A Guide for Start-Ups

·         Innovation is a Process;

It’s not something like an instant success that you get over night

·         Target Big Markets;

Where a huge growth lies in front

·         Look for what  VC’s [Venture Capitalists] are doing;

Track their investment trends

·         Always look for market trends;

You have to be much ahead of today’s news to beat tomorrow’s market

·         Deal with small kind of problem;

Choose small problems initially and target those to solve perfectly

·         It’s not about ideas, it’s all about execution;

Anyone can give you idea, there are plenty but it’s about the one who make an idea come in to reality first

·         What you are best at, may be No 1 in;

You have to be perfect in letting the world know about, what is that you are good at or No 1 at?

·         Hang on & look for opportunities;

At times where you see no way & get blocked, hang on there for a while and look for opportunities around without loosing

·         Analyze year wise;

You have to always be on the curve of improvement. Have to always check your performance & try to grow higher

·         Never be afraid of experimenting & failures;

 Unless you try your idea, how would you know that it’s going to work or not

·         Always try to attract the talent;

Being a start up it’s hard to pull some talented ones but over the period it’s more important that you have the talented ones

·         Opposite attract;

If you pick a team which best suits you and which thinks just like the way you do, then where is a chance of getting new ideas. So make a diversified team