The Startup Journal - Indian Startup Stories, News, Resources, Interviews http://www.thestartupjournal.com Sat, 23 Aug 2014 18:26:27 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 How Hard Is It To Get A Job At Google? [Startup Infographics] http://www.thestartupjournal.com/how-hard-it-is-to-get-a-job-at-google-startup-infographics/ http://www.thestartupjournal.com/how-hard-it-is-to-get-a-job-at-google-startup-infographics/#comments Sat, 23 Aug 2014 18:15:09 +0000 http://www.thestartupjournal.com/?p=923 Everyone knows that Google is the search giant and hires the best possible candidates for the company. Many of us dreamed about working at Google. But what does it take to get a job at Google? How hard it is to be selected for it? Does your college percentage or high qualification really matters when […]

The post How Hard Is It To Get A Job At Google? [Startup Infographics] appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
Everyone knows that Google is the search giant and hires the best possible candidates for the company. Many of us dreamed about working at Google. But what does it take to get a job at Google? How hard it is to be selected for it?

Does your college percentage or high qualification really matters when applying for the search giant?

Did you know?

It takes an average of 37 days to complete an interview process at Google  with about 5 interviews?

How Hard It Is To Get A Job At Google

How Hard It Is To Get A Job At Google

The post How Hard Is It To Get A Job At Google? [Startup Infographics] appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/how-hard-it-is-to-get-a-job-at-google-startup-infographics/feed/ 0
Jack Of All Threads – India’s First Crowdfunding Platform For T-Shirts http://www.thestartupjournal.com/jack-of-all-threads-indias-first-crowdfunding-platform-for-t-shirts/ http://www.thestartupjournal.com/jack-of-all-threads-indias-first-crowdfunding-platform-for-t-shirts/#comments Tue, 19 Aug 2014 07:57:45 +0000 http://www.thestartupjournal.com/?p=908 Jack of all Threads is India’s first platform to crowdfund t-shirts.  JoaT makes it super-easy for absolutely anyone to make money by designing and selling t-shirts online, 100% free of cost, using the power of crowdfunding technology. Raisers design their t-shirts in minutes using JoaT’s online Designer and set their own selling price. JoaT handles […]

The post Jack Of All Threads – India’s First Crowdfunding Platform For T-Shirts appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
Jack Of All Threads – India’s First Crowdfunding Platform For T-Shirts

Jack of all Threads is India’s first platform to crowdfund t-shirts.  JoaT makes it super-easy for absolutely anyone to make money by designing and selling t-shirts online, 100% free of cost, using the power of crowdfunding technology.

Raisers design their t-shirts in minutes using JoaT’s online Designer and set their own selling price. JoaT handles the production, distribution, payment collection and customer support and transfers the profits to the Raiser. Best part, the Raiser pays NOTHING– all costs are transferred to the buyers.

Founders, Jack Of All Threads

Founders, Jack Of All Threads

Founded by four young minds Yash Vardhan Kanoi, Pratibha Nair, Akash Datta and Apoorvaa Agarwal, the startup is based on Bangalore. It was started 2 years back in July 2012, while all of the founders were still in college. Two of them were studying in Bangalore and two in Singapore.

They started with regular bulk t-shirt printing for colleges. Very soon after the startup took a social spin and allowed all buyers to donate an extra few rupees per t-shirt to a cause. JoaT would match their donation, the total amount would go to the cause, and the buyers would get a special symbol of recognition printed on their t-shirt corner.

The idea of the crowdfunding platform came in nearly 2 years ago when JoaT was began trying to help social causes. The founders wanted to print t-shirts for animal welfare, but didn’t know how many people would want it, and were afraid to hold stock ourselves. They initially thought to simply try this via Facebook photos. Many months and much experience later, the startup is helping others deal with the same setback, and with a slightly more sophisticated solution.

The name itself sounds interesting and while asked about the story behind the name the founders share,

“JoaT has been started by students (at that time) who were sick of sitting in classes where they studied just one field. We all had diverse interests and weren’t quite ready to settle for a single label. Jack of all Threads is a private joke to showcase our true culture.”

Recommended Read: Fundlined – Crowdfunding Platform For Bringing Ideas To Reality

The founders have dropped all other plans of the future and are giving their 100 percent to the startup.  They are constantly improving the technology to make the platform more accessible and very profitable for individuals and communities.

