Participate in a Startup Business Mentorship Session!

• This session is beneficial for individuals who aspire to launch their own startup but are unsure about the necessary steps to achieve success.

PROGRAM AGENDA:

1. ESTABLISHING A STARTUP:

• It's crucial to note: For startups, there's always potential for success if executed effectively.
• Participants will learn: Effective execution strategies to achieve startup success with minimal resources.
• Discover: Whether the startup idea is viable and methods to enhance its potential.

2. MARKET RESEARCH FOR STARTUPS:

• Understand: The significance of market research and techniques to conduct it.
• Crowdsourcing: Learn how and where to obtain necessary data for informed decision-making.
• Demographics: Identify the target audience for the product and tailor strategies accordingly.

3. DEVELOPING MINIMUM VIABLE PRODUCT (MVP):

• Understand: What constitutes the MVP for the startup and affordable ways to create it.
• Learn: Define the product for the startup and its market acceptance.
• Build: Design a Business Model, engage with Early adopters, and explore iteration methods.
• Discover ways to achieve initial traction for the startup.

4. PRODUCT POSITIONING:

• Remember: A simple artwork can thrive in a gallery; discover how to apply similar principles to the startup.
• Determine: The true value of the product to attract customer interest.
• Understand: Whether the startup operates on a B2B or B2C model and the effectiveness of various pricing strategies.

5. GO TO MARKET STRATEGY:

• It's essential to: Communicate what you're selling even before the product is ready; identify the optimal GTM strategy.
• Gain: The First Mover Advantage for launching a successful startup.
• Learn: Whether to implement a freemium model or gamification.
• Understand: The distinction between a soft launch and a launch party for effective market penetration.

6. CUSTOMER ACQUISITION AND RETENTION:

• Recognize: Customers define the business; without them, it's challenging to thrive.
• Identify: Ideal customers to optimize resources.
• Learn: The principles of Customer Behavior Modeling (CBM) and applicable strategies.

7. SALES AND MARKETING STRATEGIES:

• Explore: Effective sales and marketing tactics to drive product sales and attract customers.
• Understand: What incentivizes customers to choose this startup.
• Examine: Necessary sales and marketing practices for broadening awareness of the startup.

8. INVESTMENT READINESS:

• Learn: Understand the challenges in raising funds and why investors might overlook your startup.
• Discover methods for bootstrapping, crowdfunding, and equity fundraising.

9. INVESTOR ANALYSIS:

• Understand: Key questions investors will ask and how to address them effectively.
• Learn: The significance of traction and valuation in attracting investment.

10. ORGANIZATIONAL STRUCTURE:

• Recognize: The need for a solid organizational structure for successful strategy implementation.

11. COMMON STARTUP CHALLENGES:

• Identify: Why some startups struggle to gain momentum despite considerable efforts.
• Learn strategies to address: Financial, operational, and customer retention challenges.

This Startup Business Mentorship Program is conducted online.

ABOUT THE MENTOR:

LAKSHMAN SINGH, a Startup Business Mentor, Coach, and Investor with over a decade of expertise in the startup ecosystem, is dedicated to guiding founders through consultations and mentorship, including funding opportunities from his extensive network.

Contact Information:

Email: Connect@LakshmanSingh.com

Website: LakshmanSingh.com