Any New Product or Service in Business Demand Startup Mindset
Posted on: 16/Apr/2020 10:43:50 PM
The Startup Mindset is a loop in which you need to
Be Creative
Start Thin with low investment & infrastructure
Move fast
Build version 1 - Minimum viable product (MVP)
Launch
Introspect
Measure
Get Market Feedback
Embrace Criticism
Learn from failures
Iterate
Build Version 2,3.. until you get the Business Model right
Focus on Stability & Growth
Scale the Business
Though this Startup Mindset is crucial for the successful launch of any business, it is essential to carry forward during these instances
- Launching New Product/Service
- Opening New Markets(Branches, Showrooms, Franchisees, etc.,)
- Back to square one due to Social-Economic conditions & Start Rebuilding
Gunasekaran Adhiseshan
Startup Coach & Author of “Startup Recipe”
Contact: 9841237237
Mail Id: guna@coachguna.com
