Date post: | 20-Feb-2018 |
Category: |
Documents |
Upload: | rakesh-skai |
View: | 219 times |
Download: | 0 times |
of 29
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
1/29
Rakesh S K (15A3HP611)
Savali Krishna Chaitanya Yadav (15A1HP078)
Abhishek Suryapeta (15A3HP617)
INSTITUTE OF MANANGEMENT TECHNOLOGY
HYDERABAD
31-DECEMBER-2015
By
Start Up IndiaStand Up India"
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
2/29
1
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
3/29
2
A REPORT
ON
START UPs
BY
RAKESH S K (I.D No: 15A3HP611)
ABHISHEK SURYAPETA (I.D No: 15A3HP617)
SAVALI KRISHNA CAHAITANYA YADAV (I.D No: 15A1HP078)
APPROVED BY:
INSTRUCTOR-IN-CHARGE
A REPORT SUBMITTED IN PARTIAL FULFILLMENT
OF THE REQUIREMENT OF COURSE MGMT581
BUSINESS COMMMUNICATION
BUSINESS REPORT WRITING
HYDERABAD
31-AUGUST-2015
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
4/29
3
AUTHORIZATION CERTIFICATE
This is to certify that IP Report entitled START Upsprepared by Mr. RAKESH S K,
Mr. ABHISHEK SURYAPETA and Mr. SAVALI KRISHNA CAHAITANYA
YADAV in partial fulfillment of the program PGDM at INSTITUTE OF
MANAGEMENT TECHNOLOGY, HYDERABADis original and has not been
submitted by him/them in any other institute for the award of the MBA degree.
Date: 31-August-2015 Signature
Name
Designation
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
5/29
4
Copyright Rakesh S K 2015
This is a work of generating report on the Start-ups. This work has been
accomplished by the collective efforts of Savali Krishna Chaitanya Yadav,
Abhishek Suryapeta andRakesh S K.
All rights reserved.
No part of this report may be reproduced, transmitted, or stored in a retrieval system,
in any form or by any means, electronic, mechanical, photocopying, recording or
otherwise, without the prior permission of the author.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
6/29
5
Preface:
This report is dedicated to the enthusiastic, innovative and determined youth
of our country. Whether its because you want to do for yourself, or because you
want to get rich, or even because youre fed up where you are, this report is for you.For those who want break free of the shackles of working for someone else, and start
up your own dream business. We hope this will help you to a great extent.
Rakesh S K
In writing this report we have anguished over what to, and what not to include.
Should we talk about computers, or the fancy techniques and tools like websites and
e-commerce? These matters are important so we have included them, but mostimportant is get going. We try to keep things simple and straightforward. What we
want to ensure is that you start out the right wayget the basics right.
Savali Krishna Chaitanya Yadav
This report brings together a wealth of vast useful information that is now
yours to own and apply. It will not give you the answer to every question, but we
hope it will make you want to ask more and will help to make you a real success
story. The hard work you put will always return you back with the sweetness of
success and pride. Good luck!
Abhishek Suryapeta
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
7/29
6
Acknowledgements
No creation in this world is a solo effort. Neither is this report. From the person who
makes Xerox copies to the person who evaluates and edits this report. In particular,
Id like to thank:
Prof. Dr Nitin Gupta for guiding us in how to prepare the business reports. He
gave us the step by step guidance on report writing which enabled us inn
making this report. Thank you so much sir.
Haricharan P, our colleague for taking some time out of his busy schedule and
helping us in obtaining the necessary information. Even at the stroke of
midnights he had answered our calls. Thanks a lot for your support.
Gooty Karimulla, our colleague, he has never said no whenever we needed his
help, at any time when we needed to travel out of the campus on the reportwork, he had made sure his vehicle is available and helped us in this regard.
IMT Reprography, it is not easy without these people to convert this report into
a hard copy, they were always available at the campus and helped us in getting
this report printed on time.
