Participate in an Online Startup Business Mentorship Program!
- Aimed at aspiring entrepreneurs looking to launch their startup ventures with guidance on essential steps for success.
- Designed for those who have developed their startup ideas and are in the prototype phase, seeking effective strategies for positioning, sales, and marketing.
- Ideal for existing startup businesses seeking ways to stabilize, achieve year-over-year growth, attract investments, and formulate exit strategies.
PROGRAM AGENDA:
1. STARTING A SUCCESSFUL STARTUP:
- Understand that every unique idea has the potential to succeed if executed well.
- Discover how to turn startup concepts into reality with minimal resources.
- Evaluate the viability of startup ideas and identify strategies for effectiveness.
2. MARKET RESEARCH FOR STARTUPS:
- Grasp the importance of market research and the methodology for conducting it.
- Utilize crowdsourcing to obtain essential data for your startup.
- Identify target demographics necessary for strategic planning.
3. DEVELOPING A MINIMUM VIABLE PRODUCT (MVP):
- Learn what constitutes an MVP and how to develop it at a low cost.
- Clarify the definition of your product and its market acceptance.
- Create a robust business model and engage early adopters.
- Strategies for gaining initial traction within the market.
4. PRODUCT VALUE AND POSITIONING:
- Recognize how presentation can enhance the perceived value of even ordinary products.
- Assess the true value customers are willing to pay for your offerings.
- Identify whether your startup caters to B2B, B2C, or both markets, and the effectiveness of pricing strategies.
- Construct compelling calls-to-action in marketing efforts.
5. GO-TO-MARKET STRATEGIES:
- Learn effective strategies to create awareness about your offerings prior to launching.
- Understand the importance of achieving a first-mover advantage.
- Determine the appropriateness of freemium or gamification models for user engagement.
- Explore strategies for launch events and market penetration.
6. CUSTOMER ACQUISITION AND RETENTION:
- Recognize that customers are fundamental to business success.
- Define target customers to efficiently allocate resources.
- Examine customer behavior and relevant strategies.
- Calculate customer lifetime value (CLV) and use it to inform business decisions.
7. SALES AND MARKETING:
- Develop top-notch sales and marketing strategies to attract customers.
- Understand motivators that drive customer purchases.
- Identify required sales and marketing practices for educating potential customers.
- Optimize conversion rates through effective customer engagement strategies.
8. INVESTMENT READINESS:
- Learn the common pitfalls in securing funding and why investors may overlook startups.
- Explore fundraising methods such as bootstrapping and crowdfunding.
- Understand financial metrics like burn rate and cash flow that affect investment potential.
9. UNDERSTANDING INVESTORS:
- Familiarize with common questions investors ask to prepare for funding pitches.
- Learn about important legal documents and their implications.
- Grasp how traction influences investor decisions regarding funding.
10. ORGANIZATIONAL STRUCTURE:
- Comprehend the importance of organizational structure for strategy implementation.
- Examine internal structures and key performance indicators.
- Learn how to cultivate advocates and innovate within the startup.
11. CHALLENGES FOR STARTUPS:
- Identify factors contributing to startup failures despite efforts.
- Explore recurring challenges and how to overcome them.
- Develop strategies to address financial and operational hurdles.
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This Online Startup Business Mentorship Program Will Be Conducted Virtually
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ABOUT THE MENTOR:
LAKSHMAN SINGH (Startup Mentor, Business Coach & Auditor, Fund Management, Angel Investor)
Bringing over a decade of experience in the startup ecosystem, Lakshman provides mentorship, investment, and networking opportunities to founders and executives.
Contact Details:
LinkedIn: https://linkedin.com/in/iamlakshmansingh
Email: Connect@LakshmanSingh.com
Website: https://www.lakshmansingh.com/
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Startup Mentorship | Learn to Build a Startup | Entrepreneur Workshop | Online Training | Business Development