 

The post Jack Of All Threads – India’s First Crowdfunding Platform For T-Shirts appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/jack-of-all-threads-indias-first-crowdfunding-platform-for-t-shirts/feed/ 1
GoPaisa – India’s Highest Paying Cashback Portal http://www.thestartupjournal.com/gopaisa-indias-highest-paying-cashback-portal/ http://www.thestartupjournal.com/gopaisa-indias-highest-paying-cashback-portal/#comments Wed, 13 Aug 2014 14:50:58 +0000 http://www.thestartupjournal.com/?p=894 For a country which thrives on bargains and loves to save! Gopaisa.com comes as a relief to all the online shoppers who can not bargain face to face with their online sellers. For the best deals, discounts and a unique concept of added cashback gopaisa.com gives the customers a chance to save money all the […]

The post GoPaisa – India’s Highest Paying Cashback Portal appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
GoPaisa - The Highest Paying CashBack Portal In India

For a country which thrives on bargains and loves to save! Gopaisa.com comes as a relief to all the online shoppers who can not bargain face to face with their online sellers. For the best deals, discounts and a unique concept of added cashback gopaisa.com gives the customers a chance to save money all the way.

Brainchild of brother duo Mr. Aman Jain and Mr. Sugam Jain GoPaisa is a team of youngsters who are driven to provide the best deals to their customers. Gopaisa.com boasts of the most up-to-date repository of working coupons and cashback deals at over 350+ online store in India.

HOW IT WORKS?

GoPaisa - India's Highest Paying Cashback Portal

All you have to do is log on to Gopaisa.com register yourself and browse through the discounts.

Click on the GET CASHBACK icon and shop from your favorite retailer.  The cash back gets transferred to your Gopaisa wallet and you can redeem it for mobile top-ups, purchasing vouchers or bank transfer.

Saving money is as simple as that!!

Recommended Reading: Pennyful.in – Gifting you, your money!

HOW IT STARTED?

The company was founded by brother duo Mr. Aman Jain & Mr. Sugam Jain, who hail from a successful equity market investor family.

Aman did his graduation in Economics from Sri Venkates

Aman Jain (Co-Founder, GoPaisa.com)

Aman Jain (Co-Founder, GoPaisa.com)

wara College, Delhi University and further went on to do Masters in Risk Management from Nottingham University, UK.

While the model was very popular in the west, there were no credible players in the cash back space in India, though the E-commerce ecosystem existed in India. Hence, the duo who were already involved with Internet Marketing in India, decided to launch GoPaisa.com

Prior to starting GoPaisa, Aman was involved in Family Business and has been successful stock picker in India.

Sugam is a BBE Graduate from Delhi University  and joined Aman straight after college and both teamed together to start GoPaisa.com .

CURRENT SCENARIO..

With a team of 17 employees the company currently has an active user base of 1.9L users. With the motto of “Higher cashback rates, faster cashbacks and unparalleled customer care” it is doing an aggregate transaction of INR 10 crore per month and adding almost 1500-1800 users every day.

The post GoPaisa – India’s Highest Paying Cashback Portal appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/gopaisa-indias-highest-paying-cashback-portal/feed/ 0
Asia’s Largest Mobile Conference GMIC Expands to Bangalore, India http://www.thestartupjournal.com/asias-largest-mobile-conference-gmic-expands-to-bangalore-india/ http://www.thestartupjournal.com/asias-largest-mobile-conference-gmic-expands-to-bangalore-india/#comments Mon, 11 Aug 2014 17:16:29 +0000 http://www.thestartupjournal.com/?p=883 Global Mobile Internet Conference (GMIC) – Asia’s largest mobile industry gathering is making a foray into India with GMIC Bangalore on September 26th, 2014. GMIC Bangalore will bring together mobile industry executives, experts, entrepreneurs and developers at Vivanta by Taj – Yeshwantpur in Bangalore. The latest edition of GMIC Beijing in May attracted more than […]

The post Asia’s Largest Mobile Conference GMIC Expands to Bangalore, India appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
Asia’s Largest Mobile Conference GMIC Expands to Bangalore, India

Global Mobile Internet Conference (GMIC) – Asia’s largest mobile industry gathering is making a foray into India with GMIC Bangalore on September 26th, 2014.

GMIC Bangalore will bring together mobile industry executives, experts, entrepreneurs and developers at Vivanta by Taj – Yeshwantpur in Bangalore. The latest edition of GMIC Beijing in May attracted more than 20,000 attendees. In addition to Beijing and Bangalore, GMIC is also hosted in San Francisco and Tokyo.

