Ramesh Ravishankar’s Post

It is not necessary to have all the answers before starting up, says Ramesh Ravishankar, co-founder and Chief Growth Officer at Highperformr.ai. Sharing his own experience of facing challenges, he highlights that one must be willing to learn, adapt, and pivot as needed. Don't wait until you feel like you have all the answers — just start, and learn as you go, Ravishankar adds. What’s your story of starting your career journey? Share your thoughts in the comments section.

It's not only about the #tech startup but if you want to start your business and don't know how to market your businesses? and what kind of name we should have? Come to the #cremarstudio where #branding and #marketing experts with me will help you to design #yourbrand and #marketyourbusiness Reach us at hello.cremarstudio@gmail.com and book your #consultations today

12 casualties so far in 2024 - 80% of startups shut within their first five years—a hard truth underscored by this real case, where even $60M in funding from marquee investors like Blume, Tiger Global, Kalaari, and Accel couldn’t guarantee success. The recent news of this startup’s closure in just four years has been weighing on my mind. It weathered the pandemic, a funding winter, and volatile market conditions that left startups and investors alike grappling with uncertainty. In 2024 alone, 12 startups have shut down. Koo, once heralded as India’s answer to Twitter, showed incredible promise. Its focus on local languages brought millions of users together, but despite these innovations, it struggled to sustain itself. Here’s what we, as founders, can learn from Koo’s journey: 1. Sustainability of the Business Model Koo built a solid user base, but converting users into a sustainable revenue stream proved elusive. Many startups face this challenge—acquiring users is just step one; the real battle lies in monetizing effectively while maintaining value for the audience. 2. User Engagement and Retention Koo’s local language initiative was revolutionary, but retention requires more than innovation. The platform needed to continually offer users something unique to keep them engaged long-term—a challenge it couldn’t fully overcome. 3. Scaling Beyond Borders Every founder dreams of going global, but scaling comes with immense complexities—operational, cultural, and financial. For Koo, these hurdles made international ambitions harder to achieve. 4. Timing and Market Adaptability Koo’s journey is a reminder that timing matters deeply in the startup world. Navigating a funding winter or sudden market shifts requires quick adaptability and resilience. Koo’s story is not just about its rise and fall; it’s a reflection of the realities of building a startup. As founders, we must embrace the wins and confront the tough lessons—because innovation alone isn’t enough. Sustainability, engagement, scalability, and adaptability are the cornerstones of lasting success. What are your thoughts on Koo’s journey ? Img CC - Inc42

🚀 Bengaluru techie's viral post sparks a startup debate! - Every startup needs two types of people. Do you agree? - Thinkers design innovative strategies; doers make them happen. - Who do you think is more crucial: a dreamer or a doer? - Balancing the right mix impacts startup success greatly! - Your startup team: Which role do you identify with? Share your thoughts below. Let's discuss diverse startup team dynamics! 🌟💬

WE LOVE STARTUPS — maybe that's the first thing you should know about us. WE'RE DEDICATED TO HELPING STARTUPS — that's the second. We're not your typical team. We're a group of reliable partners, dedicated dev nerds (yes, we even have a squad called "Digital Nerds"), and Gen Z SMMs who write this kind of stuff with a smile :) You won't find another intro full of boring cases or corporate values here because we keep it real. We're humans who love doing our jobs well and making a positive impact. So, tell us about you! Are you a founder buried in paperwork or a CTO with a keen eye for tech strategy? Drop a comment to expand your network. Let's connect and build something amazing together! #digitalnerds #startup

Why it’s dangerous to have a company without hierarchy, according to pioneers of Google’s Startup Accelerator: In their book, Martin Gonzalez and Joshua Yellin explore why so many startups fail—and what those that succeed do right. Many entrepreneurs are inspired by romantic conceptions of how great startup life can be, and are looking for an exit path from the typical culture of a big company. They dream about getting rid of bureaucracy, hierarchies, irrelevant policies, unfair inequalities, and all the other corporate irritations. The appeal of reinventing all this is especially strong for founders who see themselves as maverick disruptors. If you believe that it’s possible to reinvent a product, service, or industry, it’s easy to extend that thinking to reinventing the way people are managed. Many corporate practices can seem as outdated as a VHS machine in the age of streaming. http://dlvr.it/TFHMdF

