I notice most of the startups face the following problems during my advisory in incubation:
Non-Clarity on the product & its need
right pricing and costing estimations
not estimating working capital requirements
making very optimistic assumptions
plunge with emotion than factual forecast
not verifying the feasibility of the business idea
over estimating management ability of self
not getting the right skillful team on board
I believe an independent sounding board would help to resolve most of the challenges. while saying all this, it is also proper to say that only promoters of start-up will have have the vision to build his venture.
I notice most of the startups face the following problems during my advisory in incubation:
I believe an independent sounding board would help to resolve most of the challenges. while saying all this, it is also proper to say that only promoters of start-up will have have the vision to build his venture.
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