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Showing posts with the label startup business

How To Hire For Startup Business: The First 5 People You Should Hire!

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  Summary: To turn your small business into a large enterprise, you will need more people. Here are commonly suggested first hires for your business. You created a product or a service. You started your business. You got your first 100 customers and your business started making a little money. Now it’s time to hire the right people to take your business to the next level. Most often entrepreneurs find themselves confused when it comes to deciding who those people should be. While some people take the right step and consult a business coach , others decide to figure it all out by themselves which often leads to a waste of time and money. The people you hire today will benefit your business tomorrow. Though hiring people should depend on your business needs, any employee that you will hire needs to have a set of few qualities- flexibility, passion, and integrity. Hire people who have diverse experience and are capable of hand responsibilities until you expand further. So, star...

7 Secrets To Grow Your Startup Business Rapidly!

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  Summary: There is no sure-shot formula to success. But you can boost your business’s growth with these amazing tips. There is no such thing as overnight success. Yes, you can get viral for a creative post or a thoughtful tweet on social media, but getting success instantly is still not possible. Owning a business gives you a sense of freedom and empowerment. You build things from scratch and watch them grow. But success is not guaranteed! Business owners have to make decisions every day to accomplish their short-term and long-term goals. They have to focus on networking to develop lasting relationships with other entrepreneurs, potential clients, customers, and vendors. But success has no instant formula! Only your passion, determination, hard work, grit, and perseverance can help you to grow your business into a successful venture. Here are seven tips that no one will tell you about: 1.       Hire the Right Staff Before you can think out all the ways t...

Top 5 Investment Lessons from Rakesh Jhunjhunwala for Young Investors

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  Summary: Rakesh Jhunjhunwala is an investor with a midas touch. He is famously known as the Warren Buffet of India. Here are five investment lessons that will turn you into an ace investor.  Want to become a successful investor? Then why not learn from someone who has turned his 5000 rupees investment into INR 39,527 crores. Rakesh Jhunjhunwala, who is popularly known as India's Warren Buffet started trading in the stock market back in 1985 during his college days. At that time BSE Sensex was at 150 points. He started investing with Rs. 5,000 as capital. According to Forbes, his net worth stood at $5 billion (Rs 39, 527 crores), as of July 5, 2022. Rakesh Jhunjhunwala is not only one of the most successful investors in India, but he is also the most trustworthy and sought after by business moguls. If you too want to learn some of the most useful lessons from the stock market, here is a list: 1.       Don't Rely on others Develop Passion For Stock Mar...

जानिए भारत में ज़्यादातर स्टार्टअप क्यों बंद हो जाते हैं

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भारत में लोग दिन प्रतिदिन नए स्टार्टअप आइडियाज लेकर आ रहे हैं। हर कोई स्टार्टअप करना चाहता है , हर कोई अपने स्टार्टअप को बड़ा बनाकर करोड़ों कमाना चाहता है। लेकिन , कड़वी सच्चाई यह है कि यह इतना आसान नहीं है जितना नज़र आता है। मीडिया रिपोर्ट्स की मानें   तो भारत में 90 प्रतिशत स्टार्टअप्स असफल होकर बंद हो जाते हैं | सिर्फ 10 में एक स्टार्टअप ऐसा होता है जिसे सफल कह सकते हैं। ऐसे में सवाल यह है कि ज़्यादातर स्टार्टअप असफल क्यों हो जाते हैं ? NASSCOM की रिपोर्ट के मुताबिक सफल स्टार्टअप के 5 5 फीसदी फाउंडर ने अपनी कंपनी बंद होने के बाद नई नौकरी ज्वाइन कर ली। ये फाउंडर अपनी कंपनी चलाने में तो कामयाब नहीं रहे लेकिन इसकी बदौलत इन्होने नई नौकरी में बहुत ऊंचे मुकाम को पाया। इस मामले में भारत विश्व में तीसरे स्थान पर है। किसी सफल कारोबारी को देखकर हम किसी भी कारोबार को शुरू करने से पहले उसमें सिर्फ अच्छी चीज़ें ही देखते हैं , जबकि बिज़नेस ( Business ) को शुरू करने के बाद ही उसकी सभी चुनौतियां और कमियां पता चलती हैं। आज के इस लेख में हम आपको 3 ऐसे प्रमुख कारण बताएंगे जिनकी वजह से ज़्यादातर ...