We might have missed some names here but we are deeply thankful to all those
people who are associated with this report. Thank you all for your great support.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
8/29
7
Executive Summary:
In this independence speech of our Prime Minister
Narendra Modi, has given a new call to the youth of this nation that is START-UP
INDIA, STAND-UP INDIA. This is not to be taken as just a slogan by our PM, it is
indeed the wake up call to all the young and energetic youth of our country. Once Sir
M Vishveshwaraiah said Industrialize or perish, it is now time to say Innovate andIgnite the talent and put them tothe best possible use.
In this report we extensively discuss on what is a start-up and why, how and where to
start this start-ups. We will also look at some of the best suitable ideas for the Indian
eco-system. In this report all the basics of the Start-ups have been discussed and just
an outline is drawn. More detailed report on the Indian start-ups will be coming up in
our subsequent reports on the start-ups in India
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
9/29
8
CONTENTS
1. START-Ups Page No.
1.1 Introduction 9
1.2 What is a START-UP? 9
1.3 How to start a START-UP? 10
1.4 Why to start a START-UP? 11
1.5 Where to start a STAR-UP? 13
2. TEN BEST START-UP IDEAS FOR INDIANS
2.0 10 Brilliant Start-Up Ideas for Indians 15
2.1 Flier Marketing Service 16
2.2 Shoe-wash Company 17
2.3 Doorstep Grocery Delivery Services 18
2.4 Wedding Planning 19
2.5 Day Care Centre 20
2.6 Housekeeping for Corporate Firms 21
2.7 Resume Writing Services 22
2.8 Student Awards Programme 23
2.9 Financial planning services 24
2.10 Website for rating professors 25
3. CONCLUSION 26
4. NOTES
4.1 List of References 27
4.2 Glossary 27
4.3 Index 27
1. START-UPs
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
10/29
9
1.1: Introduction:A start-up company or start-up is a new business, in form of a company or temporary organisation designedto search for a repeatable and scalable business model. Start-up companies can come in all forms and sizes.Start-ups usually need to form partnerships with other firms to enable their business model. To becomeattractive to other businesses, start-ups need to align their internal features, such as management style and
products with the market situation. The inheritor profile calls for management style that is not tooentrepreneurial (more conservative) and the start-up should have an incremental invention (building on aprevious standard). This profile is set out to be more successful (in finding a business partner) in a marketthat has a dominant design (a clear standard is applied in this market). In contrast to this profile isthe originator which has a management style that is highly entrepreneurial and have a radical invention(totally new standard). This profile is set out to be more successful (in finding a business partner) in a marketthat does not have a dominant design (established standard). New start-ups should align themselves to one ofthe profiles when commercializing an invention to be able to find and be attractive to a business partner. Byfinding a business partner a start-up will have greater chances to become successful.
1.2: What is a START-UP?A start-up is a small business with the added risk factor that it is defined by something new and unknown,
whether it be a product, service, marketing angle, or something else. While there is risk in all businessventures, those which are modelled on past successes have history to guide them."
"As it has been said for a while in the Lean Start-up community, a start-up isa human institution designed to create a new product or service under conditions of extreme uncertainty.
"A start up differs from a small business as follows:
Small Business follows a defined business model, with previous examples of success in the same area withthe same model to rely on. As an example, a service provider that founds a business using establishedpractices would be a small business, not a start-up.
Start-up is defined by its innovation - either in the form of its business model, or the total nature of what itoffers. A service provider who comes up with a new service that previously did not exist, or a productdeveloper who comes up with a new product and builds a business around it, would both be examples of astart-up.
SIZE DOESN'T MATTER -A start-up is not the same of a small business. It is not the size that defineswhat a start-up is, but the search for a new product or service under conditions of extreme uncertainty.
INSTITUTION - A start-up is not an idea, a product, a service. A start-up is an organization, as Steve Blanksays, designed to search for a scalable and repeatable business model;New - As Elie said, a start-up is characterized by innovation. Innovation must be defined in a broad way: itcan be creating a new technology but also bringing a new product to an underserved set of customers.
UNCERTAINTY - This is the essence of a start-up. A start-up operates in an uncertain environment: boththe problem to be solved and the product to build are unknown. This is why a start-up requires a different setof management tools.A small business can be an exact clone of an existing business: business model, pricing, product and so on. Itis not a start-up, because its success depends only on execution. A start-up, instead, must search for "ascalable and repeatable business model", so there is first discovery and then execution."
