLuggage.com
My favorite: SellYourLuggage.com – No baggage no worries. Hell yeah, why not
Hi folks! Need some perspective on some things. So I belong to a non-it background profession with ideas to venture into business of services and related commodities. But it is hard to deny the accessibility and affordibilty of an app or website in business in today’s world. So what’s the best course of action for someone like me to transition into a technological platform or go about conducting the business of going online.
Based on requests from many group members, we are starting a thread dedicated to co-founder hiring.
[a] If you’re looking for a co-founder, post it here as comments.
[b] Do NOT comment here for any non co-founder job post. PLEASE. respect time of fellow group members. The ones not adhering to rules will be banned.
This is a very interesting read I found on quora. This has loads of answers to questions that start up enthusiasts want to know. Some great piece of honest advice.
P.S: The answer is a little long but it’s worth the time
#Startups #Flipkart ,#OLA
Is there any scope for multiple players in new age business ecosystem ?
Can we see investors showing interest to build 50-100 Flipkarts or SnapDeals or OLAs etc ?
In Taxi business only Uber and OLA will fight with each other to dominate the market ?
Strongly feel the startup scene is going to drastically slow down in next 2-3 years, if investors doesnt show any interest in allowing multiple players to solve major challenges in huge potential markets like India.
I have started an offline chain of stores in Bangalore catering to women’s ethnic wear with the brand name Diva. The start up is just an year and a half old and has been sustaining on its own now.I have got 5 stores operational now.I am looking out for people who are willing to invest to fuel further growth and expand it. When i say invest it doesnt only refer to funding but other aspects too.
Like adding more stores, ecommerce, branding, pr etc
Inviting you all to a fun networking event – Free Entry
First Come, First Served
We talk a lot about the lack of Startups like Facebook and Twitter emerging from India. Reasons might be a few, and to discuss them, I know this is the right platform.
I run an online portal and to help the creative ideas get some reach, I have decided to feature one CREATIVE idea/Startup everyday. So whoever in this group feels that their startup is something out of the box, please get in touch.
The portal I am talking about, is pretty popular and already in Google News, so you should be pretty confident about getting some nice exposure. I am not mentioning the URL here just to be sure that Admin doesn’t consider this post as a promotional one. Also, there is no financial involved in this transaction.
Please do not message me if you have just another eCommerce website or you are working on just another food delivery app. My main aim is to help the people who need some recognition really for their talent.
Healthy discussions welcome.
Hi Everyone, One of my friends has been running a startup for sometime (3 months) now and has been generating 1.5 lakhs annual revenue. Should he go for Angel funding or Seed funding ? What is usually be the funding amount in both the cases and how much stake do Investors usually take in Angel & Seed round in India?