Participate in a Startup Business Mentorship Session!
- This session is perfect for anyone looking to start a new business but lacking guidance on how to ensure its success.
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SESSION AGENDA:
1. BUILDING A STARTUP:
- Understand that there is always a market for innovative ideas if executed effectively.
- Discover effective methods to turn your startup idea into a successful business with minimal resources.
- Find out how to assess the viability of your startup idea and methods for improvement.
2. MARKET RESEARCH & ANALYSIS:
- Learn the importance of market research and how to conduct it effectively.
- Explore crowdsourcing techniques to obtain necessary data
- Identify who your potential customers are and how to tailor strategies accordingly.
3. CREATING A MINIMUM VIABLE PRODUCT (MVP):
- Understand what constitutes an MVP and how to develop it affordably.
- Learn about defining the product that will resonate with the market.
- Learn to create a robust business model, recognize early adopters, and implement effective iteration methods.
- Discover how to generate initial traction for your startup.
4. PRODUCT AND POSITIONING:
- Recognize that even regular products can achieve high valuation through strategic placement.
- Determine the real value of your product that customers would willingly pay for.
- Learn strategies for determining if your business fits B2B, B2C, or both.
- Discover how to create effective calls to action.
5. GO-TO-MARKET STRATEGY:
- Find out how to effectively announce your product before it's launched.
- Learn about the First Mover Advantage for your startup.
- Explore whether Freemium or Gamification strategies will be beneficial.
- Understand whether to opt for a "soft launch" or a more formal launch event.
6. CUSTOMER ACQUISITION AND RETENTION:
- Recognize that customers are essential for a thriving business.
- Identify your ideal customer and target audience to optimize resources.
- Understand customer behavior and develop corresponding strategies.
- Learn to build predictive models for Customer Lifetime Value (CLV) and analyze financial metrics like MRR.
7. SALES & MARKETING STRATEGIES:
- Discover how to create impactful sales and marketing strategies.
- Understand what motivates customers to make purchases.
- Identify the right channels for sales and marketing to educate potential customers.
8. INVESTMENT READINESS:
- Determine why funds may be hard to raise and learn what to do about it.
- Understand how to bootstrap and utilize crowdfunding effectively.
- Learn crucial financial metrics like burn rate and cash flow management.
9. ANALYSING INVESTORS' PERSPECTIVES:
- Understand the fundamental questions investors ask and how to prepare.
- Learn about how traction can impact funding opportunities.
10. ORGANIZATIONAL STRUCTURE:
- Recognize the need for a solid organizational structure for strategy implementation.
- Learn how to create brand ambassadors and pivot when necessary.
11. COMMON STARTUP CHALLENGES:
- Identify reasons why startups may fail despite significant effort.
- Learn how to navigate financial and operational hurdles.
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This mentorship session will be conducted online.
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ABOUT THE MENTOR:
Lakshman Singh is a seasoned Startup Mentor, Business Coach, Auditor, and Angel Investor with over a decade of experience. He assists founders and CXOs through consultations and investments while providing invaluable industry insights.
Contact: LinkedIn
Email: Connect@LakshmanSingh.com
Website: LakshmanSingh.com
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Startup Mentorship | Build Your Startup Business | Entrepreneur Workshop | Business Growth Strategies | Startup Training | Online Mentorship