1.3: How to start a START-UP?
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
11/29
10
Live in the future.Most of us live in the past or the present. It is easier to analyze what already succeededand think of ways to replicate the success. Its thinking by analogy. It is a valid way to think, except that this
isnt the way to create a big startup. Big startups are based on ideas of two kinds obvious and hard, likeElon Musks SpaceX; and non-obvious and hard, like Uber. If you dont see the obvious and hard or the non-obvious, there is a name for it Schlep Blindness. SpaceX is an obvious idea because the only other
enterprise that could send people to Mars, NASA, had no plan to do so at the time SpaceX started. So it isobvious. Because it is obvious and no one else is doing it a reasonable assumption is that it is impossible.Yet if you live in the future, it will also be obvious to you that humanity will either go to Mars (or anotherplanet) or go extinct at some point. More likely we will find a way to leave this blue pebble. So theimpossible must be possible. With UberPool, the idea that at any given point in time there are at least twopeople going from about the same location to about the same destination is non-obvious. It requires at leastthree assumptions. It is hard because you would have to gather and store mountains of data about wherepeople actually go in a city. That kind of data analysis is only becoming available now. But Uber thought ofit when they offered their first ride back in 2009. They were living in the future.
See what is missing in the world. You probably noticed that before Uber, taxi rides werent enjoyable. Youprobably noticed that before SpaceX people were less interested in space. But that is already the past. Whatis missing now? More importantly what is missing from your life now?
Write it down. No matter how smart you are, you will not remember all your insights. Your conversationswith others, random observation, and shower thoughts that are worth following up on. Write these done orlose them. Daydreaming has value. Einstein had another name for itthought experiment.
Make a prototype. Most of your thoughts, even the best ones, will never see the light of day sadly. You willforget them into oblivion even if you write them down. The only exceptions are those thoughts you prototype.Makethem physical if they can beprogram them, design them, do anything that makes them more than justthoughts. Most people will stop right here. So if you do this, you are already ahead of imaginary curve.
See what is missing in the world. Now you will need to step out of your comfort zone and seek out peoplewho will critique your prototype. Ideally, these are both people you already know and complete strangers.
http://fundersandfounders.com/where-are-the-big-ideas-schlep-blindness/http://fundersandfounders.com/where-are-the-big-ideas-schlep-blindness/http://fundersandfounders.com/where-are-the-big-ideas-schlep-blindness/http://fundersandfounders.com/where-are-the-big-ideas-schlep-blindness/7/24/2019 Start Up India Report Final Paragraph Alignment Changed
12/29
11
Why 100? Because you need a breadth of perspective and hopefully a pattern to recognize from all thefeedback.
Iterate. Although a few people will get it right on the first try, the odds are you will not. So prepare to redoeverything from scratch. This is your founder MBA, except it is free.
Find a co-founder. When the prototype starts making sense, go find another person who will pour a decadeof their life into this project because it will change the world and they probabl y dont have a more
meaningful thing to do in life at the moment. Register your business. Split equity. Finally, an easy step. Get a lawyer who will register your company.
Give your co-founder as much equity as will make them work their hardest, while you keep as much as willmake you give it your all.
Look for funding and build version one. Unless you have enough savings to build version one, go find aninvestor. While you are doing that build version one. You have to keep building because there is noguarantee about when or whether you find an investor. Dont assume that you will just because other startupsare getting funded. Assume the worst, and build your product.
Launch. By the time there is even an iota of usefulness in your product, launch it. Extra features, betterinterface, faster load time and other optimizations probably wont save it, if the core features have no use.
Follow up with users. Are users coming back? Find out why they are not.
Launch again. Launch as many times as it takes. At some point, if at least a few dozen people are coming
back on their own, you probably made something valuable. Get to 1,000 users. This may not seem like a lot, but the first 1,000 users will show the weaknesses of what
you have built. You probably will have to recruit them manually. How manually? Take their computer andopen your website for them. Whatever it takes.