With the theme of “The Next Wave of Mobile”, GMIC Bangalore will explore the current and emerging trends, technologies and business models in India’s burgeoning mobile internet industry. The smartphone market in India is the 3rd largest in the world and is slated to exceed the size of the U.S. market by the end of this year.

GMIC is organized by GWC, a membership organization which serves as a platform for mobile industry executives to build connections and trust with other mobile industry leaders across the globe.

 Confirmed Speakers  

  • Sachin Bansal, CEO, Flipkart
  • Naveen Tewari, CEO, InMobi
  • Hugo Barra, Global VP, Xiaomi
  • Yu Yong Fu, CEO, UCWeb and Alibaba UC Mobile Business group President
  • Phil Libin, CEO, Evernote
  • Fu Sheng, CEO, Cheetah Mobile
  • Vishal Gondal, Founder & CEO, GOQii Inc
  • Hong-Jiang Zhang, CEO, Kingsoft
  • Vijay Shekhar Sharma, CEO,Paytm
  • Sasha Mirchandani, Founder/Chairman Kae capital, Co-founder Mumbai Angels
  • Nitish Mittersian, CEO, Nazara Games
  • Dippak Khurana, CEO, Vserv.mobi
  • Karthik Reddy, Co-founder, Blume Ventures

 

GMIC Bangalore will include an expo which will showcase products and services from mobile companies and startups. As part of GMIC Bangalore, GWC is also organizing G-Trip, an executive trip for mobile industry leaders who will visit Indian mobile and IT companies.

The Startup Journal is offering Exclusive Silver passes (value of $200) for developers and startup folks in collaboration with GMIC. Please contact us at editor@thestartupjournal.com or +91 7205805153 for the passes and queries related to GMIC.

The post Asia’s Largest Mobile Conference GMIC Expands to Bangalore, India appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/asias-largest-mobile-conference-gmic-expands-to-bangalore-india/feed/ 0
HelpingDoc Raises $1.6 Million In Its Series A Funding http://www.thestartupjournal.com/helpingdoc-raises-1-6-million-in-its-series-a-funding/ http://www.thestartupjournal.com/helpingdoc-raises-1-6-million-in-its-series-a-funding/#comments Mon, 11 Aug 2014 15:08:58 +0000 http://www.thestartupjournal.com/?p=878 HelpingDoc which helps the patients to connect with the healthcare providers has raised $1.6 million (approx. 10 crore) in its series A funding round from Senior Marketing Systems (SMS), a Singapore based investment company. The company said that, the infused funds will be used for strengthening the field force and enhancing the technology back-end of […]

The post HelpingDoc Raises $1.6 Million In Its Series A Funding appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
HelpingDoc Raises $1.6 Million In Its Series A Funding

HelpingDoc which helps the patients to connect with the healthcare providers has raised $1.6 million (approx. 10 crore) in its series A funding round from Senior Marketing Systems (SMS), a Singapore based investment company.

The company said that, the infused funds will be used for strengthening the field force and enhancing the technology back-end of the company.

The company wants to extend its services area and go beyond the Delhi-NCR region like Mumbai, Bangalore, Kolkata and Chennai within next 18-24 months. It also aims to scale up by 4-5 times and enroll over 20,000 doctors in the next two years.

Amit Bansal, Founder and CEO HelpingDoc, said, “The funds will help us to scale up faster and also facilitate us in strengthening the internal operations, processes and systems.”

Through HelpingDoc patients can book instant appointments with their chosen healthcare provider based on their needs and preferences.

According to survey, the Indian healthcare services sector is estimated to touch $100 billion by 2015. This sector has grown rapidly in last 2 years.

 

The post HelpingDoc Raises $1.6 Million In Its Series A Funding appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/helpingdoc-raises-1-6-million-in-its-series-a-funding/feed/ 0
How Social Media Affects Your Business [Startup Infographics] http://www.thestartupjournal.com/how-social-media-affects-your-business-startup-infographics/ http://www.thestartupjournal.com/how-social-media-affects-your-business-startup-infographics/#comments Thu, 07 Aug 2014 12:36:33 +0000 http://www.thestartupjournal.com/?p=870 Now Facebook has more than 1.3 billion registered users around the globe. Twitter, Google+, Pinterest, Linkedin, Instagram have also grown high in their number of registered users from last several years.  These numbers show that there is no denying that the social media can affect any startup or business to a great extent. These social media […]

The post How Social Media Affects Your Business [Startup Infographics] appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
Now Facebook has more than 1.3 billion registered users around the globe. Twitter, Google+, Pinterest, Linkedin, Instagram have also grown high in their number of registered users from last several years. 

