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Failure Stories Are More Important Than Successful Ones

We are living in a society where success stories are glorified and failure stories are horrified. Isn’t it so? But believe me it’s terrible. We need to break this system. I will tell you why? Let’s have an analogy. Suppose you are at the START point in the above picture. Now your destination is the END point. So you will be successful when you will reach the END point in the picture. Now if I tell you some success stories or events it will tell you about the END point. So you will get an idea about END point only. I’m not telling that it’s not required. But listening success stories means knowing the END point – the destination. That’s required only once to get the idea of END point. But the main effort is in the meanwhile i.e the road – the smooth – the rough – the anything possible road. As this road is not a straight line joining the START and END point. It’s a totally unpredictable, random road full of chaos. Like in the picture you can see different points in the road ...

Key Mental Traits of a Successful Entrepreneur in Several Stages of a Startup

Mindset, attitude is a very crucial factor for an entrepreneur to be successful. Continue reading to start a dry run about these mental traits in different stages of a startup. Phase 1: Starting thinking about the startup: Dissatisfied with the current status (i.e. job, money or/and any other thing) Highly self-confident Enthusiastic, passionate and inspired about anything/something Freedom seeker Phase 2: Collaboration: Social and so-called jolly good fellow Friendly and helpful in nature Emotionally intelligent Experienced about the boredom and pressure to do all the work by own Practical Good listener Phase 3: Ideation and Brainstorming: Problem solver Curious Big dreamer Unaware of the meaning of “IMPOSSIBLE” Intuitive Great document writer Mindful Highly intelligent with great mapping skill Limit Breaker Crazy Phase 4: Implementation: Great planner Regular Hard working Passionate Trendy Customer focused Open minded Hig...

What Investors Look for in a Startup

Before approaching investors, every startup founder should ask themselves what investors look for in their startup. Below information will guide you to prepare for this question with data-driven insight. Team: Most of the investors give first priority to the startup team for investment. According to them, they mostly care about the following features of the team – PASSION .. PASSION and only PASSION: How the passionate the co-founders and the teams are. Lots of Energy but Open for feedback (Humble) Endurance / Consistency Are you solving a real problem? It’s no matter what big names of the technologies you are using. They only would like to ask you,” Are you solving a real problem?”. So be ready for that. Have you made any product, project, POC or at least any prototype? Investors don’t have any intention to invest in a startup which is in a business plan stage. So make at least one product/project/sample/prototype. Please check below video to know what Rajan Anadan ...