Taldar Tech Consultancy What Is A Start Up Page

What Is A Start Up?

• Posted On: May 4, 2019 By Ronak Taldar

Okay, But it’s not that clear.

So is Uber, which has a $68 billion valuation but is 8 years old, a startup?

Or a family selling fast food online is a startup?

‘Startup is boom in the market’. This culture is now pacing a fast in 3-tier cities as well. Unlike always engineers are getting more indulged in startups such as restro, wifi cafes, online bakeries, e marketing, but not in monotonous job. All of a sudden there has been a shift in the attention of the majority from traditional to contemporary job. Not only a shift has occurred but also our diligent efforts for a startup have fired exorbitantly.

Let’s see how an entrepreneur’s journey starts

First they identify a consumer’s need, any innovation in terms of service or product or daily problems faced by major population. This is how we confront a crude idea.

Then the next hurdle is converting the crude idea into a successful business model. You have to turn that idea to business model because you have survive plus keep it going thus startup is born. i.e.

• Identify the idea
• Assessing the idea

For example the idea of Saavan app evolved because there was no South Asian music available digitally; The next story “Redbus”- because the founder was once stuck to book the ticket instantly; FreshDesk – they were consistently experiencing a poor customer service and the list goes on unending.

But before going for any idea these are the questions that you should ask yourself:

• Q 1. Who needs it?
• Q 2. How badly they need it?
• Q 3. Will they pay for it and buy it from somebody new ?A startup is an emotional journey with lots of ups and downs that can either result in massive failure or immense success, but surely you will receive girth of learning and deep mental satisfaction. The person behind a startup is just not a founder, but an assiduous, creative and unique person who finds a typical 9-5 job quite dull and believes in himself or herself that he/she can change the world by his/her perseverance.