These numbers show that there is no denying that the social media can affect any startup or business to a great extent.

These social media websites represent a huge potential for businesses to build a brand image and grab the attention of the customers globally.

Use of social media to share and engage the potential customers is growing in a rapid rate, so the businesses should develop and implement sustainable media strategy to take advantage of this opportunities and convert these potential customers to real customers.

Below infographics shows how businesses can use these social media websites to gain the most brand visibility and customers.

How Social Media Affects Your Business And Startup [Startup Infographics]

 

The post How Social Media Affects Your Business [Startup Infographics] appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/how-social-media-affects-your-business-startup-infographics/feed/ 0
Did IRCTC Shut Down Its E-Commerce Portal? http://www.thestartupjournal.com/irctc-shut-down-its-e-commerce-portal/ http://www.thestartupjournal.com/irctc-shut-down-its-e-commerce-portal/#comments Tue, 05 Aug 2014 15:18:18 +0000 http://www.thestartupjournal.com/?p=861 Indian Railways Catering and Tourism Corporation’s (IRCTC) seems to have shut down its e-commerce portal. NextBigWhat reported that the portal is down for last two three days and giving a maintenance notice to the visitors. At the time of writing this article we are also getting the error that the website is under maintenance along with the […]

The post Did IRCTC Shut Down Its E-Commerce Portal? appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
Indian Railways Catering and Tourism Corporation’s (IRCTC) seems to have shut down its e-commerce portal. NextBigWhat reported that the portal is down for last two three days and giving a maintenance notice to the visitors.

At the time of writing this article we are also getting the error that the website is under maintenance along with the contact numbers for the customer which seems non-functional as of now. We also have written to the IRCTC authority about the reason for this inconvenience.

Did IRCTC Shut Down Its E-Commerce Portal

IRCTC launched its e-commerce platform in August last year by partnering with Yebhi which is supposed to have expired and not renewed by IRCTC.

However for any kind of query or cancellation the customers can use the email as well as the contact numbers given on the website.

We will be updating the post as any further details are released.

The post Did IRCTC Shut Down Its E-Commerce Portal? appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/irctc-shut-down-its-e-commerce-portal/feed/ 0
GOQii Raises Funding From WhatsApp’s Neeraj Arora, Amazon’s Marco Argenti And Other Angel Investors http://www.thestartupjournal.com/goqii-raises-funding-whatsapps-neeraj-arora-amazons-marco-argenti-angel-investors/ http://www.thestartupjournal.com/goqii-raises-funding-whatsapps-neeraj-arora-amazons-marco-argenti-angel-investors/#comments Mon, 04 Aug 2014 16:22:02 +0000 http://www.thestartupjournal.com/?p=856 GOQii, a fitness wearable device venture founded by Vishal Gondal has raised an undisclosed amount of funding from Neeraj Arora, business head at WhatsApp Inc., and Marco Argenti. “We just launched the commercial version of GOQii in India and we will use the funds for scaling in a major way,” said Gondal. “A portion of […]

The post GOQii Raises Funding From WhatsApp’s Neeraj Arora, Amazon’s Marco Argenti And Other Angel Investors appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
GOQii, a fitness wearable device venture founded by Vishal Gondal has raised an undisclosed amount of funding from Neeraj Arora, business head at WhatsApp Inc., and Marco Argenti.

“We just launched the commercial version of GOQii in India and we will use the funds for scaling in a major way,” said Gondal.

“A portion of the funds will also go towards marketing, brand building and enhancing the technology platform.”

Gondal is the founder and former CEO of Indiagames. GOQii’s other investors include Madhuri Dixit Nene, Amit Singhal of Google, Goutam Godhwani of SimplyHired, Prashant Gulati a serial entrepreneur, tech evangelist and startup mentor.

GOQii Raises Funding From WhatsApp’s Neeraj Arora, Amazon’s Marco Argenti And Other Angel Investors

After a long closed beta testing GOQii launched the commercial version on August 1st.

