“Entrepreneurship is a mindset, it is not only related to the skill set. The 24 Steps present a practical step-by-step process to channel the creative spirit to maximize the chances of success and ultimate impact.”
This blog contains a lot of information regarding startup and a step-by-step process on how someone can start their startup and create a good value in the minds of the customer.
ENTREPRENEURSHIP CAN BE TAUGHT!
"Do you think entrepreneurship can be taught ?"
When I was at the age of between 10-12, I didn’t know too much about entrepreneurship then I thought that entrepreneurship is a totally a born talent, but now I realized that entrepreneurship can be taught.
When we look at Richard Branson, Steve Jobs, Bill Gates, Larry Ellison, and all other highly visible entrepreneurs, they seem to be different from us. They seem extraordinary. But each of their successes is a result of great products that made them successful, not some special gene.
To be a great entrepreneur, you must have unique and game-changing (innovative) products. Either it is products, services or providing any information. If you are not having any unique product, services then other factors will not helpful for you to achieve success in the field of a startup . And the process of making a great product can be taught. So this blog will teach and give a short description of how to systematically improve your odds of making a great product.
This post presents a disciplined step-by-step approach to creating a new venture. This framework is useful both for college students or anyone who wants to start their company in this competitive environment.
So here is your 24 Steps To a Successful Startup ;
STEP 0
Getting Started
STEP 1
Market Segmentation
STEP 2
Select a Beachhead Market
STEP 3
Build an End User Profile
STEP 4
The Beachhead Market Need to “Calculate The Total Addressable Market (TAM) Size”
STEP 5
Profile The Persona For The Beachhead Market
STEP 6
Full Life Cycle Use Case
STEP 7
High-Level Product Specification
STEP 8
Quantify The Value Proposition
STEP 9
Identify Your Next 10 Customers
STEP 10
Define Your Core
STEP 11
Chart Your Competitive Position
STEP 12
Determine The Customer’s Decision-Making Unit (DMU)
STEP 13
Map The Process To Acquire A Paying Customer
STEP 14
Calculate The Total Addressable Market Size for the “Follow-on Markets”
STEP 15
Design A Business Model
STEP 16
Set Your Pricing Framework
STEP 17
Calculate the Lifetime Value (LTV) – (Acquired Customer)
STEP 18
Map The Sales Process To Acquire A Customer
STEP 19
Calculate The Cost Of Customer Acquisition (COCA)
STEP 20
Identify Key Assumptions
STEP 21
Test Key Assumptions
STEP 22
Define The Minimum Viable Business Product (MVBP)
STEP 23
Show That – ‘The Dogs Will Eat The Dog Food’
Companies often also talking about being, “willing to eat our own dog food”, meaning that they themselves use their own product, and they are feeling proud that they are making that particular product.
STEP 24
Develop A Product Plan
We know that Business is more than 24 steps but if you will follow these 24 steps then you will able to create and run your startup or business successfully.
यही पर पहली बार उनसे मुलाकात हुआ उनकी चुलबुली बातों मे क्या बवाल हुआ बात हुई नजरें मिली इकरार हुआ उनकी जूठी चाय पर इज़हार हुआ अजी उस चश्मे वाली से मुझे प्यार हुआ ll उनके हसी ठहाके का मैं भी भागीदार हुआ मिलने पर हाथ मिलाने का शिलशिला भी हुआ एक दूसरे से लिखित वो संवाद हुआ स्टेशन पर मिलने का भी करार हुआ उस चश्मे वाली से मुझे प्यार हुआ ll बात करते हुए तुम्हारा छत पर आना भी हुआ बैठे हुए लोगों का इशारा भी हुआ हवाओं के बहकावे में श्यामल आसमा भी साफ हुआ मेरे चाँद को देख वो चाँद भी जलकर के कई बार राख हुआ उस चश्मे वाली से मुझे प्यार हुआ ll बात बस दो की थी शोर मोहल्ला में हुआ उधारी थोड़ी से थी नीलाम पूरा घर हुआ आते जाते लोगो के मज़ाक का हिस्सेदार हुआ उस चश्मे वाली से मुझे प्यार हुआ ll
Building a Culture of Evidence in Education As education research becomes saturated with more massive data and statistical analyses, it can get less transparent and harder for teachers and policymakers to understand. That's why Larry Hedges, Northwestern University education professor and winner of the latest $3.9 million Yidan Prize, plans to put the bulk of the world's largest education research prize toward building better statistical and methodological bridges between researchers and educators. Hedges and fellow statistician Elizabeth Tipton are launching a new Center on Statistics in Evidence-Based Policy at the Institute for Policy Research at Northwestern, intended to improve the quality and transparency of studies for educators Hedges and fellow statistician Elizabeth Tipton are launching a new Center on Statistics in Evidence-Base...
New ways for exploring knowledge Education is about teaching, learning skills and knowledge. It additionally means helping individuals to figure out how to get things done and bolster them to consider what they realize.It is also important that for the educators to teach in a way to use the information what they get. Through education, the learning of society, nation, and of the world is passed on from generation to generation . This may incorporate training in profound quality, for instance figuring out the proper behavior as faithful, genuine and effective citizens. Education may help and guide people from one class to other. Taught people and gatherings can do things that they help less instructed individuals. And now we are come up to explore or our knowledge with new idea, we are offering PPT Presentation administrations. A group of skillful staff works in close coordination with our supporters to grant these administrations according to their needs. I...
Comments
Post a Comment