Grow. Paul Graham encourages startups togrow at least 5%a week. If you grow that much, within 4 yearsyou will get to 25 million users. In other words, you will be one of the largest startups.
Success whatever that is. You can IPO, sell your company to another or stay private by convincinginvestors that there is a bigger liquidity event coming. Even now, though, you may or may not have made theworld better. WebVan IPOed, but quickly disappeared. Think about what kind of a dent in the universe youwant to leave with your startup.
1.4: Why to start a START-UP?
You Will Have The Time Of Your Life
I put this first, because it's the reason that will motivate you the most to start a start-up. Doing this may behell at times, but boy is it fun. It's an adventure that you will remember for the rest of your life whetherthings go very well or things go poorly. They used to say that everyone should try to be a rockstar at leastonce in their lifetime. I'm going to add to that and say that in-between being a rockstar and something else,you should be an entrepreneur at some point just for the adventure. Writing this article makes me realize howmuch I truly love doing this - the uncertainty, the victory, the failure, the connections with customers, thepress,etc. I couldn't see myself doing anything else and if this is truly for you, you will eventually feel the
same.
You Have The Power To Create Something From Nothing
Few professions have the power to create something from absolutely nothing whatsoever. Right now, youmay have some crazy idea in your head to bring into the world. It exists on some napkins, photoshop files,etc. right now, but eventually it will become reality. There's a good chance it's something that will have animpact on a large number of people... millions of people around the world. That wasn't something manycould achieve, even 20 years ago. Now, it's possible for anyone, anywhere. I rarely use absolutes, since I
http://paulgraham.com/growth.htmlhttp://paulgraham.com/growth.htmlhttp://paulgraham.com/growth.htmlhttp://paulgraham.com/growth.html7/24/2019 Start Up India Report Final Paragraph Alignment Changed
13/29
12
know what that means, but I truly believe the ability to start a start-up can happen anywhere. It's certainlymore difficult in poor countries, but it's still possible.
You Will Make Friends And Connections That Will Last A Lifetime
This is one of my top three reasons on the entire list on why to start a start up. The friends you will make,
just stay with you forever. There is a certain bond that connects you. It takes an entrepreneur to understandwhat another entrepreneur goes through. We tend to all stick together and the bond that is formed is veryvery deep. A lot of people will give up along the way and find out entrepreneurship isn't for them. If youstick around long enough, the pool shrinks, and the people who began their career around the same time asyou have advanced far along too.
Finding Out Whether You Are Right Takes Far Less Risk
It used to take many months and lots of capital to find out whether you were on to something. That just isn'ttrue anymore. You can find out if you're right in some time period that is under 60 days. If you're right keeppeeling away more layers. If you're wrong, pivot a bit, and move on to the next thing. It's not a zero sumgame. You shouldn't fear failure, but embrace the process that comes with it. Test your ideas via Amazon
Mechanical Turk, talk to customers, buy some basic keyword tests on Amazon, and find out whether you areright. You can do this with close to no capital and get over one of the biggest humps a start-up faces in itsfirst 6 months: Knowing whether you are building something people want.
A Traditional "Job" Isn't Much More Secure In The Long Run
Oh sure, you're a great engineer or marketer. You could get a high paying, possibly even six figure job rightnow. Add in some benefits and things sound great. Here's the truth: no job is safe in this world. Wall Streetpractically collapsed overnight and larger companies do "layoff roulette". At least doing a start-up is somefunction of having survival that is within your control. When you're fired, that is usually it. When you gothrough the equivalent of "being fired" in the start-up world, you can fight back. You can persevere and staydetermined.
The Worst That Can Happen, Isn't Really That Bad
It seems a lot worse when you think about it now, but it really isn't that bad. If your start up fails you willhurt afterwards for a decent while physically, emotionally, and financially. People have been in far worsepositions and triumphed. If things fail you either a) try something new start up wise b) join another companywhose mission you believe in c) take a new direction in life. Failure at a start-up, DOES NOT mean failure atlife. I'm not trying to play down the horrible reality that comes with failure. I'm just trying to say this: "Youwill bounce back and you will live to fight another day".
Bottom line: If your gut tells you to go for it and there's something you really
believe in, then go for it.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
14/29
13
1.5: Where to start a START-UP?