The company didn’t disclose the exact funding amount but it is expecting to expand to the Middle East in coming months.

GOQii offers GOQii Band, a fitness tracker which comes with full touch display, vibrating alarm and auto syncing via Bluetooth LE.

The company is offers subscription for GOQii, which includes all elements of its ecosystem for six and 12 months. It charges Rs 6,999 for the half yearly and Rs 11,999 for the annual subscription. 

The post GOQii Raises Funding From WhatsApp’s Neeraj Arora, Amazon’s Marco Argenti And Other Angel Investors appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/goqii-raises-funding-whatsapps-neeraj-arora-amazons-marco-argenti-angel-investors/feed/ 0
Why And How To Start A Startup While In College [Startup Infographics] http://www.thestartupjournal.com/why-and-how-to-start-a-startup-while-in-college-startup-infographics/ http://www.thestartupjournal.com/why-and-how-to-start-a-startup-while-in-college-startup-infographics/#comments Sun, 03 Aug 2014 06:18:54 +0000 http://www.thestartupjournal.com/?p=849 Most of us know that big companies like Facebook and Google were founded in college environment. The question is why? Why college is being the perfect place to make a startup? And how you can efficiently make a startup while in college? While in college the young minds are more energetic, have more stamina and […]

The post Why And How To Start A Startup While In College [Startup Infographics] appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
Most of us know that big companies like Facebook and Google were founded in college environment. The question is why? Why college is being the perfect place to make a startup? And how you can efficiently make a startup while in college?

While in college the young minds are more energetic, have more stamina and lots of unutilized time which can be used to focus on some innovative ideas.  You have the university resources, you can influence your fiends, you can market your product within colleges and many more benefits while starting from college.

The info-graphics shows why and how you can start a startup from college and be successful like others.

Why And How To Start A Startup In College

The post Why And How To Start A Startup While In College [Startup Infographics] appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/why-and-how-to-start-a-startup-while-in-college-startup-infographics/feed/ 0
12 Things You Should Know as a Startup Entrepreneur http://www.thestartupjournal.com/12-things-every-startup-entrepreneur-should-know/ http://www.thestartupjournal.com/12-things-every-startup-entrepreneur-should-know/#comments Sat, 02 Aug 2014 04:53:22 +0000 http://www.thestartupjournal.com/?p=844 The most trending buzzword of this decade is Entrepreneur. Starting your own business is far more than a dream, probably you would have given up a highly successful job to make your brainchild a reality. There is humongous competition in all fields thanks to social media and increased global connectivity. Is the idea of starting […]

The post 12 Things You Should Know as a Startup Entrepreneur appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
The most trending buzzword of this decade is Entrepreneur. Starting your own business is far more than a dream, probably you would have given up a highly successful job to make your brainchild a reality. There is humongous competition in all fields thanks to social media and increased global connectivity. Is the idea of starting your own business a reason for innumerable sleepless nights? Starting your own business in today’s hyper competitive world is a daunting task and from my experience at SoftwareSuggest, here are  risks.

