13May 2018 by Admin 22 Comments
18 Enablers of Startups

18 Enablers of Startups

Start-Up
Building a Start-up is like throwing the ball at a distance target. The odd that you will hit the target will be higher is you know the correct direction to throw. While running a business most of the time we play blind.  An enablers always come to rescue the start-ups at the time of such blind games. In general there are 18 enablers in startup environment which are grouped under 6 categories . Customers A customer is always looking for those products which haven't yet delivered. The size of market should match with the ability of startup to deliver the products. Unmet Need:-  Best Opportunity come from helping the customers. Find a problem that is not yet solved, where the customer is in need, they do pay for solution. Right Size…
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26Oct 2017 by Admin 3 Comments
The Build-Measure-Learn Loop

The Build-Measure-Learn Loop

Start-Up
Most new businesses fail. But most of those failures would have been preventable if the Lean Startup methodology had been followed. In this post, we will discuss the build-measure-learn loop from "The Lean Startup" book written by Eric Ries. Introduction The Build-Measure-Learn cycle is a feedback loop that is said to be one of the core components of the Lean Startup methodology. Its goal is to turn uncertainties, assumptions and risks into knowledge or “sure things” that will eventually guide organizations and business towards progress. Through this process, the key unknowns can actually be transformed into knowledge that the startup can use in its product development – and business operations, as a whole. This whole process can also be called an experiment. In order to understand how the Build-Measure-Learn cycle…
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