The reason why startups fail is running out of cash. How can you make sure your cash does not run outbefore you make money?
Arguably, if you know what you want to build, you could start your startup anywhere. You could just takeyour laptop, sit down in your bedroom, shut the door, and build your product. Done. Seemsstraightforward. But the place is very important to get the success, so which is the best place?
San Francisco Sure, If You Already Have Your Product
The top place startup founders want to go is San Francisco. Three reasons: more access to capital, earlyadopter community, and the startup flow. Here is the problem: if you get here without your beta ready, youwill not benefited from the investors and the early adopters since you have nothing to pitch investors andnothing for early adopters to adopt yet. So the flowagain, even if you go to a lot of events and meet thebest people you still wont be able to show them your beta. So why go to San Francisco? Perhaps, a
different perspective? Inspiration? Fair enough. But it will cost you. San Franciscos 1-bedroom apartmentsare around $2,000 per month. Monthly cost of living is at least $3,000. And while you are paying $3,000 youare still sitting in your apartment and, hopefully, building the beta. And if you are not, you really should be.That means to bootstrap even for 3 months you need roughly $10,000. Now maybe you want to look at otherplaces to build your product.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
15/29
14
Looking for the Perfect Place
The cheapest place may be your parents basement or your friends couch. These real rock-bottom deals willcost you freedom, though. What we are looking for here, then, is the best value for your money. Acomfortable hassle-free life for less than $1000/month.
Recently, as we traveled from San Francisco to London, Dubai and then India, it became clear that seed-stage startups can have a lot more runway in some locations than others. As we finally settled into an Indianvillage to focus on my own project, I wanted to find out what other bootstrapping-friendly locations there arein the world.
How Cheap?
Here is a rough comparison of my burn rate in San Francisco vs. Bangalore, India:
Expense San Francisco Bangalore India
Rent(1-bedroom) $2000 (+$2,200 deposit, excluding utilities) $275 (+$500 deposit, including utilities)
Food $1000 $350
Transport $90 MUNI pass + bike $60/month to rent a scooter +$20 for gas
Internet $ 50/month (3G through contract) $30 (12GB of 3G)
Phone $30/month $10 (prepaid)
TOTAL $3,170 $735
The above table shows you which is the best place to start your start-up considering the cost of living and thecost of operating.
In India you will also find huge human resource who are very skilled and technically rich. And given the vastpopulation of India it makes it a huge market for your product. The best place to start your start-up is Indiaand in India it is the silicon city Bangalore. And other major cities where start-ups can come up are Pune,Hyderabad, Vijayawada, Chennai and Ahmedabad. So, my friends of young blood exploit the opportunityand make the success follow you.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
16/29
15
2. TEN BEST START-UP IDEAS FOR INDIANS
10 BRILLIANT START-UP IDEAS FOR INDIANS
It doesn't matter if you are still in college. Murtuza Rohawala, founder and
CEO of Edfin Consultancy suggests a few ideas you can get started with in
India right away.
There's been a lot of talk as of late regarding young entrepreneurs given the massivewealth Facebook's IPO has created for its billionaire founder, Mark Zuckerberg.
Google, Microsoft and many other companies were started on campus.
Unfortunately, there simply aren't that many investors in India out there to fund ideas
from mostly unproven young adults, so it remains up to the entrepreneur to do it on their
own.
For young adults, the best place to flex your entrepreneurial muscle is while you are in
college -- or at the very least when you are young enough to not be bogged down with a
career.
College is a great place to start your venture as you have lots of free time, access to a large
pool of human capital and your college can provide much-needed support.
The following ten business ideas are what can be executed while being on campus.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
17/29
16
2.1 FLIER MARKETING SERVICE
Lots of local small businesses are interested in different ways that they can reach thecustomers around them for cheap.
Marketing for them usually involves buying space in the local newspapers or cable
channels.
Many small businesses would jump at the chance to have your company design and pass
out fliers around town announcing sales or specials that they are offering.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
18/29
17
2.2 SHOE WASH COMPANY
Previously, canvas shoes were cleaned using old toothbrushes and detergent.