  1. Address the most quintessential question before staring up – Would your product be of any use to public? Many good startups have fantastic ideas yet fail! Having a fantastic idea is not enough, you need to think practically about your target audience and would it be of any help to them. If your product offers to make the customers life easy, rest assured that it has hallway passed the test of being successful.
  2. Are you ready to sacrifice your personal life for the next 5 years – When you start a startup, it’s like having a baby. It needs continuous care all throughout the first 4-5 years. Each and every second that you are awake would be full of struggles, having to reach out to the target audience, finding new customers and having to convince people to buy what you sell. The neck deep work that needs to be completed, constant check over your competitors and how to embrace the latest trends would keep you busy enough to have no personal life for the initial few years.
  3. Don’t overdo or under spend – The best thing about majority of the startups is that they need to operate in tight budgets. Most of them at the outset are not backed by financers or sponsors hence you need to keep a check on the dollars that are spent. It can be really taxing for you and your family, yet it is equally important to spend where necessary. Pound wiser than a penny, many times when you go in for cheaper solutions, they do not give the desired results ultimately you’ll have to go in for the better services after wasting on the cheaper ones. Technically speaking, you will have to spare some bucks for advertising, but its ok with you don’t gift each of your clients with an expensive take way gift.
  4. Keep a tab on your competitors – You must be under the illusion that your product is unique, but in 99% of the cases it is already in the market. The genius of a true entrepreneur lies in making a common product uncommon, providing services that your competitors haven’t explored yet. Richard Branson says the essence of true entrepreneurship lies in finding solutions that haven’t yet been though about to make your customer’s life easier. While having a startup or an established business, constantly keep a tab on what your competitors are up to and the metrics that they are using.
  5. Don’t allow failure to stop you – Bill Gates says, “Its fine to celebrate success but it’s equally important to heed the lessons of the failures”. In startups, failure is seen as a good thing. Only after trying out hundreds of solutions for a particular problem would you come up with a mind blowing answer. All the time that was taken up in trying the other ninety nine solutions makes you a wiser person. When you learn to gracefully accept the mistakes that led to failure and emerge as a winner with knowledge about all the methods that won’t work, you’ll succeed.
  6. Embrace innovation – Innovation and constant polymorphism is the key ingredient for any business to succeed. Today, people are constantly hunting for newer means, technology and channels which when infused into their strategy would make their product stand a notch above others. Study your marketplace, research and analyze how an innovation can change the existing system and attract more users. Revamp your products or marketing strategies with the technology that suits your business the best and that would enable you to get accolades.
  7. Own your name – For any startup to get recognized among the mass, it has to have its own name and trademark. Before starting, once the basic plan of action is ready make sure to choose a catchy name and a meaningful symbol that best portrays your brand. Also, checkup with the trademark and patent office to see if no one else has taken up the name you’re planning to use. Often it happens that after years of using a nice name and trademark, you come to know that someone else had already taken it up before you and you’ll have to go through the arduous task of having to change all from scratch. Most of the new startups make their website through which they can reach the global audience. Today is the era of global marketing and make sure to have an attractive and informative website that would attract more potential customers.
  8. Hire a kickass team – To have a successful startup, a kickass team is the first prerequisite. You cannot control or do everything, there has to be a team wherein work is divided as per each individual’s capabilities. Instead of hiring a homogeneous team, hire people from varied background having diverse skills. With websites like oDesk, Skillpages and social media, you can very easily hire freelancers. The best advantage of hiring freelancers is that you do not have to pay for 9-6 job, instead contract based payments can be done thereby reducing overall expenses at the same time getting the best talent available in industry.
  9. Focus on sales – Once you actually start marketing the product, then the sales part comes into picture. An avant-garde product is of no use if it cannot reach the desired audience. Selling your brand to customers is more of science than an art and can be mastered by practice. Although you have your own sales team, there are times when you will have to go out to pitch for your product. Rather than being just a sales man, tell your clients how the product would be helpful to them and mark our words, you’ll win many hearts and clients.
  10. Streamline online and offline efforts to be equivalent – Every startup needs investors either in form of sponsors or through crowdfunding. Most of them get innumerable “no” before striking a deal with a financer because a startups may take even half of a decade to start making profit and it needs equal patience from the investor. So only when a patron sees the “wow – potential profit making ability” in your startup, would he invest. My advice: Whenever you receive a polite “no”, do ask them what is lacking so as to improve those sections.
  11. Connect with mentors – A mentor is a person with more experience in the same field and was once upon a time an entrepreneur himself. He has learnt entrepreneurial skills like strategizing, teaching, consulting and managing over a period of time and has mastered this art. The timeless wisdom that he gained in the process is passed on to you. The rewards are many, he has no ulterior motive and almost non-existent risks. It’s free, you expand your social network, forge a long-term relationship and frankly speaking, and whom else could you turn to!
  12. Amplify your business with social media – Social media is the best channel to leverage your business. You can reach out to the global audience via social networks. More than 65% youth check out social media for their day to day queries and for updating their knowledge. What else could be a better way of getting noticed! By advertising about your brand on Facebook, Twitter, Youtube, Pinterest and Instagram, your website can get heavy traffic. Ultimately if your product appeals to the visitors they would be converted into leads and potential customers.

I sincerely hope that this article won’t frighten you from taking a plunge into entrepreneurship. You just need to have realistic expectations and ability to work your sweat off. Not all startups can be a success overnight and be sold to Facebook for millions of dollars. However, hard work and patience will increase your chances of success.

The post 12 Things You Should Know as a Startup Entrepreneur appeared first on The Startup Journal - Indian Startup Stories, News, Resources, Interviews.

]]>
http://www.thestartupjournal.com/12-things-every-startup-entrepreneur-should-know/feed/ 1