Startup Wisdom from a friend

Imagine a conveyor belt. Imagine a line-up of of folks standing on it getting randomly sucker-punched.

That is what startups feel like. Everyday some random crisis pops up. Those who are left standing win.

A startup's job is to survive. If you do that for long enough, you win. more  

View all 6 comments Below 6 comments
Solution to a problem which has not been faced/envisaged by any startup cannot be expected to be solved in advance and a solitary problem is not a policy problem. more  
Startups require Men, Machinery and Money support. more  
One of the reason for frustration among startups is they think they are startup Icons from day one and want everything to fall in place as they expected. Just because Govt policy supports startups and for incentives you land in startup you are bound to fail. It is such attempts that defeat the policy initiatives. more  
As stated by Kaushikk D. Vyas, each business has its own risks and rewards. Result of ROI depends on what you want back. If you expect a huge return from a small business that too within a single digit FEW years, it is impossible. Learn to relate what you want back/what size you want of that business/and frisks involved first, before venturing out. more  
First three years are very tough.Then only only one can expect Return Of Investment. more  
Sir, for any new venture there is a minimum payback period, n it may varies from 5-10years depending on the product market potential and the economic situations in the country. more  
Post a Comment

Related Posts

    • Terrible job market

      36% students from IIT bombay are unemployed at graduation. Where exactly are we headed as a nation. Imagine the state at NITs and other govt engg colleges. Private colleges to we must forget only. ...

      By Ajay Dutta
      /
    • GST number is designed to compromise your details

      Dumbest thing in GST is using PAN as GST number and Mandating displaying GST number in Sign Boards. So that everyone on street knows our PAN. PAN is used as password in income tax docume...

      By Vinay Sen
      /
    • Will many CAs may have to close soon

      Many CA, CS and CMA Professionals have to either change work or close their practice after this attached circular.

      By Ajay Dutta
      /
    • Google is a pathetic company

      Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...

      By Vishal Khanna
      /
    • GST filing

      Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...

      By Subramanian Venkataraman
      /
    • Taxation Issues faced by Startups: Inputs Sought

      Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...

      By LocalCircles Manager
      /
    • Why no penalty an dprosecution for govt

      Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...

      By SUBHASH PARAKH
      /
    • Income Tax Return Filing Portal

      What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...

      By Hasmukh Sangani
      /
    • Grass root experience

      I have been doing and promoting small business for the last 30 years. The real problem is that the ministers and their secretaries don't have practical experience and they look for 5 trillion dolla...

      By AMIT MADHAV BHATTACHARYA
      /
    • Why do Ministers refrain from engaging with businesses

      I find it quite interesting that the ministers want to deal only with tata adani ambani and not the real msme and startups. Why is the msme minister (appointed this week Narayan Rane) his secretary...

      By Aditi Mitra
      /
    • Why such mismanagement

      FICCI the industry association has written to Centre saying most of 40000 ventilators manufactured under PM Cares Fund last year are lying unused at government facilities. Mainly due to negligence ...

      By Sudesh Rai
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)