But nowadays people have moved on to trendy sneakers and want the shoes to be cleaned
by people who are experts in the field so that they can be maintained properly.
In order to be successful in this business, it is essential to know how to use chemicals. A
fair degree of marketing skills are also required.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
19/29
18
2.3 DOORSTEP GROCERY DELIVERYSERVICES
Nowadays, customers want the groceries at their doorsteps without having to go thebazaar or wait in long serpentine queues on weekends at supermarkets.
This is where a doorstep grocery delivery company can come in handy.
The main skills needed to run this business smoothly are sales and logistics management.
This business has a break even period of 2 months at the very minimum and can providegross profits of nearly 20 per cent.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
20/29
19
2.4 WEDDING PLANNING
Wedding planning, made popular thanks to the Bollywood flickBand Baja Baraatis alsoa good business idea for those inclined towards event management and enjoy Indian
weddings!
Nowadays, weddings in India are being celebrated on grand scales and the celebrators
might not have the time to properly attend to every little nuance as a lot of time is involved
in this as well.
Wedding planners can help people in such situations.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
21/29
20
2.5 DAY CARE CENTRE
Given rapid urbanization, nuclear families and both parents professionally working,babysitting services is the need of the hour.
One needs to start with friends and referrals to build credulity and confidence of parents.
The ability and tact of handling kids is a pre-requisite. If all is well this is a perfect business
where one can study while being on the job!
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
22/29
21
2.6 HOUSEKEEPING FOR CORPORATEFIRMS
Housekeeping services for a start-up is a proper and innovative business idea.
With corporate firms and offices looking to keep their offices spanking clean, this is a good
business idea. It is also in order to plan your business and human resource as it is one of
the most simple yet much required service.
Good communication and man management skills are necessary to succeed in this domain.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
23/29
22
2.7 RESUME WRITING SERVICES
Are you good at presenting information?
You can start a resume writing service and help students put their experience in the best
possible format and phrasing words to attract interview and career opportunities. It not
only attracts students but also other skilled people who doesnt know how to put such
things into formal way.
It will not stop writing resume but will let you create a market in written communication
and other communication related services based on the quality of the services you provide.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
24/29
23
2.8 STUDENT AWARDS PROGRAMME
Everyone is looking for a way to get ahead in today's competitive job market.Team up with the Student Affairs in your college or join any club like Lions or Rotary to
start an on-campus student awards programme where students are rated and awarded in
certain categories that are relevant to future career success.
Charge an entry fee and look for sponsors.
This is a cool way for students to get accolades they can add to the list of credentials that
can be presented to possible employers later.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
25/29
24
2.9 FINANCIAL PLANNING SERVICES
Personal financial planning is a field that is expected to grow in the next few years.
You can get an early start by beginning your financial planning business on campus.
Work with students to help them save and manage their money.
College is a time when people can really put a damper on post-college opportunities by
ruining their credit or getting into debt.
Help students avoid this and get paid for it.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
26/29
25
2.10 WEBSITE FOR RATING PROFESSORS
Some professors are amazing, some are more boring than paint drying on a wall.
Your college mates might want to know that and maybe you can start a website to allow
group rating and comments so everyone will know what they're getting into before they
register for a class.
There are possible many other things one can look to start with on campus.
Just get a team in place, stop thinking and start acting. This is the single biggest step for anentrepreneur, just do it!
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
27/29
26
3. CONCLUSION
Picture 3.1
In this report we have extensively discussed on What a START-Up is, Why to start a
START-Up, How to start a START-Up and where to start a START-UP. We have
also placed some best 10 ideas of start-ups which are suitable for Indian eco-system.
This is the time for our youth to best utilize the opportunity and exploit the best of it,
and get the success in their way.
Start-Ups main issue is with fund raising. It is suggested that the government and the
big corporates have to come forward in funding the start-ups considering the future
growth of the country, economy and the global market. You can see how it is
growing from the above picture 3.1.
7/24/2019 Start Up India Report Final Paragraph Alignment Changed
28/29
27
4.1 References:
Wikipedia (2015) Startup Company (Online).Available from:https://en.wikipedia.org/wiki/Startup_company[Accessed
29/08/15].
