Startups Mentorship Program

Info

Participate in a Startup Business Mentorship Session!

This session is ideal for individuals contemplating launching a startup but unsure of the necessary steps to ensure its success.
For those already progressing through their startup's prototype phase, this mentorship offers valuable insights into effective strategies for product positioning, sales, and marketing.
If someone operates an existing startup and seeks guidance on stabilization, year-over-year growth, investment opportunities, and exit strategies, this session is also beneficial.

SESSION AGENDA:

1. ESTABLISHING A STARTUP:

Essentially, no idea is too outdated to innovate; the market is always open to well-executed concepts.
Learn how to bring a startup idea to fruition with minimal resources, including time and financial investment.
Determine the feasibility of a startup idea and explore pathways to make it successful.

2. MARKET RESEARCH & ANALYSIS:

Discover the significance of market research and learn strategies for conducting it effectively.
Explore methods for crowdsourcing and how to obtain useful data for business enhancement.
Identify target demographics to tailor approaches for reaching potential customers.

3. MINIMUM VIABLE PRODUCT (MVP):

Understand what an MVP means for a startup and how to develop it at no cost.
Learn about product validation in the market and acceptance considerations.
Craft a viable business model, recognize early adopters, and leverage iterative strategies.
Discover how to gain initial traction for a startup initiative.

4. PRODUCT AND POSITIONING:

Utilize examples from the art world to grasp how proper placement can derive significant value.
Assess the true worth of a startup's product by understanding customer willingness to pay.
Decide if the business approach is appropriate for B2B, B2C, or both models.
Learn effective methods for crafting a strong call to action.

5. GO-TO-MARKET STRATEGY:

Understand the importance of early announcement strategies for products before they launch.
Gain insights into achieving a first-mover advantage.
Determine the suitability of freemium or gamification strategies for the startup.
Analyze whether a soft launch or launch event is best for market penetration.

6. CUSTOMER ACQUISITION & RETENTION:

Recognize that customers are essential to business survival and growth.
Identify ideal customer profiles to focus resources effectively.
Understand customer behavior and develop applicable strategies.
Learn about customer lifetime value and related metrics for forecasting growth.

7. SALES & MARKETING STRATEGIES:

Discover how to construct the most effective sales and marketing strategies.
Learn the motivations behind customer purchases.
Evaluate different sales and marketing methods to educate the market about the business.

8. INVESTMENT PREPARATION:

Uncover reasons for challenges in securing funding from investors.
Explore options for bootstrapping and crowdfunding initiatives.
Learn about essential financial metrics such as burn rates and cash flow.

9. INVESTOR ANALYSIS:

Become familiar with common investor inquiries to prepare effectively for discussions.
Understand components of term sheets and their impact.

10. STARTUP ORGANIZATIONAL STRUCTURE:

Realize the necessity of a well-defined organizational structure for implementation of business strategies.

11. COMMON STARTUP CHALLENGES:

Identify reasons for business struggles and how to navigate them effectively.
Learn strategies to address financial and operational issues.

----------------------------------------

THIS MENTORSHIP SESSION WILL BE HELD ONLINE

----------------------------------------

ABOUT THE MENTOR:

LAKSHMAN SINGH is a seasoned Startup/Business Mentor, Business Coach, and Fund Management Expert with over ten years of experience in the startup ecosystem, providing consultations and auditing services.

You can connect with Lakshman Singh:

LinkedIn: https://linkedin.com/in/iamlakshmansingh

Facebook: https://www.facebook.com/iamlakshmansingh

Email: Connect@LakshmanSingh.com

Website: https://www.lakshmansingh.com/

Blog: https://www.lakshmansingh.com/blog

Clientele: https://www.lakshmansingh.com/clientele

----------------------------------------

This session focuses on various aspects of startup mentorship, providing the crucial knowledge needed to establish and grow a successful business venture.