In February 2009, I launched my first company. Around the same time, Paul Graham, founder of Y Combinator, shared 13 invaluable pieces of advice for startup founders. Although these tips are from over a decade ago, they remain incredibly relevant today. Here they are verbatim – a must-read for anyone looking to succeed with their startup: 1. Pick good cofounders: The success of a startup often hinges on its founders. 2. Launch fast: Get your product out quickly to learn from real user feedback. 3. Let your idea evolve: Adapt and iterate your idea based on user feedback. 4. Understand your users: Deeply understanding user needs drives product success. 5. Better to make a few users love you than a lot ambivalent: Focus on making a small group of users very happy. 6. Offer surprisingly good customer service: Go above and beyond in customer service to delight users. 7. You make what you measure: Tracking metrics can drive improvement. 8. Spend little: Keep costs low to extend your runway. 9. Get ramen profitable: Achieve a level of profitability where you can sustain yourself. 10. Avoid distractions: Stay focused on your core mission. 11. Don't get demoralized: Keep morale high to maintain focus and productivity. 12. Don't give up: Persistence is key to overcoming challenges. 13. Deals fall through: Be prepared for deals not to materialize and don’t rely on them. Paul Graham's key advice: Understand your users. This is the most crucial principle, as deeply knowing what users need drives everything else. For more insights, visit Paul Graham’s website: https://lnkd.in/exKXYh_g

Navigating the quirky language of the #startup_ecosystem can be as thrilling as a safari. Here’s your guide to not just survive but thrive in the wild savannah of startup lingo. 🦄 Unicorn: A Rare Breed Definition: Startups valued at over $1 billion. Example: Airbnb and SpaceX, once mere ideas, now belong to this elite club, proving that with innovation and strategic risk-taking, unicorns aren't just mythical anymore. 🦓 Zebra: The Sustainable Unicorn Definition: Startups that are both profitable and improve society. Example: Zebra companies like Thread, transform recycled plastic into fabric, weaving profitability with sustainability. 🚀 Rocket Ship: Fasten Your Seatbelts Definition: Startups experiencing rapid growth. Example: Slack’s exponential user increase post-launch turned it into a communication powerhouse, a true rocket ship in its field. 💸 Bootstrap: Pulling Yourself Up Definition: Starting a business with minimal resources or capital. Example: Spanx founder Sara Blakely turned $5,000 into a billion-dollar empire, epitomizing bootstrapping success. 🔄 Pivot: Change Is the Only Constant Definition: A significant business strategy shift. Example: Twitter began as Odeo, a network where people could find and subscribe to podcasts, before pivoting to become the social media giant it is today. 🧩 MVP (Minimum Viable Product): Testing the Waters Definition: The simplest version of a product that allows for maximum learning. Example: Dropbox started as a mere video explaining its proposed service, collecting valuable customer feedback early on. Understanding these terms not only arms you with knowledge but also prepares you for deeper conversations in the startup world. What’s your favorite piece of startup jargon, and how has it shaped your business or ideas? Share your stories and let’s decode more terms together! Ready to turn your startup dreams into reality? Partner with Weavers Web, your expert mobile and web app development company. Contact us at info@weavers-web.com or visit www.weaversweb.com to get started today! #Entrepreneurship #UnicornStartups

Scaling *any* startup is exceedingly difficult. While raising large sums is often seen as a signal of incremental success, there are stories missing from the headlines at Techcrunch, Fortune and Axios. I am continually impressed by the courage and creativity of certain founders and management teams who have opted to persevere with less capital. I call these people Capital Efficiency Heroes. If you know of any, please share in the comments or DM me! In this piece, I explore: - How do Capital Efficiency Heroes differ from other startups? - Headline Grabbers versus Capital Efficiency Heroes - A tale of two online used auto businesses - An open call to identify these emerging heroes in US consumer Link to my longer-form post in the comments

We can finally share an exciting free resource beneficial for startup founders. It is a self-check tool meant to support the growth of a healthy startup ecosystem. This tool is tailored for founders of startups in the Seed to Series B stages and aims to help you systematically identify and tackle critical challenges related to tech, product, and culture such as performance, financial management, product-market fit, cost control, decision-making, and team dynamics. By using our self-check, you can uncover missed opportunities, mitigate financial burn, streamline operations, and build a better tech product, all of which are crucial for ensuring your startup's success and long-term viability. If you're interested, give it a try! https://lnkd.in/eQmnjZqE