फंडिंग लेते वक्त स्टार्टअप को इन 3 बातों को ध्यान में रखना चाहिए

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कोरोना महामारी के आने के बाद से जहां लोगों के दैनिक जीवन पर गहरा असर पड़ा है वहीं नए स्टार्टअप के क्षेत्र में जबरदस्त उछाल आया है। कोरोना काल के बाद से लगातार कई स्टार्टअप शुरू हुए हैं जो आज मार्केट की भीड़ में अपनी एक अलग पहचान बना चुके हैं। कई ऐसे स्टार्टअप हैं जिन्होंने इस महामारी में भी एक अवसर को तलाशा और आज अच्छी फंडिंग लेकर अपने बिज़नेस का विस्तार कर रहे हैं। एक समय था जब स्टार्टअप को फंडिंग के लिए तरसना पड़ता था लेकिन आज बहुत से माध्यम है जिनकी मदद से स्टार्टअप अपने बिज़नेस के लिए धन इकट्ठा कर रहे हैं। लेकिन दूसरा सच यह भी है कि आज इतने ज्यादा स्टार्टअप शुरू हो गए हैं कि उन्हें अपनी पहचान बनाना थोड़ा मुश्किल हो गया है। ऐसे में उन्हें धन जुटाने की अपनी रणनीति को बदलने की जरूरत है। एंजल और वेंचर कैपिटल के लिए कंपटीशन बढ़ गया है। ऐसे में यह सवाल महत्वपूर्ण हो गया है कि स्टार्टअप अपने बिज़नेस ( Business ) के लिए धन कैसे जुटा सकते हैं। अगर आप भी एक स्टार्टअप शुरू करना चाह रहे हैं और फंडिंग से जुड़े सवाल आपके दिमाग में घूम रहे हैं तो आज के इस लेख में हम आपको कुछ अहम बाते बताएंगे जिन...

3 Powerful Strategies That Will Sharpen Entrepreneurial Skills In Your Kids

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  Does your kid have an entrepreneurial spirit that needs nourishment? Here is a recipe to raise tomorrow's successful millionaires. India has emerged as the third-largest startup ecosystem in the world after the USA and China. A country that is producing more than ten unicorns every year is expected to grow remarkably in the next few years, according to Business Standard. So, in a country that shows a tremendous future for upcoming entrepreneurs, will you raise your kids to work for someone else’s dream or do you want your kids to pursue their interests and work independently? With art of parenting , you can now prepare your kids for a brighter tomorrow. If your kid has an entrepreneurial spirit, you as a parent will need to help him develop emotional skills like being comfortable with taking risks, being able to solve problems, and having a good attitude about failing. Not only academic skills but also soft skills are important to encourage social-emotional skills in kids...

Launch Your Startup With These 5 Financial Tips From The Experts

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  According to a report published on Inc42.com in 2016, the primary reason behind many startup shutdowns was due to lack of funding. In 2017 lack of market demand was the primary reason for the startup shutdowns.   Starting your business venture can be a daunting but rewarding process. While a great business plan is imperative for entrepreneurs, financing is one of the most crucial elements that help a startup succeed. Many entrepreneurs often take help from a  business coach  to receive fundraising guidance.   Securing funding to launch a startup can be difficult. More often than not, entrepreneurs use their savings to start their businesses. Another report by NASSCOM states that around 25% of Indian startups shut down untimely due to failure to raise follow-on funding rounds beyond Pre-Series. A good and effective management of finances can make a massive difference between a business that keeps climbing the ladder of success and one that falls at the ...