Wikipedia (2015) Startup Company (Online).Available from:https://en.wikipedia.org/wiki/Startup_company[Accessed
29/08/15].
ANNA VITAL (2013) How To Start A Startup [weblog] Funders and Founders.13 May. Available from:
http://fundersandfounders.com/how-to-start-a-startup/ [Accessed.29/08/15].
JASON BAPTISTE (2010) 14 Reasons Why You Need To Start A Start Up [Web Blog] On startups.15 Nov. Available
from: http://onstartups.com/tabid/3339/bid/24525/14-Reasons-Why-You-Need-To-Start-A-Startup.aspx
[Accessed.29/08/15].
ANNA VITAL (2013) Best Value Destinations [weblog] Funders and Founders.18 April. Available from:http://fundersandfounders.com/where-to-start-your-startup-best-value-destinations/[Accessed.29/08/15].
Murtuza Rohawala (2012) 10 Brilliant Start-up Ideas for Indian Students (Online). Available from:
http://www.rediff.com/getahead/slide-show/slide-show-1-career-10-start-up-ideas-for-college-students/20120629.htm#2
[Accessed 29/08/2015].
4.2 Glossary:
Iterate: perform or utter repeatedly"The bird's call is a monotonously iterated single note"
Prototype: a first or preliminary version of a device or vehicle from which other forms are developed."The firm is testing a prototype of the weapon"
4.3 Index:
How to start a START UP?
Live in the future
See what is missing in the world
Write it down
Make a Prototype
See what is missing in the world
Iterate
Find a Co-founder
Register your business
Look for funding and build version one
Launch
https://en.wikipedia.org/wiki/Startup_companyhttps://en.wikipedia.org/wiki/Startup_companyhttps://en.wikipedia.org/wiki/Startup_companyhttps://en.wikipedia.org/wiki/Startup_companyhttps://en.wikipedia.org/wiki/Startup_companyhttps://en.wikipedia.org/wiki/Startup_companyhttp://fundersandfounders.com/how-to-start-a-startup/http://fundersandfounders.com/how-to-start-a-startup/http://onstartups.com/tabid/3339/bid/24525/14-Reasons-Why-You-Need-To-Start-A-Startup.aspxhttp://onstartups.com/tabid/3339/bid/24525/14-Reasons-Why-You-Need-To-Start-A-Startup.aspxhttp://fundersandfounders.com/where-to-start-your-startup-best-value-destinations/http://fundersandfounders.com/where-to-start-your-startup-best-value-destinations/http://www.rediff.com/getahead/slide-show/slide-show-1-career-10-start-up-ideas-for-college-students/20120629.htm#2http://www.rediff.com/getahead/slide-show/slide-show-1-career-10-start-up-ideas-for-college-students/20120629.htm#2http://www.rediff.com/getahead/slide-show/slide-show-1-career-10-start-up-ideas-for-college-students/20120629.htm#2http://fundersandfounders.com/where-to-start-your-startup-best-value-destinations/http://onstartups.com/tabid/3339/bid/24525/14-Reasons-Why-You-Need-To-Start-A-Startup.aspxhttp://fundersandfounders.com/how-to-start-a-startup/https://en.wikipedia.org/wiki/Startup_companyhttps://en.wikipedia.org/wiki/Startup_company7/24/2019 Start Up India Report Final Paragraph Alignment Changed
29/29
Follow up with users
Launch again
Get to 1,000 users
Grow
Success- whatever it is
What is A START UP? Size Doesnt Matter
Institution
Uncertainty
Where to start a START UP?
San Francisco Sure, If You Already Have Your Product
Looking for the Perfect Place How Cheap?
Why to start a START UP?
You Will Have The Time Of Your Life You Have The Power To Create Something From Nothing You Will Make Friends And Connections That Will Last A Lifetime Finding Out Whether You Are Right Takes Far Less Risk
A Traditional "Job" Isn't Much More Secure In The Long Run The Worst That Can Happen, Isn't Really That Bad
10 Brilliant Start up Ideas for Indians
THANK YOU