S T E P   B Y   S T E P
Step by step is an exclusive guide by an IIT Bombay student to help you with your entrepreneurial journey. From forming a solid team, drafting a proper business model to pitching it to the investors and getting it in the market, this will help you with all.

Step 1

Life of an entrepreneur, Myths about Entrepreneurship

Entrepreneur’s life looks very glamorous and tempting, after all who doesn’t like to be his/her own boss...

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Step 2

Identify Problem

Starting up a startup requires a lot of motivation and perseverance. Trying to solve a problem that you feel is very important...

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Step 3

dentify the person whose problem you are solving

We have developed a product, but which audience to target is one of the biggest question...

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Step 4

Get started with business model using lean startup canvas

SLean canvas is one page business plan template. It has 9 basic building block....

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Step 5

What makes you different from others?

Every entrepreneur thinks what makes their idea different from the competition and this question leads to development of unique value...

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Step 6

Make first iteration of your solution?(MVP)

While developing a product, you need to prioritize your development. There are some features that you customers feel is more important to develop...

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Step 7

How company generates revenue?(Revenue Model)

Revenue is the income that a business have from its normal business model....

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Step 8

What are the delivery channel for sales?

A distribution channels is a chain of businesses or intermediaries through which a good or a service passes until it reaches its end customers...

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Step 9

How to price your product?(Pricing strategy)

Even if we might have a very good product, without a good go to market strategy, there are high chances of your startup being failed...

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Step 10

How to pitch your startup for getting funded?

After completing the business model, the next phase that comes is, to present your startup to your potential customers and investors...

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Step 11

How to finance your startup?(Funding strategy)

Money is one of the most important factors that is required for a startup....

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Step 12

How to choose correct cofounder?

“If you want to go fast, go alone. If you want to go far, go together.” – African Proverb Choosing the right co-founder is an extremely important step for any start-up...

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Step 13

How to retain your core team?

The success of any company depends upon the talent of the company. Finding great talents is a very tough job...

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Step 14

What are the delivery channel for sales?

Brand is defined as the overall perception of a company whenever a customer interact with your company...

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